Data collected and tabulated by the American Chemistry Council (ACC) show that the global chemical industry ended the second quarter on a good note. ACC’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.4 percent in June, following a 0.9 percent gain in May and drops in the first quarter. […]
Global Chemicals Production Remains High Read More »
Activity in the chemical industry remained positive. The American Chemistry Council (ACC) recently reported that U.S. specialty chemicals market volumes ended the second quarter on a solid note, increasing 0.4 percent in June after a slightly revised 0.4 percent gain in May, and a 1.0 percent gain in April. All changes in the data are
U.S. Specialty Chemicals Markets End Second Quarter on a Solid Note Read More »
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) expanded by 0.2 percent in March, following a 0.4 percent decline in February, and a 0.6 percent decline in January, as measured on a three-month moving average (3MMA) basis. During March, chemical output moved higher in all regions, except the
U.S. Chemical Production Moves Higher Read More »
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), slipped 0.1 percent in April to 121.6 percent on a three-month moving average (3MMA) basis. This follows six consecutive monthly gains and a dip from the barometer’s highest point since modeling began. The barometer remains up 3.8 percent on
During the next five years, strong demand for oil and gas will shift towards petrochemicals and away from motor oils and fuels according to a new report from the International Energy Agency (IEA). Below is a summary of the report from IEA. Strong global demand for The journey to 2023 is starting from a relatively
Oil Demand Growth to Shift to Petrochemicals Read More »
By modernizing the North American Free Trade Agreement (NAFTA), President Trump can help the U.S. capitalize on the chemical industry’s strong competitive advantage created by domestic shale gas; boost U.S. chemical exports to Canada and Mexico by 34 percent by 2025; and support the chemical industry’s positive contribution to the U.S. trade balance, according to
ACC Report: NAFTA Critical to Growth and Job Creation by U.S. Chemical Manufacturers Read More »
Carroll Daniel Construction recently acquired the assets of O’Neal, Inc.’s engineering practice and three of its subsidiaries – Quest Site Solutions, INfab and Bridge Automation. Under this new ownership, O’Neal will now be known as Carroll Daniel Engineering. This will not significantly impact current or upcoming projects. O’Neal has built a strong reputation in engineering, known for its technical excellence, customer-centric approach, and high-quality service in the industrial and manufacturing sectors. Carroll Daniel adds 78 years of experience as a nationally-recognized construction services firm. With this acquisition, our combined team is able to expand and evolve with industry demands and priorities. You will still receive the high level of engineering services you have come to know from O’Neal, but with an added value of industry expertise and insight that make for more seamless project planning.