Bayer MaterialScience, Leverkusen, Germany, has
announced plans to invest €20 million in a new
aromatic and aliphatic polyisocyanate manufacturing facility ink India as part
of its strategy to grow its business in the country and strengthen its position
as a market leader in the supply of polyurethane raw materials.
In an effort to better serve the batch, custom and
specialty chemical industry, SOCMA members voted on March 19th to change the
organization’s name from the Synthetic Organic Chemical Manufacturers
Association to the Society of Chemical Manufacturers and Affiliates.
According to this AP article, General Motors began the process of reducing its white-collar workforce by laying off 160 employees - mostly engineers - on Tuesday.
Industrial Copolymers, a Lancashire, UK-based manufacturer of high-performance resins and polymers for the coatings, adhesives and sealants industries, has announced it will trade under the name Incorez effective April 1, 2009.
The House has passed a bill levying a heavy tax on bonuses paid to employees at companies that have received at least $5 billion in government bailout money.
Citing ever-increasing losses, the U.S. Postal Service has postponed the release of the fourth set of stamps in its “Flags of Our Nation” series until 2010.
The Dow Chemical Co. announced today that it has reached agreements with Rohm and Haas and certain of its shareholders that permit Dow to close the acquisition of Rohm and Haas on substantially altered financial terms by April 1, 2009.
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