Bayer AG’s possible sale of its $10 billion plastics unit would accelerate a retreat from chemicals that the maker of Aspirin initiated a decade ago, leaving it focused on the more lucrative life-science industry.
BASF, the world's No.1 chemicals company by sales, said it could spend more than 1 billion euros ($1.4 billion) to build a petrochemical plant in the United States, joining global peers attracted by cheap shale gas there.
Lapolla Industires, Inc., a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, announced the launch of its AirTight(R) division's Energy Savings Program for multi-family residential properties.
A recent agreement will provide additional log supply for Tolko’s Quest Wood sawmill, harvesting work for Nazko Logging LP and additional fibre for PBEC’s wood pellet manufacturing plant in Prince George.
West Fraser remained the world's largest softwood lumber producer for a sixth consecutive year in 2013, but runner-up Canfor narrowed the gap as most of the top producers in the "Billion Board Foot Club" increased output.