IHS Chemical Week

People & Business :: Companies

Chemical Industry Weekly News Round-Up, July 29

2:44 PM MDT | July 29, 2011 | Vincent Valk

This Week on CW:   The industry's biggest companies reported second-quarter earnings this week, and the results were mostly good. Dow, DuPont, LyondellBasell and Eastman all beat estimates. BASF, however, saw lower-than-expected earnings and sales.   DSM is calling on the industry to phase out styrene, which the U.S. now lists as a possible carcinogen.   Braskem has purchased Dow's polypropylene business for $340 million. The company, which bought Sunoco's PP business last year, is looking at further expansion in North America.   Formosa is...

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