Chemical industry

Bio-based Platform Chemicals Market Worth $22.75 Billion by 2025: Grand View Research, Inc.

Retrieved on: 
Monday, April 1, 2019

SAN FRANCISCO, April 1, 2019 /PRNewswire/ -- The global bio-based platform chemicals market size is expected to reach USD 22.75 billion by 2025 expanding at a CAGR of 12.6%, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, April 1, 2019 /PRNewswire/ -- The global bio-based platform chemicals market size is expected to reach USD 22.75 billion by 2025 expanding at a CAGR of 12.6%, according to a new report by Grand View Research, Inc.
  • Bio-based platform chemicals are gaining popularity over petroleum-based chemicals owing to rising environmental concerns.
  • To avoid losses and the demand-supply conundrum of oil, market participants are shifting their preferences toward bio-based platform chemicals.
  • Grand View Research has segmented the global bio-based platform chemicals market on the basis of product and region:
    Bio-based Platform Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

Bio-based Platform Chemicals Market Worth $22.75 Billion by 2025: Grand View Research, Inc.

Retrieved on: 
Monday, April 1, 2019

SAN FRANCISCO, April 1, 2019 /PRNewswire/ -- The global bio-based platform chemicals market size is expected to reach USD 22.75 billion by 2025 expanding at a CAGR of 12.6%, according to a new report by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, April 1, 2019 /PRNewswire/ -- The global bio-based platform chemicals market size is expected to reach USD 22.75 billion by 2025 expanding at a CAGR of 12.6%, according to a new report by Grand View Research, Inc.
  • Bio-based platform chemicals are gaining popularity over petroleum-based chemicals owing to rising environmental concerns.
  • To avoid losses and the demand-supply conundrum of oil, market participants are shifting their preferences toward bio-based platform chemicals.
  • Grand View Research has segmented the global bio-based platform chemicals market on the basis of product and region:
    Bio-based Platform Chemicals Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)

Chemical Activity Barometer Up Slightly In March

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Tuesday, March 26, 2019

WASHINGTON, March 26, 2019 /PRNewswire/ -- The Chemical Activity Barometer (CAB) , a leading economic indicator created by the American Chemistry Council (ACC), rose 0.1 percent in March on a three-month moving average (3MMA) basis, the first gain in five months.

Key Points: 
  • WASHINGTON, March 26, 2019 /PRNewswire/ -- The Chemical Activity Barometer (CAB) , a leading economic indicator created by the American Chemistry Council (ACC), rose 0.1 percent in March on a three-month moving average (3MMA) basis, the first gain in five months.
  • The unadjusted measure of the CAB rose 0.3 percent in March following six months of shrinking activity.
  • Trends in construction-related resins, pigments and related performance chemistry were mixed and suggest further slowing in housing activity.
  • The CAB is a leading economic indicator derived from a composite index of chemical industry activity.

Sinopec Breaks Ground to Release 2019 Report On China's Energy Industry

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Monday, March 25, 2019

RIYADH, Saudi Arabia, March 25, 2019 /PRNewswire/ -- China Petroleum & Chemical Corporation (Sinopec), Asia's top refiner, issues its "2019 China Energy and Petrochemical Industry Development Report" (the Report) in Riyadh, Saudi Arabia today, becoming the first Chinese company to publish research reports overseas covering the entire petrochemical value chain.

Key Points: 
  • RIYADH, Saudi Arabia, March 25, 2019 /PRNewswire/ -- China Petroleum & Chemical Corporation (Sinopec), Asia's top refiner, issues its "2019 China Energy and Petrochemical Industry Development Report" (the Report) in Riyadh, Saudi Arabia today, becoming the first Chinese company to publish research reports overseas covering the entire petrochemical value chain.
  • At the release event, jointly sponsored by the International Energy Forum (IEF), experts from the Sinopec Economics & Development Research Institute dissected China's petrochemical industry, sharing insights on a range of topics, including four decades of development of China's energy industry, the sector's future path, trends in the international oil market, and the transformation of the energy ecosystem.
  • Divided into three modules - economy, industry and hot topics - the report covers the upstream energy, mid-stream oil refining and downstream petrochemical sectors, and discusses six industry chains and over 40 products.
  • Dissecting China's energy and petrochemical industry in 2018 and projecting the sector's future in 2019, the report, substantiated by key industry data, crystallizes a profound understanding of China's energy industry from Fortune 500 oil companies and excellent think tanks both home and abroad.

