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Clarence Fanto: In light of Sabic's departure , leaders must attract new business
2015-10-11 04:58:53| Chemicals - Topix.net
PITTSFIELD >> Yet another severe blow to the Berkshire economy - that's the only way to describe confirmation on Thursday of what many employees of Saudi Basic Industries Corp. have been talking about for many weeks. The announcement that Sabic Innovative Plastics, majority-owned by the Saudi government, is leaving Pittsfield as part of its 10-year global strategy came as a shock, even though speculation has been swirling about the plan to relocate the North American headquarters to its company-owned facilities in Houston.
Tags: new
business
light
leaders
DuPont CEO departure buys time to appease Peltz
2015-10-07 03:05:27| Chemicals - Topix.net
The departure of DuPont's chairwoman and chief executive Ellen Kullman has bought the U.S. chemical manufacturer a few months' grace to boost its stock price and appease activist investor Nelson Peltz. Before Kullman's surprise retirement announcement, the billionaire fund manager was considering launching a second attempt to get representation on DuPont's board, people familiar with his thinking said on Tuesday.
DuPont reduces outlook and announces departure of CEO, shares rally
2015-10-06 00:29:44| Chemicals - Topix.net
The company lowered its full-year earnings per share estimate to $2.75 from $3.10 previously, which it blamed on a strengthening U.S. dollar, as well as increased competition and macroeconomic issues in Brazil.
Tags: shares
ceo
outlook
reduces
Shell's departure will mean no drill rigs in Chukchi Sea
2015-09-28 21:57:19| Energy - Topix.net
" Royal Dutch Shell announced Monday it will end exploration in the Chukchi Sea "for the foreseeable future." The company cited disappointing results from a well drilled during the 2015 open water season in the waters north of the Bering Strait off Alaska's northwest coast.
Tags: sea
departure
drill
shells
Shell's departure will mean no drill rigs in Chukchi Sea
2015-09-28 21:22:42| Oil & Gas - Topix.net
The company cited disappointing results from a well drilled during the 2015 open water season in the waters north of the Bering Strait off Alaska's northwest coast. The company also cited the "challenging and unpredictable federal regulatory environment in offshore Alaska."
Tags: sea
departure
drill
shells
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