Industry News
Chemicals
Top stories summarized by our editors
5/28/2020

Mexico's chemical association Aniq is consulting with the American Chemistry Council and the International Council of Chemical Associations to develop an alternative program for chemical management that would encourage international trade and stop "commercial barriers." ACC has previously stated that using a risk-based process for regulating chemicals "is the preferred approach throughout America."

5/28/2020

Ample access to low-cost shale gas has accelerated chemical construction activity on the US Gulf Coast and more projects are expected to come online this year, says Tim Gould of the International Energy Agency. Ethylene supply is already outpacing demand, which could be further eroded by the pandemic, "[but] the longer-term outlook for petchems product is still very robust," he says.

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Tim Gould
5/28/2020

Support from a longtime executive coach and psychologist taught Mark Vergnano of Chemours how to lead consistently, clearly and confidently -- and prepared him to deal with the coronavirus pandemic. Before coaching, Vergnano says, he accepted too many excuses from employees, and he has since learned how to hold people more accountable.

5/27/2020

Many oil refineries began adapting their operations to switch between products before the pandemic due to electrification in the automotive market, and those companies are now well-positioned to supply certain chemicals that are in high demand, says Mark Porter of Bain & Company. Some companies are also reformulating hand sanitizers and other goods to use low-cost ethanol or responding to climbing isopropyl alcohol costs by building new facilities.

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Mark Porter
5/27/2020

As Indian traders resumed buying Malaysian palm oil, domestic producers urged the Indian government to hike tariffs on edible oil imports and ban imports of refined palm oil. Meanwhile, small oil palm producers in Malyasia have been hard hit by falling prices.

5/27/2020

Clariant will ramp up production of its mild, plant-based surfactants, which the company says are in high demand as consumers seek gentler personal care products. The ingredients can be used in body wash and shampoos, among other uses.

5/27/2020

The US Food and Drug Administration has approved a generic version of the Vascepa heart health drug based on fish oil. However, an appellate court is reviewing a March decision invalidating Amarin's patent for Vascepa, and a reversal could still block competitors.

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The Motley Fool
5/27/2020

A new study found that participants who consumed high-fat dairy products had a lower incidence of metabolic syndrome overall, and specifically hypertension and diabetes, while those consuming low-fat dairy products had a higher incidence. The data came from a study on 147,812 individuals from 21 countries and was published in BMJ Open Diabetes Research & Care.

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The Hindu (India)
5/27/2020

New research found that patients with chronic obstructive pulmonary disease who had higher plasma levels of omega-3 fatty acids experienced slower emphysema progression and lower overall risk for respiratory disease. Researchers studied data from 6,573 Americans who were assessed at various points between 2000 and 2018.

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HCPLive Network
5/27/2020

A multi-institution team of researchers has received a $10 million federal grant to investigate the use of genetic engineering to adapt the oilseed plant pennycress for use in animal feed, biodiesel and jet fuel. John Sedbrook, a genetics professor at Illinois State University, said investigators have already created plants whose seeds do not fall to the ground as easily, and will work on both making pennycress seeds more nutritious and making the plant easier to cultivate.