The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.7% in April on a three-month moving average (3MMA) basis following a 1.1% increase in March and a 0.9% gain…
The U.S. Chemical Production Regional Index (U.S. CPRI) fell 2.8% in March following a 3.9% decline in February and a 0.6% increase in January, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output fell in all regions…
U.S. specialty chemicals market volumes are experiencing a rebound following the winter storms, rising 3.1% in March, after a 4.5% decline in February, according to data from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Of the 28 specialty chemical…
Honeywell announced that Anchorage Investments Ltd. will use Honeywell UOP’s C3 Oleflex technology to produce 750,000 metric tons per year (m.t./yr) of polymer-grade propylene for its new Anchor Benitoite petrochemicals complex in Suez, Egypt, near the southern terminus of the Suez…
Lummus Technology (Houston) announced that it has been awarded a master licensor contract by PJSC Nizhnekamskneftekhim for its ethylbenzene, styrene monomer, ethylene dimerization and olefins conversion technologies. These four plants will be part of the expansion of an olefins production facility…
Sasol Ltd. (Johannesburg, South Africa) and Sonatrach Raffineria Italiana (SRI) have formed a Temporary Association of Companies (ATI) to collaborate on developing hydrogen production projects in Sicily, as part of the budding process for the Sicilian Regional Council's National High…
Siemens Energy (Munich, Germany) and Messer Group GmbH (Bad Soden, Germany) have entered into a cooperation agreement with the goal to work on green hydrogen projects in the 5 to 50 Megawatt (MW) range for industrial and mobility applications. Within…
Mitsui Chemicals, Inc. (Tokyo) announced plans to bolster the methylene diphenyl diisocyanate (MDI) production capacity of affiliate Kumho Mitsui Chemicals Inc. (Seoul, South Korea). The production capacity of the site in Yeosu, Jeonnam, South Korea, will be increased by 200,000…
Phillips 66 (Houston) is securing feedstock for the company's growing portfolio of renewable fuels projects by investing in a new soybean-processing plant in Iowa. The company also recently announced a memorandum of understanding with Southwest Airlines to advance the commercialization…
Louisiana Gov. John Bel Edwards and CEO Paul Schubert of Strategic Biofuels LLC announced that the company’s wholly owned subsidiary, Louisiana Green Fuels, plans to develop a renewable diesel plant near the Caldwell Parish seat of Columbia, Louisiana. Situated on…