The chemical and manufacturing giant 3M reached a $10.3 billion settlement on Thursday with U.S. cities and towns over their claims that the company contaminated drinking water with so-called forever […]
chemicals
Trending topics and news from the chemicals category
Back to news homeThree ‘Forever Chemicals’ Makers Settle Public Water Lawsuits
Three major chemical companies on Friday said they would pay more than $1 billion to settle the first in a wave of claims that they and other companies contaminated drinking […]
Norfolk Southern’s Profits and Accident Rates Rose Before Ohio Derailment
Last month, as Norfolk Southern, one of the largest railroads in North America, reported record operating profits, Alan H. Shaw, its chief executive, told shareholders that the company’s service was […]
Balance raises $56M to tip the one-click checkout scales in favor of B2B merchants
There are many companies bringing one-click checkout to the direct-to-consumer marketplace, but few are developing similar tools for the business-to-business marketplace. B2B payment volume is five times the size of […]
How Chemours and DuPont Avoid Paying for PFAS Pollution
A Blame-Shifting ExerciseThe transactions that created Chemours and reinvented DuPont laid the groundwork for a blame-shifting exercise that has made it difficult for regulators and others to hold anyone accountable […]
Vertical Oceans aims to grow sustainable shrimp in huge ‘aqua towers’ inside cities
John Diener, the CEO of an aquaculture nutrition and genetics company, would visit hundreds of shrimp farms as part of his job. But gradually he became frustrated by some of […]
E.P.A. Approved Toxic Chemicals for Fracking a Decade Ago, New Files Show
A class of man-made chemicals that are toxic even in minuscule concentrations, for decades PFAS were used to make products like nonstick pans, stain-resistant carpeting and firefighting foam. The substances […]
Volta Energy Technologies raises over $90M of a targeted $150M fund to back energy storage startups
Volta Energy Technologies, the energy investment and advisory services firm backed by some of the biggest names in energy and energy storage materials, has closed on nearly $90 million of […]
For Britain’s Chemical Industry, Brexit’s Red Tape Is Just Beginning
For nearly a century the firm of Teal & Mackrill in the port city of Hull in northeast England has made paints for special applications, like fishing trawlers and factory […]