In contrast to the fire and explosions at the Crosby site, the larger Houston-area industry is reporting little significant damage and swift progress on overcoming logistical jams and getting back to work.
DowDupont, formed through the merger of chemical giants Dow Chemical and DuPont, is shifting some operations in the three units it plans to create, in a bid to avert a prolonged fight with activist investors over its post-merger plan.
Global spray foam insulation manufacturer, Icynene has formally announced the appointment of Mark Sarvary as President and CEO. Sarvary will continue to be Icynene Chairman of the Board and takes over from Howard Deck who stepped down from the role of CEO.
CanWel Building Materials Group Ltd., of Vancouver, British Columbia, has announced it will purchase Honsador Building Products, Hawaii’s largest pressure-treated wood supplier, for $80 million in cash.
BMC Stock Holdings plans to open a new 30-acre, 187,000-square foot manufacturing and warehouse facility by Oct. 31 in Woodland, California, to meet the increased market demands in Northern California.
The Justice Department Sept. 5 asked a federal appeals court to dismiss the DOJ’s appeal in the ongoing battle over a stalled Obama overtime rule that was expected to make some 4 million workers newly eligible for time-and-a-half pay.
BASF Corporation announced it will donate $500,000 to aid with disaster relief across Texas in the aftermath of Hurricane Harvey. Funds will be distributed to local non-profit organizations assisting in the relief and rebuilding efforts.