Document G603bVkqKRX2dZjKMbbNqjDZv

AGENDA MEETING OF THE MCA BOARD OF DIRECTORS 5:30 p.m, , Wednesday, June 5, 1974 West Virginia Room, The Greenbrier White Sulphur Springs, West Virginia I. Opening Remarks and Introduction of Guests II. Minutes of Meeting of May 14, 1974, Including Financial Statement for Eleven Months ended April 30, 1974 III. Business Items: (a) Appointment of Alternate . Robert C. Hyndman, Morton Chemical Company, Division of Morton-Norwich Products, Inc. Next Regular Directors' Meeting -- 10:30 a. m. , September 10, 1974, Union Club, Park Avenue and 69th Street, New York City. CMA 070536 1472 MINUTES of the two hundred thirty-second meeting of the Board of Directors of the Manufacturing Chemists' Association, Inc, , held in the West Virginia Room, The Greenbrier, White Sulphur Springs, West Virginia, on Wednesday, June 5, 1974, at 5:30 p,m. There were present: Directors Werner C. Brown, Chairman Harold E. Thayer, Vice Chairman Warren M. Anderson Edward R. Kane Frederick L, Bissinger Lloyd G, Lillico Harry W, Buchanan Robert H. Malott C. C, Candee Harry T. Marks E. E. Chipman Harry D. McNeeley Thomas C, Dabovich Robert L. Mitchell William C, Douce Robert M. Morris WiLliam J. Driver Charles S, Munson Carl A. Gerstacker Joseph A, Neubauer James M. Gill Donald D. Pascal John R. Hail Robert T. Powers John W, Hanley Peter C. Reilly John M. Henske George W, Russell James A. Hughes Jack B. St. Clair William W, Huisking Donald G. Stevens Alternates: Stanley H. Anonsen (for Harold E, Thayer) Frank A. Carragher (for William W, Huisking) C. Preston Cunningham (for John W. Hanley) James C. E, Fuller (for James H. Gardner) Paul F. Hoffman (for Robert M. Morris) Leo H. Johnstone (for William C. Douce) Gordon Kiddoo (for Donald G. Stevens) Thomas E. Reilly, Jr. (for Peter C, Reilly) W. C. Roher (for Z. D. Bonner) William S, Sneath (for Warren M, Anderson) Raymond C. Tower (for Robert H. Malott) E. A. Von Doersten (for John R. Hall) Richard N. Williams (for John M. Henske) General Counsel: Lloyd Symington Secretary-Treasurer; George E. Best By invitation: Bruce M. Barackman, MCA Earle B, Barnes, Dow Chemical U, S.A. Albert C. Clark, MCA J. Morris Evans, Philadelphia Quartz Company Thomas S. Farmer, Borg-Warner Chemicals, Borg-Warner Corporation CMA 070537 1473 John L. GilLis, Monsanto Company Marx Leva, Leva, Hawes, Symington, Martin & Oppenheimer H. Barclay Morley, Stauffer Chemical Company Victor H. Peterson, MCA William M. Stover, MCA Chairman Brown opened the meeting by calling for self-introduction of those present in turn. I. MINUTES OF MAY 14, 1974, MEETING Minutes of the May 14th Board meeting, as distributed, which included the financial statement for eleven months ended April 30, 1974, were duly approved. II. REPORT OF THE SECRETARY-TREASURER Exhibit A, attached hereto. III. BUSINESS ITEMS (a) Appointment of Alternate Robert C. Hyndman was duly approved as alternate for Mr. Dabovich. (b) Report of the Membership Committee As chairman of the Membership Committee, Mr, Candee reported on the committee's examination of the qualifications of StanChem, Inc. , and a recommendation for its election. ON MOTION, duly made and seconded, it was, VOTED: That StanChem, Inc. , be elected to membership in the Association. (c) I02nd Annual Meeting and Future Annual Meeting Dates Mr, Barackman reported an advance registration of 1,030 with representa tion from 172 member companies. He also reported The Greenbrier has confirmed Annual Meeting dates for the next five years, as follows: June 12- 14, 1975 June 10-12, 1976 June 9-11, 1977 June 8-10, 1978 June 7-9, 1979 CMA 070538 1474 (d) Proposal to Monitor Japanese Patents Distributed in advance with the tentative agenda was subject proposal, concerning which Chairman Brown reported the favorable recommendation of the Executive Committee. ON MOTION, duly made