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People & Business :: Earnings/Finance

Chemical Industry Weekly News Round-Up, Aug. 10

3:07 PM MDT | August 10, 2012 | Vincent Valk

This Week on CW:   Huntsman announced plans to expand its MDI manufacturing facility in Louisiana, to keep pace with growth in demand and take advantage of cheap domestic feedstocks.   DSM will buy a leading Brazilian animal health firm for €465 million ($575.1 million). Meanwhile, the company reported a decline in earnings and plans to cut 4% of its workforce.   Chemicals output and industry confidence are deteriorating in the EU, according to Cefic.   China has launched a physical trading platform for rare earths at Baotou as part of...

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