The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) today released an abbreviated, interim update to its Chemical Industry Situation and Outlook. The update offers two scenarios intended to capture a range of potential trajectories for the global and U.S. economies…
The new threat of the novel coronavirus is gripping the world and changing our lives quickly, drastically, and in ways we have never experienced in this generation. The news and scenes broadcast from countries around the world are stunning as…
DOMO Chemicals to invest €12 million in new nylon plant in China March 13, 2020 — DOMO Chemicals GmbH (Leuna, Germany; www.domochemicals.com) will invest €12 million for a new nylon production plant in Zhejiang, China. The new plant will be…
This column is based on “Neopentyl Glycol Production Process – Cost Analysis,” a report published by Intratec. It can be found at: www.intratec.us/analysis/neopentyl-glycol-production-cost. Neopentyl glycol (NPG; 2,2-dimethylpropane-1,3-diol) is an industrially important and versatile diol, mainly employed as a building block…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), fell 2.6 percent in March on a three-month moving average (3MMA) basis, following a downwardly revised 0.1 percent gain in February.…
Covestro (Leverkusen, Germany; www.covestro.com) CEO Dr. Markus Steilemann will be the new Vice President of the German Chemical Industry Association (VCI; www.vci.de). The presidium appointed the 49-year-old to the new position, in a written circulation procedure on account of the…
Since the beginning of the coronavirus outbreak, Air Liquide (Houston, Tex.; www.airliquide.com) in the U.S. has activated business continuity plans to maximize efficiency and maintain its activities, while increasing its medical gas production capabilities to meet the current demand. Air…
According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) edged lower by 0.2 percent in February following a 0.1 percent gain in January and a 0.2 percent decline in December. During…
American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) president and CEO Chris Jahn made a statement this morning aimed G20 leaders who are participating a virtual summit on coronavirus pandemic response. Jahn says: “U.S. chemicals manufacturers are calling for G20 leaders…
The new orders booked by the members of the VDMA Large Industrial Plant Manufacturers‘ Group group (AGAB; Frankfurt am Main; Germany; www.vdma.org) in 2019 were stable at the previous year's level of €18.3 billion. This means that the companies were…