Chemicals & Plastics News

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) today announced the appointment of Scott A. Keller as general counsel. Keller, 44, will join Chevron on July 1 as general counsel, and will report to Chevron’s current chief legal officer, R. Hewitt Pate, in anticipation of Pate’s expected retirement in mid-2027 after 17 years of service. Upon his expected appointment to the position of chief legal officer, effective January 1, 2027, Keller will lead the company’s worldwide legal affairs...

NEW YORK--(BUSINESS WIRE)--IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, and health and biosciences, today announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that values the business at approximately $4.3 billion, representing an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF has chosen to...

TOKYO--(BUSINESS WIRE)--AGC completed UL 2809 verification for AFLAS™ FFKM, confirming fluorine content is allocated as 100% recycled fluorite under a mass balance approach....

MEXICO CITY--(BUSINESS WIRE)--Industrias Unidas, S.A. de C.V. (“IUSA” or the “Company”) has announced its unaudited results for the three months ended March 31 of 2026. Figures are unaudited and have been prepared in accordance with Mexican Financial Reporting Standards (“MFRS”), which are different in certain respects from Generally Accepted Accounting Principles in the United States (“U.S. GAAP”). The results from any interim period are not necessarily indicative of the results that may be ex...

SEATTLE--(BUSINESS WIRE)--The wife of a worker killed in Tuesday's catastrophic chemical tank implosion at the Nippon Dynawave Packaging mill in Longview, Washington, called on state officials to demand complete transparency from the company as investigators began their work to determine what caused the disaster that has claimed at least two lives, with the death count expected to rise to at least 11. According to Mackenzie Ammons, her husband, Jared Ammons, went into work early so he could mak...

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a global specialty chemicals producer, today released its 2025 Sustainability Report, showcasing how the company’s materials are advancing electrification, energy storage and the circular economy. With the theme “Driving innovation – essential for the future,” the report’s highlights include upgrading technology in Sweden that recovers heat from the production process and supplies it to a city. In South Africa, operational improvements reduced w...

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, today issued the following statement in response to a letter issued by Starboard Value LP (collectively with its affiliates, "Starboard"). The Flowserve Board of Directors (the “Board”) and management team are committed to acting in the best interests of the Company and all shareholders. We regularly engage wit...

WICHITA, Kan.--(BUSINESS WIRE)--Hexcel Corporation (NYSE: HXL), a global leader in advanced composite materials, today announced the groundbreaking of the Hexcel Applications Center at Wichita State University’s National Institute for Aviation Research (NIAR). The new center marks a significant expansion of Hexcel’s long‑standing collaboration with NIAR and reflects a shared commitment to advancing composite materials, automated processing, and aerospace manufacturing innovation. “This investme...

NEW YORK--(BUSINESS WIRE)--Cushman & Wakefield's (CWK) analysis of 135 global logistics markets in its Waypoint 2026 report indicates that the proportion experiencing tenant‑favorable conditions is expected to fall from 52% in 2026 to 33% by 2029 as vacancy tightens and supply remains constrained. This shift in the balance of power will see 39% of markets experiencing landlord-favorable conditions in 2029, up from 26% in 2026. Demand for higher‑quality, strategically located assets is being...

COLUMBUS, Ohio--(BUSINESS WIRE)--Battelle announced The BLOOM Conference, the new name for its internationally recognized Bioremediation Conference, marking the evolution of an event series it has convened for more than three decades. The BLOOM Conference, which stands for Bioremediation, Land Opportunity, Optimization and Minerals, reflects how environmental remediation has expanded beyond cleanup alone to include land reuse, resource recovery and value creation from complex waste streams. Bio...