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October 19, 2012
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News for American Chemistry

Top Story 
  • Unconventional gas and oil drilling a boon for water-treatment firms
    The highly saline wastewater generated by hydraulic fracturing is expected to create demand for water treatment in the Marcellus Shale region. That demand is set to increase between 10% and 20% across North America each year through 2025 -- and there's room for creativity among water treatment companies. "It's a great industry for a water-treatment chemist and for a consultant -- everyone is still figuring things out," said desalination expert Tom Pankratz. Chemical & Engineering News (10/15) LinkedInFacebookTwitterEmail this Story
Policy Watch 
  • China is likely to tap shale gas for petrochemical uses
    The U.S. leads in the race to use shale natural gas for plastics and other petrochemical production, but China will be next, according to this analysis. "If you look at it in terms of who will be the first to commercialize shale gas and who will be second, No. 1 will be the U.S., but No. 2 will be China because they need new energy sources very fast," said Balaji Singh, president of Chemical Market Resources. PlasticsNews.com (10/19) LinkedInFacebookTwitterEmail this Story
 
  • Other News
Research & Innovation 
  • Could saltwater be the answer for fracking?
    Texas A&M University professor Stephen A. Holditch has proposed using saltwater for hydraulic fracturing operations as a way to quell water-shortage concerns. "All we need is one more chemist on location to tweak the recipe and we can start with saltwater and we can just eliminate the use of fresh water in application. We're working at Texas A&M to try to push that forward, along with other people," Holditch said. FuelFix.com (10/18) LinkedInFacebookTwitterEmail this Story
  • Other News
Leadership & Management 
  • You can't ignore manufacturing if you want to innovate
    Innovation doesn't begin and end with research and development, write Gary P. Pisano and Willy C. Shih. Manufacturing is also a critical part of the innovation pipeline, and companies -- or countries -- that neglect manufacturing are likely to be left behind. "Innovation is about moving the idea from concept to the customer's hands. ... If you do not understand the production environment, you have a harder time designing the product." HBS Working Knowledge (10/17) LinkedInFacebookTwitterEmail this Story
  • Top executives' value to a company is measured by Wall Street
    One way to value a company is to measure what a top executive was worth to the stockholders after he or she leaves the company. However, sometimes that number is a moving target, writes Panos Mourdoukoutas, as in the case with Vikram Pandit at Citigroup, where the market valuation of the company fluctuated significantly after his sudden departure. Forbes (10/17) LinkedInFacebookTwitterEmail this Story
ACC News 
  • ACC joins state business leaders in highlighting potential of Ohio's shale gas boom to fuel a manufacturing revival
    Ohio can leverage its abundant and affordable supplies of natural gas from shale to spark a manufacturing renaissance in the Buckeye State and across the country, American Chemistry Council President and CEO Cal Dooley said at a 21st Century Manufacturing Task Force hearing at a local DuPont facility.

    "Ohio can serve as a model for states planning to reduce energy costs and create a competitive advantage for local manufacturers by expanding natural gas production," Dooley said. "Ohio is uniquely positioned to capitalize on shale gas development that will kick start its economy, rejuvenate the industrial base and create thousands of jobs," Dooley testified. Read the full news release from ACC on Thursday's Ohio task force event. LinkedInFacebookTwitterEmail this Story
Learn more about the
American Chemistry Council ->
americanchemistry.com  |  Impact Chemistry: Make Your Voice Heard!

SmartQuote 
Not all those who wander are lost."
--J.R.R. Tolkien,
British writer, poet, philologist and professor


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