Westlake Chemical Joins Global Alliance to End Plastic Waste

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Friday, March 22, 2019

Westlake Chemical Corporation (NYSE: WLK), today announced the company has joined the Alliance to End Plastic Waste (AEPW), an organization launched in January 2019 to advance solutions to eliminate plastic waste in the environment, especially in the ocean.

Key Points: 
  • Westlake Chemical Corporation (NYSE: WLK), today announced the company has joined the Alliance to End Plastic Waste (AEPW), an organization launched in January 2019 to advance solutions to eliminate plastic waste in the environment, especially in the ocean.
  • Westlake is pleased to have joined the Alliance to End Plastic Waste as part of our long-standing commitment to sustainability, said Albert Chao, President and Chief Executive Officer, Westlake Chemical Corporation.
  • Blending its chemical capabilities with a strong, downstream building products business, Westlake delivers life-enhancing products that benefit lives every day.
  • Westlake Chemical Corporation is an international manufacturer and supplier of petrochemicals, polymers and building products with headquarters in Houston.

SCG Chemicals Company chooses gPROMS modelling for digital design and operations

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Friday, March 22, 2019

Process Systems Enterprise (PSE), the Advanced Process Modelling company, today announced that it has signed a long-term agreement with SCG, one of the largest integrated petrochemical companies in South East Asia, to standardise on PSEs gPROMS modelling technology for digital design and operations.

Key Points: 
  • Process Systems Enterprise (PSE), the Advanced Process Modelling company, today announced that it has signed a long-term agreement with SCG, one of the largest integrated petrochemical companies in South East Asia, to standardise on PSEs gPROMS modelling technology for digital design and operations.
  • SCG applies advanced process models within digital design initiatives to explore the process decision space rapidly and effectively, in order to reduce uncertainty and make better, faster and safer design and operating decisions.
  • Dr Suracha Udomsak, SCGs Emerging Business Director and R&D Director, says, at SCG Chemicals, advanced process modelling (APM) is a key element in our Digital Manufacturing platform.
  • PSEs gPROMS is widely used throughout the chemicals, energy, petrochemical, food and pharmaceuticals sectors to accelerate innovation and optimise existing operations.

Univar Solutions Expands the Dow Beauty Care Specialties Organic Product Range Agreement in Greece

Retrieved on: 
Monday, March 18, 2019

ATHENS, Greece, March 18, 2019 /PRNewswire/ -- Europe, Univar Hellas Ltd., a subsidiary of Univar Inc. (NYSE: UNVR) ("Univar Solutions"), a global chemical and ingredient distributor and provider of value-added services, announced today that Dow Europe GmbH, a subsidiary of The Dow Chemical Company ("Dow"), has expanded the Dow beauty care specialties organic product range distribution by Univar Solutions in Greece.

Key Points: 
  • ATHENS, Greece, March 18, 2019 /PRNewswire/ -- Europe, Univar Hellas Ltd., a subsidiary of Univar Inc. (NYSE: UNVR) ("Univar Solutions"), a global chemical and ingredient distributor and provider of value-added services, announced today that Dow Europe GmbH, a subsidiary of The Dow Chemical Company ("Dow"), has expanded the Dow beauty care specialties organic product range distribution by Univar Solutions in Greece.
  • This marks an expanded agreement with Dow where Univar Solutions increases its offering for the beauty and personal care market.
  • Through the expanded agreement, Univar Solutions will market and sell the full range of Dow's personal care specialty ingredients in Greece.
  • With access to a large and prestigious portfolio of beauty and personal care solutions, Univar Solutions offers strong market coverage and industry expertise to supplier partners around the globe.

