When evaluating capital projects in the chemical process industries (CPI), there are many scenarios in which there are important differences between the alternatives in terms of capital, operations and maintenance and decommissioning costs. In these cases, decisions must be made…
The preliminary value for the CE Plant Cost Index (CEPCI) for July 2022 (most recent available) fell slightly from the previous month's final value, which was downwardly revised by a small amount. The month-to-month decrease is the first in the…
The U.S. Chemical Production Regional Index (U.S. CPRI) was flat in August following a 0.2% gain in July and a 0.1% decline in June, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output was higher in all…
Last month, the American Chemistry Council (ACC; www.acc.org) released its 2022 edition of the “Guide to the Business of Chemistry [1],” which profiles the U.S. chemical industry, including markets, developments, contributions to both domestic and global economies and more. The…
Plant Watch Evonik’s Coating Additives business expands production capacity in Taiwan August 16, 2022 — The Coating Additives business line of Evonik Industries AG (Essen, Germany; www.evonik.com) is expanding production capacity for precipitated matting agents at its manufacturing facility in…
LG Chem (Seoul, South Korea) is expanding its investment in carbon nanotubes (CNTs) with the construction of the world’s largest single-line CNT manufacturing plant. The new plant is part of LG Chem’s initiative to gain a more competitive edge in…
The U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.2% in July, following a 0.1% decline in June and a 0.4% gain in May, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output was mixed across…
BASF SE (Ludwigshafen, Germany) and Sulzer Chemtech (GTC Technology; Winterthur, Switzerland) have signed a memorandum of understanding (MoU) to advance technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies…
Lummus Technology (Houston; www.lummustechnology.com), a global provider of process technologies and value-driven energy solutions, announced two major technology awards from Fujian Eversun New Material Co., Ltd. Fujian Eversun has selected Lummus' Catofin technology for a new 900,000 metric tons per…
Regulations on what exactly “green” means, in force within the European Union (EU) since 2020, are important in driving the new hydrogen economy, said Robert Seiter of consultancy Ernst & Young WPG (Hall 11.0, Stand C57, Achema) at Monday morning’s…