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Displaying 361 - 380 of 561 stories.
December 31, 1969
A recent Organisation for Economic Cooperation and Development (OECD; Paris) report may have undermined a key tenet of the western chemical industry’s lobbying position at the...
September 21, 2009
Producers are confident that the worst is now behind for the chemical sector but warn that recovery may be slow. “Business conditions are stabilizing,” Dow Chemical...
September 18, 2009
The Bayer supervisory board has appointed Dutch-born Marijn Dekkers to succeed Werner Wenning as the company’s CEO on October 1, 2010. Dekkers is the first CEO to be appointed by...
September 4, 2009
Huntsman has reached an agreement to acquire most of the titanium dioxide (TiO2) and electrolytics assets of Tronox for $415 million. Huntsman, if the bid is approved by the U.S...
September 4, 2009
Dow Chemical has completed the sale of its 45% stake in Dow and Total’s refinery joint venture—Total Raffinaderij Nederland (TRN)—at Vlissingen, the Netherlands to...
December 31, 1969
Seven Taiwanese petrochemical producers have joined forces to explore a multibillion-dollar investment in mainland China, CW has learned. The complex is expected to be located in a...
December 31, 1969
DuPont says it will invest $120 million to increase production capacity for monomer and resins used to produce its Tedlar brand polyvinyl fluoride (PVF) films, a key component of the...
December 31, 1969
Airgas, Air Products, DuPont, and PPG Industries surprised analysts with better-than-expected earnings, reporting profits that were still far below the year-ago period but improved on...
December 31, 1969
Second-quarter earnings at specialty chemical firms were hit hard by weak sales volumes and customer destocking. Sherwin-Williams (SW) reported net income of $158 million, down 8%...
July 10, 2009
BASF has announced a deep restructuring of the former activities of Ciba Specialty Chemicals, which BASF acquired last April. The plans include heavy job cuts and possibly widespread...
July 10, 2009
A study by McKinsey and Co., commissioned by the International Council of Chemical Associations (ICCA), has concluded that the chemical industry enables net savings of greenhouse gas...
June 26, 2009
Energy company Lukoil (Moscow) says it has agreed to buy Dow Chemical’s 45% stake in Dow and Total’s refinery joint venture at Vlissingen, the Netherlands. The value of the...
June 26, 2009
Huntsman reached an agreement last week with Credit Suisse and Deutsche Bank that provides $1.73 billion in cash and financing to settle Huntsman’s claim that the banks...
June 17, 2009
Venezuela’s National Assembly has proposed a law to assume greater control of the petrochemical sector, a move that was widely expected to pass into law by CW presstime. The...
June 12, 2009
The trial for Huntsman’s multibillion lawsuit against Credit Suisse and Deutsche Bank is scheduled to begin June 15 in Montgomery County, TX district court. Huntsman filed the...
May 29, 2009
Ineos’s creditors were expected at CW’s presstime last week to approve the company’s request for an extension to its debt covenant waiver. Ineos made the request last...
May 29, 2009
Speculation is mounting over which potential partners could replace Petrochemical Industries Co. (PIC; Safat, Kuwait) in K-Dow, a proposed 50-50 joint venture with Dow Chemical that...
May 29, 2009
Speculation is mounting over which potential partners could replace Petrochemical Industries Co. (PIC; Safat, Kuwait) in K-Dow, a proposed 50-50 joint venture with Dow Chemical that...
May 22, 2009
Evonik Industries reported a first-quarter 2009 net loss of €46 million ($62 million) compared with profits of €284 million in the year-ago quarter on sales down 19%, to...
May 22, 2009
Dow Chemical says it has agreed to sell its 45% stake in a Dutch refining partnership with Total, Total Raffinaderij Nederland, to Valero Energy for about $725 million. The deal is...
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