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Displaying 41 - 52 of 629 stories.
March 24, 2016
MEGlobal (Dubai) has chosen Dow Chemical’s Oyster Creek site at Freeport, TX, for the location of a world-scale ethylene glycol (EG) facility, which the company expects to bring...
March 24, 2016
Sherwin-Williams (SW) on 20 March announced plans to acquire Valspar for approximately $11.3 billion, including debt. At $113/share, the transaction represents a premium of about 35%...
March 10, 2016
Low energy and chemical prices are taking their toll on petrochemical investment projects in the United States....
March 10, 2016
Reports of a potential BASF bid for DuPont emerged in early March, but market reaction has been skeptical as to whether the reports would become a reality. Citing people familiar with...
March 3, 2016
BASF says it is well positioned to carry on in agricultural chemicals alone, according to chairman Kurt Bock. Bock was responding to numerous questions noting the consolidation of the global agchems market at the company’s results press briefing on 26 February in Ludwigshafen. Separately, BASF said earlier this month that it will scale back its plant biotechnology efforts....
March 3, 2016
BASF says it is looking again at its planned methanol-to-propylene (MTP) investment at Freeport, TX, citing concerns that low oil prices could hurt the project’s competitiveness...
February 18, 2016
Westlake upped the ante in its bid for Axiall on 16 February, announcing that it will take its acquisition proposal to Axiall’s shareholders by nominating a full slate of directors at the company’s 2016 annual meeting. Albert Chao, Westlake’s president and CEO, says many Axiall shareholders have expressed the desire for Axiall to enter discussions....
February 18, 2016
Shahdaee: BASF in talks on large petchems investment in Assaluyeh. BASF has declined to comment on reports that it is discussing investment in a multibillion-dollar project in southern...
February 16, 2016
Air Liquide’s net profit in 2015 rose 5.5% year-on-year (YOY), to €1.76 billion ($1.97 billion), up from €1.67 billion in 2014. The company has not disclosed net profit...
February 11, 2016
Big M&A deal: Ren Jianxin(l.), chairman of ChemChina; and Michel Demaré addressing the media. The consolidation of the agricultural chemicals industry may be entering its...
January 28, 2016
DuPont on 26 January reported a fourth-quarter 2015 net loss of $253 million, or 26 cts/share, due mostly to restructuring charges as the company implements cost-cutting programs....
January 28, 2016
Fourth-quarter earnings from Methanex and Celanese reflect declining product prices. Methanex reports net income for the fourth quarter of $11 million, down 92% year-on-year (YOY) from...
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