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September 21, 2012
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News for American Chemistry

Top Story 
How Much Do You Really Need to Make? The Answer May Shock You
Rather than focus on what you can afford to pull out of the business to cover your living expenses, you need to focus on how much you need to earn at your business in order to afford the lifestyle you want to have. This is where the Personal Earnings Goal, or PEG, comes into play. Learn how to calculate your PEG and find out how much you really need to make.

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
Building Workplace Trust 2015
Interaction Associates' 6th annual research study tracking trust on the job, Building Workplace Trust, is out, and more than half of employees surveyed give their organizations low marks for trust and leadership. Yet this year's findings again point to how high trust leads to better outcomes and financial results — and even boosts innovation.

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
Whitepaper: SDN: How do you get there from here?
Are the growing data needs of mobile, cloud, big data and social threatening today's enterprise networks? Scalable processes, a phased integration approach and the appetite to optimize over time are key components of a modern network. It's how agile organizations prepare for the data needs of tomorrow.
Explore the whitepaper to start down the path toward SDN.

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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American Chemistry Council ->  |  Impact Chemistry: Make Your Voice Heard!

Even if you fall on your face, you're still moving forward."
--Victor Kiam,
American businessman

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