IHS Chemical Week

People & Business :: Emerging Companies

Chemical Industry Weekly News Round-Up, July 23

1:23 PM MDT | July 23, 2010 | Vincent Valk

This Week on CW: Despite mounting economic fears, chemicals sector earnings were strong in the last quarter, with PPG and Cytec easily beating analyst estimates. Companies remain positive in their outlooks for the second half. Two members of the U.S. House of Representatives have introduced an overhaul of TSCA, known as the Toxic Chemicals Safety Act of 2010. The law shifts the burden of proof to industry, which will need to ensure a product's safety before it enters the market. Invista may sell its polymers and resins business, which includes numerous polyester...

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