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Chemical

Eastman to Acquire Sterling Chemicals

Eastman Chemical Company has entered into a definitive merger agreement to acquire Sterling Chemicals, Inc., a single site North American petrochemical producer, for $100 million in cash, subject to modest
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OSHA Cites Cooper Tire & Rubber, Two Contractors

The federal government has cited Cooper Tire & Rubber Co. and two contractors with 25 safety violations at the company''s Tupelo, Miss. plant, according to the Associated Press. The U.S.
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Dow Chemical to Invest Billions in China

Bloomberg reports that Dow Chemical will invest billions of dollars in a coal chemical project in the northern Chinese province of Shaanxi, according to the National Business Daily. The project,
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Chemical Company Reaches $20 Million Settlement Over Toxic Waste Dumping

The Associated Press reports, a former New Jersey chemical company has reached a $20 million settlement with residents who claimed the dumping of toxic waste hurt the value of their
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Merck in Deal to Study Generic Version of Enbrel

Merck & Co. will team up with a South Korean company to study and sell a generic version of the rheumatoid arthritis and psoriasis drug Enbrel, the company said, reports
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ExxonMobil to Consolidate Houston Offices at New Campus

Business Wire reports that ExxonMobil has developed a new office campus in north Houston for employees currently working in a variety of locations in the Houston area. The complex will
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Dow, Aksa of Turkey in Talks to Form Carbon Fiber Joint Venture

Bloomberg reports that Dow Chemical Co., the largest U.S. chemicals manufacturer, and Aksa Akrilik Kimya Sanayii AS, a Turkish maker of synthetic acrylic fibers, are in talks to form a
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New Kink-Resistant Hose for Highly Aggressive Chemical Applications

Chemfluro® Convoflex™ WCSR Multipurpose Chemical Transfer Hose is designed to solve the issue in bulk chemical transfer process where corrosive chemicals such as acids may damage the stainless steel braid
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Pump Failure in Dow''s Freeport, Texas Plant

Zacks Equity Research reports that Dow Chemical suffered a pump failure in a light hydrocarbon plant in Freeport, Texas. However, the incident did not affect the downstream business and no
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Lyondell Chemical Plant Failure Resulted in Temporary Evacuation

According to Bloomberg, a disruption at a LyondellBasell Industries NV chemical plant in Illinois caused the temporary evacuation of about 100 residents. An ethylene storage tank overloaded after the outage
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