Linde and Praxair today began a 10-week period for shareholders to vote on their proposed merger. Praxair has an up-or-down shareholder vote scheduled for late September, while Linde shareholders can receive 1.54 shares in the combined entity for each Linde share.
Several environmental groups filed a lawsuit against the Environmental Protection Agency on Monday over its framework rules under Toxic Substances Control Act reform. The EPA has said the rules "clearly [define] important scientific terms to ensure transparency and confidence in the risk evaluation process."
Albemarle is expanding its chemical plants in Kings Mountain and Charlotte, N.C., which should bring 200 new jobs. The company received approval this week for a $4.3 million grant that is dependent on creating jobs.
Chemical firms can ensure their restructuring and cost-cutting measures are effective in the long term by first addressing company culture, writes Polaris Veritas CEO Bernie Price. One of the key challenges is sustaining improvements over time, especially if turnover occurs.
Eastman Chemical's energy-management plan will now cover water and other natural resources, according to its latest sustainability report. The company has several 2020 targets, including reductions in greenhouse-gas intensity, volatile organic compounds and toxic release inventory emissions.
Published scientific research is linked to an increase in innovation in chemistry and other fields, according to researchers from Northwestern University. The report -- the first of its kind to quantitatively analyze the connection -- said 60.5% of patents referenced published works in science and engineering.
Sources say the Trump administration is considering naming Sen. Joe Manchin, D-W.Va., to succeed Energy Secretary Rick Perry, allowing West Virginia's Republican governor to appoint a Senate replacement. Whether Perry would take a new administration role is unclear.
The Environmental Protection Agency has published its final inventory reset rule in the Federal Register, which means chemical manufacturers must submit chemical data under certain procedures by Feb. 7, with processors that choose to participate having a deadline of Oct. 5, 2018.