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Chevron Phillips Chemical sells Ryton PPS business for $220 million

Chevron Phillips Chemical Company has agreed to sell its Ryton chemical business to Solvay Specialty Polymers USA LLC, the company announced.
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PepsiCo unveils water monitoring tool

PepsiCo has partnered with the Inter-American Development Bank (IDB) to develop a tool that can be used to forecast the availability of freshwater in water-scarce regions.
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California to ban single-use plastic bags

California lawmakers have passed a bill that could ban single-use plastic bags in the state, the first such ban in the U.S.
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PG&E faces $1.4 billion fine for 2010 pipeline explosion

Californian utility Pacific Gas and Electric Company (PG&E) has been ordered to pay a $1.4 billion penalty in connection with a gas pipeline explosion in 2010, which caused a huge fire and killed eight people.
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ADM sells chocolate business to Cargill in $440 million deal

Food processing company Cargill is to acquire the global chocolate business of Archer Daniels Midland Company (ADM).
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Shale gas market to be worth $104.1 billion by 2020

A new report from Allied Market Research predicts that the global shale gas market will expand at a compound annual growth rate (CAGR) of 9.3 percent in 2014-2020.
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GSK recalls batches of Eye-Mo solution

London-listed pharmaceuticals giant GlaxoSmithKline (GSK) has launched a voluntary recall of several batches of its Eye-Mo Red Eyes Formula Ophthalmic Solution.
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Appalachian Resins to relocate planned $1 billion polyethylene plant to Ohio

Houston-based Appalachian Resins Inc has agreed to lease about 50 acres of land in the Salem Township of Ohio to build its planned $1 billion ethylene and polyethylene production facility.
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Norway's Statoil resumes operation at In Amenas gas plant after attack

Norwegian oil company Statoil is ready to resume normal operations at its In Amenas gas plant in Algeria, following last year's attack.
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Kraft recalls 8,000 cases of cheese singles

International food major Kraft Foods Group is voluntary recalling almost 8,000 cases of selected varieties of regular Kraft American Singles Pasteurized Prepared Cheese.
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