Chemical industry news covering producers, plant safety, regulations, specialty chemicals, and global chemical markets.
Sherwin-Williams and Nippon Paint have ended their joint bid for AkzoNobel after rejections. Sherwin-Williams shares rose 1.7% as uncertainty lifts, allowing focus on existing operations and alternative growth.
This commentary argues that despite recent high-profile chemical incidents in the US, catastrophic chemical disasters remain rare due to stringent safety standards and regulations. It contends that the risk to the general public is low, comparing chemical accidents to airline crashes in terms of rarity and severity.