Chemical industry weekly news roundup, 25 Jan.
3:15 PM MST | January 25, 2013 | By VINCENT VALK
This Week on CW:
Fourth-quarter results are coming in and the verdict is, well, inconclusive. DuPont’s earnings fell on weak TiO2 pricing, while Air Products’ profits were up slightly and Praxair’s were flat.
Dow Chemical is withdrawing from the US National Association of Manufacturers (NAM) due to a spat over natural gas exports. The company has threatened to withdraw from ACC for the same reason.
OM Group is selling its cobalt advanced materials division to mining joint venture for up to $435 million.
Around the Web:
As investors regain confidence, stock indices are rebounding to pre-recession levels, in The New York Times.
The beleaguered city of Youngstown, Ohio is seeing some hope from shale gas, a local official says, in Columbus Business First.