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Dow to invest in new innovation center in Michigan

The Dow Chemical Company (Midland, Mich.; www.dow.com) announced today that it will invest in a new, state-of-the-art innovation center in Midland, Michigan. The innovation center will support approximately 200 research and development jobs in Michigan, including 100 newly created jobs…

Business News for December 2016

Plant Watch GTC to provide aromatics extraction technology to JG Summit’s Batangas site November 11, 2016 — GTC Technology US LLC (Houston; www.gtctech.com) has signed an agreement with JG Summit Petrochemical Corp. (Mandaluyong City, the Philippines; jgspetrochem.com) to provide its…

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CPI Employment Landscape: Snapshot 2016

Insights about complex CPI workforce issues come from a variety of sources, including survey data on corporate attitudes, salary and diversity The chemical process industries (CPI) continue to face an interconnected web of workforce challenges, including the retirement wave of…

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Considerations for Estimating the Costs of Pilot-Scale Facilities

The differences between industrial-scale facilities and pilot plants go beyond size, and these intricacies must be understood when estimating the costs associated with pilot-scale facilities Estimating the construction costs of pilot plant facilities can be tricky, and many of the…

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Evaluating Preliminary Investment Feasibility

Before any engineering or design work can take place, a project’s feasibility must be considered. Reasonably accurate costs can be obtained using the preliminary estimate methodologies presented here Evaluating the feasibility early in an investment project’s timeline is critical for…

Global chemical production soft at start of 4th quarter, ACC says

The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that the fourth quarter started on a soft note, with the index for October showing no gain or loss on a three-month moving average…

U.S. specialty chemical markets remain flat in October, ACC says

The Specialty Chemicals Market Volume Index, a tool created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), showed that U.S. specialty chemicals market volumes were essentially flat in October. This follows a revised 0.2 percent gain in September and…

Chemical activity barometer sees 8th consectutive monthly gain, ACC says

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), featured another solid gain of 0.3 percent in November, following a gain of 0.3 percent in October and a 0.4 percent…

Economic Indicators for Nov. 2016 CEPCI

The September 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was slightly lower than the previous month’s value, continuing a modest decline that began in July. Decreases in the Equipment and Buildings subindices offset…

AkzoNobel announces major investment in Tianjin

AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) is building a new €90 million state-of-the-art facility in the Nangang Chemical Park of the Binhai District in Tianjin, China. The announcement, made during an official signing ceremony with Chinese government officials in Tianjin, involves…