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Septon Co. of America will boost prices for its Septon, Hybrar, LIR, Isobam and Kuramiron brands by 16 cents per pound for all markets in North and South America, effective July 15.

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Connecticut Attorney General Richard Blumenthal has announced an investigation into the distribution and sale of recalled Chinese light truck tires manufactured by Hangzhou Zhongce Rubber Co. and warned tire dealers against selling them.

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Four Democratic U.S. senators -- Carl Levin and Debbie Stabenow of Michigan, Sherrod Brown of Ohio, and Robert Casey of Pennsylvania -- have sent a letter to President Bush, urging him to push the National Highway Traffic Safety Administration to expedite the recall of 450,000 Chinese light truck tires.

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Basell and Huntsman Corporation have announced today that they have signed a definitive agreement pursuant to which Basell will acquire Huntsman in a transaction valued at approximately USD 9.6 billion, including the assumption of debt.

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BOWIE, Maryland Imported casings and the retreaded tires made from them are not subject to federal excise taxes, the Internal Revenue Service (IRS) has told the Tire Industry Association (TIA).

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WASHINGTON D.C. - The National Highway Traffic Safety Administration has ordered a recall of an estimated 450,000 Chinese-made light truck tires that allegedly have been implicated in at least two road accidents in the past year, one of which resulted in fatalities.

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CHARLOTTE, North Carolina - Carlisle Companies Inc. has appointed David Roberts, formerly the top executive of fluid-handling equipment maker Graco Inc., its new chairman, president and CEO, effective today.

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Goodyear will close its plant in Collingwood, Ont., leaving 165 people without jobs.

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RohmNova plans to increases prices by 5 cents per pound on all of its acrylic and vinyl-acetate based latices and additives sold to the North American paper and paperboard industries.

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The U.S. Senate has passed an energy bill that would require all cars, light trucks and sport-utility vehicles to meet a corporate average fuel economy of 35 mpg by 2020.

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