The volume of solar installations will grow at a 23% annual rate from 2010 to 2015, but revenue will grow by just 14%, as prices fall due to remaining overcapacity, says market research firm Lux Research (New York)....
Four people have been injured following an explosion at the Stallingborough, U.K. manufacturing plant of titanium dioxide (TiO2) producer Cristal Global (Cristal; Yanbu, Saudi Arabia). A reactor tank ruptured today at 00:30 local time releasing a cloud of...
Eastman Chemical says its Longview, TX olefins complex will be down following an equipment breakage that has interrupted production of certain products and intermediates. The company expects the outage to cut first-quarter 2010 earnings per share by about 20...
CF Industries has raised its offer to acquire Terra Industries, to $47.40/share, topping Yara International's offer of $41.1/share that was announced last month. The new CF offer values Terra at about $4.72 billion based on the company's outstanding shares as...
TPG Capital (Fort Worth, TX), one of the half a dozen private equity bidders to acquire Dow Chemicals' $4.5 billion-$5 billion/year Styron styrenics operation, has emerged as the favorite to win the auction, according to several reports. An announcement of the...
Lithium and specialty plant nutrition sites north of quake epicenter were not affected, the companies say....
The company says the proprietary metabolic pathway, which utilizes a yeast microorganism, can be used to produce adipic acid from sugar, plant-based oils, or alkanes....
Hindustan Petroleum Corp. Ltd. (HPCL; Mumbai) plans to revive the previously announced integrated refinery and petrochemical joint venture project at Vishakhapatnam, India, say press reports. The project, which was announced...
Braskem and Idesa have approved a previously announced joint venture to build a $2.5-billion, 1-million m.t./year ethylene complex at Coatzacoalcos, Mexico. Braskem and will hold a 65% stake in the venture, Idesa 35%. Mexico’s state owned oil firm...
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