Chemical Industry Weekly News Round-Up, May 14

APIC 2010 gathered Asia's top petrochemical industry players in Mumbai this week. At the event, Reliance chairman Mukesh Ambani told attendees that "this century belongs to Asia." Perhaps illustrating the point, Reliance is expected to launch construction of a major cracker project soon. In the U.S., Senators John Kerry and Joseph Lieberman introduced long-awaited climate legislation. The bill was drafted after extensive consultation with industry groups, but is nonetheless viewed as unlikely to pass. EPA also released its final rule on industrial GHG...

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