Harald Hammer Appointed Chief Executive Officer of Borouge Marketing Company

Harald Hammer appointed Chief Executive Officer of Borouge Marketing company.Borouge, the provider of innovative plastics solutions in the Middle East, Asia Pacific and Africa, today announced the appointment of Harald Hammer as Chief Executive Officer of Borouge Pte Ltd, its Singapore-headquartered marketing company.

Rhodia Polyamide announces a price increase for Adipic acid in Europe

Rhodia Engineering PlasticsLyon, France - January 8th, 2007 – In response to the continuing and lasting trend of rising raw material costs, Rhodia Polyamide announces a 70€ /t price increase effective January 1st, 2007.

Avec le nouveau véhicule électrique révolutionnaire de General Motors, qui utilise la technologie ecomagination* de GE, les conducteurs vont pouvoir passer moins souvent à la pompe

Chevrolet Volt>DETROIT — 7 janvier 2007 — Il y a près de 100 ans, Thomas Edison rêvait de voir l'électricité devenir un moyen de propulsion automobile viable. Désormais, grâce aux efforts de General Motors et General Electric, ce rêve n'est plus très loin de se réaliser. Aujourd'hui, General Motors, avec la participation de GE, dévoile son nouveau concept car, la Chevrolet Volt, à l'occasion du Salon Automobile International de Detroit. Le système de propulsion hybride E-Flex de la Volt apporte à des problèmes énergétiques et types de conduite locaux une palette de diverses solutions d’énergie de transport.

Borealis Film and Fibre VP Harald Hammer appointed as CEO of Borouge Pte Ltd

Harald Hammer appointed Chief Executive of Borouge marketing companyBorealis Film and Fibre Vice President Harald Hammer has been appointed Chief Executive Officer of Borouge Pte Ltd as of January 1, 2007, replacing Hubert Puchner. Puchner, who after five years of leading Borouge through a period of strong growth, will take up the post of Executive Vice President of AgroLinz Melamine International (AMI) in Linz, Austria, managing the company’s global melamine business. He will remain a member of the Borouge Board.

New Managing Director for DNV Benelux, UK and Ireland

As from 1 January 2007, DNV (Det Norske Veritas) has appointed Tom Backelin (left) as Managing Director for DNV Benelux, UK and Ireland. Tom will be taking over from Richard Stolk (right). Richard has been appointed Director of Operations in North and Central America.Rotterdam, 10 January 2007 – As from 1 January 2007, DNV (Det Norske Veritas) has appointed Tom Backelin as Managing Director for DNV Benelux, UK and Ireland. Within this capacity, he will be responsible for the operational and commercial activities in these countries. Tom, who has been with DNV since 1974, is a highly experienced manager who has held multiple high-profile positions within DNV and has lots of experience in the geographical regions that are part of his new post. ‘Within my new capacity, I shall further develop the policy pursued by Richard Stolk with the following objective: protecting life, property and providing further support for the environment’, Tom Backelin explains. ‘Through the new organisation and a new office in the Netherlands, the preconditions to further develop our strong market position in the field of certification have been met’.

OMV and IPIC plan to consolidate their chemistry activities into subsidiary Borealis

Borealis• OMV and IPIC intend to incorporate their respective 50% shares of AMI Agrolinz Melamine International into their joint subsidiary Borealis within the first half of 2007
• Changes in the AMI Supervisory Board as of January 1, 2007
• OMV continues to focus on core business

OMV, Central Europe's leading oil and gas group, continues to focus on its core business: Exploration & Production, Refineries & Marketing and Gas. In this context OMV, together with its core shareholder International Petroleum Investment Company (IPIC), is planning on incorporating AMI Agrolinz Melamine International GmbH (AMI), one of the leading international producers of melamine and plant nutrients into Borealis. OMV and IPIC each hold 50% of AMI. The final decision will be made in the course of the first half of 2007.

CHEMTURA ANNOUNCES EUROPEAN PRICE INCREASE ON TIN STABILIZERS, MIXED METALS AND PLASTICIZERS

ChemturaChemtura Corporation (NYSE:CEM) announced a 7-9% increase of European selling prices on all tin stabilizers, a 5% increase on all mixed metals stabilizers and a 5 Eurocent increase on all plasticizers for all package sizes, effective immediately or as contract terms permit. The increase is due to higher raw material costs. Customers having questions are asked to contact their account representatives.