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Global chemicals productions stable in January, ACC says

Data collected and tabulated by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) shows that growth in global chemical production started 2018 on a neutral note. ACC’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production was…

World’s largest single-train methanol-to-olefins plant now operating

Honeywell today announced that Jiangsu Sailboat Petrochemical Company, Ltd. has accepted a new methanol-to-olefins (MTO) unit provided by Honeywell UOP (Des Plaines, Ill.; www.uop.com), and that the plant is operating and has met all guarantees. With a production capacity of…

Recently Published Books for March 2018

The following titles are recently published books with relevance to the chemical process industries (CPI) . . .   Carbon Dioxide to Chemicals and Fuels. By Aulice Scibioh and B. Viswanathan, Elsevier, 2018, 510 pages, $170.00. Polymer-based Nanocomposites for Energy…

U.S. specialty chemical markets start year on slower note, ACC says

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported today that U.S. specialty chemicals market volumes gained 0.1 percent in January, following a 0.8 percent gain in December. All changes in the data are reported on a three-month moving average…

2017 CEPCI Updates: Dec. (prelim.) and Nov. (final)

The preliminary value for the December CE Plant Cost Index (CEPCI; most recent available) decreased compared to the previous month’s value for the second consecutive month. Decreases in the Equipment and Buildings subindices for December 2017 offset small increases in…

Strong appetite for mergers and acquisitions in the chemical industry, Deloitte says

Global chemical mergers and acquisitions (M&A) activity in 2018 is expected to remain strong, as higher valuations continue to be mitigated by improving global economic conditions, continued inexpensive financing, and an appetite amongst industry participants for growth and transformative M&A…

Global chemical production ends 4th quarter on a strong note, ACC says

Data collected and tabulated by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) shows that growth in global chemical production ended the fourth quarter on a strong upward trend, boosted by a synchronized upswing in the global economy. ACC’s Global…

Chemours president named new officer of ACC

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) announced today that The Chemours Co. president and CEO Mark Vergnano became the Council’s newest officer, effective January 1, 2018.  As its newest officer, Vergnano will first assume the role of Vice Chairman…

2017 CEPCI Updates: November (prelim.) and October (final)

The preliminary value for the November CE Plant Cost Index (CEPCI; most recent available) decreased compared to the previous month’s value, reversing an upward trend over the past four months. In addition, the final value for the October CEPCI was…

U.S. specialty chemical markets end year on strong note, ACC says

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes gained 0.9 percent in December, ending the year on a strong note. All changes in the data are reported on a three-month moving average (3MMA)…