Tag: American Chemistry Council

Global chemicals production ends Q3 on soft note

Global chemicals production ends Q3 on soft note

Gains were registered in pharmaceuticals, agricultural chemicals, organic chemicals, and coatings. Plastics resins activity was flat WASHINGTON – The American Chemistry Council’s Global Chemicals Production Regional Index (Global CPRI) shows that growth in the industry has been nearly flat most of 2016. The headline index for Sept. showed no gain or loss on a three-month moving […]

By November 1, 2016 0 Comments Read More →
September US chemical production increases

September US chemical production increases

The chemical production industry one of largest in the United States, a $797 billion enterprise WASHINGTON – The US Chemical Production Regional Index (US CPRI) expanded by 0.2 per cent in Sept., following a 0.3 per cent decline in Aug. and flat growth in July, according to the American Chemistry Council press release. In Sept., chemical production […]

By October 28, 2016 0 Comments Read More →
US chemical industry investment linked to shale gas tops $164 Billion

US chemical industry investment linked to shale gas tops $164 Billion

“Our country has become the most attractive place in the world to make chemicals, and a historic wave of expansion and investment is underway.” The American Chemistry Council (ACC) says that US chemical industry investment linked to plentiful and affordable natural gas and natural gas liquids (NGLs) from shale formations has reached $164 billion. Forty per […]

Methane in Texas water wells ‘likely natural’ – UTA study

Methane in Texas water wells ‘likely natural’ – UTA study

Researchers studied 784 freshwater wells for methane leakage in Barnett, Haynesville, Eagle Ford, Delaware Basin shale plays By Seth Whitehead, Energy In Depth Researchers from the University of Texas at Austin have released a report that further contributes to the overwhelming body of evidence that the hydraulic fracturing process has not contaminated drinking water in Parker County – or anywhere […]

By February 16, 2016 1 Comments Read More →
2015 natural gas prices down 41%, production up

2015 natural gas prices down 41%, production up

Natural gas inventories grew late in 2015 Natural gas spot prices in 2015 at the Henry Hub in Louisiana, a national benchmark, averaged $2.61 per million British thermal unit (MMBtu), the lowest annual average level since 1999, according to the US Energy Information Administration. Daily prices fell below $2/MMBtu this year for the first time […]

Chemical Activity Barometer cools, signals slowdown of economic activity

Chemical Activity Barometer cools, signals slowdown of economic activity

Leading economic indicator shows marked deceleration from second quarter The Chemical Activity Barometer, a leading economic indicator created by the American Chemistry Council (ACC), dropped 0.4 per cent in Sept., following a revised 0.2 per cent decline in Aug. The chemical industry has been found to consistently lead the U.S. economy’s business cycle given its […]

By September 30, 2015 0 Comments Read More →