updated 12/6/2010 3:45:43 PM ET 2010-12-06T20:45:43

NORWALK, Conn., Dec. 6, 2010 (GLOBE NEWSWIRE) -- Michael E. Campbell, Chairman, President and CEO of Arch Chemicals, Inc. and a long-time member of the Advisory Committee For Trade Policy and Negotiations, today called on American companies and workers to encourage Congress to ratify the Korea-United States Free Trade Agreement. Trade officials from both countries just announced that they have come to terms on issues that have held up ratification of this agreement for almost three years.

"This is the largest free trade agreement since NAFTA, and it will provide significant economic benefits for both countries," said Mr. Campbell.  "It is of particular significance for the United States because the increase in U.S. exports to Korea will provide jobs for thousands of American workers, just when jobs must be the most important focus of U.S. economic policy."

"This agreement confirms this Administration's commitment to expanding jobs by opening markets for American exporters," Mr. Campbell continued.  "President Obama and U.S. Trade Representative Kirk  –  along with their counterparts, President Lee and Trade Minister Kim  –  are to be congratulated for finding constructive and creative solutions to the concerns that have held up ratification of this agreement."  

Having served on the trade Advisory Committee since 2005, Mr. Campbell was reappointed as a member by President Barack Obama in September 2010. Mr. Campbell is also a member of the Committee's China Task Force.

Headquartered in Norwalk, Connecticut (USA), Arch Chemicals, Inc. is a global Biocides company with annual sales of over $1 billion.  Arch and its subsidiaries provide innovative, chemistry-based and related solutions to selectively destroy and control the growth of harmful microbes.  The Company's concentration is in water treatment, hair and skin care products, wood treatment, preservation and protection applications such as for paints and building products, and health and hygiene applications.  Arch Chemicals operates in two segments:  Biocides Products and Performance Products.  Together with its subsidiaries, Arch has approximately 3,000 employees and manufacturing and customer-support facilities in North and South America, Europe, Asia, Australia and Africa. For more information, visit the Company's Web site at http://www.archchemicals.com .

CONTACT:  Arch Chemicals, Inc.
          Investor Contact:  
            Mark E. Faford 
            (203) 229-3820
          Press Contact:   
            Dale N. Walter   
            (203) 229-3033

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com