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New York deals blow to $1b shale gas pipeline

Bloomberg New York denied a key permit for a $1 billion Williams Cos. shale gas pipeline, dealing a critical blow to a project that would shuttle fuel to customers in New York City and Long Island. The New York State Department of Environmental Conservation said that the pipeline would result in water quality violations, including those caused by kicking up ...

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Arkema set to acquire US chemical-maker for $570m

Bloomberg Arkema SA agreed to buy a US-based supplier of mining-additives from Golden Gate Capital for $570 million as part of Chief Executive Officer Thierry Le Henaff’s drive to expand in higher-margin specialty chemicals. Purchasing ArrMaz Custom Chemicals Inc. will add a portfolio of defoamers and other so-called surfactants also used in road construction and agrochemicals generating annual sales of ...

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Saudi says no to war with Iran, vows strong response

Bloomberg Saudi Arabia does not want a war with Iran but will respond “with strength and determination” if Iran decides to start one, a top Saudi official said. “We don’t want a war in any way, but at the same time we won’t allow Iran to continue its hostile policies towards the kingdom,” Minister of State for Foreign Affairs Adel ...

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