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CGTN | January 17, 2020
In a landmark move in the future China-U.S. relations, the phase one economic and trade deal was signed on January 15 in Washington. Chinese Vice Premier Liu He and U.S. President Donald Trump officially sealed the deal in the East Room of the White House. This comes as a good news for the muted chemical industry across the U.S. and China, which found itself caught in the crossfire between the world's two largest economies. Even though the spotlight has been seldom onto the trade war impact ...
Stateimpact | September 21, 2020
At a marina in Moundsville, West Virginia, Dan Williamson looked out across the Ohio River at a quiet stretch of land on the other side. “There’s a little activity going on,” said Williamson, a spokesman for PTT — an oil and gas company based in Thailand that wants to build an ethane cracker on the far side of the river, in Dilles Bottom, Ohio. “But really we’re kind of in between phases right now.” The plant would turn the region’s plentiful natur...
American Chemistry Council | June 26, 2020
The COVID-19 pandemic has pushed the US and world economies into the worst recession in decades, and the US chemical industry will see a sharp decline before rebounding next year, according to the an updated outlook from the American Chemistry Council (ACC). The trade association’s baseline prediction is for a 9.3% decline in US chemical production volume this year. Its pessimistic outlook, in which COVID-19 cases start spiking again, is for a 14.7% production decline, and i...
Chemical Management
Chevron | February 23, 2022
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation and Bunge North America, Inc., a subsidiary of Bunge Limited announced the signing of definitive transaction agreements to create their previously announced joint venture. The new venture will create renewable feedstocks leveraging Bunge’s expertise in oilseed processing and farmer relationships and Chevron’s expertise in fuels manufacturing and marketing. The agreements are subject to customary closing conditions, including re...
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