U.S. chemical kingpin The Dow Chemical Company (NYSE:DOW) joint venture chlor-alkali facility with Mitsui & Co., Ltd. of Japan has successfully commenced full-scale, commercial production. The facility, based in Freeport, TX, has been set up to produce chlorine and caustic soda used as feedstock in a number of industrial and chemical processes and products. The Dow Chemical Company (NYSE:DOW) shares in last session closed at $49.71.
Praxair, Inc. (NYSE:PX) is getting a $1 million grant from New York State for an expansion project that will allow the company’s plant in Niagara Falls to increase its production of liquid hydrogen by 50 percent, state officials said Thursday. Praxair, Inc. (NYSE:PX) shares advanced 0.07% in last trading session closed at $131.06.
Industrial gas giant Air Products & Chemicals, Inc. (NYSE:APD) has clinched a contract to supply liquid nitrogen for Singapore government’s Jurong Rock Caverns (JRC) project. JRC is an underground storage facility for petrochemical products and the first-of-its-kind in Singapore as well as Southeast Asia. Air Products & Chemicals, Inc. (NYSE:APD) shares moved up 0.81% in last trading session and was closed at $120.00.
Cowen and Company reiterated their market perform rating on shares of Gevo, Inc. (NASDAQ:GEVO) in a research report released on Wednesday morning, Stock Ratings Network reports. Gevo, Inc. (NASDAQ:GEVO) shares in last trading day ended up $1.19.