CIDX a welcome addition to cyber-security effort
The decision by the Chemicals Sector Cyber-Security Information Sharing Forum to tap CIDX to establish security standards for the industry and encourage the accelerated adoption of improved security technology is welcome news indeed.
Cyber-security is doubly important to the chemical industry. The first level of importance is very basic - chemicals are the lifeblood of the world economy. Increasingly, the industry depends on its computers to optimize its plant operations, track its freight, and manage its recipes. Any disruption of these vital activities could seriously jeopardize its ability to operate, rippling through the world economy like so many falling dominos. Secondly, much of the information stored in the industry's computers could be useful to terrorists - consider, for just one example, what they could do with detailed knowledge of the precise location of hazardous materials in transit. So cyber-security is vital. Creation of the Chemicals Sector Cyber-Security Information Sharing Forum itself was an important first step. It helped to raise the profile of the issue within the industry and committed some of the industry's leading companies to addressing it. But the forum lacked the structure and agility needed to establish best practices and drive the industry toward them - the very capabilities at which CIDX excels. With amazing alacrity, CIDX not only developed an impressive body of XML standards - it also succeeded in getting virtually everyone in the chemical industry to use them and contribute to making them better. And for an all-volunteer group, it has demonstrated an amazing ability to stay focused, set goals and deliver against them on extremely aggressive schedules. As CIDX takes on more responsibilities and broadens its focus, however, its ability to continue delivering in a timely manner depends on its volunteers. The same small, core group that is driving the XML standards and related business practices cannot be expected to shoulder the full burden of the cyber-security standards as well. Unless more members become more fully involved - or new members step up to join them - it is difficult to imagine that both initiatives can move forward on the same aggressive timetable that has marked the course of the XML standards. Cyber-security is an issue of vital importance to the chemical industry, and it is lucky to have an organization of CIDX's caliber to drive the standard-setting effort. Now is the time for the entire global industry to get behind that effort, lending their time, their expertise and any needed funds to the organization's good work. As any of the current members will tell you, what you will take away in terms of practical learnings, tools and techniques will far exceed the value of your individual company's contribution. CIDX is one investment that pays consistent dividends. Don't pass it up. Visit www.cidx.org for more information or to register for the cyber-security kickoff meeting February 4-5 in Baltimore, Maryland. HAHT schedules chemical forum in September RALEIGH, N.C. (June 5, 2001) -- HAHT, which develops software that enables private e-marketplaces, has scheduled the third in a series of quarterly conferences for September 13 in Wilmington, Delaware. The meeting will be hosted by Basell, a 50-50 joint venture between BASF and Shell. Trade-Ranger to add services through NetworkOilHOUSTON (June 6, 2001) -- Trade-Ranger and NetworkOil have signed an agreement that gives Trade-Ranger access to a number of services from NetworkOil, which offers both online and traditional marketplace options. Forrester: European B2b sites lack plan for ROIEurope’s 100 largest manufacturing firms are pouring millions of dollars into developing B2B commerce sites with no clear idea of how those sites will save them money or generate additional revenues, according to a new study by Forrester Research. Sigma-Aldrich launches "Core Products" for fine chemicalsST. LOUIS, Missouri (June 6, 2001) -- Sigma-Aldrich Fine Chemicals, a division of Sigma-Aldrich Corporation (Nasdaq:SIAL), has launched Core Products, a new Aldrich Corporation (Nasdaq:SIAL), has launched Core Products. ChemConnect-Envera executives detail mergerSAN FRANCISCO, California (June 7, 2001) – ChemConnect and Envera, which made a surprise announcement that they have merged effective immediately, said in an exclusive interview Thursday that they expect the deal to cut their expenses and raise their adoption rate to the point that they will achieve profitability by the end of 2002. CB&I Names Richard E. Goodrich Executive VP and CFOPLAINFIELD, Ill. --July 23, 2001--Chicago Bridge & Iron Company N.V. today announced the appointment of Richard E. Goodrich as Executive Vice President and Chief Financial Officer. He replaces Timothy J. Wiggins, who has elected to leave the Company. Goodrich