Document pe21vbZX6vygba8YLYVveqbYB

MINUTES OF MEETING MCA EXECUTIVE COMMITTEE The Madison, Washington, D. C. September 12, 1978 The meeting was called to order at 9:00 a. m. by Mr. Donley, Chairman of the Board, who presided in Mr. Henske's absence. There were present: Edward Donley, Acting Chairman J. Earl Burrell Richard J. Hughes W. C. Krumrei Duncan J. MacLennan Paul F. Oreffice Robert A. Roland William G. Simeral Tom K. Smith, Jr. Jack B. St. Clair Alexander B. Trowbridge Edmund B. Frost, General Counsel John H. Pickering, Outside Counsel Bruce M. Barackman, Staff Counsel and Acting Secretary-Treasurer By Invitation: E. P. Blanchard (SOCMA), E. I. du Pont de Nemours and Company *E. W. Callahan, Allied Chemical Corporation Albert C. Clark, MCA John S. Coey, Hooker Chemical Corporation Stephen L. Goldstein, Olin Corporation Victor H. Peterson, MCA John E. Slavick, MCA William M. Stover, MCA Present part time only 1. Financial Report for Three Months Ended August 31, 1978 After reviewing briefly the actions taken by the Executive Committee at its last meeting, Mr. Barackman reported income approximating $3, 809,000 and expenditures of $1, 345,000 with assets at the end of the month totalling $9, 380, 000 of which $56, 000 was in cash, $9, 318, 000 under investment, and $6,000 miscellaneous. 2. Budget Considerations -- Distribution and Financial Projections The report presented by Messrs. Roland and Burrell was repeated at the Board meeting later today and is recorded in the minutes thereof. An in vasion of reserves versus a special assessment and dues increase was 012704 MCA EXECUTIVE COMMITTEE MEETING The Madison, Washington, D. C. September 12, 1978 Summary 1. Budget Considerations -- Distribution and Financial Projections 2. Labeling of Chemicals -- Significant Chronic Effects 3. Waste Disposal -- CHEMICAL WEEK Editorial 4. Report of Nominating Committee Note: The above subjects were discussed in the Board of Directors meeting of this date and recorded in the minutes thereof. 5. Budget Recommendations -- Projects Approved four requests- from the Environmental Management Committee totalling $91,000 to-_ be added to the current budget concerning litigation on regulation of discharges into publicly-owned treatment works, participation in NPDES permit rulemaking for stationary source discharges, intervention in ex pected environmentalists' suits to compel publication of RCRA rules, and support of the activities of the American Society for Testing and Materials regarding test methods to appraise leaching of waste materials. 6- Establishment of Special Committee on Tort Law Reform Approved establishment of a Special Committee on Tort Law Reform to implement state lobbying activities. 7. Chemtrec Information to the Canadian Government's Transport Canada via The Canadian Chemical Producers' Association Approved the reproduction of certain transportation information for use by the Canadian Government. 8. Status Report on Metrication Development Referred back to staff for further study of a recommendation that MCA support the American National Metric Council target dates for certain metric actions. 9. MCA/CEFIC Liaison Were apprised of plans to meet with CEFIC representatives on October 9-10 which continues the reciprocal meeting program begun in 1976. 10. Industrial BIO-TEST Learned that Industrial BIO-TEST, a re search laboratory conducting MCA administered research on trichloro ethylene and vinyl chloride, is bankrupt. CMA 012705 8. Status *&eport on Metrication Development Distributed in ad vance with the tentative agenda was an Engineering Advisory Committee recommendation (Attachment C) that MCA support the American National Metric Council target dates for certain metrication actions. Following discussion this was referred back to staff for further review of the com mercial and legal aspects of the proposed action by the Engineering Ad visory Committee, the Distribution Committee and counsel, following which the Executive Committee will consider resulting recommendations. 9. Administrative Matters Mr. Roland advised that Industrial BIO-TEST Laboratories, Inc. a contract research laboratory conducting MCA administered research on trichloroethylene and vinyl chloride, is bankrupt. An audit team under Dr. Bell of PPG has completed a comprehensive audit on behalf of MCA and the sponsoring companies. It appears that little, if any thing, of scientific value can be salvaged from badly conducted studies. The matter is being reviewed by counsel who will recommend legal action to be taken if indicated. There presently appears no chance of recovery. Mr. Donley announced that on October 9-10 the Executive Committee will host representatives from the Conseil Europeen des Federation de L'Industrie Chimique (CEFIC). Details will be circulated by staff. He urged the fullest participation by members of the committee, and raised the question for consideration as to whether members from the equivalent Japanese organization should be invited to a similar meeting. On behalf of the Nominating Committee, Mr. Donley presented the slate of additional director nominees, noting the deletion of Mr. Hale, for election by the Board. For details see Board minutes of this date. A new nominee from Engelhard Minerals & Chemicals Corporation will be sought. Ce led correct: Edward Donley, Acting Chairman MCA Executive Committee i/ Bruce M. Barackman Acting Secretary-Treasurer CMA 012706