A U.S. subsidiary of state-owned Thai oil and gas company PTT PCL said it is working to "move forward" a proposed petrochemical plant in Ohio that will turn ethane into plastics and provide a regional economic boost. Reports last week said PTT had instructed its PTT Global Chemical America subsidiary to review plans for the plant because of a change in investment conditions.
First Solar Inc (FSLR): * 5N PLUS SECURES MULTI-YEAR SEMICONDUCTOR SUPPLY CONTRACTS IN THE RENEWABLE ENERGY SECTOR Source text for Eikon: Further company coverage:
DuPont (DD) forecast annual profit above expectations on Thursday as a tight check on costs and a recovery in the automotive industry, one of its biggest markets, helped the industrial materials maker's quarterly results beat estimates.
- DuPont (DD) forecast annual profit above expectations on Thursday as a tight check on costs and a recovery in the automotive industry, one of its biggest markets, helped the industrial materials maker's quarterly results beat estimates.
Industrial materials maker DuPont (DD) on Thursday forecast full-year profit above Wall Street expectations as it kept a tight check on costs and benefited from a recovery in the automotive industry, one of it biggest markets.
LG Chem, the world's top electric vehicle battery maker, is in talks with a "couple" of automakers to create joint ventures to produce automotive batteries, Chief Executive Officer Hak Cheol Shin told Reuters on Friday. LG Chem is already moving ahead with battery joint ventures with GM and Geely and hopes to expand to other carmakers, Shin said, without elaborating.
* FDI to help generate some $10 bln in new annual funds. * Initial focus at home, global expansion in five years. * To open China office next year, others later -Sonmez. By Can Sezer, Ebru Tuncay and Jonathan Spicer.
Turkey's $240-billion sovereign investment company is focused on domestic petrochemical, mining and insurance investments to bolster the economy in the next few years before turning its attention abroad, its CEO Zafer Sonmez told Reuters.
A Texas judge on Thursday acquitted the U.S. arm of French chemical maker Arkema SA and a top executive of criminal recklessness stemming from a 2017 blaze that injured 21 people, a verdict that ended all charges against its managers.
A criminal case against the U.S. arm of a French chemical maker accused of releasing pollution that injured 21 people resumed on Thursday under a cloud as a judge ruled out a motion to dismiss the case.
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