Chemical Industry Weekly News Round-Up, June 8

This Week on CW:   At ACC’s 2012 annual meeting in Colorado Springs, CO, industry leaders expressed growing concern about declining energy and chemical prices and inventory destocking.   Five major multinationals, including Coca-Cola, have formed a consortium to promote biobased PET research and development.   Reliance Industries is planning to invest $18 billion in petrochemicals, oil and gas, and retail and communication. The Indian conglomerate is aiming to be among the five largest petrochemicals producers in the world.   Cytec is...

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