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Latest News: Chemical Value Chain

June 30, 2020
Chemical Value Chain

Dow says it expects a $350-million headwind to second-quarter EBITDA, mostly due to a slower-than-expected demand recovery in the automotive and consumer durables end markets. The demand decline will particularly […]

June 30, 2020
Chemical Value Chain

BP has agreed to sell its petrochemicals business to Ineos for $5 billion, encompassing the whole of BP’s worldwide aromatics, acetyls, and related businesses. Ineos says it will pay $4 […]

June 25, 2020
Chemical Value Chain

Tens of thousands of jobs are disappearing across the oil and gas industry as the slump in demand caused by the pandemic continues to bite. BP is cutting 10,000 jobs worldwide. The […]

June 23, 2020
Chemical Value Chain

The Aramco-Sabic transaction is a “significant leap forward” for Saudi Aramco’s downstream strategy, Aramco president and chief executive, Amin Nasser said. Reuters Saudi Aramco, the world’s largest oil-exporting company, completed the acquisition […]

June 23, 2020
Chemical Value Chain

BASF, at today’s virtual annual shareholders’ meeting, said it is alert to a possible risk of an unsolicited takeover approach or an attack from activist investors and was ready to […]

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