Quantcast
Newark, DE
48°
Weather from OpenWeatherMap
Thursday, February 22, 2018

PBF discloses plans for hydrogen plant at Delaware City refinery

PBF Energy  Inc. reported sharply higher fourth-quarter 2017 income from operations of $253.5 million, compared to income from operations of $139.8 million for the fourth quarter of 2016. Aiding the results are crude oil deliveries from Canada to...

Incyte reports loss as company sharply increases research

Incyte Corp. reported a loss for the fourth quarter and 2017 as the company sharply increased research and development work on promising drug candidates.  The company,  based near Wilmington,  opened an expanded headquarters and research...

Chemours posts strong earnings for 4th quarter, year

The Chemours Company, Wilmington,  reported strong  earnings four the fourth quarter and 2017 Chemours  CEO Mark Vergnano said: "We ended the year with tremendous momentum in all three of our segments, which contributed to a great fourth quarter...

DowDuPont to move 150 jobs to Experimental Station from Philly suburbs

DowDuPont’s Specialty Products unit will   move about 150 jobs from Collegeville, PA to the Experimental Station near Wilmington. “With the Specialty Products Division now clearly defined, we are accelerating all aspects of our work...

Sussex power plant owner NRG selling renewable energy businesses

NRG Energy, the owner of a coal-fired generation plant in Sussex County  and a generator in Dover is selling renewable energy and other businesses as it works to strengthen its balance sheet. The company has been...

DowDuPont reports strong earnings, moves up spin-off timetable

DowDuPont reported strong results for the fourth quarter and 2017 and announced  a speeded-up timetable for spinning off the giant company into three parts. The company was aided by stronger economies throughout the world. Adjusted earnings...

Bank of America takes heat for dropping low-fee checking account

Bank of America is taking heat for a decision to end one of its no-free checking accounts. Those protesting the decision said the move was a blow to low-income customers, a charge the company denies. “We introduced...

Incyte warns investors about below-market value mini-tender offer for its stock

Incyte Corporation, Wilmington, cautioned that investors may receive a "mini-tender offer" for shares at a below market price.  The "mini-tender" offer by TRC Capital Corporation (TRC)  would purchase up to 1,500,000 shares of Incyte's common...

Philadelphia refinery complex files for Chapter 11 protection

The largest refinery complex on the East Coast filed for Chapter 11 bankruptcy protection in  Delaware. Bankrupt Company News   reported the filing from Philadelphia Energy Solutions, comes after long-running reports of financial stresses on the South...

DuPont Zodiaq quartz surface now part of Corian brand

DuPont is retiring the Zodiaq quartz surfaces name. The product will become  part of the better known  Corian  Design family of branded products and services. Zodiaq  will be re-branded as Corian  Quartz as part of...
Advertisement