Industry News
Chemicals
Top stories summarized by our editors
8/3/2020

Chemical Safety Board Chairperson Katherine Lemos will continue to carry out the agency's "important safety mission," despite being the CSB's sole board member, said spokeswoman Hillary Cohen on Friday. "We support the CSB having all its members and the board being adequately funded," said American Chemistry Council spokesman Scott Jensen, adding the ACC has shared its recommendation with Congress.

Full Story:
Reuters
More Summaries:
Scott Jensen
8/3/2020

The promotion of sustainable chemistry technologies will be encouraged through the Sustainable Chemistry Research and Development Act passed by the Senate. The bill instructs federal agencies to coordinate work related to sustainable chemistry while developing strategies for its promotion by the government, and is endorsed by the American Chemistry Council and several other groups.

8/3/2020

The House of Representatives has advanced a $1.3 trillion minibus to fund the federal government in fiscal 2021. The bill would increase Energy Department funding by $2.3 billion to $41 billion, and direct $694.6 billion to the Defense Department.

8/3/2020

Ohio and Pennsylvania both have much to gain from Royal Dutch Shell's existing cracker and a site proposed by PTT Global Chemical, writes Earl Baker, a former Pennsylvania state lawmaker. The corresponding shale boom will create jobs, spur economic investment and benefit the environment by accelerating the shift toward natural gas, he writes.

8/3/2020

Trinseo reported a net loss of $128 million in the second quarter of the year, but President and CEO Frank Bozich says demand began recovering in the latter part of the period. "This gives us confidence that the worst demand impacts from COVID-19 are behind us," he says.

More Summaries:
Trinseo
8/3/2020

LyondellBasell in April slowed construction on a facility in Texas that will produce propylene oxide and tertiary butyl alcohol and now plans to bring it online in the third quarter of 2022 -- about a year later than anticipated.

More Summaries:
PO
8/3/2020

Methylene diphenyl diisocyanate demand has declined during the pandemic and the current economic landscape doesn't support major capacity additions for the substance, says Huntsman CEO Peter Huntsman. "We may seek to grow our capacity incrementally over the next few years, but do not currently plan any major expansions," he says.

7/31/2020

The Bureau of Land Management is proposing revisions to Obama-era regulations for measuring and reporting oil and natural gas production on federal lands that could deliver more than $130 million in savings to energy companies over the next 10 years. The rule changes are meant to ease the bureaucratic burden on smaller players, which have struggled following the demand slump in recent months.

Full Story:
The Associated Press
7/31/2020

The Environmental Protection Agency doesn't intend to extend its temporary enforcement policy, which is set to expire on Aug. 31. "As state and local restrictions are relaxed or lifted, so too may the restrictions that potentially impede regulatory compliance, reducing the circumstances in which the temporary policy may apply," wrote EPA official Susan Parker Bodine in a memo last month.

7/31/2020

BASF, Celanese, DuPont, Huntsman and Solvay reported double-digit sales and earnings declines in the second quarter of the year. "The improvement in many downstream industries should support better fundamental market conditions in the broader chemical industry for the rest of 2020," said Moody's in a recent report.

More Summaries:
Solvay

Pages