will be based in the Company's Houston office and will report to Gerald M. Glenn, Chairman, President and CEO. Planet Polymer Announces Changes in Board of DirectorsSAN DIEGO--July 23, 2001--Planet Polymer Technologies today announced changes in its Board of Directors. BBJ Environmental Solutions, Inc. Eliminates Toxic Cleaning Threat with the Introduction of Power Coil CleanTAMPA, Fla. --July 23, 2001--BBJ's newest product, Power Coil Clean, provides the safest and strongest cleaning available to remove the most stubborn soils and dirty deposits found on various HVAC/R (heating, ventilation, air-conditioning and refrigeration) components as well as all other surfaces. Dow to Acquire Celotex Corporation's Rigid Foam Insulation BusinessMIDLAND, Mich., July 24 -- The Dow Chemical Company announced today it has agreed to purchase the assets of the Celotex Corporation's rigid foam insulation business. The purchase includes all Celotex brand polyisocyanurate insulation products for residential and commercial markets, as well as other accessory products. The new business will be integrated into Dow's North American Building Materials business. Terms of the agreement were not disclosed. CheMatch quarterly transaction volume surpasses one million metric tonsHOUSTON (July 24, 2001) – CheMatch (chematch.com), an Internet-based marketplace and information resource for the buying and selling of bulk commodity chemicals, plastics and feedstocks, has reported that its Global Trading Network has set another quarterly trading record. IndigoB2B.com and ChemQuest announce global allianceNEWARK, New Jersey (July 24, 2001) – IndigoB2B.com (indigob2b.com), an e-commerce solutions provider servicing the specialty chemicals industry, and The ChemQuest Group (chemquest.com), an international strategic management consulting firm, have formed a marketing, sales and business development collaboration to further expand the customer base for e-commerce strategies designed for buyers and sellers of specialty chemicals. Airgas Reports Strong First Quarter ResultsRADNOR, Pa.-- July 24, 2001--Airgas, Inc., today reported results for its first quarter ended June 30, 2001. Net earnings for the quarter were $10.1 million, or $0.15 per Ballard, Shell Hydrogen and Westcoast Energy Establish Private Capital JointAMSTERDAM, The Netherlands, July 25 -- Ballard Power Systems, Degussa selects CrossWorlds business process integration solutions for e-businessBURLINGAME, California (July 19, 2001) – Degussa AG (degussa.com) has selected CrossWorlds’ (crossworlds.com) business process integration software to interconnect with Elemica (elemica.com) on a pilot project. U.S. Strategic Petroleum Reserve taps Plateau 4 LMS to automate delivery of learning and knowledgeARLINGTON, Virginia (November 6, 2002) - The U.S. Department of Energy's Strategic Petroleum Reserve has selected the Plateau 4 Learning Management System (LMS), from Plateau Systems, a provider of enterprise software designed to manage an organization's learning and knowledge, to manage mission-critical learning and automatically deliver required training to all of its employees, partners, customers and suppliers. Texas Petrochemicals deploys Oracle Enterprise Asset ManagementREDWOOD SHORES, California (November 7, 2002) - Texas Petrochemicals, a provider of specialty chemicals and fuel products utilizing C4 hydrocarbons, has deployed the Oracle Enterprise Asset Management solution to proactively manage its manufacturing equipment. Solutia Reaffirms Commitment to Anniston PCB Cleanup, Reiterates That Costs are ManageableST. LOUIS, Nov. 10 -- Solutia Inc. says the "60 Minutes" story on PCBs in Anniston, Alabama, which aired on Sunday, November 10, missed the real story about Solutia's current actions to safely and comprehensively clean up PCBs in and around Anniston. The company reaffirms its commitment to seeing the cleanup through to a successful conclusion. Cabot Board Votes DividendBOSTON, Nov. 8 -- On Friday, November 8, 2002, Cabot Corporation's Board of Directors approved a quarterly dividend of $0.13 per share on all outstanding shares of the Corporation's common stock. The dividend is payable December 13, 2002, to stockholders of record as of the close of business on November 29, 2002. Survey shows shippers are diverting cargo against more port shutdownsPHILADELPHIA, Pennsylvania – (November 7, 2002) - U.S. shippers, uncertain over timely settlement of the West Coast ports dispute, are making contingency plans against additional service disruptions, according to a nationwide survey by logistics firm BDP International (BDP). Milacron Declares DividendsCINCINNATI--Nov. 7, 2002--Milacron Inc. today announced that its board of directors declared quarterly dividends of $.01 per share on common stock and $1.00 per share on preferred stock.
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