Chemical Industry Weekly News Round-Up, Jan. 28
2:30 PM MST | January 28, 2011 | By VINCENT VALK
This Week on CW:
At ACI 2010, held this week in Orlando, the cleaning industry expressed renewed optimism as demand continues to rise.
Rising demand, of course, means higher volumes – which drove year-end earnings growth at many chemical companies.
The UN's International Year of Chemistry launched this week in Paris, with industry leaders and scientists calling for a change in mentality and new breakthroughs to solve global problems.
Cytec – which, like most companies, had a good fourth-quarter – is planning to sell its acrylonitrile business.
Lubrizol, rumored to be in on any number of personal care deals, is getting in on that market by buying Nalco's performance products business.
Around the Web:
Industry groups are taking aim at EPA's greenhouse gas rules, in the Wall Street Journal.
Ratings agency S&P has downgraded Japan's debt, the New York Times reports.
The latest designerdrug of choice in the U.S.? According to an article in the Los Angeles Times, it's bath salts.
Coming next week:
CW and CSC's FREE webcast Climate Change and Water: Risks and Response for the Chemical Industry. Many chemical plants face growing water supply risks, so you don't want to miss this one - Thursday, Feb. 3 at 10AM ET/3PM GMT. Click here to register!