This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Berkshire Hathaway entered an agreement to acquire Occidental Petroleum’s OxyChem segment for $9.7 billion, the companies announced Thursday. The transaction is expected to close in the fourth quarter of 2025. OxyChem manufactures standardized chemicals on a large scale that are applied in water treatment, pharmaceuticals, healthcare and commercial and re ...