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Chemicals

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  • NEW YORK, Aug 27- Dow Chemical Co has kicked off processes to sell two of its specialty chemicals subsidiaries that could fetch close to $2 billion combined, according to people familiar with the matter, part of its effort to divest several billion dollars worth of non-core assets by 2015..

  • Aug 25- A group of global biotech crop companies won a court victory on Monday that blocks enactment of a law passed last year limiting the planting of biotech crops and use of pesticides on the Hawaiian island of Kauai.

  • SHANGHAI, Aug 25- The entanglement of H.J. Heinz Co. in China's latest food scare highlights a key concern for international and local firms- how to keep track of ingredients from diverse sources in a country where food supply tracing technologies are far from the norm.

  • SINGAPORE, Aug 22- Asia petrochemicals firms are building tanks and retooling plants to store and process liquefied petroleum gas imported from the United States, counting on a flood of supply from the shale boom to replace costlier naphtha as a raw material.

  • UPDATE 1-Carlyle-backed Axalta Coating files for IPO Wednesday, 20 Aug 2014 | 6:07 PM ET

    Aug 20- Axalta Coating Systems Ltd, a paint coatings company backed by buyout firm Carlyle Group LP, filed with U.S. regulators on Wednesday for an initial public offering of common stock. The company listed Citigroup, Goldman Sachs, Deutsche Bank and JP Morgan among the underwriters for the IPO.

  • Carlyle-backed Axalta Coating Systems files for IPO Wednesday, 20 Aug 2014 | 5:19 PM ET

    Aug 20- Buyout firm Carlyle Group LP backed performance coatings company Axalta Coating Systems Ltd filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock. The company listed Citigroup, Goldman Sachs, Deutsche Bank and JP Morgan among the underwriters for the IPO.

  • FACTBOX-Tyre rubber from dandelions Wednesday, 20 Aug 2014 | 3:30 AM ET

    Aug 20- Tyre makers such as Bridgestone Corp and Continental AG are spending millions of dollars on the development of new rubber-yielding crops such as dandelions to reduce their reliance on rubber-tree plantations in Southeast Asia. Here are key facts about the rubber trade and the research into new sources of natural rubber.

  • FACTBOX-Tire rubber from dandelions Wednesday, 20 Aug 2014 | 3:30 AM ET

    Aug 20- Tire makers such as Bridgestone Corp and Continental AG are spending millions of dollars on the development of new rubber-yielding crops such as dandelions to reduce their reliance on rubber-tree plantations in Southeast Asia. Here are key facts about the rubber trade and the research into new sources of natural rubber.

  • FRANKFURT, Aug 10- Investors will gauge the strength of the euro zone's fragile economy this week as escalating conflicts in Ukraine and Iraq darken the mood globally. The growing sanctions fight between Russia and the West over Moscow's backing of rebels in Ukraine and U.S. air strikes to block Islamist militants in Iraq are also upsetting the markets.

  • The senate approved a series of laws this week aimed at attracting companies such as Royal Dutch Shell Plc and Exxon Mobil Corp, and help stem declining crude production in Latin America's No. 2 economy.

  • Aug 6- U.S. regulators on Tuesday said they are leaning toward approval of a new line of herbicide-tolerant crops developed by Monsanto Co even though they could increase problematic weed resistance for farmers. St. Louis- based Monsanto, said the APHIS move was "a noteworthy sign of progress."

  • The truck maker that's better at R&D than Google Wednesday, 6 Aug 2014 | 6:00 AM ET
    Oshkosh Corporation chief engineer for Unmanned Systems, demonstrates a remote steering device for the TerraMax autonomous vehicle on a test course outside of Pittsburgh, Pennsylvania.

    Investors seeking steady gains on innovation should look past tech buzz. When R&D productivity is measured, 'boring' stocks often lead.

  • *CVR Refining said on Thursday that its 115,000- barrel-per-day Coffeyville, Kansas, refinery, which is a major consumer of West Texas Intermediate crude, could be down four weeks after a July 29 fire in the facility's isomerization unit.

  • *OPEC oil output rises in July from June- Reuters survey. NEW YORK, July 31- U.S. crude oil tumbled to a more than four-month low under $100 a barrel on Thursday on news of a potentially lengthy shutdown at a key oil refinery in Kansas, while Brent also slipped amid signs of robust OPEC oil production.

  • NEW YORK, July 31- U.S. crude oil futures plunged by nearly $2 and Brent crude oil futures fell by more than $1 per barrel on news that the 115,000- barrel-per-day Coffeyville, Kansas, refinery could be down for four weeks following a July 29 fire.

  • Expect more M&A activity from Solvay: CEO     Thursday, 31 Jul 2014 | 11:35 AM ET

    Jean-Pierre Camadieu, chairman & CEO of Solvay, describes Brazil as the "weak point" for the company and says more M&A activity is on the way.

  • July 29- Chemical maker Huntsman Corp's quarterly profit more than doubled, driven by higher prices and increased demand for chemicals used in foam insulation and refrigeration. Huntsman, which bought Rockwood Holdings Inc's pigments business for $1.1 billion, said it expects to secure final approval for the deal by the end of the current quarter.

  • July 29- CVR Refining's 115,000- barrel-per-day refinery in Coffeyville, Kansas, was shut on Tuesday after a fire broke out at a unit that upgrades gasoline, injuring four employees.

  • July 29- Four employees were hurt in a fire at CVR Refining's 115,000- barrel-per-day refinery in Coffeyville, Kansas, after a fire broke out at an isomerization unit early on Tuesday, the company said in a statement.

  • BERLIN/ FRANKFURT, July 29- The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade.