The project reportedly represents the single-largest capital investment in LyondellBasell’s history.
Fluor Corp. was selected by LyondellBasell to perform the engineering and procurement for its propylene oxide and tertiary butyl alcohol project near Houston.
The estimated 95 billion lbs. of coating produced worldwide in 2017 will consume 92% of the additive volume and the 8.4 billion lbs. of ink the remainder.
Global consumption of the five leading additives in coatings and inks in 2017 is a projected 2.7 billion lbs., worth over $5 billion.
This weekly roundup highlights the adhesives, sealants and coatings news stories that garnered the most attention during the previous week on our website, as well as our eNewsletter and social media platforms.
Adhesive and sealant manufacturers and end users are always looking for a competitive edge. Faced with a bewildering number of formulation choices and risk/reward tradeoffs, they can end up getting left behind as technologies advance, or make a technical or business mistake if they are too aggressive. There are literally hundreds of raw materials to choose from, a long process to validate and verify new ingredients, and precious little time for internally driven product development projects.
Disruptions from Hurricane Harvey were most pronounced in the Gulf Coast region which saw a steep decline, following three months of solid gains.
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index was flat in August, following strong gains in July (1.2%) and June (0.8%), as measured on a three-month moving average (3MMA) basis.