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Taking a stand on sustainability

Last month, Royal Dutch Shell (The Hague, the Netherlands; www.shell.com) released a report1 that assesses the company’s alignment with 19 industry associations on climate-related policy. In the report, Shell CEO Ben van Beurden states “The need for urgent action in…

U.S. Refining Industry Reckons with Uncertain Energy Future

Many indicators point to current success and prosperity for U.S. petroleum refineries, but simultaneously, the industry is facing a future of massive changes in energy and transportation By many measures, the U.S. petroleum-refining industry is succeeding and prospering. According to…

New president of Proco Products May 1

Mike Lassas has been appointed to the position of President of Proco Products, Inc. (Stockton, Calif.; www.procoproducts.com), effective May 1, 2019. In his new position as President, Lassas will handle all day-to-day operations at Proco.  Lassas was born and raised…

U.S. chemical production lower in March, ACC says

According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) fell by 0.4 percent in March, following a revised 0.3 percent decline in February and a 0.1 percent gain in January. During…

Chemical Activity Barometer shows gain in April, ACC says

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.5 percent in April on a three-month moving average (3MMA) basis, the second monthly gain after several weak months. On…

U.S. specialty chemical markets down in March, ACC says

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes eased 0.2 percent in March, after flat activity in February and a 0.3 percent gain in January. All changes in the data are reported on…

2019 CEPCI Updates: February (prelim.) and January (final)

The preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) for February 2019 decreased from the previous month's value. In addition, the final value for the January 2019 CEPCI was downwardly revised by a modest amount…

The far reach of the CPI

To determine the impact of the chemical industry’s contributions to the global economy, the International Council of Chemical Associations (ICCA; www.icca-chem.org) commissioned Oxford Economics to provide a detailed assessment. Last month, the results were released in the report: The Global…

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Business News – April 2019

Plant Watch Asahi Kasei plans LIB separator capacity expansions March 14, 2019 — Asahi Kasei Corp. (Tokyo, Japan; www.asahi-kasei.co.jp) will enhance its manufacturing infrastructure for lithium-ion battery (LIB) separator products at the company’s existing facilities in Moriyama, Japan and North…

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U.S. Patent Rights: Think Twice Before Disclosing Your Invention

These cautionary tales provide insight that can lead to best practices for scientists who are seeking patents for their inventions Publish or perish is a maxim in the scientific community, where scientists are encouraged to share their work quickly and…