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February 28, 2013
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News for American Chemistry

Top Story 
Is Pricing Low Your Strategy to Success? Think again.
Pricing is the heart of a business. It affects everything you do and is affected by everything you do. Economists talk of supply and demand as key factors behind pricing—successful entrepreneurs manipulate demand by making their products more desirable. These six steps will help you determine the right price for your product or service, read the article and learn how to get pricing right.

Policy Watch 
  • GlobalChem a forum for industry, regulatory collaboration
    The GlobalChem conference offered an opportunity for industry and regulatory leaders from the U.S. and internationally to discuss key issues and look for areas of collaboration, the American Chemistry Council writes in this blog post. "In addition to moving TSCA modernization forward here in the U.S., strengthening international regulatory cooperation will be critical to enhancing safety, fostering innovation, boosting exports and driving real, tangible growth around the world," said ACC President and CEO Cal Dooley. AmericanChemistry.com/American Chemistry Matters blog (2/27) LinkedInFacebookTwitterEmail this Story
  • Sen. Vitter unveils comprehensive energy bill
    A bill unveiled by Sen. David Vitter, R-La., seeks to boost oil and natural gas development and give producing states larger shares of drilling revenues. "There's no disputing the fact that our nation's domestic energy production on federal lands has been stymied by this administration and is trending in the exact opposition direction of the rapid growth we're seeing on private and state lands," Vitter said. The measure "would help to reverse the trend" by expanding domestic energy development, he said. The Times-Picayune (New Orleans) (2/27) LinkedInFacebookTwitterEmail this Story
  • Study: U.S. gas production to increase through 2040
    Natural gas production in the U.S. will continue to increase through 2040, spurred by the development of the Barnett Shale in Texas and other shale formations across the country, according to a report by the University of Texas. The study, which analyzed 15,000 wells in the Barnett, determined that the formation will yield more than 44 trillion cubic feet of natural gas. The Wall Street Journal (2/27) LinkedInFacebookTwitterEmail this Story
  • Other News

Research & Innovation 
  • Innovation, cheap natural gas drive manufacturing jobs back to U.S.
    The U.S. is regaining manufacturing jobs because of the availability and price of natural gas and the country's leadership in innovation, writes DSM North America President Hugh Welsh. "For the first time in decades, several key economic drivers have created a competitive advantage for the U.S. that will encourage corporate strategic decisions on capital allocation and acquisitions for generations to come," he writes. Business Insider (2/27) LinkedInFacebookTwitterEmail this Story
 
  • Kullman: DuPont has an edge in cellulosic ethanol
    DuPont has a better shot at bringing cellulosic ethanol to the market than other companies because it has been working on the technology for 10 years, CEO Ellen Kullman said. The project is an example of the importance of value-chain collaboration in sparking innovation, she said Tuesday at the Department of Energy's Energy Innovation Summit. GigaOm (2/27), SmartBrief/SmartBlog on Leadership (2/27) LinkedInFacebookTwitterEmail this Story
 
Leadership & Management 
  • Becoming the boss can be like being swept overboard
    Abruptly being promoted into a leadership position is like being swept into "turbulent seas ... without a visible lifeboat," writes Art Petty. To stay afloat, it's important to be realistic about your new role, to work hard and humbly, and to support subordinates and superiors. "[I]t's up to you to sink or swim," Petty writes. ArtPetty.com (2/24) LinkedInFacebookTwitterEmail this Story
ACC News 
  • Monthly resin market data for 2013 now available from ACC
    ACC's resin reports are recognized as a leading data source on the plastics resins industry. Based on detailed surveys of major North American producers, ACC publishes authoritative industry reports on production and end use sales for major plastic resins. Go online for complete details including sample reports, 2013 subscription pricing and how to order. LinkedInFacebookTwitterEmail this Story
Learn more about the
American Chemistry Council ->
americanchemistry.com  |  Impact Chemistry: Make Your Voice Heard!

SmartQuote 
He that will not apply new remedies must expect new evils; for time is the greatest innovator."
--Francis Bacon,
British author and statesman


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