LyondellBasell Industries has taken steps to temporarily idle its low-density polyethylene units at Carrington, UK, and Fos-sur-Mer, France, into the second quarter of 2009. The Carrington unit has a nameplate capacity of 185 KT per year, and the Fos plant has a nameplate capacity of 110 KT per year.
RPM International Inc. has announced that its subsidiary, Carboline Co., acquired a 49-percent interest in its Chinese licensee, Carboline Dalian Paint Production Co., Ltd. (Carboline Dalian).
Driven by current economic conditions and overcapacity for low-density polyethylene (LDPE) in the North American marketplace, The Dow Chemical Co. has announced the shutdown of its Poly 2 LDPE plant in Freeport, TX.
Industrial Nanotech Inc., an emerging nanotechnology company, has announced that the company maintained a triple-digit, year-over-year revenue growth for the fourth consecutive year, with gross revenues in 2008 of $1.414 million.
Empils, a leading Russian manufacturer of decorative paint and varnish coatings, has reported that the total 2008 sales volume of paints and varnishes manufactured by its Russian and Ukrainian plants amounted to 3.490 billion rubles, an increase of 10 percent from 2007.