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April 17, 2015Asia’s olefins industry is restructuring. Old, inefficient naphtha crackers are being displaced by a wave of new, world-scale olefin plants, some based on naphtha but many based...
April 17, 2015Japan’s chemical industry had a solid 2014 despite anemic conditions in the country’s overall economy. Large chemical makers gained despite Japan’s GDP declining...
April 8, 2015For the eighth year, BASF retains the top ranking in CW’s Billion-Dollar Club, our annual ranking of chemical makers by revenue on a dollar basis. China’s Sinopec and Saudi Arabia’s Sabic have pushed the normal US leaders lower, rising respectively to the second and third spots....
April 6, 2015
Global adhesives and sealants manufacturers expect another year of steady growth, with modestly lower raw material prices boosting margins. Demand is expected to rise from industrial assembly applications, particularly automotive, as well as emerging markets with expanding consumer purchasing power....
March 20, 2015North America’s natural gas and natural gas liquids (NGLs) remain cost advantaged, but with oil prices at half their previous level, the returns expected for some projects may not be as compelling or reliable as once thought. Add to these considerations the ongoing resource crunch created by so much construction, and incentive is growing to postpone final investment decisions or even cancel projects....
March 13, 2015
The fall in crude oil prices and its impact on shale oil and gas production, as well as increased consumer spending in the United States, a weak euro, and slower GDP growth in China, are factors that will continue to influence supply-demand fundamentals for plastics worldwide in 2015. The only certainty is that short-term visibility will be limited....
March 13, 2015Although refiners are grappling with a dramatic decline in oil prices, catalyst suppliers to the sector say global GDP and fuels growth in 2015 will keep the category growing....
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....
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