U.S. chemical production expanded at a slower pace in 2019 due to trade challenges and slower growth in several key end-use markets for chemistry, according to the American Chemistry Council's (ACC; Washington, D.C.; www.americanchemistry.com) Year-End 2019 Chemical Industry Situation and…
Standard Lithium Ltd. (Vancouver, B.C.; www.standardlithium.com), a technology and lithium development company, today announced the successful installation of the company’s industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. Standard Lithium’s project team has also…
The Chemical Activity Barometer (CAB) a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), was stable (0.0 percent change) in November on a three-month moving average (3MMA) basis following a 0.3 percent decline in October.…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes started the fourth quarter on a mixed note, with no change in October. Of the 28 specialty chemical segments ACC monitors, 14 expanded in October,…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) today announced the formation of Toxic Substances Control Act (TSCA) Risk Evaluation Consortia to inform the Environmental Protection Agency’s (EPA) risk evaluation of five chemicals: 1,3-butadiene, 1,4-dichlorobenzene (p-DCB), formaldehyde, phthalic anhydride, and…
According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) edged higher by 0.2 percent in October, following gains of 0.5 percent in September and 0.2 percent in August. During October, chemical…
Today Shell (The Hague, the Netherlands; www.shell.com) announced it has successfully made high-end chemicals using a liquid feedstock made from plastic waste. The technique, known as pyrolysis, is considered a breakthrough for hard-to-recycle plastics and advances Shell’s ambition to use…
The preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) for September 2019 increased from the previous month’s value by 0.7, reversing a trend of declining values this year. Three of the four major subindices —…
Following satisfaction of customary transaction approvals, MOL Group (Budapest, Hungary; www.molgroup.info) announced that effective 31 October 2019, it has acquired 100% shareholding in Aurora, a German plastic compounder company. As a result of the acquisition, MOL Group is strengthening its…
In its fourth "Integrating Climate Into Our Strategy" report, released today, Total (Paris, France; www.total.com) reviews the 30 most significant industry associations of which it is a member to verify that their stances on climate issues are aligned with the…