Company is increasing manufacturing capacity for the chemical compound used to make specialty plastic products by 25 percent at its facility in Kingsport, Tenn.
As BP plugs its blown-out well, companies with a role in the crisis are seeing their fortunes improve, even as they wait to see how the legal and financial costs get sorted out.
Company pumped cement into its blown-out oil well in the Gulf of Mexico on Thursday, hoping to start sealing it for good.
U.S. Chemical Safety Board says a column used to distill zinc in a western Pennsylvania plant had failed before an explosion killed two workers on July 22.
Many former workers at Blockson Chemical still have not been paid from a fund created in 2000 to make amends for exposing workers to high levels of radiation without telling them.
Chemical company said increased demand and higher prices for chemicals used in products ranging from consumer electronics to adhesives drove it to a second-quarter profit.
Congressional investigators railed against BP and the Coast Guard for liberal use of toxic chemicals that helped disperse oil from the blown-out well, but at unknown expense to sea life.
The House has begun debate on a bill to boost safety standards for offshore drilling and remove a $75 million cap on economic liability for oil spills.
Plaintiffs and the U.S. Justice Department want the suits sent to New Orleans federal court, which is closest to the disaster and has the most pending cases.
Company officials say they are beginning to reinvent BP after it reported a record $17 billion quarter loss and is navigating the task of restoring the Gulf of Mexico.
Seen as an unlikely candidate just a few months ago, Bob Dudley is set to become the first American to lead the oil giant in its century long history.
Chemical maker DuPont said Tuesday its net income nearly tripled in the second quarter as revenue surged in most of its businesses and it raised prices.
CEO Tony Hayward will be replaced by American Robert Dudley on Oct. 1, BP said as it reported a record quarterly loss and set aside $32.2 billion to cover oil spill costs.
BP said 'no final decision' had been made to oust Hayward, but one of the most likely replacements would be Bob Dudley, who would be the first American to head BP.
After 40 BP-government teams catalog seemingly everything touched by the oil, BP will be given two options: Restore everything itself, or pay the government to do it.
A tropical depression racing toward the Gulf of Mexico increased pressure on BP and the government to decide whether to evacuate dozens of ships at the site of the ruptured oil well.
Scientists huddled Tuesday to analyze data from the ocean floor as they weigh whether a leaking well cap is a sign BP's broken oil well is buckling.
OSHA cited DuPont for exposing workers to hazardous chemicals and fined the company $43,000 following an investigation into a series of leaks at DuPont's Belle, W. Va., plant.
Regulators on Tuesday fined 13 chemical producers $227.52 million for fixing the price of animal feed phosphates, nutrients added to food for cattle, pigs, poultry, fish and pets.
Despite what at first seemed a setback, federal government declared the new leaks as insignificant and forged ahead with BP's plan for finally sealing the hole in the ocean floor.
Government allowed BP to keep cap shut tight on its busted Gulf oil well despite a seep in the sea floor, after the company promised to watch closely for signs of new leaks underground.
BP has been named in at least three lawsuits brought under the federal law known as RICO, which stands for Racketeering Influenced and Corrupt Organizations.
BP said its capped-off well appeared to be holding steady almost midway into a white-knuckle waiting period in which engineers watched the pressure gauges for signs of a leak.
Specialty chemical maker said it will form a 50-50 joint venture to produce foundry chemicals with Germany's Sud-Chemie AG.