Latest chemical industry news

Former Sinopec Chairman Fu Chengyu Under Investigation After 11 Years of Retirement14 hours ago

The Central Commission for Discipline Inspection announced that Fu Chengyu, former chairman of Sinopec, is under investigation for suspected serious violations. Reports indicate the probe may concern economic issues during the company's past mixed-ownership reform and sales subsidiary listing.

Valero Houston Refinery Expansion: Valero to Acquire LyondellBasell Site for $320.5M22 hours ago

Valero Energy will acquire a former LyondellBasell Houston refinery site for $320.5 million to restart 165,000 b/d of crude oil processing by late 2027. The move integrates logistics and reduces feedstock reliance to bolster US fuel security.

OPEC+ Set to Keep Production Targets Unchanged in December, Source Says23 hours ago

Seven OPEC+ producers have agreed in principle to maintain production targets for December, according to a source. This decision signals continued stability in global crude oil supply.

Green Plains Deal Monetizes 45Z Tax Credits1 day ago

Green Plains Renewable Energy Inc. secured a deal to monetize over $250 million in Clean Fuel Production Tax Credits from its nine biorefineries, receiving an initial $140 million cash payment in Q4 based on current carbon intensity scores.

Linde PLC Shares Acquired by Founders Financial Securities LLC1 day ago

Founders Financial Securities LLC acquired 5,263 shares of Linde PLC worth $2.5 million in Q3. Linde reported strong Q3 results with $9.4 billion revenue despite a $425 million restructuring charge.

Asset Management One Increases Stake in DuPont de Nemours1 day ago

Asset Management One raised its DuPont stake by 19.2% to 103,663 shares worth $13.5 million. Institutional ownership reached 73.96% as DuPont beat earnings and declared a $0.60 quarterly dividend.

Big Oil Is Grappling With How to Spend Its Windfall Profits1 day ago

Major oil companies are prioritizing debt reduction and financial discipline over aggressive spending despite record windfall profits from soaring oil prices. Executives cite past boom-and-bust cycles as the reason for avoiding new megaprojects during this temporary market disruption.

Russia Extends Ban on Most Diesel Exports Through January1 day ago

Russia extended its general diesel export ban until January to stabilize domestic markets, permitting limited exemptions for select suppliers. Deputy Prime Minister Novak forecasts November exports of 2.15 million tons despite potential supply disruptions from Ukrainian refinery attacks.

WD-40 Company SEC Filing (Oct 30, 2026)1 day ago

WD-40 Company submitted an ARS SEC filing on October 30, 2026, categorized as having low impact and neutral sentiment.