This Week on CW: At APIC 2012 in Kuala Lumpur, speakers and attendees discussed the positive outlook for Asia’s petrochemicals sector, calling it a bright spot in an uncertain world. Mitsubishi Chemical and Sumitomo have reported massive profit declines, due to declining demand and a deteriorating business environment. Albemarle says it is exiting the phosphorous flame retardants business, and shutting down related capacity in the U.K. and China. Around the Web: The U.S. House is advancing several measures to increase...
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