Regions :: North America
Chemical Industry Weekly News Round-Up, April 29
2:09 PM MDT | April 29, 2011 | Vincent Valk
This Week on CW: It's earnings season, and the results have been strong all-around. Dow's earnings jumped 31% on price and demand improvement. ExxonMobil Chemical posted $1.5 billion in profit, a new record. DSM's earnings rose 16%, while Bayer's were up 13%. Higher sales played a role in the improvement at both companies. Outside earnings, former Berkshire Hathaway exec David Sokol, who has come under suspicion for insider trading, apparently scouted three chemical companies before settling on the Lubrizol acquisition. Around the Web: CEOs of major oil and power...
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