Business ❯ Energy

Petrochemicals

Production Manufacturing Chemical Recycling Automation Dawood Hercules Corporation Downstream Expansion Engineering Investment Projects Industry Competition Industry Trends Refineries Ethane Partnerships Feedstock Refinery Operations Feedstock Supply Capacity Expansion Operations Market Trends Refining Oil Refining Chemical Production Market Dynamics Market Performance Divestment Chemical Manufacturing Occidental Petroleum Refining Industry SIBUR-Kstovo Mossmorran Site Lukoil Industry Players Production and Supply Contracts Corporate Governance Hydrocarbon Sector Industrial Zones Workplace Safety Market Conditions

Berkshire Hathaway to Acquire Occidental’s OxyChem for $9.7 Billion

The all-cash purchase helps Occidental accelerate deleveraging by directing $6.5 billion toward its sub-$15 billion debt target.