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Anellotech receives investment for bio-based BTX development plant

Anellotech Inc. (Pearl River, N.Y.; www.anellotech.com), a sustainable technology company focused on producing cost-competitive renewable chemicals from non-food biomass, today announced that the company has received an additional $3 million equity investment from an unnamed and confidential multinational strategic investor…

DuPont technology director receives Barnes award

DuPont (Wilmington, Del.; www.dupont.com) Global Technology Director Henry Bryndza today received the Earle B. Barnes Award for Leadership in Chemical Research Management at the 2016 American Chemical Society (ACS) National Meeting in San Diego, California.  Bryndza was recognized for his…

Global CPRI rose in January, ACC report says

The Global Chemical Production Regional Index (Global CPRI) rose 0.5% in January on a three-month-moving-average (3MMA) basis, according to the latest Weekly Chemistry and Economics Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The January rise follows similar…

CE Bookshelf: March 2016

Belonging Nowhere: An Engineer in India and the United States. By Jimmy Mathur. Outskirts Press, Denver, Colo., 2015, 257 pages, $17.95. The Engineering Communication Manual. By Richard House, Richard Layton, Jessica Livingston and Sean Moseley. Oxford University Press, 2016, 496…

U.S. CPRI rose in January, ACC report says

The U.S. Chemical Production Regional Index (U.S. CPRI) rose in January, by 0.5%, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The gain in January follows 0.4% and 0.7% gains…

Current Economic Trends: CEPCI Update

The preliminary value for the December 2015 CE Plant Cost Index (CEPCI; the most recent available) was down compared to the previous month’s data, continuing a string of declines in recent months. All subindices saw declines in December, except Engineering…

Chemical equity prices drop in January, ACC report says

Chemical equity prices, as measured by the S&P index for chemical companies, fell by 10.4% in January, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The benchmark S&P 500 index…

Specialty chemical market volumes fall in December, ACC report says

Market volumes for specialty chemicals decreased in December by 0.1%, following a 0.7% decline in November, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The declines were reported on a…

Novozymes separates its biopharma activities to form new company

Today, Novozymes (Copenhagen, Denmark; www.novozymes.com) announced it has separated its biopharma activities into an independent company called Albumedix. The new company will be fully owned by Novozymes.“Over the past nine years, our work in albumin has resulted in a series…

Current Economic Trends: November 2015

The preliminary value for the November 2015 CE Plant Cost Index (CEPCI; the most recent available) declined again from the previous month, driven by a relatively large decrease in the Equipment subindex and small decreases in the Buildings and Construction…