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...company would lose its chief and chair at the same time....
...As Lynch noted, you know more about things you use: an improved website or new gadget is more likely to be on your radar than, say, changing processes at a chemical plant....
...The company blamed the shortfall on weaker margins in its chemicals business and a hit to its trading business. Read more here....
...He is also on the board of US oil major ExxonMobil. Shares in Bayer have fallen 45 cent since Ubben disclosed his stake in January last year, exposing the founder of Inclusive Capital to paper losses....
...Ratcliffe’s comments echo a threat by US oil and gas company ExxonMobil that it could withhold billions of dollars in climate-related investments from Europe unless Brussels cuts the regulatory burden around...
...“I think it is essential and it is the future,” the paper quoted Cook, whose company employs hundreds of thousands of workers in China, as saying....
...ExxonMobil was awarded $331.9mn to substitute hydrogen for natural gas at a Baytown, Texas olefins production facility. Consumer goods companies also received support....
...ExxonMobil, the largest US oil company, has been scouring for deals to expand production and is flush with cash after higher energy prices delivered bumper profits....
...In 2020, BlackRock voted for a failed effort to split the CEO and chair roles at ExxonMobil because the company was failing to show a “sense of urgency” over climate change....
...He said the deal made sense in terms of boosting efficiency and ensuring the company had resources that could plug into its large refining and chemicals assets on the Gulf coast....
...The annual rush to sign off on financial statements has this week exposed issues at companies ranging from the chemicals giant Chemours to the toymaker Mattel....
...ExxonMobil plans to begin producing lithium in 2027 in a major strategic pivot, as the biggest western oil producer bets it can use its expertise in drilling and processing to become a leading player in...
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...A steep increase in petrochemical production in China and the US has led to a global oversupply of industrial chemicals used in plastics, sending the price of new material so low that its recycled alternative...
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
...In late 2022, after it was placed on a list of financial firms boycotting fossil fuel companies in Texas, BlackRock said it had invested more than $100bn in Texas energy companies, notably ExxonMobil....
...Shares in Chevron fell 17 per cent last year, compared to a 9 per cent drop for ExxonMobil, its larger US rival....
...The Environmental Protection Agency issued two new rules that aim to limit toxic emissions from chemical plants and remove cancer-causing chemicals from tap water, as the Biden administration tries to advance...
...At the COP28 climate conference in December, companies representing about a third of global oil and gas production including ExxonMobil, TotalEnergies, BP and Shell pledged to stop routine flaring of excess...
...Boring problems Elon Musk’s Boring Company has built a tiny loop to move cars through Las Vegas, but workers of the “hyperloop” mass-transit system say its tunnels are packed with chemical sludge, reports...
...The plant, owned by South Africa’s biggest chemical company Sasol, emits more carbon dioxide than Portugal....
...So now they're looking at working gradually to make each chemical part of the plastic greener....
...Of the 470 public companies in the Fortune 500, 328 make their corporate home in the small, mid-Atlantic state best known for President Joe Biden and chemicals group DuPont, drawn in part to its stable and...
...Earlier this year the state of California sued several of the world’s biggest oil companies, including ExxonMobil, Shell and BP, claiming they had misled consumers by suppressing information about the adverse...
...Hovenkamp: Chemicals in the mid-century. Even still today, things like high-fructose corn syrup. Heavy industry, early in the 20th century....
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