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i am looking at ICI for long position...look back in mid had news item related to insurance companies may be that there is some upcoming litigation from lead paint.

this may explain price decline over last 6 months

or it may simply be that chemicals are sensitive to the
petroleum price increases...or that this is "old economy"

however... they have been restructuring, shedding
commodity type products in lieu on niche coatings and paints (glidden for one). this may be worth running the numbers...
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