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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Trade War between U.S. and Canada
Head of the Chemistry Industry Association of Canada discusses the potential impact of a trade war with the U.S. and his hopes for the industry’s future.
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Canada-U.S. Tariffs
Industry leaders warn proposed duties could disrupt $60 billion in cross-border chemical commerce and destabilize critical supply chains.
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Growth arrow oil price graph
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
After years of stagnation, industry anticipates 1.9% output growth driven by investment and easing monetary policy.

News

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braided synthetic cables with textile coating on black background
April 15, 2025
Rising demand from mobility, telecom and construction sectors is driving new capacity for polyolefin- and elastomer-based sheathing materials.
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Orange metal storage tanks with sulfuric acid and its formula on tank
April 14, 2025
The acquisition of Cornerstone Chemical Company assets in Louisiana will add capacity to Ecovyst’s Gulf Coast sulfuric acid network.
Alliance for Chemical Distribution personnel announcement
April 11, 2025
Appointment coincides with group’s recent pushback against tariffs.
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LAYOFF rubber stamp on paper with paper pins in the background.
April 9, 2025
Chevron plans to lay off 600 employees at its California headquarters as the company relocates to Houston in a restructuring move to reduce costs and improve efficiency.
Thomas Banneyer/dpa/TNS
The Bayer logo, shines on the company's site in Leverkusen.
March 5, 2025
Despite facing financial difficulties, Bayer's CEO Bill Anderson expresses optimism about leading the company out of its problems. Ongoing restructuring efforts are expected to...
LyondellBasell
LyondellBasell Houston plant
March 3, 2025
The new metathesis unit will convert ethylene into propylene for use in the production of polypropylene and propylene oxide.
Suspension of Venezuela’s Oil License Strike a Heavy Blow
Feb. 28, 2025
The Trump administration revokes oil licenses in Venezuela.
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Air Products sign outside of the headquarters in Allentown, PA
Feb. 26, 2025
Planned hydrogen production facility among the projects the company will scrap.