Archive for January, 2007

GE profit meets forecast

email January 24th, 2007

GE profit meets forecast
MSN MoneyCentral - The plastics business has been a weak spot for GE for the past year, hurt by the high price of key raw material benzene. “We are currently reviewing the potential disposition of our plastics business,” Immelt said. Analysts have said the unit could

The Legacy of the Exxon Valdez Oil Spill

email January 23rd, 2007

The Legacy of the Exxon Valdez Oil Spill
OhmyNews - Back then, the focus of oil toxicity was benzene and its derivatives. Benzene is one aromatic “ring” that dissolves quickly in water and evaporates quickly in air. It’s the primary component in gas vapors released when you fuel your car, for example

Senators want to toughen air rule Benzene limit deemed too lax

email January 22nd, 2007

Senators want to toughen air rule Benzene limit deemed too lax
Seattle Post Intelligencer - WASHINGTON — In a unified threat to the Environmental Protection Agency, all four senators from Washington and Oregon demanded Friday that a proposed standard for regulating the cancer-causing chemical benzene be toughened so that higher levels are

GE’s word for would-be buyers: Plastics

email January 21st, 2007

GE’s word for would-be buyers: Plastics
CNN Money - The plastics business faced margin pressure in 2006 as a result of the rising price of benzene, a key raw material. Lloyd Trotter, the GE vice chairman who serves as president and chief executive of GE’s industrial unit, told investors late last year

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