Top of the News

Terra Industries Accepts CF Industries' Offer

9:22 AM EST | March 10, 2010 | Kerri Walsh

 Terra Industries says it has accepted CF Industries' $47.40/share offer, which was made on March 2. The offer values Terra at about $4.72 billion. Terra has informed Yara International, which offered to buy the company for $41.1/share last month, that...

Hexion's Loss Narrows, Margins Improve

10:41 AM EST | March 9, 2010 | Rebecca Coons

Sales fell 8%, to $1.09 billion, reflecting lower raw material prices partially offset by improved volumes and margins, the company says. The 2008 quarter included an $800-million charge related to the termination of its merger agreement with Huntsman....


Unilever Extends Collaboration to Make Personal Care Products from Algae

Pessimism Pervades Lead up to Next Round of Climate Negotiations

BASF's 2009 Energy Efficiency Measures to Yield Annual Savings of $53 Million

More Top of the News...




Power Drive: Chemical Sector to Benefit from Fragmentation of Energy Supply through 2060

Automotive batteries, biofuels, and solar energy, are three renewable energy segments that can provide significant opportunities for the chemicals sector through 2060, according to a new report by Ingo Schröter, principal for consulting firm A.T. Kearney in Germany. The supply of energy up to 2060...click here to read more


ON CHEM IDEAS Blog

When Supply Chains Merge; Five Steps to Success by Harpal Singh, CEO of Supply Chain Consultants

SUSTAINABILITY NEWS

Start-up Advances Biobased Acrylic Acid Production Process


Americas

Ferro Board Member Resigns, Raises Concerns

3:36 PM EST | March 10, 2010 | Vincent Valk

Ferro board member Michael F. Mee resigned after the board's February 26 meeting and raised several concerns regarding the company's performance and governance, according to an SEC filing. Upon his resignation Mee, a former Bristol Myers Squibb CFO, raised...

Europe

BASF's 2009 Energy Efficiency Measures to Yield Annual Savings of $53 Million

5:12 AM EST | March 10, 2010 | Alex Scott

Energy efficiency measures implemented by BASF in 2009 are set to make annual energy savings for the company totalling €39 million ($53 million), the company says. The savings are detailed in the firm’s 2009 annual report which is due...

FURTH ANNUAL GPCA FORUM
ExxonMobil Chemical

US Petrochemical

Asia/Pacific

BDP Establishes JV in India; Will Target Chemicals Sector

7:11 AM EST | March 10, 2010 | Deepti Ramesh

Logistics company BDP International (Philadelphia) says it has established a joint venture company in India dubbed BDP Global Logistics India (Mumbai). The new company is a jv between BDP and Unique Global Logistics (Mumbai) with BDP as the majority...

Mideast/Africa

Ras Laffan Olefins Set to Start This Month

5:06 PM EST | March 9, 2010

Operations at the Ras Laffan Olefins Co. (RLOC) ethylene unit in Ras Laffan, Qatar are expected to start this month, according to Chevron, parent of one of the joint venture partners in the project....

Viewpoint

Recovery Fueling M&A Revival

3:30 AM EST | March 1, 2010

Greater confidence is recovery should spark more M&A activity this year after a weak 2009. The total equity value of the deals totalled $25.4 billion in 2009, down from $39.7 billion in 2008, according to data from Young & Partners. Two deals—Dow...

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