Printer Friendly

Markets, news.

Expenditures in calendar year 1993 for research and development in the United States are expected to reach $162 billion, according to the annual forecast by Battelle Institute, based in Columbus, OH. This represents an increase of $4.6 billion over the $157.4 billion the National Science Foundation estimates actually was to be spent for R&D in 1992. Accounting for inflation, which will take about 2% of that amount, Battelle expects a real increase of less than 1%. The 10-year average increase in R&D since 1982 has been 3.1%

* Financial World magazine announced the 1993 recipients of the CEO of the Year competition for various industries. Votes were cast by peers of the CEOs and securities analysts nationwide from a pool of 3,169 CEOs. On March 11, the CEO of the Year will be announced.

The following are some of the industry award winners:

Rubber products and components - Stanley C. Gault, Goodyear Tire & Rubber, Akron, OH.

Chemicals - Worley H. Clark, Nalco Chemical, Naperville, IL; Emerson Kampen, Great Lakes Chemical, West Lafayette, IN; and Frank P. Popoff, Dow Chemical, Midland, MI.

Industrial: Machinery - Paul G. Schloemer, Parker Hannifin, Cleveland, OH.

Building products - Vincent A. Sarni, PPG Industries, Pittsburgh, PA.
COPYRIGHT 1993 Lippincott & Peto, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:rubber industry news and awards
Publication:Rubber World
Date:Mar 1, 1993
Previous Article:ISO registrations.
Next Article:Recycling pressure to spur auto TPEs.

Related Articles
Corporate, financial news.
Goodyear repeats as "Most Admired Company".
Find all the latest rubber developments right here.
Rubber division's mini expo yields new products.
Find all the latest rubber developments inside.
Your source for the latest rubber developments ...
Your source for the latest rubber developments ...
Your source for the latest Rubber developments ...
Melvin Mooney Award.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters