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Chemical

Rohm wants financial advisers to meet with Dow, not executives

February 9, 2009
Rohm and Haas has rejected a possible meeting with top Dow Chemical executives to talk about a way forward for their stalled merger, but instead suggested that the companies'' financial
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DuPont files lawsuit against Kolon Industries for theft of trade secrets

February 4, 2009
DuPont has filed a civil lawsuit in U.S. District Court in Richmond, Va., against Kolon Industries, a competitor of DuPont in aramid fiber, for theft of trade secrets and confidential
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Dow workers losing jobs in Louisiana, Michigan

February 2, 2009
As part of a previously announced layoff, Dow Chemical announced that they are cutting 270 Louisiana jobs and 400-500 jobs in Michigan, as part of its worldwide reduction, as
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Dow will not buy Rohm & Haas by deadline

January 26, 2009
Dow Chemical Co. announced it will not close on its $15.4 billion acquisition of specialty chemicals maker Rohm & Haas Co. by the deadline due to the economic malaise and
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Rohm & Haas cuts 900 jobs, takes $90 million in charges

January 20, 2009
Rohm & Haas announced that they will cut about 900 jobs, idle or close plants and record $90 million in pretax charges for the fourth quarter, according to the
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Dow Chemical prepared to delay Rohm & Haas deal

January 7, 2009
Dow Chemical Co. may miss next week''s deadline to clinch the $15 billion takeover of Rohm & Haas in an effort to raise enough cash to complete the deal without
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Bankruptcy an option for chemical giant LyondellBasell

January 5, 2009
LyondellBasell Industries, the world''s third-largest independent chemical company, said that it its considering bankruptcy protection as a broadening recession eats away at consumer demand, according to the Associated Press. The
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Kuwait cancels $17 billion deal with Dow Chemical

December 29, 2008
Reuters reports that Kuwait has decided to scrap a deal to form a $17.4 billion petrochemical joint venture with Dow Chemical. The cancellation of the deal, which had met opposition
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Biotech chief fined $10,000 over ethics

December 29, 2008
The Boston Globe reports that Massachusetts’ state Ethics Commission has imposed a $10,000 fine on a former top economic development aide to Governor Deval Patrick for secretly pursuing the presidency
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Dow Chemical to slash 5,000 jobs, close 20 plants

December 8, 2008
The Associated Press reports that Dow Chemical Co. will slash 5,000 full-time jobs close 20 plants and sell several businesses to rein in costs amid the economic recession. The company
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