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October 7, 2008 11:10:32 PM CDT


Stories related to: Dow Chemical Co.

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4 Stories

  • July 2008
    • Dow Chemical Drops $15.3B on Rohm & Haas

      Dow Chemical Drops $15.3B on Rohm & Haas

      (Newser) - In what may be the beginning of a long-anticipated consolidation of the chemical industry, Dow Chemical today said it was buying coatings and electronic-materials company Rohm & Haas in a $15.3 billion all-cash deal, reports the Wall Street Journal. Dow is backed by $3 billion from Warren Buffett's Berkshire Hathaway—the second time in past months that the Oracle of Omaha has assisted in a buyout. More »

  • May 2008
    • Dow Hikes Prices 20% on Chemicals in Many Products

      Dow Hikes Prices 20% on Chemicals in Many Products

      (Newser) - Skyrocketing energy costs prompted Dow Chemical to bump prices up to 20% yesterday on compounds that are the building blocks for thousands of consumer products, fanning inflation fears. Dow, one of the world’s largest chemical companies, ripped Washington for an energy policy it says has raised its energy costs 42% from a year ago, reports the Wall Street Journal. More »

      Tags

      core inflation   energy prices   Consumer Price Index   Dow Chemical Co.   DuPont

  • December 2007
    • Dow Chemical Sells 50% of Plastics Biz to Kuwait for $9.5B

      Dow Chemical Sells 50% of Plastics Biz to Kuwait for $9.5B

      (Newser) - Kuwait’s national oil company agreed to buy a 50% stake in Dow Chemical’s plastics divisions for $9.5 billion, marking the biggest overseas investment by a Kuwaiti firm, Bloomberg reports. CEO Andrew Liveris said Dow would benefit from cheap access to raw materials and liquid assets received from the deal, which Liveris said Dow planned to invest in specialty-chemical plastics assets. More »

      Tags

      Kuwait   Dow Chemical Co.

  • November 2007
    • Big Industries Joust Over Energy Prices

      Big Industries Joust Over Energy Prices

      (Newser) - US industries are at each other’s throats over energy policy as each sector tries to protect its own interests. A prime example came last year, when Dow Chemical's push for tougher automobile fuel-economy standards—which would help keep a lid on Dow's oil expenditures—ran afoul of automakers, who stand to suffer from such legislation and are huge Dow clients. More »

      Tags

      climate change   oil price   auto industry   crude oil   ethanol   vehicle emissions   biodiesel   Dow Chemical Co.

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