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3 Finance Stories to Watch — And What They Mean For Chemical Manufacturers

April 8, 2015 4:59 pm | by Meagan Parrish, Editor, Chem.Info | News | Comments

Follow the money.

Cleaning Products Maker Zep Being Taken Private

April 8, 2015 10:52 am | by The Associated Press | News | Comments

Commercial and industrial chemical products company Zep Inc. is being taken private in a $692 million sale including assumed debt to private equity firm New Mountain Capital.

Shell Looks to Acquire BG Group in Historic $70B Deal

April 8, 2015 9:57 am | by Andy Szal, Digital Reporter | News | Comments

Royal Dutch Shell has agreed to acquire U.K.-based BG Group in one of the largest deals ever in the oil and gas sector.  

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BASF Just Turned 150

April 7, 2015 5:20 pm | by Meagan Parrish, Editor, Chem.Info | Articles | Comments

Here’s a quick look at the chemical giant’s history, from game-changing innovations and alleged war crimes, to rapid expansion and tackling the chemical challenges of the future.  

Mexico, First Reserve Strike $1B Energy Investment Deal

April 7, 2015 4:46 pm | by The Associated Press | News | Comments

Mexico's state-run oil company and U.S.-based First Reserve are announcing a $1 billion deal to invest in the energy sector.

Enviro Tech Chemical Services Dedicates New Facility

April 1, 2015 10:47 am | by The Associated Press | News | Comments

Enviro Tech is a chemical company focused on food safety and water treatment. Company officials say the plant will eventually employ more than 80 workers.

Monsanto Donates $4M to Effort to Save Monarch Butterflies

April 1, 2015 9:24 am | by JIM SUHR, Associated Press | News | Comments

Agribusiness Monsanto Co., whose popular weed killer Roundup has been partly blamed by critics for knocking out monarch butterflies' habitat, said Tuesday it is committing $4 million to efforts to stem the worrisome decline of the black-and-orange insects.

Emissions Requirements, Fuel Cell Vehicles to Drive Increase in Global Hydrogen

March 31, 2015 3:25 pm | by Andy Szal, Digital Reporter | News | Comments

A recently released report anticipates demand for cleaner transportation will substantially increase the global hydrogen market in the near future.

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Va. Board OKs $361,000 Fine Against CSX For 2014 Derailment

March 31, 2015 10:44 am | by The Associated Press | News | Comments

CSX also agreed to complete restoration of the river bank in the area of the derailment and monitor the river for any long-term environmental impacts from the incident.

High Plains Coal-Bed Methane Reservoir Deal Headed to Vote

March 31, 2015 10:29 am | by MEAD GRUVER, Associated Press | News | Comments

An agreement between Wyoming environmental regulators, a gas developer and a bond surety company would put the surety company in charge of inventory and reclamation of as many as 143 small reservoirs containing groundwater from coal-bed methane wells.

Dow Chemical And Olin Corp. Announce Mega Merger

March 31, 2015 9:47 am | by Andy Szal, Digital Reporter | News | Comments

Dow and Olin said the new transaction would double Olin's scale and create "an industry leader with revenues approaching $7 billion."

Chemical Production Sees Best Increase Since '10

March 30, 2015 5:16 pm | by Andy Szal, Digital Reporter | News | Comments

Production increased in eight segments, including organic chemicals, consumer products and pharmaceuticals, but decreased in eight others that included synthetic fibers, plastic resins and adhesives.

Mining For Tourists? A Dubious Economic Savior in Appalachia

March 30, 2015 4:16 pm | by JONATHAN DREW and ALLEN G. BREED, Associated Press | Articles | Comments

Seco, like so many Central Appalachian communities, owes its existence to coal — its very name is an acronym for South East Coal Company. But as mining wanes, officials across the region are looking for something to replace traditional jobs and revenues.

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Business Forecasters Boost 2-Year Outlook For US Economy

March 30, 2015 11:12 am | by The Associated Press | News | Comments

The March report from the National Association for Business Economics forecasts more hiring, a lower unemployment rate, a lower inflation rate and more growth in consumer spending in 2015, compared to the group's forecast December 2014.

Is Wyoming Ready For Another Bust?

March 28, 2015 3:37 pm | by BENJAMIN STORROW, Casper Star-Tribune | Articles | Comments

Almost three decades after a dramatic drop in crude prices brought the state to its knees, is Wyoming better prepared to navigate another oil industry bust?

Hess Corp Gives $15 Million to University of Wyoming

March 26, 2015 10:36 pm | by The Associated Press | News | Comments

Energy firm Hess Corp. has donated $15 million to the University of Wyoming to bolster research into extracting hard-to-get oil and gas deposits.

Execs From Montana's Largest Mining Company Moving to Denver

March 26, 2015 6:11 pm | by MATTHEW BROWN, Associated Press | News | Comments

Top executives from Montana's largest mining company are relocating to Denver and the company plans to close its offices in Billings as part of cost-cutting moves.

Shell Cuts Staff in North Sea

March 26, 2015 2:43 pm | by Associated Press | News | Comments

The oil company said the cuts are part of a range of initiatives it has been pursuing to manage costs and improve competitive performance.

Top Tips For EHS Asset Performance — No. 1

March 24, 2015 4:57 pm | by Greg Goodwin, LNS Research | Blogs | Comments

This week, we're counting down the top five environment, health and safety asset performance management considerations chemical manufacturers need to know. Find out what comes in at No. 1!

Top Tips For EHS Asset Performance — No. 3

March 24, 2015 4:32 pm | by Greg Goodwin, LNS Research | Blogs | Comments

This week, we're counting down the top five environment, health and safety asset performance management considerations chemical manufacturers need to know. Today we look at increased focus on sustainability and waste reduction.

Chinese Chemical Company Set to Acquire Pirelli

March 24, 2015 4:21 pm | by Andy Szal, Digital Reporter | News | Comments

The acquisition would give China the intellectual property of the world's fifth-largest tire maker, while giving Pirelli greater access to the world's largest auto market amid potential competition in Asia from Michelin and Continental.

Top Tips For EHS Asset Performance — No. 5

March 23, 2015 10:01 am | by Greg Goodwin, LNS Research | Blogs | Comments

This week, we're counting down the top five environment, health and safety asset performance management considerations chemical manufacturers need to know. On the list today: Risk management is a driving force.

US Stocks Rise on Rebound in Oil, Strong Company Results

March 20, 2015 12:08 pm | News | Comments

After dropping more than 3 percent Thursday, oil was up $1.39, or 3 percent, to $46.86 a barrel. Energy stocks rose far more than the rest of the market, with the S&P 500 Energy sector up 1.3 percent.

Monsanto to Pay $350K to Settle More Wheat-Related Lawsuits

March 19, 2015 9:41 am | by The Associated Press | News | Comments

The lawsuits relate to the discovery of genetically modified wheat on a farm in Oregon in May 2013. The wheat had not been approved, and after the discovery, Japan and South Korea temporarily suspended some wheat orders.

General Mills Completes Plan to Cut About 800 Jobs

March 18, 2015 3:01 pm | by The Associated Press | News | Comments

The maker of Cheerios cereal, Yoplait yogurt and other packaged foods also reported mixed results for its fiscal third quarter as a stronger dollar pressured sales.

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