Burgeoning demand for hydrogen to support decarbonization goals is straining existing supply chains for industrial gases and prompting companies to adapt quickly to the emerging net-zero-carbon economy The increasing use of hydrogen as a clean energy carrier is causing a…
The value of the 2023 Chemical Engineering Plant Cost Index® (CEPCI) decreased compared to the previous year’s value, but remains substantially above the levels observed prior to the COVID-19 pandemic. The annual CEPCI value is calculated as an average of…
The preliminary value for the CE Plant Cost Index® (CEPCI) for January 2024 (most recent available and first data available for this year) increased compared to the previous month. This increase is the second consecutive monthly rise, and is larger…
Plant Watch Petrobras to build ‘green’ hydrogen pilot plant with Senai ISI-ER February 12, 2024 — Petrobras (Rio de Janeiro, Brazil; www.petrobras.com.br) entered into a cooperation agreement with Instituto Senai de Energias Renováveis to build a pilot electrolysis plant to…
The preliminary value for the CE Plant Cost Index® (CEPCI; top) for December 2023 (the most recent available) edged slightly higher than the previous month’s value, reversing a trend of dereasing values for the past six months. Within the overall…
According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the Global Chemical Production Regional Index (Global CPRI) trended higher by 0.1% in December, following a revised 0.5% gain in November. In the U.S., the U.S. Chemical Production Regional Index…
Plant Watch Solenis to build new polyvinylamine production facility in Virginia January 12, 2024 — Solenis, LLC (Wilmington, Del.; www.solenis.com) will invest $193 million to expand production capacity of polyvinylamine (PVAm) in Suffolk, Va. The company will build a new…
The preliminary value for the CE Plant Cost Index (CEPCI) for November 2023 (most recent available) is down by a small margin from the previous month, continuing a string of monthly declines since June 2023. In November, small decreases were…
Following a strong year for the chemical process industries (CPI) in 2022, 2023 saw modest growth, with global industrial output rising only 0.6% and chemical production growth at about 0.3% [ 1]. Numerous factors contributed to the lower demand for…
Plant Watch Trinseo inaugurates new PMMA depolymerization plant in Italy December 7, 2023 — Trinseo (Berwyn, Pa.; www.trinseo.com) inaugurated a new polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy. This depolymerization operation will be designed to enable the efficient recycling…