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...For those of you who haven’t heard of the company, JSR commands around 30 per cent of the global market share of photoresists, specialist chemicals used to print circuit designs on chip wafers....
...The Houston-based company is also active in chemicals through a stake in CPChem, which it owns with Chevron....
...Doing so could divide the company’s more than 43,000 employees, he reasons, many of whom work in progressive California or conservative Texas....
...Oxy plans to use captured carbon dioxide to help pump oil and produce chemicals. It has already inked a deal to sell these so-called net zero oil products to a South Korean refinery....
...Efforts are also under way in the US state of Texas to explore the prospect of producing ammonia, in a joint study by Mitsubishi, South Korea’s Lotte Chemical Corp and German energy firm RWE....
...The impact is likely to be felt for months, with many chemical facilities in Texas still offline....
...Chemicals group Ineos, meanwhile, announced plans to start trading LNG....
...The billionaire industrialist had announced a year earlier the sale of his listed chemicals company, Huntsman Corp, to the private equity titan Apollo Global Management for $10.6bn....
...Supplies were tight owing to disruptions from a deep freeze in Texas last winter, and demand has surged during the coronavirus pandemic....
...It was the best-ever quarter for Exxon’s chemicals business, but Woods does not see it as a one off....
...The art of chipmaking involves thousands of chemical and physical interactions at the atomic level....
...He said that LabCorp and Quest were “trying to prioritise” testing in states like Texas and Florida, which have seen an explosion of new cases....
...In Texas, the plant being designed by Carbon Engineering and Occidental will produce CO2 that is injected into oil wells to help improve the extraction rates of the fuel reserves from geological reservoirs...
...Both companies are investing heavily in the Permian Basin of Texas and New Mexico, the world’s most active shale energy region....
...The announcement of the cuts, which also included a reduction of $800m in the downstream and chemicals business, was welcomed by the market....
...Huntsman Corp, the US chemicals group, is selling two of its businesses to Thailand-based petrochemicals company Indorama Ventures for more than $2bn....
...The same day that Mr Xi was touring the Jiangxi rare earths facility, Lynas announced plans to set up a processing facility in Texas with local chemicals firm Blue Line....
...Profits from the downstream refining and chemicals operations dropped 65 per cent to $252m as margins fell sharply....
...ExxonMobil and Chevron have sharply increased oil and gas production, with gains centred in the heart of the US shale boom helping to offset weaknesses in refining and chemicals operations that have also...
...ExxonMobil is interested in acquiring more assets in the Permian Basin of Texas and New Mexico, the heartland of the US shale oil boom, and could do a substantial deal, the company said on Friday....
...IFF beat out Irish food company Kerry Foods and Dutch chemicals company DSM....
...The latest example where this strategy paid off is in the $55bn battle for Texas-based Anadarko Petroleum....
...The largest additions were in the Permian Basin of Texas and New Mexico and the LNG projects in Australia....
...Bringing just one well into production can require 600-700 truckloads of sand, which is pumped underground with water and chemicals to hold open small cracks in the rock so oil can flow out....
...Union Pacific, which has struggled with service problems this year, said it would phase in the changes starting with a route between Wisconsin and Texas....
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