PHILADELPHIA, October 3, 2006 -- Rohm and Haas Company said today that it finalized the sale of its Automotive Coatings business to Nippon Paint Co., Ltd. (NPC). The business was sold for $230 million, plus a working capital adjustment.

U.S. automakers are on ice again at the White House, this time until July.

Ethanol would supply only 12 percent of America's motoring fuel, even if every acre of corn were used to produce fuel and not food, suggesting the fuel is no cure-all for U.S. consumers facing high gasoline prices.