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People & Business :: Companies
Chemical Industry Weekly News Round-Up, November 5
2:27 PM MDT | November 5, 2010 | Vincent Valk
This Week on CW: Dow Chemical is changing its strategy on plastics. The company is planning to keep its LLDPE business, which was party to the failed K-Dow joint venture, while seeing ventures in HDPE, PP, and other commodity plastics. Earnings improvement continued this week. Momentive saw income double for its Specialty Chemicals business, formerly Hexion, while its Performance Materials business swung to a profit. DSM's profits rose on higher sales, while Reliance earnings were up 28% year-on-year, and Mitsui swung to profit. Canadian authorities are blocking...
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