Raw Materials and Chemicals - Articles - Page 171

SOCMA: Two New Services for the Chemical Industry

According to SOCMA, these services will assist companies in addressing workforce development challenges.

March 31, 2020

SOCMA recently announce two new services for the chemical industry: a modernized Chemical Operations Tool and a new Career Center.

Nouryon Expands Raw Material Partnership with Sumitomo Chemical

A new plant, to be owned and operated by Sumitomo, will produce 1,3-diisopropanolbenzene (DIOL) and is due to start production in 2021.

March 30, 2020

Nouryon recently announced that it is expanding its partnership with Sumitomo Chemical to include a new facility that Sumitomo is building at its site in Oita, Japan.

Covestro Signs Loan Facility with European Investment Bank to Support Research and Development Activities

Last year, Covestro put in place a global strategic program to establish the theme of circular economy throughout all areas of the company.

March 27, 2020

Covestro recently announced that it will take a loan with the European Investment Bank (EIB) for €225 million (approximately $243.7 million) to provide medium-term funding to strengthen its R&D work in the areas of sustainability and circular economy within the European Union (EU).

ASC Partners with ITR Economics on Forecasting Tool

The goal of the tool is to help companies develop sales forecasts in a specific market or sector using 101 key metrics specifically chosen for the adhesives and sealants industry.

March 27, 2020

The Adhesive and Sealant Council (ASC) has partnered with ITR Economics to create the ITR Market Forecasting Tool.

SOCMA Reinforces Critical Role Specialty Chemical Manufacturers Play in Fighting COVID-19

SOCMA reports that it welcomes the U.S. Department of Homeland Security’s (DHS) classification of chemical manufacturing as a Critical Infrastructure Sector.

March 26, 2020

The Society of Chemical Manufacturers and Affiliates (SOCMA) recently sent a letter to the White House and state governors reinforcing that specialty chemical manufacturers play a critical role in providing essential products to fight the COVID-19 pandemic.

EPA Announces Final Rule to Modernize TSCA Reporting

The EPA is extending the reporting period for CDR data submitters from September 30 to November 30 in order to provide additional time for the regulated community to familiarize themselves with these revisions.

March 25, 2020

The U.S. Environmental Protection Agency (EPA) recently announced that it is finalizing amendments to the Chemical Data Reporting (CDR) rule that reduce the burden for certain CDR reporters, improve the quality of CDR data collected, and align reporting requirements with the Lautenberg Act amendments to the Toxic Substances Control Act (TSCA).

Gaffney Named Chief Financial Officer of VanDeMark Chemical

As a key member of the leadership team, Mike Gaffney will lead VanDeMark’s finance, accounting, and IT teams and collaborate with the commercial and operations groups.

March 25, 2020

VanDeMark Chemical recently announced the appointment of Mike Gaffney as chief financial officer (CFO).

Manufacturers Take Action to Combat Coronavirus

I’d love to hear from you regarding some of the initiatives your company has undertaken in response to COVID-19.

Susan Sutton

March 25, 2020

Manufacturers of all sizes and in myriad industries have jumped into action to provide relief in the form of monetary and product donations, repurposed production lines, and more in order to combat the global threat of COVID-19.

Market Trends

TiO2 and the Coronavirus

The titanium dioxide industry, like the rest of the world, finds itself coping with the coronavirus epidemic.

Gerald Colamarino

March 23, 2020

TiPMC believes this scenario sets up the TiO₂ industry for a roller coaster impact throughout the next several months. The implications of a weaker Chinese economy will be involved in a balancing act with reduced Chinese production and increasing Chinese production costs.