Economics

Today, many plants run on slim profit margins, so best practices and trends highlighting ways to save costs, minimize expenses and reduce overspending are more prudent than ever.

Articles

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ICIS: Chemical Industry Braces for Regulatory Shifts and Trade Tensions in 2025

Expert details impact of new administration on environmental policy, tariffs and manufacturing.
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Oil gas refinery or petrochemical plant with increase bar chart and arrow layered behind it

Chemical Industry Outlook 2025: Gradual Momentum Builds

After years of stagnation, industry anticipates 1.9% output growth driven by investment and easing monetary policy.
Chemical Processing Job Satisfaction Salary Survey notebook with drawn image of someone happy to be receiving money

How Much Do Chemical Engineers Make in 2024? Chemical Industry Salaries Continue to Rise

Annual survey reveals continued positive job outlook and earnings despite a dip in hiring.
President-Elect Trump's impact on chemical industry

Election 2024 Recap: Chemical Industry Sees Regulatory Relief in Trump's Return

As manufacturers welcome a potential rollback of Biden-era rules, experts warn companies must still answer to shareholders and customers on environmental commitments.

News

Air Products
Air Products headquarters

Air Products Names New CEO

Feb. 5, 2025
Former Linde executive Eduardo F. Menezes to become CEO after Seifi Ghasemi steps down.
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Dow Chemical company's Texas Innovation Center built in 2015.

Dow to Cut 1,500 Jobs to Reduce Costs

Feb. 3, 2025
The company said proactive, additional actions will further reduce costs in response to ongoing macroeconomic weakness and support its long-term growth objectives.
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Economic tariffs and government taxation or punative tariff trade policy or duties imposed on imports and exports by a government on imported or exported goods as Protectionism as a 3D illustration.

Industry Trade Groups Respond to Trump Tariffs

Feb. 3, 2025
Several chemical industry trade groups expressed concern over potential supply chain disruptions and increased operational costs.
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Oil tanks at sunset , hongkong tung chung

Chinese Chemical Plants Close Early as Trade Tensions Mount

Jan. 27, 2025
Threat of U.S. tariffs ripples through global markets as manufacturers shut down ahead of Lunar New Year; Canada's $25 billion chemical trade with the United States hangs in balance...
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Laptop screen displaying Chemical Processing logo and salary survey results

Chemical Processing Reveals 2024 Job Satisfaction and Salary Survey Results

Nov. 20, 2024
Annual survey continues to highlight a healthy industry outlook among chemical engineering professionals.
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The Business Side: Flow Control Acquisition, Carbon Capture Commercialization and Leadership Promotion

Nov. 19, 2024
Private equity firm acquires flow control maker Cashco, Carbon Clean ramps up its commercialization with supply chain agreement, and Motion Industries announces an executive promotion...
Trump Names Liberty Energy CEO Chris Wright as Next Energy Secretary

Trump Names Liberty Energy CEO Chris Wright as Next Energy Secretary

Nov. 18, 2024
President-elect selects shale industry leader to head energy department, promising a new era of American energy innovation and global influence.
Albemarle cuts workforce

Albemarle Cuts Workforce Again

Nov. 8, 2024
For the second time in 2024 the Charlotte-based manufacturing company announces layoffs to offset major sales declines.