Chemical Industry Weekly News Round-Up, August 5
4:00 PM MDT | August 5, 2010 | By VINCENT VALK
Editor's note: I'll be away on vacation tomorrow, so here's an early (if somewhat abbreviated) news round-up.
This Week on CW:
Earnings continued to be strong, though there were some hiccups. Dow Chemical swung to profit in the second-quarter, though earnings fell a bit short of analyst estimates. DSM and Arkema saw significant profit increases, while Sherwin-Williams fell very slightly short of estimates amid earnings improvement. Huntsman, meanwhile, swung to profit.
Reliance is forming yet another joint venture in the U.S.'s Marcellus shale.
A massive explosion at an Iranian fertilizer complex killed five people.
Around the Web:
International leaders are growing increasingly frustrated by the inability of the U.S. government to act on climate change, the New York Times reports.
Do the American rich need everyone else? A Wall Street Journal blog poses the question.
A rather brainy blogger pens a thought-provoking, and generally positive, review of a book called Copycats, which argues that imitation is as important as innovation, if not more so (be sure to check the comments, which make an interesting reference to Celanese).