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SOCMA Addresses China Tariffs and Impact on Specialty Chemical Manufacturers

As the U.S. and China negotiate the sequencing of tariff removal, SOCMA reports that it is proactively monitoring and advocating on behalf of the specialty chemical industry.
May 28, 2019
The Trump Administration’s decision to raise tariff rates from 10 to 25% on $200 billion in Chinese imports will disproportionately burden specialty chemical manufacturers, according to a statement released by the Society of Chemical Manufacturers & Affiliates (SOCMA).
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LORD Redelease award

Redelease Receives LORD Preferred Distributor in South America Award

In addition to commercial performance, questions evaluated by LORD to define the winner of the award include the numbers of projects implemented and some qualitative aspects, such as excellence in customer service.
May 23, 2019
For the second consecutive year, LORD, a Brazilian subsidiary of the North American LORD Corp., has awarded Redelease as the Preferred Distributor for Structural Adhesives in South America in 2019.
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generic chemicals

Chemical Activity Barometer Shows Third Monthly Gain in May

The CAB has four main components, each consisting of a variety of indicators: production, equity prices, product prices, and inventories and other indicators.
May 23, 2019
The Chemical Activity Barometer (CAB), an economic indicator created by the American Chemistry Council (ACC), rose 0.4% in May 2019 on a three-month moving average basis, the third monthly gain after several weak months.
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New Products Sign

ASHLAND: Rheology Modifier

Aquaflow™ NMS-460E rheology modifier is a solvent-, tin-, and alkylphenol ethoxylate (APEO)-free nonionic synthetic associative thickener.
May 21, 2019
Ashland recently announced the launch of a new nonionic synthetic associative thickener (NSAT).
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Covestro Jerry MacCleary

Covestro CEO MacCleary to Retire at Year’s End

Jerry MacCleary’s retirement caps a 40-year journey at Covestro; he first joined the company in November 1979 as an accountant.
May 17, 2019
Covestro LLC recently announced that Jerry MacCleary will retire from his current position as CEO and chairman of the board, effective December 31, 2019.
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generic chemicals

DOE Recognizes Eastman Chemical for Manufacturing Leadership

The DOE reports that Eastman has improved its energy productivity by approximately 12% since joining the Better Plants Challenge, putting the company more than halfway toward meeting its goal.
May 16, 2019
The U.S. Department of Energy (DOE) recently announced that it had recognized the energy productivity achievements of Eastman Chemical.
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