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Daily news and top headlines for manufacturing professionals

Celanese Sees Cost Savings Double

May 11, 2009 11:09 am | News | Comments

Company aligning manufacturing to meet future demand, producing cost savings of $250 million by 2010, well beyond its prior estimates for $100 million to $120 million.

DuPont To Cut 2,000 Jobs

May 7, 2009 8:21 am | News | Comments

Chemical company will lay off another 2,000 workers, saying it will realize about $225 million in annual savings by the end of 2010 in the cost-cutting move.

U.S. Supports Reducing HFCs

May 5, 2009 5:20 am | by John Heilprin, Associated Press Writer | News | Comments

Government called hydrofluorocarbons widely used in refrigerators and air conditioners a ‘significant’ threat to climate change, but stopped short of endorsing a full ban on the gases.

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Connecticut Close To Ban On BPA

April 30, 2009 8:15 am | News | Comments

Bill banning sale, manufacture or distribution of plastic containers made with Bisphenol-A has passed the Connecticut House and now moves to the Senate.

BASF To Cut 2,000 Jobs As Sales Fall

April 30, 2009 5:45 am | by George Frey, AP Business Writer | News | Comments

German chemical company reported first-quarter net profit fell 68 percent as sales sank and said it would cut at least 2,000 jobs this year.

Celanese Selling Unit To Japan Chemical Company

April 27, 2009 5:15 am | News | Comments

Chemicals maker has entered an agreement to sell its polyvinyl alcohol business to Japan-based Sekisui Chemical Co. for about $173 million.

Panel Finds Safety Lapses Led To Bayer Explosion

April 23, 2009 9:07 am | by Tom Breen, Associated Press Writer | News | Comments

U.S. Chemical Safety Board says a fatal explosion at a West Virginia chemical plant last August occurred because safety lapses resulted in a runaway chemical reaction.

Committee: Bayer Withheld Info After Deadly Explosion

April 21, 2009 9:23 am | by Frederic J. Frommer, Associated Press Writer | News | Comments

Congressional committee said Bayer CropScience withheld information from emergency responders after a deadly explosion at a West Virginia chemical plant last summer.

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Connecticut May Ban BPA In Bottles, Containers

April 14, 2009 10:40 am | by Stephanie Reitz, Associated Press Writer | News | Comments

If approved, a new law would restrict making, selling or distributing products in Connecticut made with bisphenol-A, or BPA.

Gasoline Prices Likely To Remain Low This Summer

April 13, 2009 10:51 pm | by H. Josef Hebert, Associated Press Writer | News | Comments

Federal government on Tuesday projected regular-grade gasoline to average $2.23 a gallon during the April through September driving season.

OSHA Proposes Fine For Chemical Leak

April 13, 2009 10:34 am | News | Comments

Federal officials want to fine a western Pennsylvania chemical company $121,500 for a toxic leak that forced 2,500 residents to evacuate in October.

Missouri Chemical Plant Blast Injures Worker

April 13, 2009 7:55 am | News | Comments

An explosion at the SantoLubes chemical plant in St. Charles, Mo., has left one worker burned and the plant badly damaged.

Oil Drops Below $50 On IEA Forecast

April 13, 2009 7:52 am | by Dirk Lammers, AP Energy Writer | News | Comments

After the International Energy Agency said it expects global crude demand to drop this year, oil prices fell $3.24 to $49 a barrel Monday.

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IEA: Oil Demand Continues To Fall In 2009

April 10, 2009 5:05 am | News | Comments

Agency lowered its estimate for global oil demand in 2009 based on an 'unusually severe recession' in rich countries, and falling demand in developing countries.

Merck To Cut Back On Pigment Production

April 3, 2009 5:00 am | News | Comments

German pharmaceutical and chemical company to curb pigment production in Germany, the U.S., Japan and China, and cut hours for about 500 domestic workers.

Dow Chemical Sells Morton Salt

April 2, 2009 5:10 am | News | Comments

Having completed its $16.5 billion buyout of Rohm & Haas, Dow said it will sell Morton Salt to a German fertilizer maker in a deal worth $1.675 billion.

Dow Closes $16.5 Billion Rohm & Haas Buyout

April 1, 2009 11:20 am | News | Comments

Deal will allow Dow to expand in the high-margin specialty chemicals market and move away from the commodities chemical market.

India's Exports Fall 21 Percent

April 1, 2009 5:06 am | by Erika Kinetz, AP Business Writer | News | Comments

Exports plunged 21.7 percent to $11.9 billion in February, the steepest annual fall in at least 16 years, while imports shrank 23.3 percent to $16.8 billion.

Euro Zone Inflation Falls To Record Low In March

March 31, 2009 4:59 am | by Aoife White, AP Business Writer | News | Comments

Inflation in the 16 nations that use the euro hit a record low, growing just 0.6 percent from a year ago as oil prices slumped, the EU statistics agency said.

China Punishes 13 Officials For Contaminating River

March 30, 2009 5:00 am | News | Comments

One official received jail time and 12 others were either sacked or given administrative punishments after a chemical company heavily polluted a river with arsenic.

BASF To Cut Output Further

March 25, 2009 6:05 am | by George Frey, AP Business Writer | News | Comments

German chemical company said that because order levels remain weak it will further reduce production, which so far has been slashed by over 25 percent.

EPA Says Some Toxic Chemicals Increased In 2007

March 19, 2009 10:55 am | by Dina Cappiello, Associated Press Writer | News | Comments

Despite a 5 percent overall decline, the Environmental Protection Agency says more mercury, dioxin and polychlorinated biphenyls entered the environment.

Chemtura Files For Bankruptcy Protection

March 19, 2009 5:35 am | News | Comments

Specialty chemicals and its U.S. operations have filed voluntary petitions for Chapter 11 after a recent drop in order volumes led to a sharp decline in its liquidity and cash flow.

OPEC Scolds U.S. For Global Economic Mess

March 16, 2009 5:20 am | by George Jahn, Associated Press Writer | News | Comments

Outspoken comments came a day after oil ministers of OPEC’s 12-nation crude producers' club decided to maintain current production levels.

OPEC Weighs Cutbacks Vs Hurting World Economy

March 13, 2009 7:45 am | by George Jahn, Associated Press Writer | News | Comments

Substantial output cut could cause prices to spike and increase OPEC revenues, but it could also prolong economic woes in the U.S. and other major oil consumers.

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