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Chemical Industry Weekly News Round-Up, April 8
3:28 PM MDT | April 8, 2011 | By VINCENT VALK
This Week on CW:
Solvay is acquiring Rhodia for $4.8 billion, ending months of speculation over what the Belgian company will do with its pile of cash.
At GPCA Plastics Forum in Dubai, downstream development and investment were major themes.
Braskem is investing $633 million to build a major new polyvinyl chloride plant in Brazil.
The U.S. Senate rejected an amendment limiting EPA's authority to regulate greenhouse gas emissions.
Around the Web:
Among the riders that have emerged as points of contention in the looming shutdown of the U.S. government is stripping funds from parts of the EPA – something many Democrats will not abide, in The Hill's E2-Wire.
A new study by DuPont has found that automakers are considering innovation as much as cost when making supply decisions, largely in response to regulatory pressures, in Plastics News.