NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 37 or. 7 percent, to $53.04. DuPont Co. rose$. 52 or. 8 percent, to $65.30.» Read More
July 23- Dow Chemical Co reported a better-than-expected quarterly profit as sales rose and margins improved due to higher prices and a tight control on costs.
July 23- Dow Chemical Co reported a better-than-expected quarterly profit as sales rose across its businesses and margins improved due to higher prices and a tight control on costs.
July 23- Dow Chemical Co said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a petrochemical venture in 2008..
July 22- Chemicals maker DuPont forecast lower-than-expected operating earnings for the current quarter and warned of a loss in its agriculture unit as weak farm sales constrain both profit and revenue. DuPont has made a big push into agriculture, energy and specialty materials to insulate itself from more volatile businesses.
July 22- Chemicals maker DuPont forecast weaker-than-expected operating earnings for the current quarter after weak agriculture sales constrained both profit and revenue. DuPont forecast operating earnings of $1.25- $1.35 per share for the second half of the year, and said it expected to realize 40 percent of those earnings in the third quarter.
July 22- Chemicals maker DuPont's quarterly profit inched up 4 percent and raised its quarterly dividend for the third time in the last 27 months. Net income attributable to DuPont rose to $1.07 billion, or $1.15 per share, in the second quarter ended June 30, from $1.03 billion, or $1.11 per share, a year earlier.
SAO PAULO, July 18- Brazil's government approved the use of pesticides with the active ingredient cyantraniliprole to fight the coffee borer beetle, a note published in the country's Official Gazette said on Friday.
CNBC's David Faber outlines a coming $6.2 billion acquisition in the specialty chemicals industry. Jim Cramer says this company will be a "must own" for many portfolio managers.
*Albermale to pay $50.65 in cash and 0.4803 in stock. July 15- Chemicals maker Albemarle Corp said it would buy rival Rockwood Holdings Inc for $6.2 billion to tap the fast-growing demand for lithium products used in mobile phone and automobile batteries. Rockwood shareholders will get $50.65 in cash and 0.4803 Albemarle shares for each share they own.
July 15- Chemicals maker Albemarle Corp said it would buy rival Rockwood Holdings Inc for $6.2 billion to bulk up its lucrative specialty chemical offerings. Rockwood shareholders will get $50.65 in cash and 0.4803 Albemarle shares for each share they own. Albemarle's shares closed at $72.62 on the New York Stock Exchange on Monday.
July 15- Specialty chemical company Albemarle Corp said it would buy rival Rockwood Holdings Inc in a cash-and-stock deal valued at about $6.2 billion. Rockwood shareholders will get $50.65 in cash and 0.4803 Albemarle shares for each share they own. The offer translates to $85.53 per share, a 13 percent premium to Rockwood's Monday closing price.
July 8- California regulators violated the law by approving expanded use of pesticides that have been shown to hurt honeybees needed for pollinating key American crops, according to a lawsuit filed against the state by environmental groups on Tuesday.
*Shipping sector under pressure to use fuels with lower emissions. SINGAPORE, July 7- Methanol, a fuel used to power light aircraft and racing cars, is being tried out as alternative for ships, highlighting its potential in an industry under pressure to cut emissions.
BEIJING, July 3- Chinese petrochemical imports have become the latest commodity financing tool to come under investigation for possible fraud, highlighting the risks from the widespread use of raw materials as collateral to raise loans and skirt credit restrictions.
*Solvay boosts European chemicals sector. LONDON, June 30- European equities steadied on Monday, as gains in chemicals companies led by the Belgian group Solvay were offset by weaker travel stocks after a ratings downgrade caused easyJet shares to slump. European chemicals shares rose 0.6 percent, boosted by Solvay.
*Deal comes after Sherwin-Williams's failed deal for Comex. June 30- Paints maker Consorcio Comex SA de CV agreed to be acquired by chemicals maker PPG Industries Inc for $2.3 billion, after the Mexican company's deal with U.S. rival Sherwin-Williams Co fell through earlier this year.
June 30- Coatings maker PPG Industries Inc said it would buy Mexico- based Consorcio Comex SA de CV, an architectural and industrial coatings company, for $2.3 billion.
June 27- Univar Inc, the largest chemical distributor in North America, filed with U.S. regulators on Friday for an initial public offering of up to $100 million.
June 26- Chemicals maker DuPont cut its operating profit forecast for the second quarter and the full year, saying sales in its agriculture and performance chemicals units increased at a slower pace than it had expected. DuPont has been focusing on its agriculture business, its biggest, for the past few quarters.
June 25- Home Depot and other U.S. companies are working to eliminate or limit use of a type of pesticide suspected of helping cause dramatic declines in honeybee populations needed to pollinate key American crops, officials said on Wednesday.