3M plans to combine its assets from five businesses into four, focused on safety and industrial, transportation and electronics, health care and consumer. The company expects the safety and industrial unit and transportation and electronics unit to reach $12 billion and $7 billion in annual revenue, respectively.
The Environmental Protection Agency should maintain the Mercury and Air Toxics Standards, a bipartisan group of six senators wrote in a letter to the agency. "Keeping the 'appropriate and necessary' finding in place and protecting the rules provides much-needed regulatory certainty for the electric power industry and consumers," they wrote.
Legislation that would bar polystyrene foam food containers in Maryland is awaiting Gov. Larry Hogan's approval, potentially resulting in a ban that the American Chemistry Council says "could lead to increased solid waste, energy use, water use, and greenhouse gas emissions." Compared with foam, paper- and corn-based alternatives use more water and energy, according to a Franklin Associates report.
Job cuts at Eastman Chemical and reduced earnings estimates for industry players such as Huntsman indicate that the chemical industry is having a sluggish start to 2019, writes Alexander Tullo. Eastman attributed some of its challenges to trade issues between the US and China and an economic slowdown in Europe and China.
People who consider themselves servant-leaders will help teams feel supported by asking for creative solutions and making room for them to emerge as leaders themselves, writes Keith Corbin. "Servant-leadership is not about taking the easy way, it is about bettering those around you and helping them grow," he writes.
The US supports strong global action on plastic waste but is opposed to a "prescriptive" approach, said delegates during a UN assembly on Friday. The US delegation also noted that plastic alternatives can have unintended consequences, and that waste management efforts should be prioritized in the six Asian nations that produce the most marine plastic debris.
The American Chemistry Council supports an Environmental Protection Agency rule filed with the Federal Register on Friday banning the production, importation and sale of methylene chloride for consumer use. The ACC also supports the EPA's proposal to establish "an enforceable federal workplace training program for" the chemical's commercial applications.
California regulators have dismissed an appeal filed by the American Chemistry Council calling on the state to reconsider the listing of spray polyurethane foam as a priority product under its Safer Consumer Products program. "[T]he lack of transparency within the listing process requires improvement and drives the expenditure of public and private resources to conduct an alternatives analysis with an unclear goal," says ACC's Lee Salamone.
Evonik has combined its oil additive business with its specialty methacrylate monomers to form a new global division jointly focused on the segments. "The integration just made sense since oil additives is the specialist for Polyalkylmethacrylate-based additives for the lubricant industry," says executive Matin Trocha.
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