The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes ended the first quarter on a strong note, rising 0.6 percent in March. This follows a similar 0.6 percent gain in February. Volumes have generally…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), marked the second quarter by posting a robust 5.6 percent year-over-year gain, suggesting continued growth through year-end 2017. The barometer posted…
The preliminary value for the February CE Plant Cost Index (CEPCI; the most recent available) represents a gain from the previous month’s value. Significant increases in the Equipment and Engineering & Supervision subindices offset a small decrease in the Construction…
ABB today announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide. B&R, founded in 1979 by Erwin Bernecker and Josef Rainer is headquartered in Eggelsberg, Austria, employs…
Plant Watch SNC-Lavalin wins EPC contract for ammonia plant in Oman March 9, 2017 — SNC-Lavalin (Montreal, Que., Canada; www.snclavalin.com) has been awarded a contract by Salalah Methanol Co. LLC (SMC) for the engineering, procurement and construction (EPC) of an…
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that headline global production rose 0.3 percent in February, following a 0.5 percent gain in January, as measured on a three-month moving average (3MMA)…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes rose a strong 0.6 percent in February. This follows an upwardly revised 0.4 percent gain in January. Volumes have generally been moving up since May.…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), posted its strongest year-over-year gain in nearly seven years. The 5.5 percent increase over this time last year reflects elevated consumer…
The preliminary value for the January CE Plant Cost Index (CEPCI; the most recent available) represents a gain from the last reading of 2016. With that, the annual CEPCI number for 2016 was calculated to be 541.7, using the average…
GE Power (Schenectady, N.Y.; www.ge.com) and Caithness Energy (New York, N.Y.; www.caithnessenergy.com) today announced an exclusive agreement with the intent to pursue development of multiple new HA combined-cycle power plants in the United States. The equipment package that GE will…