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December 2024 Economic Indicators

The preliminary value for the CE Plant Cost Index® (CEPCI) for September 2024 (most recent available) decreased slightly compared to the previous month’s value. The decline — the third consecutive monthly decrease — was driven mostly by a fall in…

Attention on Fluid Analysis Avoids Major Issues with Heat-Transfer Fluid Systems

Periodic analysis of heat-transfer fluids (HTFs) is among the most neglected practices in industrial settings. But over time in operation, HTFs can and do accumulate contaminants from the heat transfer system and also undergo chemical changes that negatively affect the…

Chemical Industry Sustainability Projects Advanced by Global Impact Coalition

The Global Impact Coalition (GIC; Geneva, Switzerland; www.globalimpactcoalition.com), a CEO-led coalition committed to advancing a circular, net-zero future for the chemical industry, marks its first anniversary since spinning off from the World Economic Forum. Established as an independent entity in…

Fujifilm Diosynth Biotechnologies completes expansion at manufacturing site in California

Fujifilm Diosynth Biotechnologies, a contract development and manufacturing organization (CDMO) for biologics, vaccines, advanced therapies, and oncolytic viruses, announced the completion of an expansion of its cell-therapy manufacturing facility in Thousand Oaks, California. The event also celebrated the recent European…

Honeywell to sell PPE business for $1.3 billion

Honeywell International, Inc. (Charlotte, N.C.) announced that it has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. (PIP), a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. The transaction…

KBR to supply technology for new ammonia plant in Angola

KBR, Inc. (Houston) announced that it has signed an agreement with AMUFERT for the development of a new ammonia plant in Soyo, Angola. Under the terms of the contract, KBR will provide a technology license, proprietary engineering design, equipment and…

Solid-state hydrogen-storage demonstration project commissioned in Colorado

Southern California Gas Co. (SoCalGas; Los Angeles) and GKN Hydrogen announced the commissioning of a research demonstration project with the U.S. Department of Energy's (DOE's) National Renewable Energy Laboratory (NREL) on an innovative clean renewable hydrogen storage solution. The project,…

Hydrogen plant underway at ArcelorMittal Poland facility

Linde Gaz Polska, in cooperation with ArcelorMittal Poland, will build a hydrogen production plant on the premises of the Krakow-based site of ArcelorMittal, which will supply process gas to two galvanizing plants. The total investment will exceed PLN 100 million.…

Solvay inaugurates second biomass boiler at Rheinberg soda ash and bicarbonate plant

Solvay S.A. (Brussels, Belgium) announces the official inauguration of the second biomass boiler at its Rheinberg soda ash and bicarbonate plant in Germany, phasing out the use of thermal coal for energy use at the site. With the commissioning of…

ARPA-E announces program to recover critical materials from wastewater

The U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E; arpa-e.energy.gov) today announced $36 million to recover critical metals and high energy-value materials like ammonia from wastewater. The agency’s program Realize Energy-rich Compound Opportunities Valorizing Extraction from Refuse waters…