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Chemical Activity Barometer shows gain in April, ACC says

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.5 percent in April on a three-month moving average (3MMA) basis, the second monthly gain after several weak months. On…

U.S. specialty chemical markets down in March, ACC says

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes eased 0.2 percent in March, after flat activity in February and a 0.3 percent gain in January. All changes in the data are reported on…

2019 CEPCI Updates: February (prelim.) and January (final)

The preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) for February 2019 decreased from the previous month's value. In addition, the final value for the January 2019 CEPCI was downwardly revised by a modest amount…

The far reach of the CPI

To determine the impact of the chemical industry’s contributions to the global economy, the International Council of Chemical Associations (ICCA; www.icca-chem.org) commissioned Oxford Economics to provide a detailed assessment. Last month, the results were released in the report: The Global…

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Business News – April 2019

Plant Watch Asahi Kasei plans LIB separator capacity expansions March 14, 2019 — Asahi Kasei Corp. (Tokyo, Japan; www.asahi-kasei.co.jp) will enhance its manufacturing infrastructure for lithium-ion battery (LIB) separator products at the company’s existing facilities in Moriyama, Japan and North…

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U.S. Patent Rights: Think Twice Before Disclosing Your Invention

These cautionary tales provide insight that can lead to best practices for scientists who are seeking patents for their inventions Publish or perish is a maxim in the scientific community, where scientists are encouraged to share their work quickly and…

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Technology Profile: Production of Polyacrylonitrile Fibers

This column is based on “Polyacrylonitrile Production – Cost Analysis,” a report published by Intratec. It can be found at: www.intratec.us/analysis/polyacrylonitrile-production-cost. Polyacrylonitrile (PAN) is a polymer resin mainly composed of acrylonitrile. This important acrylic resin is used in the production…

Kurita Water Industries completes acquisition of U.S. Water Services

U.S. Water Services, Inc. (St. Michael, Minn.; www.uswaterservices.com) today announced that is has joined the Kurita Water Industries Ltd. companies (www.kurita.co.jp) a leading international water management company headquartered in Tokyo, Japan. The acquisition was announced in early February 2019 and…

Covestro and Genomatica partner for sustainable growth

Covestro  (Leverkusen, Germany; www.covestro.com ), one of the world’s largest polymer companies, and biotechnology company Genomatica have formed a partnership to research and develop high-performance materials based on renewable feedstocks. Both companies aim to reduce the use of fossil-based resources.…

Chemical Activity Barometer rose 0.1% in March, ACC says

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.1 percent in March on a three-month moving average (3MMA) basis, the first gain in five months. On a year-over-year…