Luke Kissam, Albemarle CEO, discusses the demand for lithium due to the growing need for batteries.
WATERFORD, N.Y.— Union officials representing hundreds of striking employees of an upstate New York chemical plant are expected to resume talks with the company in an effort to end the nine-week-old strike. The Saratogian newspaper reports the talks set to start Tuesday involving IUE-CWA Local 81359 and Momentive Performance Materials are scheduled to...
LONDON, Nov 28- Belgian specialty materials group Umicore has completed the sale of its zinc units to U.S. based private equity firm OpenGate Capital for $150 million. It was renamed EverZinc by OpenGate Capital. The U.S. private equity firm has recently bought Italian PVC films manufacturer Alfatherm and is looking to increase investment in the nano-zinc...
Nov 3- The U.S. Department of Health and Human Services said on Thursday it added seven new agents, including the HIV virus and an industrial solvent, to its list of carcinogens. The list identifies factors including chemicals, agents like viruses, X-rays and ultraviolet radiation, and divides them into two categories- known to be a human carcinogen and reasonably...
NEW YORK Oct 24- On Monday, Time Warner filed a disclosure at the Securities and Exchange Commission of its $85 billion merger agreement with AT&T. The SEC filing includes a provision notifying investors that Time Warner amended its bylaws over the weekend to direct all shareholder litigation to Delaware Chancery Court. The net effect of this recent precedent,...
PPG's shares fell 8.1 percent to a more than seven-month low of $93.91, wiping out more than $2.2 billion of market value, in morning trading on Friday. The company said it expected a loss of 74 cents- 77 cents per share from continuing operations for the three months ended September, compared with a profit of $1.52 per share a year earlier. PPG said in June it would...
**Cabela's Inc said it agreed to be bought by Bass Pro Shops in a deal valued at $5.5 billion that will combine the top two hunting and fishing retailers in the United States. **Cardtronics Plc, which describes itself as the world's biggest operator of non-bank ATMs, said on Monday it would buy independent Canadian ATM owner DirectCash Payments Inc in a deal valued at...
*Clinton vs Trump TV debate due later. LONDON, Sept 26- European stocks fell on Monday, weighed down by a pullback in the shares of major banking and energy companies. "Banks are still in bad shape," said Rupert Baker, a European equity sales executive at Mirabaud Securities.
German drug and chemicals giant Bayer has made an unsolicited takeover offer for Monsanto, the world's biggest seed company.
The oil market is reaching some stability after earlier volatility, the vice chairman of Saudi petrochemicals giant SABIC said.
Karim Hajjar, CFO of Solvay, says oil and gas prices have impacted profits after reporting a slower rate of growth.
Dow Chemical CEO Andrew Liveris said Friday the groundwork for a deal with DuPont had already been laid out.
Dow Chemical and DuPont are expected to announce a merger of equals by Thursday, sources told CNBC.
Dow reported a better-than-expected quarterly profit, helped by higher margins in five of its six units.
The U.S. refinery strike widened, with workers at the nation's largest refinery walking off the job, the United Steelworkers union said.
Activist investor Nelson Peltz stepped up his fight to break up the company, as his Trian Fund nominated himself and three other members to the board.
DuPont reported a 52 percent jump in profit as operating margins rose in five of its seven businesses.
Patrick Jany, CFO of Swiss specialty chemicals firm, Clariant, tells CNBC that the company had a good fourth quarter and are progressing on the operational side and their portfolio.
Chuck Bunch, CEO of PPG Industries, speaks about his company's future prospects.
CEO Charles Bunch told Cramer he expects a "solid economic picture" going forward.