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...Growing up in Lake Jackson, Texas, near a massive Dow Chemical factory where his father worked as a chemist, Anderson studied chemical engineering at the University of Texas at Austin and Massachusetts Institute...
...At chemical company Dow, executive pay ESG metrics include a “customer experience index”, which measures prospective customer sentiment, as well as workforce diversity....
...This ushered him into a 25-year career at Dow Chemical, first in Argentina and then in the US, where he rose within the company to become president of the performance products and systems division....
...The problems at NuScale are rippling across the SMR sector. X-energy, which is backed by chemical giant Dow, was forced to lay off staff last month following its failure to conclude its Spac merger....
...A quarter of companies spending more than €3mn a year on lobbying the EU are leading chemical producers: Bayer, Dow Europe and BASF....
...The case against Dow Chemical and other companies first went to a French appeals court in 2018. That court ruled for the defendants in May 2022, prompting the supreme court appeal....
...That excludes the EU and Japan, which lack such deals with the US. Volkswagen, BMW and Enel are among the major European companies to review their investment plans in the bloc in light of the IRA....
...For industry, the potential delay adds to an already confusing scenario, as the proposals to date fail to provide a “clear plan”, according to the European Chemical Industry Council (Cefic), a trade association...
...The data, which reaches back to 2010, excludes the U.K., which left the EU in 2020, for the whole of the period....
...The decision concentrates power in the hands of Marco Tronchetti Provera, who has run the company since 1992....
...Portugal has become the latest European government to deem Huawei too “high risk”, outlining a potential ban on the Chinese company’s equipment for its 5G network in a policy U-turn that could further damage...
...One area where emerging companies have made a difference is in helping larger groups to measure, assess and devise plans to minimise their impact....
...Petrochemical giants including Chevron and Dow Chemical have established partnerships with start-ups to harness technology to turn plastic waste into oil or gas....
...Compared with his record of megadeals bringing together Barclays and Lehman Brothers, Dow Chemical and Dupont, and Glencore and Xstrata, this will be a small one....
...BASF, the German chemical company, said recently it would expand production in China and “downsize permanently” in Europe because of high energy prices and faltering demand....
...Oil and industrial giants Shell, Chevron, Dow Chemical, Ineos and others with facilities in the area are backing the plan....
...Chemicals group Ineos, meanwhile, announced plans to start trading LNG....
...“The location is perfect,” said Jörg Schmitz, senior LNG project director at chemicals group Dow Germany, gesturing to the wide sweep of the Elbe, the North Sea to the west and the port of Hamburg, Germany...
...The world’s largest petrochemical companies, including Dow, Sabic and Chevron Phillips Chemical, have all formed partnerships with recycling start-ups....
...Germany too is considering a U-turn on plans to exit nuclear power by the end of the year, as fears grow of shortages should Russia further restrict gas supplies....
...The chemicals giant is writing the latest chapter in its complex history with plans to buy Rogers Corporation, a materials maker for electric vehicles and defence electronics, for $5bn in cash....
...Following its bankruptcy court filing, the company will continue trading while it works out a creditor repayment plan....
..., Dow, and Shell in the plastics war....
...Such a split would be unprecedented for a Japanese conglomerate, but would echo the step DowDuPont took following the 2017 merger of Dow Chemical and DuPont....
...In the energy sector, the crisis has forced companies to go under as rocketing prices have hit producers....
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