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January 30, 2013
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News for American Chemistry

Top Story 
  • Plastics M&A trends to continue in '13, experts say
    Mergers and acquisitions increased in the plastics-materials sector in 2012, including PPG Industries and Georgia Gulf's formation of Axiall and Chemtura's divestment of two plastic-additive units. Market conditions allowed plastics M&A to be "decent in 2012 after a couple of tough years. And we expect 2013 to be a solid, strong year, but without radical growth," said Will Frame, managing director at Deloitte Corporate Finance. PlasticsNews.com (1/29), PlasticsNews.com (1/29) LinkedInFacebookTwitterEmail this Story
Policy Watch 
  • N.C. could increase pace of fracking assessment
    North Carolina's Mining & Energy Commission is facing calls to speed up its regulatory assessment due in October 2014, but House Speaker Thom Tillis said an accelerated timetable is unlikely. "There's a concern the process will not end on time to meet the drilling demand of the energy industry," said commission Chairman James Womack. The News & Observer (Raleigh, N.C.) (1/30) LinkedInFacebookTwitterEmail this Story
  • Other News
Research & Innovation 
  • DuPont wants R&D to be a growth driver for Indian operations
    DuPont expects India to become a top-five revenue contributor in the next few years. "We will double our research and development activities in India. We really need to bring science locally to the Indian industry. Despite science being global, solutions have to be local. ... Our centers in India would not only address local issues but their solutions would apply to global markets as well," said DuPont CEO Ellen Kullman. The Times of India (1/30) LinkedInFacebookTwitterEmail this Story
  • Dutch coalition seeks sustainability-focused innovations
    Royal DSM, AkzoNobel and Shell are among the members of the Dutch Sustainable Growth Coalition, a group seeking to promote a collaborative agenda in taking on environmental challenges through innovations in sustainability. Royal DSM is following its "people, planet and profit" mantra in doing business. "We must learn how to do more with less. This requires a different mindset, as we need to deal differently with our planet and natural resources. We also need different valuation models for that, so that this type of value creation becomes measurable and visible," said Royal DSM CEO Feike Sijbesma. Warc (London) (1/30) LinkedInFacebookTwitterEmail this Story
  • Air Products showcases CCS technology at refinery
    Air Products and Chemicals has installed a $400 million demonstration-scale carbon-capture system that can reduce carbon dioxide emissions at Valero's Port Arthur Refinery in Texas by about 1 million tons per year. The project was partly funded by the Department of Energy and will enter its second phase when Air Products installs additional equipment. The project's success proves the pilot technology "can be readily replicated and deployed into commercial practice within the industry," according to the Energy Department. FuelFix.com (1/29) LinkedInFacebookTwitterEmail this Story
Leadership & Management 
  • Are you a Navy SEAL or a World War I general?
    Business leaders should strive to be like Navy SEALs, who are trained to respond quickly and creatively to changing situations, Bob Schoulz says. Unfortunately, he adds, many bosses are more like the World War I generals who repeatedly ordered their troops to charge entrenched machine guns. "They failed as leaders to strike a balance between applying lessons from the past that had worked, with a creative insight into how this battle, this enemy, this war is different," Schoulz says. Forbes (1/22) LinkedInFacebookTwitterEmail this Story
  • Don't run your company like an airport
    Airports are soulless, sterile places populated by glum workers and even glummer travelers, writes Seth Godin. Too many companies fall into the same trap, taking their customers and workers for granted rather than striving to delight them. "[I]n pursuit of reliable, predictable outcomes, these organizations dehumanize everything, pretending it will increase profits, when it actually does exactly the opposite," Godin writes. Seth Godin's Blog (1/27) LinkedInFacebookTwitterEmail this Story
ACC News 
  • Why we need a U.S.-EU free trade agreement
    U.S.-EU High Level Working Group on Jobs and Growth in late 2011 illustrated that political leaders in the U.S. and EU recognize that a step-change in the trans-Atlantic economic relationship will be essential for ensuring a sustained recovery. As the High Level Working Group prepares to release its final report, ACC reiterates its support for a comprehensive U.S.-EU Free Trade Agreement. The potential impact of a U.S.-EU FTA would be significant: it would create jobs, boost innovation, improve industry competitiveness, and if done correctly, ensure long-term growth and prosperity.

    Read more on why ACC supports a U.S.-EU free trade agreement. LinkedInFacebookTwitterEmail this Story
  • Shale gas, chemistry and the manufacturing multiplier effect
    The awards season is upon us and shale gas is winning acclaim as the star of America's economic recovery. Kevin Bullis, senior editor for energy at MIT Technology Review, is just the latest thought leader bestowing accolades on shale gas. Bullis noted in a commentary that the mention of a manufacturing renaissance conjures images of advanced robots doing the heavy lifting on the shop floor or an advanced factory making wind turbines. But "the real American edge might be in something entirely more mundane," Bullis wrote recently. "Cheap starting materials for plastic bottles and plastic bags." Read more of Bullis' comments on the impact of natural gas to U.S. economic resurgence. LinkedInFacebookTwitterEmail this Story
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