GLG News by Specialty Chemical Experts

John WilkersonExecutive DirectorBELLWETHER SERVICES, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Green Product Development- An Investor Near Term Outlook

April 19, 2010

Navy and Marines Aim for a Leaner, Greener Fighting Machine | www.nytimes.com

History tells us that all types of products, concepts and ideas are generated during military conflicts. The Green Revolution is no different. Check out this analysis and potential early investment and trading opportunities.

Lewis Gaines, Former Market Manager

Lewis GainesFormer Market ManagerINFINEUM INTERNATIONAL LTD What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Lubrizol and BASF Consider Cognis Purchase

April 15, 2010

Cognis sale heats up as Lubrizol joins fray | www.reuters.com

Cognis offers an attractive mix of chemical speciality products with potential synergies for both Lubrizol and BASF. Lubrizol, frustrated by its slow growing additive markets and flush with cash, is being drawn to Cognis's complementary products in ester lubricants, gear oils and metalworking. BASF is striving to improve margins. Cognis's extensive product line might be best split between the two companies.

Ian Davenport, President

Ian DavenportPresidentDavenport Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Acrylic Acid/ Acrylate Prices Hit Record Highs

April 9, 2010

The recent global market disruptions continue. Two more producers have announced product allocations in North America. Nervous buyers propel prices higher.

John WilkersonExecutive DirectorBELLWETHER SERVICES, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Managing Investor Sustainability Risk as Senate Rolls Out Energy Proposal

April 6, 2010

How companies manage sustainability: McKinsey Global Survey results | www.mckinseyquarterly.com

Most Senior Business Executives consider Sustainability as very or extremely important to over overall corporate strategy per the source article. Yet many companies are not proactively managing this challenge as U.S. House Bill 2454, American Clean Energy and Security Act of 2009 is passed and the U.S. Senate Climate Change Bill is proposed. What are implications for the investment community?

Paul Hodges, Chairman

Paul HodgesChairmanInternational eChem What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Propylene and butadiene prices rise above ethylene in Europe

March 27, 2010

The arrival of the new ethane-based crackers in the Middle East is starting to have its anticipated impact on olefin markets. This week, for the first time ever, European contract prices for propylene and butadiene were settled higher than ethylene. This is the first sign of the major impact that this new capacity will have on world markets, as demand growth continues to disappoint.

John WilkersonExecutive DirectorBELLWETHER SERVICES, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Can You Afford To Sell During This Rally- EPA Greenhouse Gas Reporting Impact

March 26, 2010

Are You Ready for the EPA, January 2010, GHG Reporting Requirements? | greeneconomypost.com

It seems decades ago that the 2008 Congress approved the current Greenhouse Gas reporting rule intended to improve air quality. Industries such as utilities,oil & gas, retail manufacturing, transportation and many importers must declare there greenhouse gas data collection and reporting methodology as soon as April 2010. Why is this a big deal? What are the risks?

John WilkersonExecutive DirectorBELLWETHER SERVICES, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Retail Manufacturers are listening to Consumers and Government Green Demands

March 24, 2010

PepsiCo Launches Pilot Program to Reduce Carbon Footprint of Tropicana | www.beverageworld.com

More than a year ago PepsiCo launched a carbon footprint reduction initiative for select premium brands, well ahead of the January 2010, Security Exchange Commission Climate Change interpretive guidance announcement. PepsiCo has reported that reduced carbon emissions equals reduced operating costs. How will the Security Exchange Commission (S..E.C). influence retail manufactures in 2010?

John WilkersonExecutive DirectorBELLWETHER SERVICES, LLC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

SEC Ruling- Another Retail Manufacturing- Greenhouse Gas Emissions Driver

March 22, 2010

S.E.C. Adds Climate Risk to Disclosure List | www.nytimes.com

The Security Exchange Commission published new Climate Change Risk Reporting Guidance. This guidance requires companies to disclose Physical, Financial and other Risks from actual Climate Change. Will climate change risk impact institutional investing? Who are the industry leaders? What are the implications for other service, manufacturing, and retailing firms?

Ian Davenport, President

Ian DavenportPresidentDavenport Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

New Diaper - Is it Really a Big Environmental Win?

March 17, 2010

P&G Puts Billions Behind Sustainability | www.brandweek.com

P&G should be applauded for attempting to reduce waste. Does Pampers® Dry Max truly help achieve this goal and benefit the environment?

Ian Davenport, President

Ian DavenportPresidentDavenport Associates What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

No end to agony for the Coatings and Adhesive Industry, as Acrylic prices rise?

March 17, 2010

Cost increases continue unabated for producers of coatings and adhesives | councils.glgroup.com

Problems for US industry have increased since our analysis of Feb.12th. As of 9th March Dow Chemical announced Force Majeure for Glacial Acrylic Acid (GAA and GAA-FG) manufactured at Deer Park, Texas. Propylene continues short forcing costs up irrespective of availability. What will be the impact on the spring ‘coatings season’?

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