and seconded, it was, VOTED: That the proposal to monitor Japanese patents, in accord with Exhibit B, attached hereto, be approved. (e) Proposal for Supplementary Vinyl Chloride Research Distributed in advance with the tentative agenda was subject proposal, con cerning which Chairman Brown reported the favorable recommendation of the Executive Committee, ON MOTION, duly made and seconded, it was, VOTED: That the proposal for supple mentary vinyl chloride research, in accord with Exhibit C, attached hereto, be approved. (f) Appointment of Committee Members were approved as listed in Exhibit D, attached hereto, Appointments (g) Proposed Pilot Project on a Loss Data Bank Chair man Brown reported the favorable recommendation of the Executive Com mittee, at its meeting earlier today, concerning subject proposaL which he outlined. ON MOTION, duly made and seconded, it was, VOTED: That the proposed pilot project on a loss data bank, in accord with Exhibit E, attached hereto, be approved. (h) Economic Policy Review Committee Recommendation for Legislative Activity Recalling the Board request at its May 14th meet ing, Chairman Brown told of prompt attention by the Economic Policy Re view Committee to develop a statement of policy. He read the recommenda tion which appears attached hereto as Exhibit F, and reported it had been received favorably by the Executive Committee earlier today. He explained the preference to make the statement general in principle, leaving to the various MCA subject area committees the implementing actions in accordance the rewith. CMA 070539 1475 ON MOTION, duly made and seconded, it was, VOTED: That the recommendation for Legislative activity attached hereto as Exhibit F, be approved, IV. REPORT OF DIRECTOR OF GOVERNMENT RELATIONS Mr. Stover's report is attached hereto as Exhibit G. V. REPORT OF THE PRESIDENT Mr. Driver's Staff Report is attached hereto as Exhibit H. ijS sfcsjs Mr. Brown thanked the Directors for their helpful attention and support during his term as Chairman, and the meeting closed with hearty applause in appreciation of his leadership. Certified correct: kLrrVS Werner C. Brown Chairman of the Board /L\. * w. t 0-'. George E. Best Secretary-Treasurer CM* 070540 EXHIBIT A REPORT OF THE SECRETARY-TREASURER June 5, 1974 Dollar amounts rounded from tabular details ($000) INCOME & EXPENSE June 1, 1973 - May 31, 1974 - 12 Months (100%) Income - Membership Fees Other $1,775 351 $2,126 Expense - Operations - Projects $1,878 244 2,122 Percent of Total Budget 100.566% 137.647% 105.248% 101.679% 81.063% 98.790% ASSETS (As of May 31, 1974) Cash Investments Miscellaneous $ 67 1,722 ______ 4 $1,793 CMA 070541 manufacturing chemists association MATEUtNl OF UNANUU, POMMON May 31, L974 Cash BALANCE 5 H E J: T Aflseta National Savings & Trust - CoaiDcrcia) Account National Savings 6 Trust - Payroll Account (mpresi Funds (Petty Cash, Chern, Forum Luncheon Fund 6 Postage) $ 57,760 6,000 2,600 investments Bank Certificates of Deposit [/ 8, Government Securities U 8, Government Agency Securities Corporate Securities Deposits U, S. Government Printing Office American Airlines s 300,000 714,682 402,500 305,300 -- $ 200 425 Accounts Receivable Travel Advances OCHA 5 1,729 1,544 $ 66,560 1,722.482 625 3,273 $1,792* 940 Liabi li Lies D, C. Use lax liabilities & Fund Balance Reserve Deterred Compensation fund Balances Restricted (Schedule 1 (g)) Unreal ( idl'd From Previous Fiscal Year k*-1 ease of Restricted Funds from fiscal 1971-74 (Schedule I fc>) $1,322,156 $ 383,103 1+ ______ 1 $1,322,156 Gurri-nt fiscal Year lusirictird |or fiscal 1974-75 ('-i lii-du ii- J (f |} $ 3,229 1.3,584 <10,355) 1/311,601 $ 120 97,916 1,694,904 $1 ,792,940 INCOME 6, EXPENSE INCOME Membership Dues & Entrance Fees Income from Investments Publication Sales '(l)Meetings & Special Funds (Schedule 1 (d)) Miscellaneous Total