Tag: Dow Chemical

Saudi Aramco a “force to be reckoned with” in chemical industry

Seven years after the state-owned oil company of the world’s leading crude producing country began its march into petrochemicals, Saudi Aramco now stands to become a key player in global chemicals production, according to a new study by Houston-based energy analysts IHS.  More »

Enterprise to build ethane export facility near Texas coast

Enterprise Products Partners is planning to build an ethane export facility along the Gulf Coast, capable of loading 240,000 barrels per day of liquefied gas onto tankers headed for international buyers.  More »

Dow says US shouldn’t bail out Europe with natural gas

HOUSTON — European leaders visited Washington this week, urging U.S. lawmakers to allow more natural gas exports overseas, arguing the maneuver would reduce their dependency on Russia as an energy provider. But the largest American chemical company had a simple response: tough luck.  More »

Hedge fund calls for Dow Chemical spin off

Hedge fund Third Point LLC said Tuesday that it has acquired a significant stake in Dow Chemical and wants the company to spin off its petrochemicals division.  More »

Dow Chemical looking to spin off, sell 40 plants

Dow Chemical is looking to spin off or sell about 40 manufacturing plants from its business as it continues to move away from cyclical commodity products.  More »

Dow Chemical earnings miss estimates after epoxy drop

CEO Andrew Liveris is expanding production of commodity chemicals and plastics with new factories in Saudi Arabia and the U.S. as he considers selling slower-growing units such as chlorine derivatives and epoxy.  More »

LNG export critics call on Energy Dept. for time out

With the Obama administration on Wednesday approving a fourth company’s plans to sell natural gas overseas, some lawmakers and manufacturers said it’s time for the federal government to reassess the economic risks of those export approvals.  More »

Industrial growth will add pressure to Texas power grid, analysts say

Industrial expansion on the Gulf Coast and Texas shale plays will continue to push up electricity demand on the grid, according to a report issued Monday.  More »

Feds approve third project to export US natural gas

The Obama administration licensed a third company to broadly sell U.S. natural gas overseas on Wednesday, renewing fears that widespread exports of America’s bounty could spike domestic prices for the fossil fuel.  More »

Dow Chemical earnings top estimates after gains at plastics unit

Dow Chemical Co., the largest U.S. chemical maker by revenue, posted second-quarter earnings that beat analysts’ estimates after improved transportation and packaging demand helped its plastics unit.  More »

Asia’s largest solar-thermal power plant launches (photos)

Godawari Power & Ispat Ltd. has started Asia’s biggest solar-thermal plant, but analysts say its too soon to declare the project a success.  More »

Plans to export US natural gas stir debate

A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking.  More »
Page 1 of 3123