ACC: US chemical output poised to grow 3.6% in 2019 | How would a US-China trade deal affect chemicals? | Sen. Manchin poised to become energy panel's ranking member
December 7, 2018
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ACC: US chemical output poised to grow 3.6% in 2019
Chemical output in the US is expected to grow 3.6% in 2019, up from 3.1% in 2018, due in part to low unemployment, an attractive investment environment and the shale boom, says the American Chemistry Council. Executive Martha Moore notes the US has seen $202 billion in chemical investments since 2010.
Chemical & Engineering News (tiered subscription model) (12/6) 
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Policy Watch
How would a US-China trade deal affect chemicals?
US President Donald Trump and Chinese President Xi Jinping have agreed to halt their trade dispute, potentially resulting in a deal that would benefit both countries' chemical industries and other sectors. Currently, $10.8 billion of US chemical exports and $22 billion of Chinese chemical exports are subject to tariffs.
ICIS News (UK) (free content) (12/6) 
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Sen. Manchin poised to become energy panel's ranking member
Sen. Joe Manchin, D-W.Va., will likely become the next top-ranking Democrat on the Senate Energy and Natural Resources Committee.
Politico Pro (subscription required) (12/6) 
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ACC praises Trump EPA's use of "best available science"
Under President Donald Trump, the Environmental Protection Agency is working on multiple fronts to bring more reliability and transparency to regulations by using the best available science, says the American Chemistry Council. The agency's implementation of the Toxic Substances Control Act and action on confidential business information claims are proof of that progress, it says.
Chemical Watch (subscription required) (12/7) 
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Senate confirms Trump's FERC choice by slim majority
The Senate on Thursday voted 50-49 to confirm Bernard McNamee to serve on the Federal Energy Regulatory Commission.
Reuters (12/7) 
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Industry Watch
CPChem to close Miss. unit, mulls Texas cracker
Chevron Phillips Chemical will shutter its paraxylene and benzene manufacturing unit in Mississippi by the end of 2018, citing profitability concerns. In other news, CPChem says it may add a second cracker to one of its sites in Texas and will likely make a final investment decision next year or the year after that.
Houston Chronicle (tiered subscription model) (12/7) 
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Nexeo Solutions posts higher year-end profit ahead of acquisition
Nexeo Solutions posted $29.4 million net income on revenue of $4.03 billion for its fiscal year ended Sept. 30, with both figures up from the previous year. The company will be purchased by Univar in a deal closing next year.
Plastics News (tiered subscription model) (12/6) 
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Research & Innovation
Team finds way to make "smart textiles" with graphene
An international research team led by a group at the UK's University of Exeter used polypropylene fibers to make flexible graphene-based electronic fibers that can be used in textiles for wearable applications, such as health monitoring and medical diagnostics. The "smart textile" fibers are used to make touch-sensor and light-emitting diodes, offering wearable displays that don't need electrodes or wires.
New Electronics (12/6) 
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Leadership & Management
Dynamic capabilities can sustain a competitive advantage
Research suggests there are dynamic corporate assets that drive long-term market advantage in a different way than operational resources explain current profitability, writes Phebo Wibbens, assistant professor of strategy at INSEAD. These qualities can include a company's ability to create strategy, a manufacturing method or the ability to expand consistently while adjusting for local markets.
INSEAD Knowledge (12/5) 
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ACC News
Industry launches new automotive plastics website
ACC's Plastics Division has reinvented Automotive Plastics, the popular website highlighting the newest innovations in plastics and polymer composites, unique pre-competitive research, public-private partnerships, and sustainability.
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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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