Industry: Chemicals & Plastics

In line with the Paris Agreement’s targets of reducing greenhouse gas (GHG) emissions by 45% by 2030 and reaching net zero emissions by 2050, companies across the world are looking for ways to reduce their emissions. There are some seeing this trend as an emerging market and are working to monetize other companies’ carbon emissions. […]

One of the largest problems affecting the chemical industry in recent years has been the pressure to transition toward clean energy and reduce carbon emissions. More than 20 of the firms in the Chemical & Engineering News (C&EN) Global Top 50 have made investments recently in sustainability or currently have sustainability projects in development. At […]

The U.S. built a little over 3,000 miles of crude oil pipeline capacity during 2018 to 2020 to reach 84,816 miles in 2021, transporting 1.2 billion barrels of crude oil that year. No significant oil pipeline capacity additions have been made since, and U.S. oil production averaged 11.9 million barrels per day in 2022, that […]

The aviation industry has faced significant obstacles in reducing its environmental impact, particularly in terms of greenhouse gas emissions. However, stakeholders across the aviation value chain are now committed to pursuing sustainability objectives. In both, the United States and Europe, policymakers and industry leaders have implemented supportive policies and incentives to promote the widespread adoption […]

U.S. private equity (PE) deals declined in value by 30% in 2022 from the record high of 2021 but dry powder changed marginally. Materials and resources were hard hit and deal value and transactions both fell by ~70% and ~40%, respectively. (Exhibit 1) Exhibit 1: Private equity deals and assets Plastics M&A also fell from […]

After a few good years, outperforming broader markets in the past decade, the chemicals industry currently faces significant challenges moving forward. Feedstock cost competitiveness and new markets, two of the more significant market drivers, have a positive outlook. However, other drivers are negative, such as the current direction of interest rates, or neutral, such as […]

Per- and polyfluoroalkyl substances (PFAS) have gained significant attention due to their widespread use, persistence in the environment, and potential adverse health effects. A recent study on landfill leachate conducted by the U.S. Environmental Protection Agency (EPA) found PFAS in 95% of landfills. Based on these findings, in January 2023 the EPA announced that they […]

Nova chemicals launches metallocene film grade PEs –SURPASS Nova chemical is launching four film grade resins –the first of its new high-performance PE resins underSURPASS trade name, produced with NOVA SCLAIRTECH technology using proprietary single-site catalysts. SURPASS resins deliver a unique combination of properties like toughness, tear strength, clarity and processability. The grades include FPs […]

Compressors are used in a wide range of applications in the oil and gas, energy, and petrochemical industries. The growing hydrogen, carbon capture, biofuels, and other energy transition markets present new opportunities for compressor companies. Many of these industries are being built from the ground up, offering years of growth for compressors and related equipment […]

In 1987, the world collectively decided to ban chlorofluorocarbons (CFCs) after discovering their devastating impact on the ozone layer. Despite the industry’s initial concerns about the economic implications, the ban was successful, and the ozone layer is now on the road to recovery. The ongoing debate around “forever chemicals” such as PFAS calls for a […]

AMERICAS Shintech seeks permit for ethylene plant Shintech has applied for a permit from the Louisiana Department of Environment Quality for the construction of a 500 KT ethylene plant. A site for the plant has not been chosen yet. Comments: Shintech, the U.S. subsidiary of Shin-Etsu Chemical has recently focused on a strategy of backward […]

At the 2023 FlexPO+ (now incorporated into the ADI Forum), Jose Sanchez Mendez, Director, Plastics and Polymers, Mathiesen USA, highlighted the company’s long-standing presence and diverse business model in the chemical industry, particularly in the area of specialty polymers. Mathiesen operates through distribution, representation, and production. Mendez said that with global reach, strong financial footing, […]