Analysis: Chinese policies create opportunities for US chemicals | Lawmakers, business leaders rally behind NAFTA modernization | Federal court vacates EPA delay of formaldehyde rule
February 20, 2018
ACC SmartBrief
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Analysis: Chinese policies create opportunities for US chemicals
China's environmental policies are expected to offer opportunities in ethylene and other feedstocks for US companies, writes Katherine Blunt. The policies could increase demand for chlorine and caustic soda, which would help companies such as Olin and Westlake.
Houston Chronicle (tiered subscription model) (2/19) 
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Policy Watch
Lawmakers, business leaders rally behind NAFTA modernization
Business leaders and lawmakers are calling on the US to reach a deal with Canada and Mexico to modernize the North American Free Trade Agreement rather than exit the deal.
The Hill (2/20) 
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2018 GlobalChem Conference
The American Chemistry Council will host the 2018 GlobalChem conference from Feb. 28 through March 2 at the OMNI Shoreham Hotel in Washington, DC. You can learn more about the conference and register here.
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Industry Watch
3-company joint venture plans Texas cracker, PE line
A joint venture created by Total, NOVA Chemicals and Borealis nearly a year ago plans to build a steam cracker and polyethylene plant on the Texas Gulf Coast. Total will own 50% of the project, while a JV between NOVA and Borealis will hold the remaining 50%.
S&P Global Platts (2/19) 
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Westlake to expand in La., announces $802M Q4 profit
Westlake Chemical posted fourth-quarter profit of $802 million, with $591 million a result of changes in US tax law. The company will also expand capacity at plants in Germany and Geismar, La.
The Advocate (Baton Rouge, La.) (2/19),  Houston Chronicle (tiered subscription model) (2/20),  Houston Chronicle (tiered subscription model) (2/20) 
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Column: Plastics-to-fuel tech can serve many uses
Plastics-to-fuel technologies have great potential for a range of uses, even if patience must be exercised, writes Rick Wagner of Chevron Phillips Chemical and vice chair of the American Chemistry Council's Flexible Film Recycling Group. "Some of us can work on increasing logistics efficiencies, others can contribute to creating cleaner recycling streams, others can create markets for end products, and so on," he writes.
Resource Recycling (2/20) 
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Research & Innovation
Process plant optimization is made easier with Industry 4.0
Process plant operators can easily and affordably optimize their facility's operations using Industry 4.0 technology, gaining the ability to handle upgrades and repairs remotely or altering production based on market changes, writes Rafal Selega of ABB. There are a number of safety concerns to be aware of, however.
Chemical Processing (2/19) 
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ACC News
Industrial activity signals further gains in US economy; pullback in equity markets betrays strong fundamentals
The Chemical Activity Barometer, a leading economic indicator created by the American Chemistry Council, expanded 0.5% in February on a three-month moving average basis, its fifth-such solid gain following the 2017 hurricanes. On an unadjusted basis, growth was just 0.1%. The CAB is up 4.2% on a 3MMA compared to a year earlier. Read more and see the data.
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Monthly resin market data for 2018 now available from ACC
ACC's resin reports are recognized as a leading data source on the plastic resins industry. Based on detailed monthly surveys of major North American producers, ACC publishes authoritative industry reports on production and sales by end use markets for major plastic resins. More details are posted on our website, including sample reports, 2018 subscription pricing and how to order.
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The news reported in SmartBrief does not necessarily reflect the official position of the American Chemistry Council.
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