Annual Report for 2006
Statement of Activities: The CM&E Group is a topical group of the New York Section of the American Chemical Society. The mission of the Group is to inform members and guests of economic and marketing issues of timely interest to the chemical and pharmaceutical industries. To this end, the Group has monthly luncheon meetings that take place September through June on the first Thursday of each month. At these meetings an invited speaker from industry, the consulting profession or academia makes a presentation, usually for 45 minutes, followed by a question and answer period. Luncheon and the presentation are preceded by an informal social hour for networking and renewing and/or maintaining professional contacts. The luncheon meetings are held at The Chemists Club (40 W. 45th St. in New York City).
Program During 2006:
The Group operates on a June 30 fiscal year, but for calendar 2006 the following speakers were featured
JANUARY
"Using Global Scenarios for Strategic Long-Term Planning"
Andrew J. Slaughter, Senior
North America Energy Advisor
Global Business Environment, Shell Exploration
& Production Co.
FEBRUARY
"World Petrochemical & Energy Outlook"
Dr. Andrew B. Swanson, Vice
President and Director,
Chemicals Practice, Nexant,
Inc.
"The New World of Ceramic Fibers"
Richard B. Cass, President
& CEO
Advanced Cerametrics Inc.
APRIL
"Globalization and the Changing Face
of the Scientific Enterprise:
Is the World Really Flat?"
Madeleine Jacobs, Executive
Director & CEO
American Chemical Society
MAY
The Third Wave in Biotechnology: Solutions for Everyday Life
Brent Erickson, Vice President,
Industrial and Environmental
Section Biotechnology Industry Organization
and Consulting
Editor, Industrial Biotechnology
JUNE
"Energy from Biomass"
Dr. Stephen F. Paul, Research
Physics Professor, Princeton
University and Principal, Trenton Fuel
Works
July & August no meetings
SEPTEMBER
"An Overview of the Pharmaceutical Industry"
Douglas Long, Vice President
of Industrial Relations
IMS Health
OCTOBER
"Ethanol Demand and Supply Forecast"
Greg Sweeney, Director of
Carbon Dioxide Sourcing
Praxair Inc.
NOVEMBER
"Where Natural Gas Prices are Heading
This Winter and
Longer Term"
Andy Weissman, Publisher,
Energy Business Watch and
Senior Energy Advisor, FTI
Consulting, Inc.
DECEMBER
"Chemicals from Coal"
Mike Kratochwill, Vice President,
Finance & Strategy
Nexant Chem Systems
Other Activities: The CM&E Group co-sponsored with the New York Academy of Sciences and the New York Chapter of the American Institute of Chemical Engineers a full day conference on Alternative Energy. The conference was held November 30, 2006 at the new headquarters of the NYAS and was very well attended. We expect to co-sponsor this conference in 2008.
Finances: The Group charges dues annually.
For the 2006-2007 fiscal year
these are $35 for an ACS member and $45
for a person not affiliated with the ACS. The luncheon fee is $40
for members and $55 for guests. Attendance at the luncheon meetings averaged
slightly in excess of 30 persons during the year just ended. The meal cost
charged by the Chemists Club has been negotiated and is now set, with a
review scheduled for June 2007. The Group also realizes income from the
rental of a projector purchased two years ago; this is used monthly
by the Chemical Analysts of New York, a group of security analysts. Rental
charge is $100 for each use (monthly). Revenues for calendar 2006
were $15,185 and expenses $13,971. Guest fees, dues and the projector
rental enable the Group to operate with a slightly positive cash flow.
During the year, the Group made a $1,000 contribution to the ACS Scholars
Program. At the end of December 2006 the Group had $22,767 in
cash on hand (bank deposits plus money market fund).
Membership: At
the fiscal year-end (June 2006) membership stood at 53.
This is an improvement over the prior year’s membership total.
Officers and Board Members: see
attachment
Brochures and Flyers: Meetings are publicized by e-mail announcements to a mailing list of over 2,000 individuals. Usually, the announcement is sent out at least twice. Attached is an example.
Outlook: The
program for January April 2007 has been set, with several alternatives
under consideration for the May and June meetings.