The week's business headlines

Soda ash prices on the rise
Oct. 1, customers for Houston’s FMC Wyoming Corp. will see an increase of $10 per short ton for off-list prices on all grades of soda ash, a major material used in glass production, according to a Sept. 14 article from Chemical News & Intelligence. Most other producers are doing the same, according to the article…read more

DuPont responds to cost pressure with price hike
DuPont Glass Laminating Solutions of Wilmington, Del., will hike its global rates 10 percent Oct. 1 to keep up with increases in petrochemical feedstock, energy rates and freight costs…read more

PPG to pay $120 million for settlement and environmental cleanup
In the third quarter, Pittsburgh-based PPG Industries Inc. recorded $106 million in after-tax charges for environmental remediation and $14 million in fees to settle an antitrust lawsuit, according to a Sept. 27 article from Reuters.

The company’s earnings-per-share are expected to slip 72 cents in the quarter because of the charges, but officials say the impact of the environmental remediation will be manageable, because it will be paid over time, according to the article…read more 

Guardian plans float facility in Russia
Officials from Guardian Industries Corp. announced in a Sept. 27 release that the company will build a $200 million float and coated glass plant in Ryazan, Russia…read more