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COVID-19 coronavirus

Pandemic Prompts ExxonMobil to Reduce 2020 Capex by 30%

As market conditions evolve, ExxonMobil will continue evaluating the impacts of decreased demand on its 2020 production levels, as well as longer-term production impacts.
April 9, 2020

ExxonMobil recently announced it is reducing its 2020 capital spending by 30% and lowering cash operating expenses by 15% in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic.


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Qinghuang Lin

Lin Named Winner of 2020 Roy W. Tess Award in Coatings

For more than 20 years, Qinghuang Lin has reportedly made impactful contributions to the field of advanced photoresist coatings for modern electronics.
April 9, 2020
The officers and Award Committee of the American Chemical Society (ACS) Division of Polymeric Materials: Science and Engineering (PMSE) recently announced that the winner of the Roy W. Tess Award in Coatings for 2020 is Qinghuang Lin, Ph.D.
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acquisitions_mergers_puzzle

Nouryon to Acquire Metal Alkyls Business from Sasol

The transaction is expected to be finalized during the second quarter, after which Nouryon will gradually move production to its site in Rotterdam.
April 8, 2020

Nouryon recently announced that it has entered into an agreement to acquire Sasol’s merchant triethyl aluminum business, including its specialty fleet of returnable cylinders.


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Generic_News

What Impact Does Residential Construction Have on the U.S. Economy?

Building 1,000 average single-family homes creates 2,900 full-time jobs and generates $110.96 million in taxes and fees for all levels of government, according to NAHB’s “National Impact of Home Building and Remodeling” report.
April 8, 2020

A recent study from the National Association of Home Builders (NAHB) shows that housing stands poised to lead the economic rebound once social distancing and other virus mitigation efforts show success in containing the coronavirus pandemic.


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Clariant Martin John

John Named New Global Head of Advanced Surface Solutions at Clariant

With his knowledge and experience in managing international businesses, Martin John and his team will continue to transform the business line into a leading solution provider.
April 7, 2020
Clariant recently announced that Martin John has been appointed global head of the Advanced Surface Solutions business line in its Additives business unit, as of April 1, 2020.
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smart home

Germ Concern Over Shared Surfaces Will Help Push Near 30% Growth in Smart Home Voice Control

Greater emphasis and understanding and, above all, a change of habit and experience in moving away from physical actuation toward using voice in the home will support greater smart home expansion throughout individual homes.
April 7, 2020

A global emphasis on working from home, combined with advice to minimize COVID-19 transmission from shared surfaces even within a home, will help cement the benefits of smart home voice control for millions of consumers.


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red tape

EPA Announces Plan to Reduce TSCA Fees for Stakeholders

The EPA plans to initiate a new rulemaking process to consider proposing exemptions to the current TSCA Fees Rule’s self-identification requirements associated with EPA-initiated risk evaluations for certain manufacturers.
April 6, 2020
The U.S. Environmental Protection Agency (EPA) recently announced a plan to consider a proposed rule that would look at potential exemptions to the TSCA Fees Rule in response to stakeholder concerns about implementation challenges.
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