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Daily news and top headlines for manufacturing professionals

China Chemical Plant Leak Sickens 500

August 3, 2009 6:00 am | News | Comments

More than 500 villagers in central China have been found to have high concentrations of cadmium, a metal used to make batteries, in their bodies after a series of leaks from a chemical plant.

Oil Prices Jump Above $71 On Recovery Hopes

August 3, 2009 5:44 am | by Pan Pylas, AP Business Writer | News | Comments

Crude prices leapt above $71 a barrel Monday on mounting investor hopes that a recovering global economy will boost crude demand.

Union Carbide: CEO Not To Blame For India Gas Leak

August 3, 2009 5:40 am | by The Associated Press | News | Comments

Chemical company defended former chief executive now wanted for arrest in India, saying managers couldn't have foreseen gas leak at its Bhopal plant that killed 10,000 25 years ago.

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DuPont Plant Delayed Reporting Leak

July 29, 2009 5:30 am | News | Comments

Government and company officials say managers at DuPont's Belle chemical plant waited two days to report a toxic material leak to authorities.

Louisiana Chemicals Industry To Cut More Jobs

July 28, 2009 5:30 am | News | Comments

Industry trade group says Louisiana’s chemical industry stands to lose 700 to 1,200 jobs by the end of 2010, continuing a 10-year trend of reduced employment.

EU Fines Chemical Cartel For Price Fixing

July 22, 2009 5:28 am | News | Comments

European Union regulators on Wednesday fined seven chemical companies $86.6 million for fixing the price of calcium carbide, a chemical used to make steel.

California: BPA Warnings Unnecessary

July 16, 2009 5:21 am | by Jason Dearen, Associated Press Writer | News | Comments

Regulatory board voted against placing chemical used to manufacture plastic baby bottles and toys on California's list of chemicals believed to cause reproductive harm.

Exxon Makes $600 Million Investment In Biofuels

July 14, 2009 5:06 am | by John Porretto, AP Energy Writer | News | Comments

Despite record-breaking profits, oil and gas giant has been criticized by Congress and shareholders for not spending enough to explore alternative energy options.

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IEA Expects Strong Rebound In Oil Demand

July 10, 2009 5:17 am | News | Comments

Demand will rebound 1.7 percent next year as recovery in developing countries helps counter two-year drop sparked by global recession, International Energy Agency said.

OPEC: Recession Crimps Demand For Oil

July 8, 2009 6:25 am | by George Jahn, Associated Press Writer | News | Comments

Demand for crude has fallen so sharply because of the world recession that it will take another four years to recover to 2008 levels, the 12-nation oil producers' organization predicted.

BASF Could Close Or Sell Off Ciba Sites

July 6, 2009 8:29 am | by George Frey, AP Business Writer | News | Comments

World's largest chemical company looking at selling or shuttering half of newly-acquired Ciba production sites and offices in a plan that would cost 3,700 jobs.

Dow Chemical Closing 3 Plants In Louisiana

July 1, 2009 11:10 am | by Ernest Scheyder, AP Energy Writer | News | Comments

Chemical maker will close three Louisiana plants as the company shifts away from basic chemicals and more toward the lucrative business of specialty chemicals.

IEA Sees Oil Demand Rising Through 2014

June 29, 2009 4:57 am | by Greg Keller, AP Business Writer | News | Comments

World oil demand likely to grow by an average of 0.6 percent annually over the 2008-2014 period, International Energy Agency forecast Monday.

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Ex-DuPont Workers In Argentina File Lawsuit

June 25, 2009 5:10 am | by Randall Chase, AP Business Writer | News | Comments

Three men who worked at a DuPont plant in Argentina sued the chemical manufacturer, claiming it failed to protect them from asbestos that left them seriously ill.

Huntsman Gets $1.7 Billion Bank Settlement

June 24, 2009 5:19 am | by John Porretto, AP Energy Writer | News | Comments

Chemical maker said two investment banks will pay a $1.7 billion settlement over its accusation they schemed to scuttle a $6.5 billion buyout of Huntsman last year.

German BASF Plant Leaks Chemical Into River

June 22, 2009 5:15 am | News | Comments

Chemical company says a breakdown at its headquarters in western Germany sent 10 tons of an industrial chemical spewing into the River Rhine.

Report: U.S. Natural Gas Reserves Jump 35 Percent

June 18, 2009 10:20 am | by Mark Williams, AP Energy Writer | News | Comments

Country’s estimated natural gas reserves are 35 percent higher than just two years ago and have reached the highest level in 44 years.

EPA Sets Timeline For Dow Dioxin Cleanup

June 18, 2009 10:15 am | by John Flesher, AP Environmental Writer | News | Comments

Federal government hopes a long-delayed cleanup of dioxin contamination near a Dow Chemical Co. plant in Michigan will begin this fall.

Celanese Increases Prices On 4 Chemical Products

June 15, 2009 6:15 am | News | Comments

Chemical maker will raise the list and off-list selling prices for several of its products starting July 1.

Huntsman Wins Dye Patent Case

June 12, 2009 10:27 am | News | Comments

Court in India has ordered Kiri Dyes & Chemicals Ltd. to stop selling a black dye until it can determine whether the product infringes on a Huntsman patent.

IEA: Slump In Oil Demand Moderating

June 11, 2009 5:01 am | News | Comments

International Energy Agency says slump in global oil demand in 2009 will be slightly less severe than previously expected, its first upward revision to estimates in 10 months.

Crude Prices Spike Above $70

June 5, 2009 10:09 am | by Chris Kahn, AP Energy Writer | News | Comments

Oil prices spiked briefly above $70 per barrel on Friday for first time since October after U.S. Labor Department report showed pace of layoffs eased in May.

FDA Reconsidering Decision On Safety Of BPA

June 3, 2009 5:25 am | by Matthew Perrone, AP Business Writer | News | Comments

Food and Drug Administration is reviewing its conclusion from last year that a much-debated chemical used in baby bottles and food containers is safe for infants.

Dow Chemical Creates New Coating Unit

May 29, 2009 11:35 am | News | Comments

Company said it formed Dow Coating Materials, a new business unit focused on the coatings market, following its $16.5 billion buyout of Rohm & Haas Co. in April.

Crude Prices Hit 6-Month High, Back Above $66

May 29, 2009 6:05 am | by Carlo Piovano, Associated Press Writer | News | Comments

Oil extended gains above $66 a barrel Friday to reach fresh six-month high after U.S. reported a fall in oil inventories and further signs of economic improvement.

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