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...One option includes turning it into a cash-shell company that pursues acquisitions in new industries, the 63-year-old billionaire told the Financial Times in a rare interview....
...In line with Germany’s Stock Corporation Act and its corporate governance code, both von Bomhard and Bock underwent a two-year cooling-off period before joining the supervisory boards....
...JSR commands a third of the global market share of photoresists, specialist chemicals used to print circuit designs on chip wafers....
...“This approach releases the toxic chemicals in plastics and increases community health risks for cancer and other non-communicable diseases,” she said....
...Part of the problem involves its chemicals unit. Shell thinks that its chemicals margin, a measure of profitability, will go up in the final quarter from the last period....
...“This was the mother of all climate cases against corporations,” said Klaas Hendrik Eller, an assistant professor at the University of Amsterdam’s centre for transformative private law....
...In a worrying sign for the global economy, Shell’s chemicals and products division, which produces refined fuels, reported adjusted earnings of just $83mn because of lower refining margins, lower demand...
...“This is another important milestone,” said Machteld de Haan, executive vice-president for chemicals and products at Shell....
...SPDC controls 30 per cent of the so-called SPDC joint venture in partnership with the state-owned Nigerian National Petroleum Corporation, which controls 55 per cent....
...The latest moves could have an impact on Taiwan’s biggest petrochemical companies, including Formosa Plastics, which has a market value of $16.2bn, and state-owned CPC Corporation....
...What’s more, “polyester doesn’t take on chemicals and dyes as readily as natural fibres”, reports George Harding-Rolls of Eco-Age. “So you need to use more chemicals to achieve the same effect.”...
...Demand for ammunition has soared with Ukraine consuming shells at high rates in its war against Russia....
...There has also been a shortage of propellant, which takes several months to make, and of its precursor chemicals....
...Shell Nigeria country chair Osagie Okunbor welcomed the start-up of the refinery, adding that Shell was “happy to be enabling it”....
...Then, a mere 10 hours before the bankruptcy filing, a company lawyer changed the address of the shell corporation to a post office box in Houston....
...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...
...This campaign was initiated by billionaire investor Chris Hohn, founder of the activist hedge fund TCI, and proposals have been filed at Shell among other companies....
...Parminder Kohli will serve as Shell’s UK country chair and executive vice-president of sustainability and carbon, succeeding David Bunch at the oil major....
...In its order intake, Nucera snagged contracts from Swedish producer H2 Green Steel, and from a Shell project in the Netherlands. That is helpful....
...Swedish steelmaker SSAB is among the European winners of a series of US government investments in an $6bn effort to decarbonise manufacturing, across high polluting sectors such as steel, cement, chemicals...
...Directors who fail to do so could be found liable for breaching their duty of care and diligence under Australia’s Corporations Act....
...After decades of concentrating production in China and Taiwan, electronic assemblers such as Foxconn, Quanta and Wistron, along with major chip suppliers from TSMC to United Microelectronics Corporation,...
...Taking into account plant closures and sales, Shell will have reduced its capacity by 33 per cent over that period, while BP’s will have fallen by 10 per cent....
...Conversely, US industry — including steel and chemicals — might benefit from the added availability of even cheaper natural gas....
...JSR and Inpria from continuing with their alleged activities and asks for an escrow account to be established to ensure its financial claims will be protected even after the state-backed Japan Investment Corporation...
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