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Chlor-Alkali Production Cuts Would Balance the Caustic Soda Prices, Says Westlake Chemical Corp.
  • 08-May-2020 10:00 AM
  • Journalist: Timothy Greene

As per the quarterly results of US chlor-alkali giant, Westlake Chemical Corporation, halt in global production and construction activities backed by softened PVC demand, has pressurized the fee... Read More

Gas Leak at LG Chem Polymer Plant Worsens the Ongoing Stress over Nation’s Health
  • 07-May-2020 02:00 PM
  • Journalist: Timothy Greene

An astonishing gas leak at LG Chem Polymer Plant in Vishakhapatnam has caused concerns over the lives of 5000 people living in nearby areas. LG Chem is a South Korean polymer company engaged in ... Read More

GSK, Horlicks To Sell 5.69% Stake in Hindustan Unilever Worth USD 3.3 Bn
  • 07-May-2020 12:00 PM
  • Journalist: Timothy Greene

On Thursday, GlaxoSmithKline Pte and Horlicks announced that they will sell 5.69% stake in Hindustan Unilever Limited (HUL) in a deal valued nearly at $3.3 billion. HUL is planning to sell its 1... Read More

Dampened Demand for Petrochemicals in Asia Prompts Decline in Methanol Sales for Current Fiscal Year
  • 07-May-2020 11:00 AM
  • Journalist: Timothy Greene

Sojitz, a renowned trading house in Japan, recently forecasted a significant slump in sales of Methanol for the current fiscal year as an outcome of dampened demand for Asian petrochemicals, aff... Read More

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