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September 14, 2012
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News for American Chemistry

Top Story 
  • Myriant CEO: U.S. biochem industry faces regulatory "tripping point"
    The U.S. urgently needs a national energy policy that includes bio-based chemicals and products, writes Stephen Gatto, CEO and chairman of Myriant. The U.S. bio-based chemicals industry is producing technological developments and commercial advancements, but the slow adoption of regulations to promote biochemicals may act as a "tripping point" for the industry, he writes. "The bio-products industry today is one of the most immediate steps we can take to develop a more sustainable way of living," Gatto writes. ICIS News (U.K.)/Green Chemicals blog (9/13) LinkedInFacebookTwitterEmail this Story
Policy Watch 
  • Dooley: Security is a top priority for the chemicals industry
    An editorial in the Houston Chronicle mischaracterized the state of chemical security in the U.S., writes American Chemistry Council President and CEO Cal Dooley. ACC and its members have a history of making security a priority before the federal government requires it, such as the implementation of the Responsible Care Security Code in response to the terrorist attacks of Sept. 11, 2001, Dooley writes. "To date, ACC members have invested more than $11.2 billion to further enhance site, transportation and cyber security at their facilities under the security code, serving as a model for industry and for other regulatory programs," he writes. Houston Chronicle (9/12) LinkedInFacebookTwitterEmail this Story
  • Ohio Shale Coalition expects economic windfall for state from fracking
    The Ohio Shale Coalition says hydraulic fracturing operations give a critical boost to the state's employment and revenue generation. Shale development will create or support a minimum of 65,680 jobs and generate more than $400 million in state and local tax revenues by 2014, according to a coalition study. "The governor says it's a game-changer for our economy. We will likely be a very different economy in five-10 years," said the coalition's executive director, Linda Woggon. The Marion Star (Ohio) (9/13) LinkedInFacebookTwitterEmail this Story
  • Survey: Most upstate New Yorkers support Marcellus drilling
    The majority of voters in upstate New York believe that the potential benefits of Marcellus Shale drilling outweigh environmental concerns, a Quinnipiac University poll found. "Today's snapshot of opinion indicates that the public is beginning to focus its attention on the role America's natural gas supply can play in helping turn around the state and national economies, and New Yorkers are very aware of the vast energy reserves that exist across the state's Southern Tier," said Brad Gill, executive director of the Independent Oil and Gas Association of New York. American City Business Journals/Buffalo, N.Y. (9/13) LinkedInFacebookTwitterEmail this Story
  • BASF works to compete with gas-rich U.S. producers
    The competitiveness of BASF's main chemical complex in Germany is being threatened by U.S. producers such as Dow Chemical and DuPont as the firms use cheap natural gas in the U.S. as feedstock. "We really squeeze everything out of every drop of oil. Shale gas in the U.S. means that we have a disadvantage in energy. But we will be able to cope with it," said BASF Chairman and CEO Kurt Bock. Bloomberg Businessweek (9/14) LinkedInFacebookTwitterEmail this Story
  • Chinese chemical industry posts strong growth
    The slowing growth of China's economy may be affecting the country's industries, but the chemical sector remains resilient, posting an 11.3% January-to-July increase over last year, said Li Yongwu, chairman of the China Petroleum and Chemical Industry Federation. "The Chinese economy is under downside pressure, but our sector still enjoys big potential. As China's industrial structure adjusts and household consumption increases, we will see huge demand potential," Li said. Chemical Week (subscription required) (9/13) LinkedInFacebookTwitterEmail this Story
  • Texas is set to reap employment gains from shale, industry says
    Shale-gas plays in Texas are expected to produce more jobs for the state as exploration activities require more manpower. "It's only been recently that technology exists to get the gas out of the ground cheaply," said Richard Meserole, vice president and general manager at a Fluor site in Texas. "Combine that with an abundance of natural gas, and you get an idea of what's really driving the market. And since the cost of the investment to get the gas is not as significant as it is off shore, that translates to the potential for thousands of jobs." Houston Chronicle (9/13) LinkedInFacebookTwitterEmail this Story
  • Other News
Research & Innovation 
  • Chinese firm picks Honeywell technology for isobutylene production
    Honeywell's UOP unit has been selected by Heilongjiang Anruijia Petrochemical in China to provide the C4 Oleflex process for isobutylene production. The production units are expected to be online in 2014. "In order to meet domestic demand for fuels, plastics, and other key materials, China is rapidly emerging as one of the largest petrochemical producers in Asia," said Peter Piotrowski, senior vice president and general manager at UOP Process Technology & Equipment. Chemical Week (subscription required) (9/13) LinkedInFacebookTwitterEmail this Story
  • Other News
Leadership & Management 
  • Why bosses should be both managers and leaders
    Bosses should be managers and leaders, writes Ming Ong. That means creating structure and maintaining control over your team, but also inspiring workers to strive for audacious goals in the service of the company's vision. "What our businesses today need are managers who lead. ... Relying too heavily on one or the other can be detrimental to a business," Ong writes. ThoughtLeaders blog (9/12) LinkedInFacebookTwitterEmail this Story
  • Why being first isn't always best in innovation
    Being first isn't always desirable when it comes to disruptive innovation, but you should be aware of new trends in the marketplace, Greg Satell writes. You can do this by creating an innovation unit and by giving your leadership team the training it needs to identify critical new ideas. (9/11) LinkedInFacebookTwitterEmail this Story
Featured Content 

ACC News 
  • Don't miss the 2012 Polyurethanes Technical Conference
    Hosted by the Center for the Polyurethanes Industry of the American Chemistry Council, the 2012 Polyurethanes Technical Conference will take place Sept. 24 to 26 at the Omni Hotel at CNN Center in Atlanta. Attendees can save $100 with online conference registration prior to the event. Register for the conference and reserve your hotel room. LinkedInFacebookTwitterEmail this Story
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