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U.S. chemical production was flat in August, ACC says

The U.S. Chemical Production Regional Index (U.S. CPRI) was flat in August following a 0.2% gain in July and a 0.1% decline in June, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output was higher in all…

A chemical industry profile

Last month, the American Chemistry Council (ACC; www.acc.org) released its 2022 edition of the “Guide to the Business of Chemistry [1],” which profiles the U.S. chemical industry, including markets, developments, contributions to both domestic and global economies and more. The…

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Business News: September 2022

Plant Watch Evonik’s Coating Additives business expands production capacity in Taiwan August 16, 2022 — The Coating Additives business line of Evonik Industries AG (Essen, Germany; www.evonik.com) is expanding production capacity for precipitated matting agents at its manufacturing facility in…

LG Chem to build fourth carbon nanotube plant

LG Chem (Seoul, South Korea) is expanding its investment in carbon nanotubes (CNTs) with the construction of the world’s largest single-line CNT manufacturing plant. The new plant is part of LG Chem’s initiative to gain a more competitive edge in…

U.S. chemical production rose in July, ACC says

The U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.2% in July, following a 0.1% decline in June and a 0.4% gain in May, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output was mixed across…

BASF and Sulzer Chemtech to collaborate on sustainable technologies

BASF SE (Ludwigshafen, Germany) and Sulzer Chemtech (GTC Technology; Winterthur, Switzerland) have signed a memorandum of understanding (MoU) to advance technologies for renewable fuels and chemically recycled plastics that will further expand the partners’ portfolio of sustainable solutions. The companies…

Catofin and Novolen Technologies Selected for Large-Scale Units in China

Lummus Technology (Houston; www.lummustechnology.com),  a global provider of process technologies and value-driven energy solutions, announced two major technology awards from Fujian Eversun New Material Co., Ltd. Fujian Eversun has selected Lummus' Catofin technology for a new 900,000 metric tons per…

Defining What’s Green Aids Hydrogen Investment

Regulations on what exactly “green” means, in force within the European Union (EU) since 2020, are important in driving the new hydrogen economy, said Robert Seiter of consultancy Ernst & Young WPG (Hall 11.0, Stand C57, Achema) at  Monday morning’s…

2022 CEPCI updates: June (prelim.) and May (final)

The preliminary value for the CE Plant Cost Index (CEPCI) for June 2022 (most recent available) edged higher than the previous month’s value, continuing the upward trend of the last 18 months, although at a slower pace. In June, small…

ACC publishes 2022 Guide to the Business of Chemistry

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) has published the 2022 edition of the Guide to the Business of Chemistry, a comprehensive profile of the U.S. chemistry industry and its contributions to the domestic and global economies. American chemistry…