Henkel UK Limited has announced plans to close its Newark site with the potential loss of up to 35 jobs. The company has undertaken a strategic review of some of

Ashland Inc., Covington, KY, has announced the completion of its acquisition of Hercules Inc., Wilmington, DE. Each share of Hercules common stock outstanding was exchanged for $18.60 in cash and

Bayer MaterialScience has lifted force majeure for most of the products manufactured at its facility in Baytown, TX. Effective Nov. 14, there are no longer any restrictions on the company’s

Wacker Chemie AG, Munich, Germany, and its North American headquarters, Wacker Chemical Corporation, Adrian, MI, have released details about the construction of a new 67,000 sq. ft. WACKER POLYMERS AMERICA

On November 4, Solvay Chemicals Inc. announced the suspension of its August sulfur surcharge on sulfite products. “With the recent drop in sulfur prices for fourth quarter 2008, the cost

Global specialty chemicals supplier Cognis and Fashion Chemicals GmbH & Co. KG (“Fashion Chemicals”) have announced the completion of the sale of Pulcra Chemicals. The sale is in line with

According to a new www.CNNMoney.com article, a GM acquisition of Chrysler could cost 25,000 to 35,000 jobs at the automakers. For the full article, visit money.cnn.com/2008/10/29/news/companies/chrysler_impact.ap/index.htm?postversion=2008102912.

The following is an official U.S. Federal Reserve statement issued on Oct. 29, 2008. The Federal Open Market Committee decided today to lower its target for the federal funds rate

Hexion Specialty Chemicals Inc. has announced that it received correspondence from counsel to affiliates of Credit Suisse and Deutsche Bank on the evening of Oct. 27 stating that the banks