Elevated mortgage rates acted as a drag on new home sales in November, but with the peak rate cycle apparently in the rear-view mirror, sales are expected to rise in the new year.
3M announced a payment of $250 million to the Qualified Settlement Fund to compensate claimants seeking expedited payments under the settlement agreement.
Chemical distributor Brenntag recently announced an agreement to acquire Solventis Group, a glycols and solvents distribution company operating from Antwerp, Belgium, and from the UK.
The Chemours Co., DuPont de Nemours Inc., and Corteva Inc. announced their continued support for the agreement announced in June 2023 to comprehensively resolve PFAS-related drinking water claims of a defined class of public water systems.
Law enforcement agencies in China have shut down manufacturing of counterfeit Viton™ FreeFlow™ fluoroelastomer, a product falsely bearing Chemours' trademarks.
In an effort to step-up the decarbonization of its supply chain, Covestro has begun the process of introducing electric trucks for short-distance chemical shuttling at its Shanghai site.