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Current Economic Trends: August 2016 CEPCI

The August 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was slightly lower than the downwardly revised July number. Some equipment subcategories, such as Process Machinery and Electical Equipment, saw small increases, while others,…

Praxair signs long-term oxygen-supply agreement with Brazilian pulp producer

 Praxair, Inc. (Danbury, Conn.; www.praxair.com), through its Brazilian subsidiary White Martins, has signed a long-term agreement expanding its supply of oxygen to Fibria Celulose S/A (www.fibria.com.br) in Três Lagoas, Brazil. Fibria is the world’s largest producer of eucalyptus pulp, exporting…

Wacker expands U.S.-based R&D capacities for silicones

Wacker Chemie AG (Munich, Germany; www.wacker.com) is expanding its research and development (R&D) facilities for silicones by establishing a new R&D center located in Ann Arbor, Mich. The facility is dedicated to support Wacker’s overall business and product development in…

Working remotely

With the prevalence of sophisticated mobile devices today, and the almost ubiquitous availability of WiFi — even on airplanes now­— we can almost always be connected to each other and to our jobs. I, for one, enjoy the freedom that…

Novamont opens commercial-scale facility for bio-based BDO

Novamont (Novara, Italy; www.novamont.com), the Italy-based world leader in bioplastics, with 1,000 patents in biopolymers and biochemicals, announced they have opened the world’s first commercial-scale facility for the bio-based production of a major intermediate chemical, in Bottrighe (Adria), North East…

Current Economic Trends: July 2016 CEPCI

The July 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was substantially higher than the previous month’s value, reversing the small decrease from the June CPI value. All four of the subindices rose, with…

U.S. specialty chemicals market notches 2nd consecutive monthly gain, ACC says

The American Chemistry Council (ACC; Washington, D.C.; www.chemengonline.com) reported that U.S. specialty chemicals market volumes rose 0.3 percent in August. This follows a 0.4 percent gain in July and a 0.3 percent decline in June. All changes in the data…

Business News Sept. 2016

Plant Watch Cepsa to build new m-xylene unit under supply agreement with Indorama August 9, 2016 — Following a supply agreement with Indorama Ventures Public Ltd. (IVL; Bangkok, Thailand; www.indorama.net), Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) will…

Global CPRI shows flat growth in 2016, 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 the industry has been nearly flat most of the year thus far. The headline index for July rose just 0.1 percent…

Chemical Activity Barometer (CAB) suggests accelerated activity, ACC says

The Chemistry Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), expanded 0.4 percent in August, following an upward revision for July. This marks the barometer’s sixth consecutive monthly gain. Accounting for…