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Displaying 221 - 232 of 301 stories.
March 6, 2009
A plunge in profits and demand, impaired credit markets, and lack of clarity about when conditions will stabilize are putting a decided chill on M&A deals, as this week’s...
February 27, 2009
The $2.3-billion bid by International Petroleum Investment Co. (IPIC; Abu Dhabi), an Abu Dhabi state-controlled investment fund, to acquire Nova Chemicals highlights just how quickly...
February 20, 2009
The brutal situation in the industry continues as Asian and European firms weigh in with results that are just as distressed as that of their U.S. counterparts. The downturn, which...
February 6, 2009
As expected, the fourth quarter was brutal. Double-digit volume declines hit all regions. More troubling, however, were first-quarter forecasts. January sales are tracking at or below late-2008 levels, several producers say....
January 23, 2009
The double hit on the chemical industry of unavailable or expensive credit and the slowdown in end-user markets makes a stronger case than ever for companies to use the best market...
January 16, 2009
 The severe fourth-quarter drops in chemical demand are likely to be matched by even sharper declines in reported earnings over the next few weeks. Consensus earnings estimates...
January 9, 2009
The economic meltdown claimed industry’s first major casualty last week. LyondellBasell’s Chapter 11 filing for its U.S. operations puts the world’s largest producer...
January 9, 2009
Dear Reader, The new year brings a new look for CW. Our refresh provides a more modern feel to the weekly print edition and a stronger link to our increasingly active online presence...
December 19, 2008
Late December should mark the season when activity slows, but the dramatic turn in the economy and industry’s fortunes promises to keep all on guard well into the new year...
December 12, 2008
Bad news continues as chemical makers aggressively reduce costs in response to sharply lower demand and sudden inventory depletion across all supply chains. Dow Chemical announced...
December 5, 2008
Discussions with producers at the Gulf Petrochemicals and Chemicals Association (GPCA) forum, held last week in Dubai, make clear that industry demand remains rotten with no bottom to...
November 21, 2008
The rate at which industry demand continues to disintegrate in late 2008 is startling. Alarms have been sounding since the financial crisis swelled in September, pushing anxious...
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