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Regulatory update: EPA releases new Inventory Update Reporting rule
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The U.S. Environmental Protection Agency has announced the long-awaited Inventory Update Reporting final rule to increase the type and amount of information that must be reported. The first reporting period under the new rule will be from Feb. 1 – June 30, 2012. EPA has made numerous changes in this final rule from the proposed rule released in August 2010. More



Regulatory update: EPA proposes to require more information on EPCRA Tier I and II reports
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The U.S. Environmental Protection Agency has published a proposed rule in the Federal Register to require additional information on Emergency Planning and Community Right-to-Know Act Tier I and Tier II Emergency and Hazardous Chemical Inventory forms. According to EPA, these proposed new data elements would make the forms more useful for state and local agencies and would better inform the public on chemical hazards in their communities. More

Regulatory update: DHS publishes proposed rule on ammonium nitrate
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On August 3, the Department of Homeland Security published in the Federal Register a notice of proposed rulemaking to regulate the sale and transfer of ammonium nitrate. The proposed Ammonium Nitrate Security Program would require the registration of purchasers and sellers of ammonium nitrate. As part of the registration process, prospective purchasers and sellers would be vetted against the Terrorist Screening Database. More

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Regulatory update: Groups petition EPA to regulate fracking chemicals under TSCA
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A group of environmental organizations, led by Earthjustice, sent a petition to the Environmental Protection Agency asking the agency to use its authority under Section 4 of the Toxic Substances Control Act to regulate the chemicals used in hydraulic fracturing, known as fracking. Specifically, the petition asks EPA to develop rules to require manufacturers and processors of drilling and fracking chemicals to conduct testing and produce health and safety data to evaluate the health and environmental effects of these substances and mixtures. More


  General Business Interest


NGO reports on state action to control hazardous chemicals
Chemical Watch    Share    Share on FacebookTwitterShare on LinkedinE-mail article
As legislative sessions break for the summer, Safer States, the coalition of state-level NGOs, has published a roundup of chemicals controls introduced so far this year. It says that 2011 "held many public health and environmental victories, including the passage of nine policies in seven states aimed at protecting the public from toxic chemicals." More



Report rips chemical testing program
The Wall Street Journal (subscription may be required)    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A federal program that relied on companies volunteering information on the potential health risks to children from chemicals released into the environment or found in everyday consumer products was declared a failure in a report by the Environmental Protection Agency's inspector general. More

US petchem market fears likelihood of another recession
ICIS    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The U.S. could be veering towards another recession, petrochemical market participants said recently, as a massive sell-off in chemical stocks became the latest sign of a slowdown. The Dow Jones Industrial Average fell by 513 points on Aug. 4, its worst day since the 680 drop in December 2008. Chemical stocks were hit particularly hard during the sell-off, with several falling by more than 7 percent. The decline was the latest in a series of bad news, which overshadowed what has largely been a strong earnings season for North American chemical companies. More

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Trucking industry hiring slowed in July
Journal of Commerce    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Trucking employment was essentially flat in July, with for-hire carriers adding only 1,300 jobs for a 0.1 percent increase from June to about 1.28 million employees, according to seasonally adjusted data from the Bureau of Labor Statistics. That may indicate carriers are having difficulty finding qualified truck drivers without increases in pay, improved working conditions or other changes. More

Short line rail freight rises in final July week
Journal of Commerce    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Freight traffic for most North American short lines increased 3.1 percent in the week ending July 30 from a week earlier, as intermodal and lumber loadings set new 2011 highs. A single week's increase or decrease may not signal a trend in the making, and some key cargoes including chemicals — the largest category for short lines — remained below peaks of recent months. More



CIT expands fleet for upstream business
Hazardous Cargo Bulletin    Share    Share on FacebookTwitterShare on LinkedinE-mail article
CIT Rail, the third largest railcar lessor in North America, has ordered 5,000 railcars from multiple manufacturers, according to parent company CIT. The orders are for covered hopper cars and tank cars that support the oil and natural gas drilling, renewable fuels and agriculture industries. More
 
 

NACD NewsBrief
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Matt Glaser, NACD Director of Communications/Associate Editor, 703.527.6223  
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