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.
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%.
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.
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.
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.
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.