Univar Solutions Expands the Dow Beauty Care Specialties Organic Product Range Agreement in Greece

Retrieved on: 
Monday, March 18, 2019

ATHENS, Greece, March 18, 2019 /PRNewswire/ -- Europe, Univar Hellas Ltd., a subsidiary of Univar Inc. (NYSE: UNVR) ("Univar Solutions"), a global chemical and ingredient distributor and provider of value-added services, announced today that Dow Europe GmbH, a subsidiary of The Dow Chemical Company ("Dow"), has expanded the Dow beauty care specialties organic product range distribution by Univar Solutions in Greece.

Key Points: 
  • ATHENS, Greece, March 18, 2019 /PRNewswire/ -- Europe, Univar Hellas Ltd., a subsidiary of Univar Inc. (NYSE: UNVR) ("Univar Solutions"), a global chemical and ingredient distributor and provider of value-added services, announced today that Dow Europe GmbH, a subsidiary of The Dow Chemical Company ("Dow"), has expanded the Dow beauty care specialties organic product range distribution by Univar Solutions in Greece.
  • This marks an expanded agreement with Dow where Univar Solutions increases its offering for the beauty and personal care market.
  • Through the expanded agreement, Univar Solutions will market and sell the full range of Dow's personal care specialty ingredients in Greece.
  • With access to a large and prestigious portfolio of beauty and personal care solutions, Univar Solutions offers strong market coverage and industry expertise to supplier partners around the globe.

Global Polycarbonate Market 2019-2023 - Capacity Expansion and Product Development / Rise in M&A Activities / Rising Demand from New Technologies

Retrieved on: 
Friday, March 8, 2019

The analysts have predicted that the polycarbonate market will register a CAGR of almost 5% by 2023.

Key Points: 
  • The analysts have predicted that the polycarbonate market will register a CAGR of almost 5% by 2023.
  • The rising demand for such lightweight and fuel-efficient vehicles is fueling the consumption of polycarbonates, resulting in the growth of the global polycarbonate market.
  • Fluctuations in crude oil prices act as a major threat to the global polycarbonate market.
  • The key players in the global polycarbonate market are Covestro AG, LG Chem., Mitsubishi Gas Chemical Company, Inc., Sabic, Teijin Limited, Trinseo.

Quaker Chemical To Participate In G.research's Specialty Chemicals Conference

Retrieved on: 
Wednesday, March 6, 2019

CONSHOHOCKEN, Pa., March 6, 2019 /PRNewswire/ --Quaker Chemical Corporation (NYSE: KWR) today announced that Michael F. Barry, Chairman, Chief Executive Officer and President and Shane Hostetter, Global Controller will be presenting at G.research's 10th Annual Specialty Chemicals Conference in New York City on Wednesday, March 13, 2019.

Key Points: 
  • CONSHOHOCKEN, Pa., March 6, 2019 /PRNewswire/ --Quaker Chemical Corporation (NYSE: KWR) today announced that Michael F. Barry, Chairman, Chief Executive Officer and President and Shane Hostetter, Global Controller will be presenting at G.research's 10th Annual Specialty Chemicals Conference in New York City on Wednesday, March 13, 2019.
  • Quaker Chemical isaleading global provider of process fluids,chemical specialties, and technical expertise to a wide range of industries, includingsteel, aluminum, automotive, mining, aerospace, tube and pipe, cans, and others.
  • For 100 years, Quaker has helped customers around the world achieve production efficiency, improve product quality, and lower costs through a combination of innovative technology, process knowledge,and customized services.
  • Headquartered in Conshohocken, Pennsylvania USA, Quaker serves businesses worldwide with anetwork ofdedicated and experienced professionals whose mission is to make a difference.