The preliminary value for the CE Plant Cost Index (CEPCI) for October 2022 (most recent available) fell for the fourth consecutive month, following a long string of monthly increases between November 2020 and June 2022. For the October preliminary data,…
MAAG Pump Systems AG (Oberglatt, Switzerland) has acquired Witte Pumps & Technology GmbH (Tornesch, Germany). Founded in 1984, Witte Pumps & Technology develops and manufactures gear pumps and provides aftermarket parts and services for the chemical, plastic and polymer processing,…
The chemical industry posted one of its best years in a decade and the U.S. expanded its dominant position as a leading producer of chemical products, but growth has slowed in recent months, according to the American Chemistry Council’s (ACC;…
Trillium Renewable Chemicals (Knoxville, Tenn.; www.trilliumchemicals.com) announced today it has raised a $10.6M Series A financing round. The first closing totaled $5.5M and was led by Hyosung Advanced Materials Corporation. Current investor Capricorn Partners also participated. HELM AG has agreed…
Plant Watch Solvay resumes soda-ash expansion in Wyoming November 11, 2022 — Solvay S.A. (Brussels, Belgium; www.solvay.com) plans to resume the construction of its soda-ash capacity expansion in Green River, Wyo. The investment totals around $200 million, and the expansion…
The preliminary value for the CE Plant Cost Index (CEPCI) for September 2022 (most recent available) fell for the third consecutive month, following after a long string of increases between November 2020 and June 2022. For the September preliminary data,…
Plant Watch Covestro breaks ground in Antwerp for new aniline plant October 12, 2022 — Covestro AG (Leverkusen, Germany; www.covestro.com) broke ground in Antwerp, Belgium for a new world-scale production facility for the manufacture of aniline. Covestro is investing more…
The preliminary value for the CE Plant Cost Index (CEPCI) for August 2022 (most recent available) declined from the previous month — the second straight monthly decline after a long string of increases between November 2020 and June 2022. For…
When evaluating capital projects in the chemical process industries (CPI), there are many scenarios in which there are important differences between the alternatives in terms of capital, operations and maintenance and decommissioning costs. In these cases, decisions must be made…
The preliminary value for the CE Plant Cost Index (CEPCI) for July 2022 (most recent available) fell slightly from the previous month's final value, which was downwardly revised by a small amount. The month-to-month decrease is the first in the…