On June 24, 2010, the U.S. House of Representatives passed legislation limiting the amount of formaldehyde emissions from composite wood products to 0.09 parts per million as of January 1, 2012; the U.S. Senate passed the measure on June 14.
The Dow Chemical Co. (DOW) and Mitsui & Co. Ltd. of Tokyo, Japan, have signed a definitive agreement to form a 50/50 manufacturing joint venture to construct, own and operate a new membrane chlor-alkali facility located at Dow’s Freeport, TX, integrated manufacturing complex.
AkzoNobel's ambitious growth plans for Asia were underlined when the company announced that it plans to double its current revenue in China within five years. A target of $3 billion has been set for 2015, with China poised to play an integral role in AkzoNobel's strategic focus on the world's growth regions.
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