The Environmental Protection Agency last week was ordered by a federal appeals court to rewrite its regulation on industrial boiler emissions while leaving in place a carbon monoxide standard of 130 parts per million. The rewrite could lead to higher costs for the chemical industry.
Efforts at the European Commission and New Plastics Economy to create a circular economy for plastics will require significant infrastructure spending as well as changes to how chemical companies operate, says BASF's Jurgen Becky.
Ethane crackers under development by Royal Dutch Shell in Pennsylvania and PTT Global Chemical in Ohio are close enough to West Virginia to benefit the state economy, writes George Stark of Cabot Oil & Gas. "Residents and businesses right here will also benefit largely from the proximity of these ethane cracker plants no matter which side of the state line they are built," he writes.
Demand for gasoline and heating fuels drove US petroleum consumption to 20.3 million barrels per day in February, marking an increase of more than 1 million barrels per day from February 2017 and approaching record levels not seen in over a decade, according to the American Petroleum Institute. "With US oil and NGL production at record levels -- and a resilient industry value chain that has absorbed the growth -- consumers are benefiting from this momentum and enjoying affordable and reliable fuels made right here at home," said API Chief Economist Dean Foreman.
Many organizations mistakenly take a narrow view of who can become a leader or who the competition is, writes Mark Busine of DDI. "Instead, organizations need to broaden their definition of leadership potential to uncover diverse skill sets and mind sets that may be better suited to meet new challenges facing the company," he writes.
A federal safety rule for chemical facilities that has been delayed 20 months by the Trump administration was the subject of a hearing Friday before a panel from the US Court of Appeals for the District of Columbia Circuit. The government has been sued over the delay.
The Environmental Protection Agency is expected to issue a draft rulemaking affecting how the agency uses science when crafting rules, according to Steve Milloy, a member of the EPA transition team.
Mitsubishi Chemical is working on recycling carbon fibers found in spent plastics and using them for the automotive industry and other applications.
The Appalachian region would be able to benefit from domestic sources of natural gas liquids if it could fund and build a storage and trading hub, writes Brooks McCabe. The supply of NGLs means "up to $36 billion of investment could be funneled into the northeast's petrochemical and plastic manufacturing facilities, creating employment for 100,000 workers," he writes, citing the American Chemistry Council.