Dow Corning reported increased sales and a solid income in first quarter 2011, with an adjusted net income of $175 million and quarterly sales of $1.58 billion. The company said its Q1 profits were softened by sharply rising materials and energy costs. Dow Corning also reported continuing growth for silicones in emerging economies throughout Asia, Latin America and Eastern Europe.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