Income To Date 12 Months $1,774,520 184,70S 93,806 72,038 628 $2,125,700 Budget For Year $1,765,000 120,000 82r000 53,000 $2,020,000 EXPENSE Management 2/Technical - General Technical - Chemtrec Public Relations *(3)Government Relations Information Service Office Administration Total Expense *(4) Income less Expense $ 421,277 622,039 t56,70l 438,969 222,869 75,622 184,994 $2,122,471 $ 3,229 $ 371.690 664,420 158,490 442,050 252,907 75,480 183,290 $2,148,327 $ (128,327) FOOTNOTES: *(1> Nut income on Completed Projects -(2) Budget increase approved by Board of Directors October 1973 for support of the Office of the Chemical Industry Trade Advisor (COTTA) $70,000 `(3) Budget increase approved by Board of Directors March 1974, for an Economic Study $17,637 . '(4) Total Central Program Expense Fiscal Year 1973-74 Budget Program Expense (above) Expenditures from Project Funds carried over from previous Fiscal Year (Schedule 1 (c)) $2,122,471 ] ,000 $2,123,471 CMA 070542 CMA 070543 Notw&utSgeied Funds & M e e tin g s $226,699 $523,593 $401,053 $ 72,038 $- $* $277,201 SCHEDULE IT BUDGET PROGRAM EX PENSE tmplye" ( Authorized MANAGEMENT EXPENSE 10 BUDGET 10 EXPENSE 18 BUDGET 18 EXPENSE 7 fsUTXjE'T 7 PUBLIC RELATIONS EXPENSE 12 budget 12 GOV'T RELATIONS EXPENSE 9 BUDGET 3 INFO SERVICE EXPENSE 3 BUDGET 3 PET ICE EXPENSE 11 ADMIX BUDGET 11 TOTAL TO DATE 12 MONTHS EXPENSE 70 BUDGET 69 OPERATING EXPENSE Salaries A Related Expense Retirement Plan Rosp. Tns, & Health Plan Legal Fees 6 Expense Consul tantafrInvestment Serv. $242,705 $241,650 36,804 35,950 1,982 3,270 69,127 26,500 2,350 2,500 Audit Rent S Premises Expense Taxes & Insurance Supplies A Gen, Office Exp. Furniture S Equipment 2,750 11,414 8,657 5,217 6,741 2,300 11,410 7,890 5,000 1,000 $343,529 $337,750 41,494 42,980 3,943 5,600 1,697 10,000 -" - 22,456 16,544 16,245 2,183 22,550 14,230 13,700 1,400 $103* J54 !? 99,700 - 595 2,080 -- -- - 6,502 24,675 3,152 1,112 - 6,510 24,530 3,200 1,000 $189,414 $190,200 15,496 15,100 2,306 3,620 -- - - 19,215 9,756 7,960 2,474 19,220 9,510 8,600 750 $132,855 $148,000 11,685 17,010 1,309 16,502 2,700 15,000 -- , 11,142 7,556 6,243 1,184 , 11*130 6,340 6*500 500 $ 47,856 iS 48,100 11,694 10,370 633 1,180 -- - _ 7,052 2,534 680 665 6,990 2.360 700 690 $128*175 $120,300 7,501 11,590 1,867 3,180 -- -- , 16,567 8*943 8,247 6,249 , 16*540 8*700 8,250 6,180 $1,187,691 $1*185,700 124,674 133,000 12* 715 21*630 87,326 51*500 2,350 2,500 2*750 94* 348 78,665 47,744 20*608 2*300 94*350 73,560 45,950 11,520 Printing Telephone 6 Telegraph Postage Travel . Entertainment Meeting Expense 2,328 4,815 2,441 6,161 12,642 2 ,400 5,420 2,250 5,000 11,000 _ 12,031 19,448 21,244 694 , 10,060 19,500 24,000 900 * 14,292 430 2,451 - 17,370 900 2,750 - 3,424 8,300 31,739 22,929 83 3,350 6,970 33,000 22,$00 730 417 5,383 6,068 8,067 2,051 700 4*640 5,500 6,500 2,000 42 1,319 671 918 - ,, 1,550 1, 200 1,000 - 1,009 4*812 1,405 38 - 1,000 6,190 1,000 200 - 7,220 50,952 62.202 61,80B 15*470 7,450 52,200 63,350 61,950 14*630 PerJc'j1 ica 1 Sj Books, etc. Organizational Memberships Contingency 322 2,4tl 2,397 400 2,750 5.^00 1.366 2,642 - 1,500 2,550 280 350 1,478 1,500 6,843 7,500 1*519 1,300 58 100 816 1,000 1,431 l, 250 39 40 - -- - 106 80 11,914 12,630 75 80 7,482 7,770 - - 2,397 5,000 Operating Expense Totals $421,277 $371,690 550i,5l6 $506,720 $156,701 $158,490 $315,390 $316,050 $218,816 $235,270 5 75,622 $ 75,480 $184,994 $183,290 $1,878,316 $1,846*990 PROJfCTS Government Relations (2)Economic Study $ 4,053 S: 17,637 5 4,053 $ 17,637 [ethnical Air Quality Water ResOures Multi-Coimtlttee Transportation Multi-Committee Publications (1) Trade Advisor S 227 S 20,000 15,000 15,000 1,474 2,700 44,822 50,000 55,000 70,000 227 15*000 1*474 44,822 55*000 20,000 15,000 2,700 50,000 70,000 Public Relations Community Relations Consumer Information 1nvlronmental