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Material Insights: Oct. 11, 2010

October 11, 2010

One of six indicted officials with defunct compounder Gitto Global Corp. pleads guilty to fraud and related charges in this week's episode of Material Insights. Plastics News senior reporter Frank Esposito has details of that and of Dow Chemical's sale of its 50 percent stake in a polycarbonate-making joint venture to South Korea's LG Chem. Also, German chemicals producer BASF SE is establishing a new business unit -- Styrolution -- that will integrate the bulk of its styrenics operations.