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CHEMICAL INDUSTRY
The American Chemistry Council (ACC) is restructuring to narrow its focus to four areas: products and health, energy, security, and the environment. In the process, 43 of the trade association's 191 staff positions are being eliminated. In addition, in 2005 and 2006, ACC plans to reduce its staff by another 10%. It will also cut its 2004 budget by 20%.
He says the new structure is not a response to the resignation of companies from ACC. Huntsman, Chevron Phillips, Lyondell Chemical, PolyOne, Noveon, and Velsicol Chemical have left ACC. "The fact that we lost a couple of companies is reflective of one of the two conditions that essentially drove us to the internal review--the state of industry economics," he says. "I respect that members have to make decisions about their companies' well-being. I can do nothing but wish them well and hope they will come back when conditions improve." Lebedev says restructuring into the four areas makes ACC "a very nimble, focused, and flexible organization to respond not only to some existing public policy challenges, but also to a great many issues that are going to be emerging over time." |
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