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75% of CFOs Embrace Double Digit Spending Increases
CFOs want to spend more, but access to capital is the challenge, per the CFO Alliance sentiment report.
By
Adam Zaki
| January 26, 2023
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chemicals
M&A
Aramco Makes India Move With Reliance Stake
The world's biggest oil producer has agreed to buy 20% of Reliance Industries' chemicals and refining business in a deal valued at $15 billion.
By
Matthew Heller
| August 12, 2019
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Financial Performance
Exxon Shares Drop 3.7% on Another Profit Miss
In the first quarter, the benefits of higher oil prices were offset by weakness in Exxon's chemicals and refining businesses.
By
Matthew Heller
| April 27, 2018
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Risk & Compliance
Exxon Settles Air Pollution Case for $303M
The settlement requires Exxon to spend $300 million on plant upgrades but activists call the $2.5 million fine "a slap on the wrist."
By
Matthew Heller
| October 31, 2017
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M&A
Activists Derail $20B Clariant, Huntsman Deal
The demise of the merger is a "high water mark for U.S. activist investors, which have increasingly turned their attention to European companies."
By
Matthew Heller
| October 27, 2017
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Strategy
BASF to Buy Bayer Seed Businesses for $6.9B
The deal may help clear the way for European authorities to approve Bayer's acquisition of Monsanto early next year.
By
Matthew Heller
| October 13, 2017
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Strategy
Huntsman, Clariant To Create Chemicals Giant
“This is the perfect deal at the right time,” Clariant CEO Hariolf Kottman says of the merger of equals.
By
Matthew Heller
| May 23, 2017
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Strategy
Evonik to Buy Air Products Unit for $3.8B
The German company's largest-ever deal gives it access to high-margin chemicals used in sun lotion and paint.
By
Katie Kuehner-Hebert
| May 6, 2016
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