Aramco and Dow Amend Sadara Agreement
Saudi Aramco and Dow have amended the shareholders agreement for their Sadara Chemical joint venture with the partners taking on direct responsibility for marketing their shares of the output.
Dow
CO2-Neutral Chemical Industry
The European Chemical Industry has set out on an ambitious path to become carbon neutral. Germany, as one of the major chemical manufacturing nations, has committed to achieve this goal by 2050.
Dow Plans China Specialties Hub
Dow has signed a Memorandum of Understanding (MoU) with the Zhanjiang Economic and Technological Development Zone Administrative Committee (Zhanjiang EDZ) to build the Dow South China Specialties Hub, a multi-year project providing customers local access to its products and technologies.
BASF again Named World’s Most Valuable Chemicals Brand
A coalescing of factors has led to arrested growth across the chemicals sector this year, with the brand value of the top 25 most valuable chemicals brands contracting by 8% on average, according to the latest report by Brand Finance, an independent brand valuation consultancy.
Dow Sketches Rationalization Plans
Following up earlier announcements with few detailed disclosures, Dow has now sketched out moves it plans to take to deliver on its envisioned structural cost improvement targets. The US chemical producer, which emerged from the behemoth DowDuPont somewhat trimmed down from its pre-merger status, said the aim is to” further enhance its long-term competitiveness as the global economy recovers from the coronavirus pandemic.”
Dow Sells US Gulf Coast Terminals
Dow is selling its three industrial terminals on the US Gulf Coast to a new 50:50 joint venture of Royal Vopak and BlackRock’s Global Energy & Power Infrastructure Fund for $620 million. The terminals, with a total combined capacity of 825,000 cubic meters, are at Freeport, Texas and St. Charles and Plaquemine in Louisiana.
Dow Plans to Cut Workforce by 6%
US chemicals and plastics producer Dow plans to cut its workforce by 6% in response to the coronavirus crisis, CEO Jim Fitterling said on July 23 while presenting financial results for Q2 2020. The plans, he said, reflect management’s expectations of an uneven recovery from the ongoing pandemic.
Circular Economy
The chemical industry is on the threshold of a new era – the age of circularity. We asked industry experts to share their opinions on this transformational topic.
Agrochemical and Custom Manufacturing Industry: Connected Fates
The fate of the agrochemical innovation, development, product launch and production are strongly linked to the parallel development of the fine chemicals and custom manufacturing industry.
Dechema e.V.
Merck & Co
Managm. Consult. Chemicals
Henkel AG & Co. KGaA
Brand Finance
Clariant International Ltd
Ineos
Ceresana Research Technologiezentrum
Arkema
The Dow Chemical Company
DCAT - Drug, Chemical & Associated Technologies Association
Styron Europe GmbH
Dow Chemical Company
CHEM Research GmbH
Frost & Sullivan
KPMG AG Wirtschaftsprüfungsges.
AkzoNobel
Arthur D. Little
World Economic Forum
Squire Patton Boggs
Arbeitgeberverband Nordostchemie e.V.
Haltermann Ltd.
Sabic Europe
Maschinenfabrik Möllers
Dow Benelux B.V.
Management Consulting – Chemicals Ltd. (MC Chemicals)
Dow Polyurethane Systems
LyondellBasell