Last month, Royal Dutch Shell (The Hague, the Netherlands; www.shell.com) released a report1 that assesses the company’s alignment with 19 industry associations on climate-related policy. In the report, Shell CEO Ben van Beurden states “The need for urgent action in…
Many indicators point to current success and prosperity for U.S. petroleum refineries, but simultaneously, the industry is facing a future of massive changes in energy and transportation By many measures, the U.S. petroleum-refining industry is succeeding and prospering. According to…
This column is based on “Polyethylene Furanoate Production — Cost Analysis,” a report published by Intratec. It can be found at: www.intratec.us/analysis/polyethylene-furanoate-production-cost. Polyethylene furanoate (PEF) is a polymer synthesized from the copolymerization of 2,5-furandicarboxylic acid (FDCA) with monoethylene glycol (MEG).…
Plant Watch Arkema starts up photocure resin expansion in China April 11, 2019 — Arkema (Colombes, France; www.arkema.com) started up the 30% capacity extension of its photocure liquid-resin production plant in Nansha, located near Canton, China. This new production line…
Mike Lassas has been appointed to the position of President of Proco Products, Inc. (Stockton, Calif.; www.procoproducts.com), effective May 1, 2019. In his new position as President, Lassas will handle all day-to-day operations at Proco. Lassas was born and raised…
According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) fell by 0.4 percent in March, following a revised 0.3 percent decline in February and a 0.1 percent gain in January. During…
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…
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…
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…
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…