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January 15, 2015
Goals 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 9, 2015
Chemical 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 18, 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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December 11, 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.

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December 10, 2014
Presentations 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 4, 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.

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November 20, 2014
CW’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 20, 2014
Linde’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 20, 2014
The 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....
November 13, 2014

Mideast producers, after more than three decades of expanding—which established the region as the world’s low-cost supplier—have to rethink expansion strategies and diversify because of a regional shortage of gas, North America’s return to petrochemicals prominence on the rise of inexpensive shale gas, and the explosive growth of China’s coal-to-chemicals industry.

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October 30, 2014
The distribution market continues to outpace overall chemical industry demand as outsourcing continues to expand....
October 30, 2014

Air Products CEO Seifi Ghasemi, who took the helm 1 July, outlined a major restructuring in September that puts the company’s focus back on its industrial gas core and targets becoming the most profitable industrial gases company.

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