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Lotte Chemical-polybutadiene rubber

SEOUL, March 13 (Yonhap) -- Lotte Chemical Corp., a South Korean petrochemical company, said Wednesday that it will launch a new synthetic rubber business by joining hands with Japanese firms. To that end, Lotte Chemical, formerly known as Honam Petrochemical Corp., will form a joint venture with Japanese chemical firm Ube Industries Ltd. and Japanese trading firm Mitsubishi Corp. to manufacture and sell polybutadiene rubber and build a plant in Malaysia, the company said.

Pot's OK but Styrofoam is 'terrible': Bloomberg

Billionaire New York mayor Michael Bloomberg promised eye-catching changes Thursday for his last days in office, including reduced penalties for marijuana possession and a ban on Styrofoam cups. Cheerleaders danced and the Jay-Z and Alicia Keys hit "Empire State of Mind" blasted out as the three-term mayor came to the podium to give his final annual State of the City speech. The razzmatazz honored Bloomberg on his birthday but also the start of the countdown to his departure from City Hall, where he took office at the start of 2002 and will step down next January.

New York mayor seeks to ban Styrofoam

By Edith Honan NEW YORK, Feb 13 (Reuters) - New York City Mayor Michael Bloomberg will propose a ban on Styrofoam, the substance commonly used for take-out food containers that is almost impossible to recycle. The mayor who has already targeted fat, sugar and salt in the city will turn to extruded polystyrene foam, saying it clogs up landfills, does not biodegrade and might harm human health.
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