Veeco Instruments Inc. said Tuesday it has hired longtime Rohm and Haas Co. executive David Glass as its chief financial officer and executive vice president. Glass, 50, replaces John F. Rein Jr., 63, who announced plans to retire from the precision manufacturing equipment maker last year ...

Dow Chemical announced that it sold salt maker Morton International to German fertilizer and chemical firm K+S for 1.675 billion dollars. Owned by Dow subsidiary Rohm and Haas, the Morton brand is a household name in the United States. "We are pleased that we reached an agreement with K+S at an attractive value in such a short ...

Dow Chemical said Monday it could not meet a deadline for an 18.8 billion dollar takeover of rival Rohm & Haas, citing "unacceptable uncertainties" on financing after a Kuwaiti partner scrapped a joint venture. Dow said it was unable to meet the Tuesday deadline for the deal, which would have created the world's leading specialty chemicals and materials ...

Standard & Poor's and Moody's Investors Service on Monday downgraded their ratings for Dow Chemical Company after Kuwait scrapped a 17.4-billion-dollar deal to create a petrochemicals joint venture. Dow's shares plunged over Wall Street fears that the company's 18.8-billion-dollar planned purchase of rival firm Rohm and Haas may be put into question. Kuwait's ...