IHS Chemical Week

Week of 5-11 May, 2014

11:02 AM MDT | May 12, 2014

A rundown of the industry’s key events from IHS Chemical Week Business Daily: > Third Point sharpens criticism of Dow's petchem strategy > Bayer to buy consumer-care business of Merck & Co. > Asahi Kasei reports huge rise in earnings, Teijin swings to profit > Lanxess begins realignment under new CEO, raises share capital > Arkema swings to profit, but sales decline Activist hedge fund Third Point called on Dow Chemical to provide greater detail on its petrochemical operations, arguing that the segment is “underearning” by at least $2.5...

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