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Business News November 2017

Plant Watch Inovyn starts up KOH plant in Belgium October 13, 2017 — Inovyn (London, U.K.; www.inovyn.com) announced the completion of its new potassium hydroxide (KOH) production facility at its Antwerp/Lillo site in Belgium. The new plant uses membrane technology…

U.S. specialty chemicals market dips in September, ACC says

The Specialty Chemicals Market Volume Index fell 0.3 percent in September, reflecting the lingering effects of Hurricane Harvey on market volumes, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The decline follows a virtually flat performance in August.…

2017 Chem Show Exhibitors Get the Word Out

The event's Exhibitor Equipment & Technology Showcase offers broad range of opportunities for attendees to learn about exhibitor products The complement to the 2017 Chem Show’s non-promotional Best Practice Seminar series (see above story) is a full slate of 49…

Honoring Chemical Engineering Achievements

As part of its expanded seminar series this year, the Chem Show is hosting a session that highlights outstanding achievements in chemical engineering that have led to successful commercializations. The presenters are all finalists for the renowned Kirkpatrick Chemical Engineering…

2017 CEPCI Updates: August (prelim.) and July (final)

The preliminary value for the August CE Plant Cost Index (CEPCI; most recent available) increased compared to the previous month’s value. The increase was driven by rising values for several (but not all) equipment subindices, including Pipes, Valves and Fittings…

GE completes sale of Water and Process Technologies business to Suez

GE (Boston, Mass.; www.ge.com) announced today it completed the closing of the sale of GE Water & Process Technologies to SUEZ (Paris, France; www.suez.com) for $3.4 billion on September 30, 2017. “The sale of GE Water & Process Technologies is…

Global chemical production continue solid pace, ACC says

The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that growth in global chemistry during August continued on a solid pace, but was weighed down by the effects of Hurricane Harvey. Global chemicals…

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Business News October 2017

Plant Watch AkzoNobel opens paint manufacturing facility in the U.K. September 12, 2017 — Akzo Nobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) has opened its €100-million paints production plant in Ashington, U.K. The factory will be capable of doubling AkzoNobel’scurrent U.K.…

U.S. specialty chemicals market slowed by Hurricane Harvey, ACC says

The Specialty Chemicals Market Volume Index showed a pronounced slowdown in August, reflecting the effects of Hurricane Harvey, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Growth in U.S. specialty chemicals market volumes expanded only 0.1 percent in…

CE Plant Cost Index 2017 Updates: July (prelim.) and June (Final)

The preliminary value for the July CE Plant Cost Index (CEPCI; most recent available) increased compared to the previous month’s value, and June final numbers were downwardly revised from what were previously reported. The July values for all four of…