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WEEK AGO 278.98 Pharmaceuticals & Fine Chemicals "-,:- )"-*%& 4 33 Daiichi Sankyo to buy majority stake in Ranbaxy QUARTER AGO 248.30 / 1301:-#30.*%& 33 Sun Pharma and Taro wrangle over merger YEAR AGO 212.00 / #65:-#30.*%& 05)&34w *Jan. 1, 2002 = 100.

%*#30.01&/5"/& 44 Chemical stocks are flat on U.S. economic concerns %*#30.01&/5"/& #30.0 $)-0301301"/& Departments 7 Viewpoint 43 key Changes 43 Leading indicator: Indicator rebounds 43 Features 42 marketplace /NE 'ARY 2OAD 5NION .* 4EL &AX 43 % MAIL GJOBIN MORRETEC COM WWW MORRETEC COM

SPeCiALTY ChemiCALS

35 Paints & Coatings: Demand to
remain Soft This Year

The weak U.S. automotive and housing markets as well as rising energy and raw material costs are hurting small- to mid-size paintmakers, in particular, and are likely to spur further restructuring in the paint industry, suppliers and formulators say.

1& 15*%& $)&.*453: %**401301:-$"3#0%**.*%& / / %**401301:-&5):-".*/& 05)&34w

New Construction Projects

24 Shell and CNOOC plan to expand China cracker • Evonik plans methyl mercaptan plant and methionine hike • BASF is unlikely to invest in Thai HPPO complex • Jacobs lands polysilicon contract in Italy • IndianOil shelves Paradip, India petchem plan • Axens provides aromatics technology to Saudi Arabia

basic Chemicals & Plastics

37 Asia present opportunities for plastics makers

37 Digest: LyondellBasell to close Texas PP compounding unit • Solvay increases hydrofluoric acid and soda ash prices

37 Ineos lifts PP force majeure

37

39 Product Focus: Acrylonitrile 40 CW Price report

regulatory

41 Court upholds EPA and ACC in landmark clean air case

41 Climate bill dies in U.S.

Senate

41 Grace seeks high court review of asbestos ruling 41

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