The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.8% in June on a three-month moving average (3MMA) basis following a 1.3% gain in May. On a year-over-year (Y/Y)…
The U.S. Chemical Production Regional Index (U.S. CPRI), rose 4.6% in May following a 1.2% decline in April and a 3.4% drop in March, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). During May, chemical output rose in…
Key U.S. chemical industry metrics will be higher this year as important end-use markets and export customers recover from the pandemic-related recession, according to the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Mid-Year 2021 Chemical Industry Situation and Outlook. Chemical…
The preliminary value for the CE Plant Cost Index (CEPCI) for April 2021 (most recent available) continues the string of sizeable monthly increases. In April, large upticks were observed in the Equipment, Buildings and Construction Labor subindices, while the Engineering…
U.S. specialty chemicals market volumes rose 0.7% in May and are now above the pre-winter storm levels of January, according to data from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Activity remains off from pre-pandemic levels, ACC said. Of…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 1.2% in May on a three-month moving average (3MMA) basis following a 1.0% increase in April. On a year-over-year (Y/Y)…
U.S. specialty chemicals markets volumes rose 0.8% in April, continuing their recovery from the winter storms, according to data from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Of the 28 specialty chemical segments monitored, 14 expanded, down from 22…
The preliminary value for the CE Plant Cost Index (CEPCI) for March 2021 (the most recent available) indicates another large monthly rise, the sixth consecutive monthly increase. Similar to the story in February, the large uptick in March is linked…
The following recently published books may have relevance to various sectors of the chemical process industries (CPI). Driving Continuous Process Safety Improvement from Investigated Incidents. By the Center for Chemical Process Safety (CCPS), Wiley Publishing, 2021, 288 pages, $140.00. Industry…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.7% in April on a three-month moving average (3MMA) basis following a 1.1% increase in March and a 0.9% gain…