IHS Chemical Week

Moody's upgrades outlook for North America, Europe chemicals

September 1, 2016 | Vincent Valk

Moody’s Investors Service yesterday upgraded its outlook for the North American and European chemicals sector to stable from negative, indicating that the credit ratings agency “[does] not expect business conditions to change significantly”...

ACC's CAB rises in July

July 26, 2016 | Vincent Valk

ACC’s chemical activity barometer (CAB), an index of activity in the chemical industry, rose 0.4% in July, the fourth consecutive monthly increase, on a three-month moving average (3MMA) basis. On a year-on-year (YOY) basis, CAB rose 2.6%. Indicators...

ACC: Chemical industry continues to grow despite challenges

June 23, 2016 | Jing Chen

ACC on Thursday released a detailed economic report of the chemistry industry and its contributions to the U.S. and global economies, which concluded that the $797-billion chemical industry continues to expand despite volatile markets. According to the 2016...

ACC: US specialty chemicals fall in May on mining and oilfield chemicals

June 20, 2016 | Jing Chen

ACC’s US specialty chemicals market volume index continued the second quarter of 2016 on a soft note, falling 0.3% on a three-month moving average in May following the revised 0.5% decline in April and 0.2% drop in March. Oilfield chemicals and mining...

Moody's: Macro risks persist despite bond rally

June 15, 2016 | Vincent Valk

Macroeconomic risks to the outlook for the North American chemicals sector persist despite a recent upturn in the bond markets, which has reduced refinancing risk for many companies, according to a new report by credit ratings Moody’s Investors Service...

IHS Chemical: Superabsorbent polymer demand driven by growing infant and aging populations in emerging markets

June 14, 2016 | Francinia Protti-Alvarez

Worldwide demand for glacial acrylic acid, the raw material for production of superabsorbent polymers (SAPs), will grow from 2.5 million m.t. in 2015, to 3.1 million m.t. in 2020, according to IHS Chemical forecasts. Demand for SAPs will grow from 3.1 million...

ACC: North American chemical companies face workforce challenges as baby boomers near retirement

June 9, 2016 | Francinia Protti-Alvarez

North American chemical companies face a shortage of experienced workers and must replace a substantial number of retiring baby boomers in the coming years, according to a recent survey by the American Chemistry Council (ACC) and Accenture (New York), a...

APIC 2016: Propylene glut will stay until 2020, IHS says

May 19, 2016 | David Potter in Singapore

An increased focus on new propylene capacity in Asia has left the market overbuilt; with the situation unlikely to improve before 2020 at the earliest IHS Chemical said at the 2016 Asia Petrochemical Industry Conference (APIC) in Singapore on Thursday...

APIC 2016: Global recession risks at less than 25% as US, China economies to grow

May 19, 2016 | Sok Peng Chua

Global economic growth has stagnated between 2.5-2.7% since 2011 but recession risks are no greater than 25%, said Paul Pang, v.p./IHS Chemical at the Asia Petrochemical Industry Conference (APIC) currently under way in Singapore. While growth in emerging...

SCI: Ashland's William Wulfsohn speaks on traits of a successful CEO

April 15, 2016 | Jing Chen

Ashland CEO William Wulfsohn and Stuart Guthrie, who is the head of succession planning and executive search of Russell Reynolds’ chemicals unit, were key speakers at Société de Chimie Industrielle’s session on 13 April that...

IHS report: ExxonMobil Chemical's competitiveness supported by technology, portfolio, feedstocks, integration

March 16, 2016 | Francinia Protti-Alvarez

ExxonMobil Chemical's competitiveness in a low oil-price environment is largely down to the company's proprietary technology, a geographically diversified portfolio, access to advantaged feedstocks, ability to upgrade co-products, and strong refinery...

Report: Chemical M&A set for record year in 2016

March 14, 2016 | —Vincent Valk

M&A activity in the chemical sector is set for a record year in 2016, according to a report by consulting firm A.T. Kearney (Chicago). The total value of the top-10 announced-but-not-closed deals is about $155.6 billion, according to the firm. If all 10...

ACC's CAB up slightly in January

January 26, 2016 | Jing Chen

ACC’s chemical activity barometer (CAB), a leading indicator of economic activity, was up slightly at 0.1% sequentially on a three-month moving average (3MMA) during January and 1.5% year-on-year (YOY) on a 3MMA. On an unadjusted basis, the CAB fell...

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