Workflow
Chemical Manufacturing
icon
Search documents
German Chemical Makers Say Carbon Costs Damage Europe’s Edge
MINT· 2025-10-10 16:01
Core Viewpoint - German chemical companies are expressing concerns that high carbon allowance costs are undermining Europe's competitiveness, prompting calls for adjustments in the emissions trading system to support struggling industries [1][3]. Group 1: Industry Concerns - Leading firms such as BASF SE and SKW Stickstoffwerke Piesteritz GmbH are advocating for exemptions in the emissions trading system as costs are expected to rise with the phase-out of free certificate allocations starting next year [1]. - The chairman of SKW Piesteritz highlighted that carbon prices in Europe are five times higher than in other regions, posing a significant threat to the industry's survival, even more so than previously high gas prices [2]. - The chemical sector is intensifying lobbying efforts against the EU's climate policies due to ongoing crises, with German chemical plants operating at only 72% capacity in Q2, marking the lowest level in over 30 years [3]. Group 2: Government and Policy Response - The German ruling coalition is supporting struggling industries, with Chancellor Friedrich Merz advocating for more flexibility in the EU's 2035 ban on new combustion-engine vehicles to aid automakers [4]. - The European Commission is working on enhancing the Carbon Border Adjustment Mechanism to protect domestic industries, but the current review will not address the chemical sector [4]. - BASF SE has stated that the existing carbon market scheme is detrimental to the competitiveness of energy-intensive basic material production in Europe, warning that failure to reform the CBAM could lead to increased relocation of emission-intensive production [5].
Lost Money on Dow Inc.(DOW)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky
Globenewswire· 2025-10-09 08:23
Core Viewpoint - A class action securities lawsuit has been filed against Dow Inc. alleging securities fraud that negatively impacted investors between January 30, 2025, and July 23, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Dow Inc. overstated its ability to manage macroeconomic and tariff-related challenges, as well as its financial flexibility to support dividends [2]. - It is alleged that the true extent of negative impacts from competitive pressures, declining global sales, and product oversupply was understated [2]. - Defendants' public statements are claimed to have been materially false and misleading throughout the relevant period [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until October 28, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the U.S. [4].
DOW ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Dow, Inc. and Encourages Investors to Contact the Firm
Globenewswire· 2025-10-08 22:14
Core Viewpoint - A class action lawsuit has been filed against Dow, Inc. for allegedly making materially false and misleading statements regarding its business operations and financial condition during the specified class period from January 30, 2025, to July 23, 2025 [1][7]. Allegation Details - Defendants are accused of overstating Dow's ability to manage macroeconomic and tariff-related challenges, as well as its financial flexibility to support dividends [3]. - The negative impacts of competitive pressures, declining global sales, and product oversupply on Dow's business were allegedly understated [3]. - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [3]. Next Steps - Investors who purchased Dow shares and experienced losses are encouraged to contact the law firm for more information regarding their rights and potential claims [4]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is October 28, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a recognized law firm that represents individual and institutional investors in various complex litigations across the United States [5].
All You Need to Know About Hawkins (HWKN) Rating Upgrade to Buy
ZACKS· 2025-10-06 17:01
Core Viewpoint - Hawkins (HWKN) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive shift in earnings estimates which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [3][5]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell, thus affecting stock prices [3]. Business Outlook for Hawkins - The upgrade reflects an improvement in Hawkins' underlying business, suggesting that investors may respond positively by driving the stock price higher [4]. - Hawkins is projected to earn $4.41 per share for the fiscal year ending March 2026, with no year-over-year change, but the Zacks Consensus Estimate has increased by 1% over the past three months [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks which have averaged a +25% annual return since 1988 [6]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [8][9].
Empowering Brands with Bio-Based Innovation: Braskem Highlights I'm green™ bio-based Portfolio at Sustainable Brands
Businesswire· 2025-10-06 14:33
Core Insights - Braskem's I'm green™ bio-based brand will participate in Sustainable Brands 2025 to raise awareness about carbon footprint and climate change [1] - The company will present over 200 Life Cycle Assessments (LCAs) data to support its discussions [1] - Braskem aims to demonstrate how bio-based alternatives can significantly reduce carbon emissions compared to traditional fossil-based materials [1]
DOW DEADLINE: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Dow Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – DOW
Globenewswire· 2025-10-04 20:00
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Dow Inc. securities between January 30, 2025, and July 23, 2025, of the October 28, 2025, lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased Dow securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by October 28, 2025 [2] - The lawsuit alleges that Dow made false and misleading statements regarding its ability to manage macroeconomic and tariff-related challenges, overstating its financial flexibility and downplaying the negative impacts on its business [4] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3] - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [3]
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Tronox
Prnewswire· 2025-10-02 13:52
According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Tronox's ability to forecast the demand for its pigment and zircon products or otherwise the true state of its commercial division, despite making lofty long-term projections, Tronox's forecasting processes fell short as sales continued to decline and costs increa ...
Berkshire Hathaway to buy Occidental's OxyChem for $9.7 billion
Youtube· 2025-10-02 11:29
Group 1 - Berkshire Hathaway is officially acquiring Occidental's chemical business, OxyChem, in an all-cash deal valued at $9.7 billion [1] - Occidental currently has a debt load of approximately $22 billion and aims to reduce it to $15 billion [2] - Berkshire Hathaway is the largest shareholder in Occidental and this acquisition allows them to take full control of OxyChem [2] Group 2 - Following the announcement, Occidental's shares increased by just under 1%, with prior reports of the deal contributing to a rise in share prices over the last few days [3] - The CEO of Occidental, Vicky Haliburton, is expected to provide further insights in an upcoming live segment [3]
DOW LAWSUIT ALERT: Levi & Korsinsky Notifies Dow Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Globenewswire· 2025-10-01 20:18
Core Viewpoint - A class action securities lawsuit has been filed against Dow Inc. alleging securities fraud that negatively impacted investors between January 30, 2025, and July 23, 2025 [1][2] Group 1: Allegations of Fraud - The lawsuit claims that Dow Inc. overstated its ability to manage macroeconomic and tariff-related challenges, as well as its financial flexibility to support dividends [2] - It is alleged that the true extent of negative impacts from competitive pressures, declining global sales, and product oversupply was understated [2] - Defendants' public statements are claimed to have been materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until October 28, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States [4]
Mitsui Chemicals Group partners PLASTIFY for beach cleaning at Coney Island
Businesswire· 2025-09-30 00:00
SINGAPORE--(BUSINESS WIRE)-- #BeachCleaning--Mitsui Chemicals Asia Pacific (MCAP) – In the early hours of 20 September 2025, a dedicated group of 15 employees from the affiliates in Singapore and their family members came together to make a tangible impact on the environment in celebration of World Cleanup Day. Partnering with sustainability-focused organization PLASTIFY, the team conducted a coastal cleanup that resulted in the collection of more than 145kg of trash. The cleanup effort, under the group's g ...