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November 15, 2012
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News for American Chemistry

Top Story 
 
  • Shale renaissance benefits U.S. petrochemical producers
    The U.S. shale natural gas boom is leading to a revival in the country's petrochemical and manufacturing industries as firms such as Dow Chemical, Methanex and Honeywell make moves to capitalize on the trend. The main reason for such investments "comes back to the massive competitive advantage the United States has with natural gas today," said George Biltz, vice president for energy and climate change at Dow Chemical. Meanwhile, Honeywell recently acquired a stake in natural gas technology provider Thomas Russell to offer more efficient methods of gas extraction to producers. The Washington Post (11/14) LinkedInFacebookTwitterEmail this Story
Policy Watch 
  • Cybersecurity bill fails in Senate; Obama weighs executive order
    President Barack Obama is likely to issue an executive order on cybersecurity after legislation failed to pass the Senate. "It to some degree hardens the lines of division, which makes it more likely we'll see an executive order rather than an attempt to revive the legislation in the near term," said Stewart Baker, a former assistant secretary for policy at the Department of Homeland Security. Bloomberg (11/14) LinkedInFacebookTwitterEmail this Story
  • Refiners to face additional regulations in Obama's new term
    The U.S. refining sector is expected to face new regulations during President Barack Obama's second term, Phillips 66 CEO Greg Garland and Marathon Petroleum CEO Gary Heminger said. Policies such as the Corporate Average Fuel Economy standards and the Renewable Fuel Standard have led to increased spending over the years, the executives added. "There's no question, between renewables and CAFE standards, over the next 10 to 20 years, you're looking at a 10 to 20 percent reduction in gasoline demand," Garland said. FuelFix.com (11/14) LinkedInFacebookTwitterEmail this Story
  • W.Va. actively seeks ethane cracker project
    West Virginia's Wood County remains a viable candidate to host an ethane cracker even after Shell decided earlier this year to explore such a facility for Pennsylvania, said Kevin DiGregorio, executive director of the Chemical Alliance Zone West Virginia. "We are working hard to get the next cracker. It is not just a big deal for West Virginia; it is a big deal for the United States," DiGregorio said. The Parkersburg News and Sentinel (W.Va.) (11/15) LinkedInFacebookTwitterEmail this Story
  • Shell sees $20B investment in natural gas ventures through 2015
    Over $20 billion will be spent by Royal Dutch Shell on natural gas projects through 2015, the company said. Shell anticipates a 30% increase in its liquefied natural gas production once its Australian projects are finished, and the company plans to run ships and trucks with LNG. Bloomberg (11/14) LinkedInFacebookTwitterEmail this Story
  • Methanex secures air permits for La. methanol facility
    Methanex has obtained federal and state environmental permits to relocate its Chilean methanol plant to Geismar, La., and to operate the facility. "This represents a key milestone for the project. With the air permits now in place, construction on the Geismar site can commence," said Methanex President and CEO Bruce Aitken. The move was made to take advantage of the cheap natural gas feedstock for the plant. Production is expected to start in 2014. The Advocate (Baton Rouge, La.) (11/15) LinkedInFacebookTwitterEmail this Story
  • Other News
Research & Innovation 
  • America Recycles Day promotes importance of recycling
    Today is America Recycles Day, which aims to remind Americans about the importance of recycling. "It's never been easier to recycle in America, especially the plastic bottles, caps and containers that we use every day," said Steve Russell, vice president of plastics for the American Chemistry Council. Travelers Today (11/15) LinkedInFacebookTwitterEmail this Story
  • Other News
Leadership & Management 
  • The best leaders know how to say "thank you"
    Good bosses say "thank you" to their workers often and with real sincerity, writes Art Petty. Expressing gratitude for a job well done is a quick way to motivate your team and show them that you're aware of their hard work, Petty explains. "Saying 'thank you' is one of the simplest forms of showing respect and one of the most powerful forms of letting your team members know that you are watching and that you genuinely care," he writes. ArtPetty.com (11/13) LinkedInFacebookTwitterEmail this Story
  • Customers, not cash, are the key to innovation success
    The innovation race isn't won by companies with big R&D budgets and fancy development tools, but rather by firms that understand their customers and their own capabilities, write Barry Jaruzelski, John Loehr and Richard Holman. "Successful innovation doesn't require flashy new techniques like social networking, just the knowledge of what works and what doesn't, and the determination to stick to these principles," they argue. CNNMoney/Fortune (11/13) LinkedInFacebookTwitterEmail this Story
ACC News 
  • Plastics Makers Honor Innovators in Plastics Recycling: American Chemistry Council Awards KW Plastics, Safeplay Systems, and Sony Electronics
    The American Chemistry Council today announced the winners of this year's Innovation in Plastics Recycling awards. Three companies, KW Plastics, Safeplay Systems, and Sony Electronics Inc., were honored. This year's winners are being celebrated for developing innovative processes and/or products using post-consumer recycled plastics.

    "Thanks to the creative advancements brought about by these recyclers and others like them, we are able to keep more valuable plastics out of landfills than ever before," said Steve Russell, vice president of plastics for ACC. "Used plastics are too valuable to waste and can be recycled to make high-quality, innovative products, such as furniture, car parts, home building products, fashion and packaging."

    For photos of the winning products and processes, please contact Allyson Wilson: Allyson_Wilson@americanchemistry.com, (202) 249-6623.

    Read the full release from ACC. LinkedInFacebookTwitterEmail this Story
Learn more about the
American Chemistry Council ->
americanchemistry.com  |  Impact Chemistry: Make Your Voice Heard!

SmartQuote 
Keep your fears to yourself but share your courage with others."
--Robert Louis Stevenson,
Scottish novelist, poet and essayist


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