OLD EUROPE'S NEW IDEAS.

Analyzes the effects of environmental policy requirements imposed by the European Union (EU) on the business practices of U.S. companies. Decision of the EU to require manufacturers to conduct extensive safety and environmental tests on common chemicals; Implications of the legislation for U.S. companies; Plan of a U.S. delegation of senior chemical-industry executives to meet with European regulators; Other environmental policies imposed by the EU. INSET: EUROPE LEADS THE WAY.