BOSTON: Purchasers of carbon black in the U.S. are advised that the two outstanding defendants, Cabot Corp. and Columbian Chemicals Co., have agreed to a joint settlement amounting to USD16 million with claimants.

Dow Corning Corp. reported consolidated adjusted net income of USD 176.7 million for the second quarter of 2007 -

Solvay accounts stable sales of EUR 4808 million (+1 %) for the first half of 2007.

Dow Corning, Midland, MI, USA, has added five surfactants to its product offerings.

AKRON: Veyance Technologies Inc. has purchased the assets of Industrial Specialty Fabrics of Hogansville, Georgia, for an undisclosed amount to strengthen its North America position in the conveyor belt industry.

Source: Vietnam News Agency, Hanoi; 7 Aug 2007

FULLERTON, California - Yokohama Tire Corp.’s Salem, Va., tire factory has received ISO 14001 Environmental Management System status.

AKRON: Goodyear named W. Mark Schmitz executive vice president and chief financial officer, succeeding Rich Kramer who earlier this year was named president of North American Tire.

GREENVILLE, South Carolina (Aug. 7) Michelin North America Inc. will spend USD350 million to expand each of its four manufacturing plants in South Carolina over the next four years.

AKRON: Weak credit market conditions prompted Goldman, Sachs & Co.´s private equity firm to postpone a USD950 million financing package it was going to use toward the purchase of Myers Industries Inc., according to published reports that were confirmed by the two companies.