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House Passes Bill Taxing AIG Bonuses (3/19/09)

March 19, 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.
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USPS Postpones Stamp Series Until 2010 (3/18/09)

March 18, 2009
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.
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Eastman to Reduce Costs by $100 Million (3/10/09)

March 10, 2009
Eastman Chemical Co. has announced plans to reduce costs by more than $100 million in response to the ongoing global economic recession.
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Dow Reaches Agreement to Close Rohm and Haas Acquisition (3/10/09)

March 10, 2009
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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DOW TO RAISE PRICES OF OXYGENATED SOLVENTS PRODUCTS (3/3/09)

March 3, 2009
The Dow Chemical Co., Midland, MI, has announced that it will raise Oxygenated Solvents prices in North America by 4 to 5 cents per pound effective April 1, 2009. The
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HENKEL ANNOUNCES INCREASED SALES AND EARNINGS (3/2/09)

March 2, 2009
Henkel recently announced the following sales increases and earnings: Strong sales growth of 8.1% to €14.1 billion Organic sales growth of 3.0% Adjusted operating profit*: +9.1% to €1.495 million Adjusted
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CLARIANT AND XL PERFORMANCE CHEMICALS ANNOUNCE STRATEGIC ALLIANCE (2/16/09)

February 16, 2009
Clariant’s Functional Chemicals Division and Dalton, GA-based XL Performance Chemicals have embarked on a strategic alliance to provide the $2.3 billion worldwide foam-control market with products for a diverse array
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VENTURE TAPE CORP. COMPLETES ACQUISITION OF COMPAC CORP.'S PRESSURE SENSITIVE ADHESIVES ASSETS (2/16/09)

February 16, 2009
Venture Tape Corp., a subsidiary of 3M, announces that it has completed its acquisition of Compac Corp.’s pressure sensitive adhesive (PSA) tape assets from Lamtec Corp. Terms of the transaction
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HUNSTMAN SUSPENDS WORK ON PLANNED MDI PLANT IN EUROPE (2/16/09)

February 16, 2009
Huntsman Corporation announces it has suspended work on design and feasibility studies for its planned investment in a new methylene diphenyl diisocyanate (MDI) plant at its site in Rozenburg, the
Read More

H.B. FULLER OPENS ASIA PACIFIC TECHNOLOGY CENTER IN SHANGHAI (2/16/09)

February 16, 2009
H.B. Fuller Co. has announced the opening of its regional technical center in Shanghai Zhangjiang Hi-Tech Park, China with a view to promote in-market research and development and applications testing.
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