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CHEM IDEAS

Chemical Industry Weekly News Round-Up, September 17

9:26 AM MDT | September 17, 2010 | By VINCENT VALK

This Week on CW:

The inaugural China Petroleum and Chemical International Conference (CPCIC), co-organized by the China Petroleum and Chemical Industry Federation and Chemical Week, has been taking place this past week in Shanghai. The event has generated much news about the ambitions and activities of key players in China: Sinopec said it is moving forward with international expansion plans, while Ineos shared insights on how to do business in China
 
Air Products has won three seats on the Airgas board of directors. 
 
Apollo Management, the private equity firm, is merging Hexion and Momentive, creating a $7.5 billion specialty chemical company.
 
In spite of opposition, nearly 80% of U.S. states are ready to comply with new greenhouse gas emissions rules by next year's deadline, an analysis says. 
Eastman increased its full-year earnings estimates, volumes and selling prices continue to improve.
 
Around the Web: 
Biotech firmJoule has won a patent for a bacterium that converts sunlight and carbon dioxide into diesel fuel ingredients, the New York Times reports.
 
The Washington Post has a look at the last light bulb factory in the U.S. – the country that invented light bulbs , which prompts a blogger to question the supposed panacea of 'green jobs.'  
If you can get your hands on the September 13 issue of the New Yorker, do: there's a fascinating article on the history of uranium mining in Colorado. Here's a link to the abstract.
  
A Texas town is set to enact a $1-per-bag fee for plastic bags, Plastics News reports












 
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