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February 27, 2015
The global paints and coatings sector is rolling into a bright 2015, with growth prospects buoyed by a solid North American economy and cheaper oil. Producers are optimistic about growth in most coatings end markets, although low oil prices could weaken some industrial markets. Meanwhile, new functionalities are a key driver of product development....
February 27, 2015FMC is nearing the end of a portfolio transformation that will soon have the company generating more than 90% of revenue from its agricultural chemicals and health and nutrition segments. The work started soon after chairman and CEO Pierre Brondeau joined the company in January 2010....
February 20, 2015India’s chemical industry is set for exceptional growth. The country’s economy continues to rebound from a relatively soft patch, with GDP forecast to expand by 6.7% in 2015. The International Monetary Fund and IHS each predict that India will overtake China to become the fastest-growing major emerging market in 2015–17....
February 20, 2015The European Commission’s vision of a sustainable future in Europe is based on establishing a common and coherent EU framework to promote the “circular economy: a...
February 6, 2015
The water treatment market looks set for another solid year in 2015. While cheaper energy could cut growth for oil and gas customers, industrial customers are adopting new technologies and municipal customers are seeing an uptick in budgets....
January 23, 2015Pharmaceutical ingredient manufacturers are witnessing a rise in demand, and they remain positive about the near-term outlook for the industry. Increasingly stringent regulations on manufacturing standards, however, are causing some manufacturing to return from Asia to the West....
January 23, 2015Socma recently unveiled ChemStewards Optimization, a Web-based portal to manage Socma’s ChemStewards management program and related environmental, health, and safety (EH&S) data and information....
January 16, 2015
After years of declining volumes and competitive pricing, soap and detergent manufacturers are counting on innovation and consumer insight to jump-start growth. Surfactant makers are trying to get more functionality out of every molecule. Meanwhile, monsoons in December and January have destroyed much of Malaysia’s current harvest of palm fruit, putting upward pressure on the price of palm kernel oil, a key feedstock for fatty alcohols....
January 16, 2015Surfactant producers are working on highly concentrated formulations with multiple benefits in response to demand from customers and formulators, and they’re hoping that lower oil prices will lift consumer discretionary income....
January 16, 2015The price of palm kernel oil, the main feedstock for fatty alcohols of natural origin, should have weakened with the recent collapse in crude oil values, but monsoons in December 2014 and January 2015 destroyed much of Malaysia’s current harvest of palm fruit, and the cost of palm kernel oil has actually gone up....
January 16, 2015Goals for the American Cleaning Institute (ACI; Washington) in 2015 center on advancing advocacy on the organization’s three key strategic priorities: sustainability, chemical management, and education and outreach, says Ernie Rosenberg, ACI president and CEO. ACI will hold its annual meeting and industry convention in Orlando, FL, 26–31 January....
January 14, 2015Chemical demand is expected to strengthen in 2015, with growth expected to exceed 3.0% in both the United States and overall global market for the first time in four years....
December 19, 2014
Novozymes, the leading maker of enzymes globally, has grown solidly in recent years as it expanded into markets in household care, food and beverage, bioenergy, agriculture and feed, and pharma. Now, two new opportunities have the potential to become growth drivers. Demand for the company’s biomass conversion enzymes are forecast to grow now that the first cellulosic ethanol plants are finally coming online. Also, a major bioagriculture partnership with Monsanto holds tremendous potential to unlock value from farmers looking to boost yields....
December 15, 2014
While markets did not appreciate at the breakneck pace of 2013 and activists are increasingly making their voices heard, chemical stocks are still highly valued in public markets. The values of big institutional investors’ chemicals holdings mostly increased, and these investors still see the industry as a sound investment....
December 12, 2014Presentations to the ninth Gulf Petrochemical & Chemical Association (GPCA; Dubai) annual forum, held in Dubai in November, covered future trends in the petrochemical sector in the Mideast and worldwide and challenges facing the Mideast petrochemical industry, such as the dwindling regional supply of advantaged gas feedstock, the slide in the price of oil, competition from a plethora of shale gas–based projects in the United States, and the explosive growth of China’s coal-to-chemicals industry....
December 5, 2014
The chemical industry for decades has embraced sustainability as a means to comply with regulatory schemes, improve efficiency, and meet sustainability commitments to the public and consumer-facing customers. Now, with industry’s innovations poised to provide solutions to meet a number of global challenges, chemical makers are focusing sustainability efforts—and related reporting—on engaging the entire value chain....
November 25, 2014The European Commission has proposed a 40% reduction in greenhouse gas emissions for 2030 from 1990 levels and a target of 27% of renewable energy in the total energy mix. Both figures...
November 21, 2014CW’s fourth annual survey of engineering and construction (E&C) firms focuses on the hydrocarbon processing and related industries, including petrochemicals, chemicals, and minerals and metals. Total sales in these markets of the companies surveyed grew by 3.0%, to $122.8 billion, in 2013. This rate is a sharp slowdown compared with the previous year, when sales of the companies surveyed grew by 11%....
November 21, 2014Linde’s plant engineering and construction (E&C) technology group, Linde Engineering, has been a major force in E&C for decades, particularly in the olefins plant business....
November 21, 2014The continuing investment boom in North America, based on cheap shale gas, has created a number of challenges for the engineering and construction (E&C) industry. Chief among them is a shortage of craft workers, which will peak in 2016–17, when the bulk of heavy construction will take place in the United States. The chemical industry, including many foreign companies, is investing $100 billion through 2020 in shale gas–related projects....
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