The Business Review (Albany) reports that Colonie, NY-based Momentive Performance Materials Inc. has rescinded pay cuts instituted in March for 350 local workers.

The Associated Press reports that General Motors will pull the plug on Saab following a failed attempt to sell the brand to a Dutch automobile manufacturer.

Henkel Corp.’s electronics group has announced an extension of its representative network in the U.S.

Nordson Corp. has announced it will release fourth quarter and fiscal year 2009 earnings on Dec. 16 after the close of the market.

The American Chemistry Council and the Gulf Petrochemicals and Chemicals Association have released a joint statement announcing the signing of a Memorandum of Understanding “to collaborate on the establishment of a Responsible Care program for the benefit of GPCA’s members and their stakeholders."

Adhesives & Sealants Industry is pleased to announce that the United Soybean Board (USB) has begun a quarterly guest blog on the ASI Green microsite.

The Society of Chemical Manufacturers and Affiliates (SOCMA) has appointed Lawrence (Larry) D. Sloan as president and CEO, effective Feb. 10, 2010.

The Houston Business Journal reports on BASF’s planned sale of its Clear Lake, TX, manufacturing facility to Clear Lake Chemicals LLC, a subsidiary of Gulf Bayport Chemicals LP.

The Associated Press reports that LyondellBasell Industries recently received a buyout offer from Reliance Industries.

In the third quarter of 2009, Henkel generated sales of 3,485 million euros.