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December 13, 2012
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News for American Chemistry

Top Story 
  • Manufacturers hold off on investments ahead of "fiscal cliff"
    The "fiscal cliff" is creating uncertainty for major U.S. producers such as DuPont and 3M. "There has been some impact in the market as a result of the uncertainty that's out there generally in the economy and certainly accentuated by all of the indecision that we see in Washington right now. It has slowed the business," said David Meline, chief financial officer at 3M. DuPont CEO Ellen Kullman said her company is "not going to spend as much as we thought next year. We've looked at every program and asked, 'Can we spend less money now and delay some programs six months?' " Reuters (12/12), Reuters (12/12) LinkedInFacebookTwitterEmail this Story
  • Read more from ACC on the impact of the "fiscal cliff" and the importance of shale gas to continued to U.S economic growth  LinkedInFacebookTwitterEmail this Story
Nanomaterial Product Growth Amid Reg Uncertainty
NANOPARTICLES - Vague regulations have caused uncertainty among nanomaterial producers: limiting potential innovative research and applications, while also allowing manufacturers to implement applications without the need to assess safety. This Bloomberg BNA Insight analyzes all perspectives. Download the free white paper now and get 7 days FREE access to Chemical Regulation Reporter.
Policy Watch 
  • ACC: Alternatives to polystyrene have greater environmental toll
    Some U.S. cities are adopting bans on polystyrene cups and food packaging as a way to reduce litter. However, "once people see that the alternatives often have higher [environmental] impacts, they look at the issue differently," said Keith Christman, managing director of plastics markets at the American Chemistry Council. Paper-based food containers weigh more, have a higher carbon footprint and are not widely accepted by recyclers, Christman added. USA Today (12/12) LinkedInFacebookTwitterEmail this Story
  • Learn more from ACC about the benefits of polystyrene food packaging  LinkedInFacebookTwitterEmail this Story
  • Other News
Research & Innovation 
  • BASF's mar-resistant plastic helps Ford reduce VOCs
    Ford is using a mar-resistant resin developed by BASF for the window-switch trims of the automaker's 2013-model Fusion. BASF's resin allows Ford to eliminate the use of conventional clear-coat paint, saving 2,700 gallons of diesel used by trucks transporting the paint and 60,000 pounds of carbon dioxide emissions annually. Environmental Leader (12/12), (12/11) LinkedInFacebookTwitterEmail this Story
Leadership & Management 
  • Western companies must learn to be frugal
    Western companies should learn from the Indian concept of "jugaad," which is essentially the use of frugal innovation practices by Indian entrepreneurs, writes Peter Hesseldahl. Frugal business methods can open up huge markets, although companies must be prepared to make big changes. "Developments of frugal solutions require you to re-think the whole chain of business: from market research, design and development, through to marketing and distribution," Hesseldahl writes. (Sweden) (12/12) LinkedInFacebookTwitterEmail this Story
  • How social media makes companies more innovative
    Social media is potentially a powerful innovation-driver, writes Alexandra Samuel. Social chatter doesn't just provide real-time data -- it also creates pressure for change while highlighting "an area of business opportunity or vulnerability," she writes. "[I]f we do better with social today, we'll be better prepared to change and adapt tomorrow," Samuel adds. Harvard Business Review online/HBR Blog Network (12/11) LinkedInFacebookTwitterEmail this Story
ACC News 
  • ACC's Year-End 2012 Situation & Outlook is now available
    Gain insight into the short-term industry outlook with this semi-annual report issued in June and December. The report provides a summary of economic, end-use market, chemical and investment trends and outlook. It presents an up-to-date assessment of current conditions in the business of chemistry in the United States and globally, plus likely prospects for the upcoming year and beyond. Visit the ACC Store to purchase your copy today. LinkedInFacebookTwitterEmail this Story
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No problem can withstand the assault of sustained thinking."
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