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Displaying 61 - 72 of 796 stories.
September 28, 2015
Ineos, in its 17 years of existence, has risen to become one of the world’s largest chemical companies. Sales in 2014 were $54 billion, and, together with joint ventures, the company has about 20,000 employees. Ineos was founded and is majority-owned by entrepreneur Jim Ratcliffe....
September 28, 2015
Last year’s collapse in the price of crude oil has dramatically improved naphtha’s competitiveness as a feedstock for ethylene, cutting deeply into the cost advantage of...
September 10, 2015
Lower crude, the weaker euro, and technical hitches at production plants have provided a much-needed boost for Europe’s petrochemical profitability. However, these conditions are not likely to bring any long-term structural support to the industry....
September 10, 2015
Iran, prior to the imposition of international sanctions, was a major supplier of petrochemicals to Europe—primarily ethylene, polyethylene (PE), and methanol. The country tended...
September 10, 2015
sanctions by the United States and European Union against Russia have taken their toll on petrochemical trade in Europe. The European Union’s net trade surplus in chemicals with...
August 27, 2015
The Chinese economy is expected to decelerate further in the near future with the government now focused on moderate but sustainable growth. Chemical multinationals report that their revenues from China have fallen or stagnated. But, chemical investments in the country are continuing partly because the Chinese government’s emphasis on areas such as sustainable urbanization and environmental protection, as well as its multiple infrastructure projects, are expected to provide huge business opportunities for chemical companies....
August 27, 2015
The 12 August fire at the Tianjin Port that triggered two major explosions in a hazardous material warehouse resulting in at least 123 killed and more than 700 injured is the most serious accident in China port history....
August 13, 2015
The sodium chlorate market in Canada and North America overall are well balanced, and production units have an average operating rate of 88–90% even as producers manage output to...
August 13, 2015

The steep decline in the price of oil has ensured that Canada’s chemical producers will not this year match the strong performance of 2014, but business remains profitable.

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July 30, 2015
As the industry benefitted from improving demand and a strong stock market in 2014, the pay for industry leaders jumped sizably. Compensation programs for senior executives continue to evolve, influenced by shareholder pressure and high stock prices....
July 16, 2015
Stock markets have been on a tear since the financial crisis—and chemical companies have reaped the rewards. But, with solid margins and a favorable operating environment, valuations have been stronger than the broader market for many chemical producers....
July 6, 2015

ACC’s Responsible Care program continues to embody continuous improvement, with product and process safety requirements the focus of its most recent updates. The push to boost confidence in industry may be paying off since the public is increasingly looking for credible, science-based information about the safety of chemicals rather than simply taking critics at their word, ACC says.

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