Digitalization, properly deployed, has been proven by ABB to cut capital and operational expenditures up to 30 percent by accelerating and optimizing decision-making. By 2025, further savings and performance improvements are expected from people working collaboratively with artificial intelligence. Colin…
The preliminary value for the January 2018 CE Plant Cost Index (CEPCI; most recent available) increased compared to the previous month’s value. The Equipment, Buildings, and Engineering & Supervision subindices were all higher for January, pushing the overall monthly CEPCI…
Data collected and tabulated by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) shows that growth in global chemical production started 2018 on a neutral note. ACC’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production was…
Honeywell today announced that Jiangsu Sailboat Petrochemical Company, Ltd. has accepted a new methanol-to-olefins (MTO) unit provided by Honeywell UOP (Des Plaines, Ill.; www.uop.com), and that the plant is operating and has met all guarantees. With a production capacity of…
The following titles are recently published books with relevance to the chemical process industries (CPI) . . . Carbon Dioxide to Chemicals and Fuels. By Aulice Scibioh and B. Viswanathan, Elsevier, 2018, 510 pages, $170.00. Polymer-based Nanocomposites for Energy…
Plant Watch Air Liquide inaugurates CO2 -recovery plant in Ontario February 12, 2018 — Air Liquide Canada, a subsidiary of the Air Liquide Group (Paris, France; www.airliquide.com), inaugurated a carbon dioxide (CO 2) recovery plant in Johnstown, Ontario. The plant…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported today that U.S. specialty chemicals market volumes gained 0.1 percent in January, following a 0.8 percent gain in December. All changes in the data are reported on a three-month moving average…
The preliminary value for the December CE Plant Cost Index (CEPCI; most recent available) decreased compared to the previous month’s value for the second consecutive month. Decreases in the Equipment and Buildings subindices for December 2017 offset small increases in…
Global chemical mergers and acquisitions (M&A) activity in 2018 is expected to remain strong, as higher valuations continue to be mitigated by improving global economic conditions, continued inexpensive financing, and an appetite amongst industry participants for growth and transformative M&A…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) announced today that The Chemours Co. president and CEO Mark Vergnano became the Council’s newest officer, effective January 1, 2018. As its newest officer, Vergnano will first assume the role of Vice Chairman…