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March 6, 2013
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News for American Chemistry

Top Story 
  • ExxonMobil Chemical to boost Texas petrochemical capacity
    ExxonMobil will increase the capacity of its petrochemical complex in Baytown, Texas, in a multibillion-dollar project that is projected to create 10,000 construction jobs and 350 permanent positions. The project "builds on our strengths as an integrated petrochemical company and will take advantage of all the shale gas that is coming on," said ExxonMobil Chemical President Steve Pryor. (3/5) LinkedInFacebookTwitterEmail this Story
The Key To Positive Cash Flow
Every business is cyclical with cash flow ups and downs. The key is to find a way to keep the cash coming in as predictably as possible. Seem impossible? Well it's not. There are systems and processes that make it easier to collect the cash you've earned so your small business can grow. Learn how these small-business owners set up their businesses for success.

Policy Watch 
  • Industry seeks TSCA focused on exposure limitation, not bans
    The chemical industry is advocating for legislation that would change the focus of the Toxic Substances Control Act to a safety standard that assesses "exposure based on intended use," says Terry Medley of DuPont. The American Chemistry Council said it backs reform "that ensures the safety of a chemical for its intended use. This includes consideration of hazard, use and exposure information as well as appropriate safety factors." (free content) (3/6) LinkedInFacebookTwitterEmail this Story
  • North America can become energy exporter in 10 years, exec says
    North America has the potential to become an energy exporter within 10 years, spurred by a boom in shale oil and natural gas production, said Ryan Lance, chairman and CEO of ConocoPhillips. "The new landscape is like someone picked up the energy world and tilted it," Lance said. However, limited access to development, unfair taxes on the industry and "misinformation and fear" related to hydraulic fracturing could jeopardize shale development, he said. Reuters (3/5), The Hill/E2 Wire blog (3/5) LinkedInFacebookTwitterEmail this Story
  • IT investments could blunt cyberattacks, Saudi Aramco CEO says
    Information technology is critical in preventing cyberattacks, according to Saudi Aramco CEO Khalid al-Falih. Investment and consideration of all possibilities are crucial, he said. "And build resilience into your system. Have the company plans in place and the redundancies built in. We had all of this and as a result, not a single drop of oil was stopped from production or delivery to our customers," he said. Platts/The Barrel blog (3/5) 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 
  • Other News
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Leadership & Management 
  • What CEOs should learn from BP and Boeing's woes
    Boeing's grounded Dreamliners and BP's Deepwater Horizon disaster hold important lessons for CEOs, writes Ben W. Heineman Jr. Strong leadership is needed not only to ensure the company fulfills its obligations, but also to keep tabs on suppliers, Heineman argues. Executives "must ensure that their corporations take full operational responsibility and accountability for the safety and quality of the goods and services provided not just by them, but also by third party suppliers," he writes. Harvard Business Review online/HBR Blog Network (3/4) LinkedInFacebookTwitterEmail this Story
  • Has your company culture caught a cold?
    Every company's culture can falter, and it's up to leaders to become healers, writes Mike Figliuolo. Timely first aid can help put your culture back on track and prevent lazy or disgruntled workers from infecting others. "As a leader, it's on you to ensure only the purest essence of what you want your culture to be is passed along to future generations of leaders on your team," Figliuolo writes. ThoughtLeaders blog (3/4) LinkedInFacebookTwitterEmail this Story
ACC News 
  • House bill would limit EPA use of Clean Air Act clause against chemical sites
    Four congressmen have introduced legislation that would require the Environmental Protection Agency to undergo a rulemaking process regarding its authority under a Clean Air Act clause that could be used to force chemical facilities to adopt specific design or safety technology. "This bipartisan bill will provide much-needed clarity regarding the appropriate use of the General Duty Clause and the regulatory certainty needed to successfully implement current chemical safety and security programs," said the American Chemistry Council. (subscription required) (3/1) LinkedInFacebookTwitterEmail this Story
  • American Chemistry Council's 2012 annual report now available
    ACC's 2012 Year in Review, Progress Through Performance is now available. The publication covers highlights from 2012, including progress on priority advocacy issues, enhancements for ACC's Responsible Care program, and other key ACC initiatives. ACC members can contact Kelly Miller for a copy today. LinkedInFacebookTwitterEmail this Story
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