Subway: ‘Yoga Mat Chemical’ Almost Out Of Bread

English: Chemical structure of azodicarbonamide

English: Chemical structure of azodicarbonamide (Photo credit: Wikipedia)

 — Subway says an ingredient dubbed the “yoga mat chemical” will be entirely phased out of its bread by next week.

The disclosure comes as Subway has suffered from an onslaught of bad publicity since a food blogger petitioned the chain to remove the ingredient.

The ingredient, azodicarbonamide, is approved by the Food and Drug Administration for use in food as a bleaching agent and dough conditioner. It can be found in a wide variety of products, including those served at McDonald’s, Burger King and Starbucks and breads sold in supermarkets. But its long, unfamiliar name has an unappetizing ring, and the petition became a flashpoint in part by noting that the chemical is also used to make yoga mats.

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DuPont Rises On Plan To Split The Company

Map of Delaware

Map of Delaware (Photo credit: Wikipedia)

Shares of DuPont Co. rose modestly this morning to above $65.50 — a 13-year high — after last night’s announcement that the Wilmington-based chemical giant plans to spin off its profitable but volatile Performance Chemicals business, and its related fluorochemicals and titanium-dioxide (white-paint-base) factories, including a TiO2 plant at Edge Moor, Del., over the next year and a half. The new company will have sales of around $7 billion a year, vs. $28 billion for what’s left of DuPont.

Read more at http://www.philly.com/philly/blogs/inq-phillydeals/DuPont-rises.html#O1lLQVZKVo1HmYO2.99

PPG Completes $1.05 Billion Acquisition Of Akzo Nobel Coatings Unit

PPG Place in downtown Pittsburgh, Pennsylvania.

PPG Place in downtown Pittsburgh, Pennsylvania. (Photo credit: Wikipedia)

PPG Industries said today it completed its $1.05 billion acquisition of Akzo Nobel‘s North American architectural coatings business.

The purchase, the second largest in PPG’s history, strengthens the Pittsburgh company’s paint and coating business, which is anticipated to benefit from a revival of the U.S. housing market.

Read more: http://www.post-gazette.com/stories/business/news/ppg-completes-105-billion-acquisition-of-akzo-nobel-coatings-unit-681682/#ixzz2PGEFDIdD