Glass Lewis (San Francisco), a corporate governance research and proxy advisory firm, has endorsed Ferro’s three board nominees—Richard Brown, Gregory Hyland, and Ronald Vargo—at the company’s shareholder meeting to be held on 15 May...
Despite the industry’s cyclicality and environmental risks, North American chemical companies tend to offer weak covenants on high-yield bonds, according to a new report from Moody’s Investors Service (New York), the credit ratings concern. The...
Rinchem (Albuquerque, NM) has recently opened a new 65,000-sq ft chemical logistics facility in Hollister, CA, the company says. The new facility includes warehousing areas for regulated and nonregulated chemicals and gases. The site will provide a range of...
Six sodium chlorate manufacturers have established a consortium to seek authorization under Europe's Registration, Evaluation, Authorisation, and Restriction of Chemicals (Reach) regulation for the use of sodium dichromate as a processing aid in the sodium...
Investment firms FrontFour Capital and Quinpario Partners have nominated a slate of three candidates for Ferro’s board of directors, according to a regulatory filing. The group, which includes former Solutia CEO Jeffry Quinn as well as former Solutia...
Despite all the talk of low-cost feedstocks in the United States due to the impact of shale gas, the low alternative value of liquid hydrocarbons in Russia is keeping existing Russian steam crackers highly competitive on the world market, says a recent...
SAE International (Warrendale, PA), a global group that sets voluntary technical standards for the automotive sector, says it is conducting an updated engineering review of the refrigerant R-1234yf for use in automobile air-conditioning systems. SAE’s...
A survey of chemical industry executives by KPMG (New York), a consultancy, has found that the US “fiscal cliff” is a key concern going into the end of the year. However, executives remain hopeful about the potential of shale gas. The survey found...
With the 2012 presidential election over, the National Association of Chemical Distributors (NACD; Washington) is looking to work with federal regulatory agencies to ensure greater and smoother compliance, members say. The group is deliberately pursuing a...