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Chemical

SEC examining secret takeover moves by ex-Dow Chemical execs

May 28, 2007
According to the Associated Press, federal regulators are investigating whether two former top executives at Dow Chemical Co. secretly tried to make the company a takeover target and the unusual
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Court denies Hercules appeal of $119 million

April 30, 2007
The Supreme Court turned down a request by chemical producer Hercules Inc. to overturn a $119 million judgment against it by a lower federal court, according to the Associated Press.
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Dow fires two executives over acquisition talk

April 17, 2007
Only days after announcing that it''s not in talks involving a leveraged buyout, Dow Chemical Co. has shown the door to a senior adviser and a company officer, accusing them
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Possible $50 billion bid coming for Dow Chemical?

April 9, 2007
Reuters reports that a consortium of Middle Eastern investors and American buyout firms is preparing a $50 billion approach for Dow Chemical Co. in what could be the world''s biggest
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Eastman Chemical fined $98,000 by EPA

March 27, 2007
The Environmental Protection Agency has fined Eastman Chemical Co. $98,000 for failing to submit reports about releases of toxic chemicals at a Southern California plant, the Associated Press reports. Kingsport,
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Dow in joint venture talks with Reliance

March 19, 2007
According to Reuters, Dow Chemical Co. is in talks with India''s Reliance Industries Ltd. about a potential joint venture, the Wall Street Journal reported on its Web site on Sunday
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Third Frontier gives $1.5 million to PolymerOhio

March 7, 2007
The state awarded a $1.5 million grant to PolymerOhio Inc. to help attract polymer companies to Ohio, bizjournals.com reports. With about 2,800 polymer companies employing 140,000 in the state, PolymerOhio
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Dow Chemical to pay SEC $325,000

February 19, 2007
The Associated Press reports that Dow Chemical Co. will pay a $325,000 civil penalty to settle charges that a subsidiary made improper payments to Indian government officials who held sway
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Eastman Chemical to close site in Spain

February 6, 2007
Eastman Chemical Co. said it plans to permanently close a non-integrated synthetic fiber manufacturing site in San Roque, Spain, the Associated Press reports. The company said it expects to take
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Chemtura sells rubber units for $162.5 million

February 6, 2007
Chemicals maker Chemtura Corp. said it has agreed to sell its EPDM business, most of its rubber chemicals operations and Flexzone chemicals business to Lion Chemical Capital LLC for $162.5
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