Quality Internal Publications Media Relations Audio/Visua 1 Academic * Industry Study College 6 Hi School Teacher Awards Education Exhibits Education Publications $ 15 * 242 $ 13,000 26,050 24,000 24,002 24,000 17,506 22,000 6,715 6,000 - 3,000 1.965 2,000 13,409 13,000 3,707 4,000 14,983 15,000 15.242 26*050 24*002 17.506 6.715 , 1,965 13*409 3*707 14.983 13,000 24*000 24,000 22,000 6,000 3.000 2,000 13,000 4*000 15,000 Project Totals S -5 $116,523 $157,700 $ -5 $123,579 $126,000 5 4.053 $ 17*637 $ -$ 3 - $ - $ 244,155 $ 301.337 COMBINI D TOTALS 8421,277 $371,690 $622,039 $664,420 $156,701 5158,490 $438,969 $442,050 $222,869 $ 252,907 5 75,622 $ 75,480 $184,994 $183,290 $2,122,471 $2,148,327 -(I) Reflects budget increase approved by Board of Direct urs October 9, 1973, for support of the Office of the Chemical Industry Trade Advisor 570,000 (2) budget increase approved by Board of Directors March 13 > 1974, for an Economic Study S17*637 CMA 070544 EXHIBIT B MCA Administration of Project to Monitor Japanese Patents by Voluntary Subscription The basic purpose of the Technical information Retrieval Committee is to encourage improvements in the quality and avail ability of services relating to the retrieval from published U. S. and foreign sources of patent and other technical information of interest to the chemical industry. MCA member companies depend primarily on Derwent Publications, Limited to notify them of the issuance of Japanese patents. Recently, as a result of a change in the Japanese patent law, there has been a substantial increase in the number of patents issued in Japan. In view of this increase, the Technical information Retrieval Committee is concerned that there may be gaps in Derwent's Japanese patent coverage. In order to check the accuracy of this coverage, the Committee recommends that MCA contract with Harris & Co., a Japanese patent information service, to monitor Derwent's Japanese patent coverage for a 6-month period. The cost of this project will be about $2,800. Twenty members of the Technical Information Retrieval Committee who subscribe to Derwent services have volunteered to fund this project. The staff recommends approval. MCA EC 5/14/74 BD 6/5/74 CMA 070545 Proposed EXHIBIT C Research and Study Program on Environmental and Occupational Health Hazards of Vinyl Chloride Background . Since action by the Board on January 9, 1973, author ising a special project to clarify the status of vinyl chloride monomer as an alleged carcinogen, it has become apparent from both animal studies and occupational health experience that this chemical must be so regarded. OSHA. has promulgated temporary emergency standards and has proposed still more strin gent permanent standards for vinyl chloride. Purpose MCA members and other companies involved in the synthesis ani polymerization of vinyl chloride, who are now supporting the current project, consider it essential to expand and accelerate research to ascertain conditions necessary to assure the safety of workers involved in the manufacture and use of these products, and of the communities in which they are made. Program The Technical Task Group on Vinyl Chloride Research established by the 1973 Board action has recommended the sup port of the following contract research projects: 1. a study of the metabolism of vinyl chloride, 2. a study of teratogenesis by vinyl chloride, 3. chronic inhalation studies at concentrations below 50 ppm, in an effort to identify a "no-effects" level, and 4. an acute inhalation experiment in which animals will be subjected to a single, acute, massive exposure simulating conditions which might be experienced by a community fumigated by a tank car rupture in a transportation accident. The animals would then be observed for the remainder of their lifespan. . cm o70546 -7- Projects (1) and (2) would be conducted by The Dow