Chemicals
Top stories summarized by our editors
10/19/2018

The Environmental Protection Agency expects to propose changes to an Obama-era risk management plan by January 2019, per its fall agenda released Wednesday. The agency says the changes will save companies $88 million annually.

10/19/2018

The American Chemistry Council continues to support the Environmental Protection Agency's proposed regulation on the use of science in rule-making, with the final rule due out January 2020. "EPA's proposed rule is an important step toward ensuring the science the agency relies on in decision-making is transparent and accessible, and we look forward to continuing our work with the agency to help ensure it can reach that goal," says ACC spokesman Jonathan Corley.

10/19/2018

The Food and Drug Administration's CLARITY Core report found that bisphenol A is safe -- an outcome that eliminates uncertainty regarding BPA safety and is well worth the $30 million price tag, writes the American Chemistry Council's Steven Hentges.

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Morning Consult
10/19/2018

PPG Industries posted a 1.1% year-over-year revenue increase to $3.82 billion in its fiscal third quarter, despite a 7.1% increase in material costs. CEO Michael McGarry says the company will continue to lift prices throughout 2019.

10/19/2018

Solvay shared three new grades of its Ryton polyphenylene sulfide resin and its Technyl and Technyl star nylon 6/6 products at Fakuma 2018. BASF is in the process of acquiring Solvay's nylon assets, with the deal expected to close early next year.

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Solvay, BASF, Fakuma
10/19/2018

Sasol has arranged a 75% advance for a chemical complex under development in Lake Charles, La. It says the project's capital costs are expected to remain within the predicted $11.13 billion.

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Sasol
10/18/2018

Merck will begin centrally allocating funds for performance materials research and development as it aims to cut the segment's product-to-market time from five or more years to a range of one to three years, Chief Financial Officer Marcus Kuhnert says. Performance materials' second-quarter sales were down 4.2%.

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Marcus Kuhnert
10/18/2018

Electric and autonomous vehicles are driving demand for polycarbonates, which Covestro expects will grow in the next five years at a compound annual rate of 4%. Philipp Polenz, a company executive, says Covestro is considering expanding polycarbonate production in China.

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polycarbonates, Covestro
10/18/2018

Many CPG companies are using artificial intelligence in growth mapping to increase revenues and growth while removing time and budgetary restraints, writes Vinit Doshi, a Periscope By McKinsey senior expert. AI and machine learning have the ability to find growth opportunities faster that humans.

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CPG Matters magazine
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AI
10/18/2018

Sacha Connor, director of marketing for Clorox, is leading a campaign that changes the old-school image of Pine-Sol. The need for the change was reinforced when she was turned down by two influencers who felt like Pine-Sol didn't work with their brand.