ChemicalIndustry

Wendel Explores $2 Billion Sale of Chemical Manufacturer Stahl

28 days ago

Investment firm Wendel is reportedly weighing the possibility of divesting its stake in the chemical maker Stahl in a deal that could reach approximately $2 billion. This strategic move underscores Wendel's ongoing assessment of its portfolio, signaling an intent to capitalize on the significant valuation of its subsidiary.

Fuel Industry Voices Concerns Over Price Hikes Without Tax Credit Stability

1 month ago

Key figures in the fuel industry have raised alarms regarding the impending rise in fuel prices, emphasizing that uncertainty surrounding federal tax credits could jeopardize future investments and lead to consumers bearing the brunt of increased costs. The warning comes at a pivotal moment as energy sectors grapple with fluctuating market demands and regulatory changes.

BASF Pursues Major Overhaul with Lower Dividend, Refocuses on Core Units

3 months ago

In the most exciting strategic about-faces, one of the world's leading chemical companies, BASF SE, announced its decision to restructure its business through cutting down on its dividend pay-outs and focusing its core operations on more productive business units. The decision is a reflection of a larger strategy of boosting profitability in the face of thin margins and streamlining operating procedures in light of unfavorable market conditions.