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September 21, 2012
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News for American Chemistry

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Policy Watch 
  • Rep. Terry plans to promote long-term energy plan after elections
    Rep. Lee Terry, R-Neb., seeks to promote a long-term energy plan after the elections that focuses on the country's abundant natural gas supplies. "I think when we look at a comprehensive energy policy next year, natural gas may be the epicenter of that conversation," Terry said. The lawmaker will hold discussions next week in Nebraska about whether such a bill could help "make sure that the game-changing supply of natural gas is actually used." Reuters (9/20) LinkedInFacebookTwitterEmail this Story
  • Arkema eyes specialty-chems expansion through acquisitions, new investments
    Arkema is looking to become a significant player in the specialty-chemicals sector by restructuring its business to produce more than $10 billion in 2015. The company is seeking to grow through acquisitions as well as through focusing its resources on countries with strong growth potentials. "Sales growth should be balanced between organic growth -- supported by innovation in sustainability and geographical expansion in high growth countries with a more balanced approach between China, India, Brazil and Middle-East -- and bolt-on acquisitions," according to the company. (9/20) LinkedInFacebookTwitterEmail this Story
  • Celanese eyes Asian ethanol markets
    Celanese, which has developed technology for converting coal and natural gas into ethanol, is projecting higher earnings as it explores opportunities in the Asian markets. The company aims to produce 1 million tons of ethanol in China for industrial applications by 2016 and is in negotiations to supply the transport-fuel market there and in Indonesia, said Chief Financial Officer Steven Sterin. "These aren't the only places where there are opportunities, but they are certainly the ones we are most excited about, we've made the most progress in, we think the value proposition is the strongest," Sterin said. Bloomberg Businessweek (9/20) LinkedInFacebookTwitterEmail this Story
  • Other News
Research & Innovation 
  • In a competitive industry, innovation is a weapon, says Bayer CEO
    Innovation is the "core competitive weapon" for companies such as Bayer, says CEO Marijn Dekkers. These days, all big firms have smart employees, access to capital and a global reach, so it's R&D where firms can really set themselves apart. "I think, in the end, the real difference is, in companies like ours, is our ability to innovate," Dekkers explains. Boston Herald (9/19) LinkedInFacebookTwitterEmail this Story
  • Other News
Leadership & Management 
  • Why the president doesn't pick his own sandwiches
    President Barack Obama only wears gray or blue suits and lets other people pick his lunch menu, in a bid to cut down on cognitive clutter and focus his attention on the decisions that really matter. That's a strategy other leaders should adopt, streamlining their lives to hoard their cognitive resources, writes Robert C. Pozen. "Making too many decisions about mundane details is a waste of a limited resource: your mental energy," he writes. Harvard Business Review online/HBR Blog Network/HBS Faculty (9/19) LinkedInFacebookTwitterEmail this Story
  • Smart bosses know that success breeds failure
    After every big triumph, bosses need to fight the urge to rest on their laurels -- or to allow their workers to do the same, writes Art Petty. "Success breeds hubris. ... The best leaders recognize that in victory, their next task is the hard work of guiding their teams back to that place where hunger and drive fuel their pursuits," Petty argues. (9/19) LinkedInFacebookTwitterEmail this Story
Featured Content 

ACC News 
  • Ohio's business leaders, policymakers discuss potential to power state's energy future from waste
    The American Chemistry Council (ACC) and Ohio Chemistry Technology Council (OCTC) co-hosted a policy forum yesterday that brought together state and industry leaders to highlight growth in recycling as well as innovations and investments in energy recovery in Ohio. The forum, hosted at the Rumpke Materials Recovery Facility (MRF) in Columbus, Ohio, included a discussion of recommendations to help state regulators and legislators develop programs and enact policies that will continue to promote energy recovery in Ohio. Read more on yesterday's policy forum. LinkedInFacebookTwitterEmail this Story
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