Chemicals
Top stories summarized by our editors
2/19/2018

Phillips 66 and Chevron are considering building a second ethane cracker in the US for their joint venture Chevron Phillips Chemical. A decision is not likely until next year, Phillips 66 CEO Greg Garland said.

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ICIS News (U.K.)
2/19/2018

Akzo Nobel, Air Liquide, Enerkem and the Port of Rotterdam have signed preliminary documents supporting the construction of a waste-to-methanol plant in the Netherlands. If the project moves forward, Akzo Nobel would supply the site with hydrogen and buy methanol from it.

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S&P Global Platts
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Akzo Nobel, Air Liquide, Enerkem
2/16/2018

House Transportation and Infrastructure Committee Chairman Bill Shuster, R-Pa., and Peter Defazio, D-Ore., are beginning to craft an infrastructure bill that may be ready this summer. Shuster says he wants the bill to be bipartisan, and he adds that a gas tax hike could be included.

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The Hill
2/16/2018

Every work culture has its pros and cons, so if yours is experiencing too much stress from competitiveness, it may be time to borrow concepts from a collaborative culture, writes Jesse Lyn Stoner. When red tape and dullness inhibit performance in a bureaucratic workplace, adopt approaches from startups, such as allowing more individual initiative, she writes.

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Seapoint Center
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Jesse Lyn Stoner
2/16/2018

The US has more than 300 planned chemical projects costing a combined $185 billion, according to the American Chemistry Council. Industry members and congressional Republicans have questioned whether the current permitting process under the Clean Air Act is too complicated and potentially discouraging to development.

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American Chemistry Council, GOP
2/16/2018

The federal Chemical Facility Anti-Terrorism Standards could be improved by, among other things, a review of the chemicals that lead to a CFATS listing and better alignment with industrial safety efforts, witnesses said at a House hearing Thursday. A lapse in CFATS authorization "would be highly disruptive to the industry and to the regulatory community," said Pete Mutschler of CHS.

2/16/2018

FMC intends to separate its lithium business to focus on its core agricultural segment, which generated $2.5 billion in revenue last year. The spinoff would be finished in early 2019, said Chief Financial Officer Paul Graves.

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FMC, Paul Graves
2/16/2018

LyondellBasell's bid to buy A. Schulman is the latest sign that natural gas prices and other factors have contributed to the chemical industry's strong position and growth in the US, writes David Blackmon. The chemical industry has gone "from one where U.S.-based companies were fleeing to invest billions in capital dollars overseas to one in which companies based overseas are competing with U.S.-based firms to invest in new plant and equipment in the United States," he writes.

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Forbes
2/16/2018

Digitalization is sweeping the chemical industry, and industrial analytics can help firms optimize the following areas: production output, operations and maintenance, plant-asset life and occupational health and safety, writes Eitan Vesely, CEO of Presenso. Industrial analytics has gone in recent years from a topic of study to a practice being aggressively adopted by companies, he argues.

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Presenso
2/15/2018

Scientists have developed a new method for extracting silver from laundry wastewater that uses resin-based beads packed with silver ions. The beads are then placed inside columns that filter silver out of the water during the wash process.