Chemical Company, with support by, and on behalf of, the project sponsors. Projects (3) and (4) would be conducted by Industrial BIO-TEST Laboratories, Inc. The Technical Task Group on Vinyl Chloride Research and its working subgroups, as appropriate to further the purposes of this program, would also develop and make pub licly available' technical reports on work practices, indus trial hyglene monitoring and analysis, and the medical sur veillance of exposed workers. ' - Funding Funding commitments are now being received from the thirty-one sponsors of the current program sufficient m the aggregate to cover the $400,000 to $500,000 estimated to be repaired for the completion of the indicated program. Because of the fluid status of scientific knowledge and regulatory climate with respect to vmvl chloride, upward revision of this cost estimate may be necessary to permit desirable modifications of test protocols. Any such cost increases will be funded by the sponsors. Super v i s_i on The program is to be supervised on MCA's behalf by the Technical Task Group on Vinyl Chloride Research composed of one technical representative from each subscribing company, plus an MCA staff representative to serve as secretary. . Stipulations The scientific information developed from this program is to be fully disclosed, without restriction. For purposes of consistency and control, however, all releases are to be made solely through MCA, normally based on Task Group rec ommendations as to nature and timing. This requirement would not preclude private scientific interchange of non-competitive information useful to advancement of the program, nor relevant non-competitive private communication within and among sub scribing companies. It would be an obligation to inform the MCA staff representative on a current basis about all such lmerchar.g and communications other than those internal to the company. CMA 070547 -3Recommendation The staff recommends approval of this proposal. MCA EC - 5/14/74 BD - 6/5/74 CIVIA 070548 COMMITTEE MEMBER APPOINTMENTS EXHIBIT D (a) Economic Policy Review Committee Fletcher L. Byrom, Koppers Company, Inc. -- As Chairman John G. Polk, M&T Chemicals Inc, (b) Food, Drag, and Cosmetic Chemicals Committee Robert A. Moody, Universal Oil Products Company (c) Government Relations Committee Everett H. Bellows, Olin Corporation -- As Chairman Robert L. Shafer, Pfizer Inc. -- As Vice Chairman (d) Plastics Committee Henry Avery, USS Chemicals Division, United States Steel Corporation -- As Chairman W. E. Kennel, Amoco Chemicals Corporation -- As Vice Chairman A, W, Andrews, Monsanto Company (e) Public Relations Committee R. W. Unwin, Jr. , N L Industries, Inc, -- As Chairman James E. McKee, Jr., Monsanto Company -- As Vice Chairman James Boyajian, Shell Oil Company Joseph C. Calitri, American Cyanamid Company W. H. Guthrie, Phillips Petroleum Company, Chemicals Group Elaine N. Hirsch, CIBA-GEIGY Corporation Peter L. Svanda, Rohm and Haas Company (f) Safety and Fire Protection Committee J. J. Walker, Union Carbide Corporation -- As Chairman John M. Pardee, Eastman Kodak Company -- As Vice Chairman (g) Tax Policy Committee Richard W. Arp, Diamond Shamrock Corporation Wallace Clarfield, Olin Corporation Cornelius P. Powell, Air Products and Chemicals, Inc, (h) Technical Information Retrieval Committee Patrick O'Leary, Gulf Oil Chemicals Company Roger G. Smith, Merck & Co. , Inc. Joan M. Toeppe, Diamond Shamrock Corporation (i) Transportation and Distribution Committee George A. Coffenberg, Stauffer Chemical Company -- As Chairman Harvey F. Nearing, United States Steel Corporation -- As Vice Chairman CMA 070549 2- - (j) Water Resources Committee . Edgar L. Conant, Stauffer Chemical Company Robert F. Curran, CIBA-GEIGY Corporation Joseph T. Ling, Minnesota Mining and Manufacturing Company \ \ MCA BD-6/5/74 CMA 070550