The preliminary value for the CE Plant Cost Index (CEPCI) for April 2022 (most recent available) maintains the upward trajectory of the index that has been observed since late 2020, with the latest value once again higher than the previous…
Despite ongoing supply chain constraints, the U.S. chemical industry expects to deliver solid growth this year as it benefits from inventory rebuilding, steady demand across many end-use industries, and a continued competitive advantage in natural-gas-based chemistries, according to the American…
The future of the CPI depends on sound innovation. The guidance provided here will help organizations to shape an effective innovation strategy that can give them a competitive edge You would be hard-pressed to find a company in the chemical…
Plant Watch Petrobras to construct new diesel hydrotreating unit at Replan refinery May 12, 2022 — Petrobras (Rio de Janeiro, Brazil; www.petrobras.com.br) announced that it signed a contract with the Toyo Setal HDT Paulínia Consortium, formed by the companies TSE…
Specialty chemicals company Lanxess AG (Cologne, Germany) and Advent International (Boston, Mass.), one of the largest and most experienced global private equity investors, are establishing a joint venture (JV) for high-performance engineering polymers. The two companies today signed an agreement…
LG Chem Ltd. (Seoul, South Korea) today announced a joint venture (JV) with Tianjin B&M Science and Technology (B&M), a subsidiary of China’s Zhejiang Huayou Cobalt (Huayou Cobalt) that specializes in cathode materials, a key component in battery manufacturing. LG…
Fujian Meide will be building a new, world-scale propane dehydrogenation (PDH) unit in Fuzhou, China, using CATOFIN technology. The new unit is slated to be one of the largest PDH units in the world and will produce 900,000 metric tons…
The preliminary value for the CE Plant Cost Index (CEPCI) for March 2022 (the most recent available) rose compared to the previous month. However, the final CEPCI value for February 2022 was revised downwardly from its initial value. In March,…
The electrolysis specialist thyssenkrupp nucera AG & Co. KGaA (Dortmund, Germany) has opened a new office in Perth, Australia. The new facility is planned to have full sales and project-execution capabilities and is ideally located to support the company’s growth…
A new metals production plant opened in Korea today will play a key role in securing the global supply chain for critical minerals and metals products. Australian Strategic Materials Ltd’s (ASM; West Perth, Australia; asm-au.com) Korean Metals Plant is designed…