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Chemical

Four Workers Killed in UK Refinery Explosion

Bloomberg reports, four workers were killed when a storage tank exploded and caused a fire at Chevron Corp (CVX)’s Pembroke plant in Wales, in the U.K.’s worst refinery disaster
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Dow Chemical to Build New Chemical Plants

The Associated Press reports, Dow Chemical Co. will increase its ethylene and propylene production to cash in on higher U.S. natural gas production from shale. The chemical company said it
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Dow Chemical Employee Dies After Fall in Michigan Plant

Dow Chemical Co. says an employee has died following a fall at one of its facilities in Midland, Mich., reports the Associated Press. The company says in a statement that
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Huntsman Plans to Expand in India

The Wall Street Journal reports, Huntsman Corp. plans to expand and acquire companies in India to keep up with customer demand. The company expects to double revenue from India in
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Dow Chemical CEO Pay $17.7 Million in 2010

The Associated Press reports, Dow Chemical Co.''s top executive received a 13 percent increase in compensation last year with a pay package valued at $17.7 million, according to calculations based
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Cephalon Wins Patent Suit Against Watson

Cephalon, Inc. announced that the United States District Court in Delaware has upheld the validity of Cephalon''s U.S. Patent Number 6,264,981 patent and found that Watson Pharmaceuticals, Inc.''s proposed generic version
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Bayer Drops Plan for Toxic MIC Production

Bayer CropScience is abandoning plans to resume production in West Virginia of a toxic chemical that killed thousands of people in Bhopal, India, in the world''s deadliest industrial disaster. Bayer
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Buffett Commits $9 Billion for Lubrizol

Warren Buffett’s company, Berkshire Hathaway Inc., is buying Lubrizol Corp., the Wickliffe, Ohio-based maker of engine lubricants for $9 billion, reports Bloomberg. Berkshire will pay $135 a share in cash,
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BASF to Acquire Global Styrene Catalysts Business

BASF announced that it has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Tex., reports IEWY News.
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China Shengda Packaging Group Inc. Announces Plan to Build Paper Manufacturing Plant

PRNewswire reports, China Shengda Packaging Group Inc., a leading Chinese paper packaging manufacturer, announced the company has signed a Letter of Intent to purchase the land use rights for a
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