Chemicals

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

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BASF postpones Texas chemical plant on ‘volatile’ commodity prices

BASF decision based on mid- and long-term crude oil price forecasts By Ernest Scheyder HOUSTON, June 6 (Reuters) – BASF SE, the world’s largest chemical producer, said on Monday it would refrain for now from building a propylene plant in Texas because of volatile commodity prices, a sign that an aggressive U.S. Gulf Coast petrochemical building

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Dimock, Penn. study doesn’t link water issues to fracking, despite what fractivists say

ATSDR does not link water issues to fracking in the Dimock area By Nicole Jacobs, Energy In Depth This week, the federal Agency for Toxic Substances and Disease Registry (ATSDR), a part of the Center for Disease Control (CDC), released its findings on the U.S. Environmental Protection Agency’s (EPA) data from water testing in Dimock,

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Chemical Activity Barometer signals increase in US business activity

Chemical Activity Barometer is leading economic indicator derived from a composite index of chemical industry activity WASHINGTON– The Chemical Activity Barometer (CAB) expanded 0.6 per cent in April following a revised 0.1 per cent increase in March and 0.2 per cent decline in Feb. All data is measured on a three-month moving average (3MMA). Accounting for

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Exxon Mobil Chemical leveraging feedstock advantages to service growth in developing countries

Significant investment for Exxon Mobil Chemical is expansion of its export-based position at Mont Belvieu, Texas Exxon Mobil Chemical, the world’s fourth-largest chemical company, is leveraging its logistics prowess and investing in strategic American export-oriented facilities to ensure its competitiveness in a low oil-price environment, according to a new report from IHS Inc. ExxonMobil Chemical’s product

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Exxon Mobil eyeing competitors while prices are low

Exxon Mobil on track to start up 10 new upstream projects in 2016/17, adding 450,000 b/d of production capacity Exxon Mobil is interested in acquisitions while oil prices are low, but CEO Rex Tillerson told the annual meeting with investors in New York that sellers have unrealistic price expectations. Tillerson said Wednesday that Exxon Mobil Corp. is in financial position to

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Study alleges harm from fracking chemicals with zero evidence

Landmark EPA study says fracking has not led to “systemic contamination” of American drinking water supplies This week, researchers from Yale University released a study claiming that chemicals found in fracking fluids and wastewater could “possibly be associated with reproductive or developmental toxicity” in humans. The researchers analyzed certain chemicals that could possibly be used during fracking

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Refinery runs may boost products oversupply – Platts

Unplanned issues at Gulf Coast refinery could provide some support to spot product prices if supply is curtailed significantly With U.S. refinery runs eyeing the 17-million-barrel-per-day (b/d) threshold this week, any resulting drop in the country’s crude inventories will likely be converted into product stock builds, exacerbating the persistent oversupply that has weighed on oil markets,

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