The American Chemistry Council recently announced that potential new U.S. chemical industry investment spurred by shale gas has surpassed $100 billion. The nearly 150 projects that have been reported – restarts, expansions, and brand new facilities – could create an estimated $81 billion per year in new chemical industry output and 637,000 permanent jobs by […]
Illinois Sustainable Technology Center studies energy potential of non-recycled plastics
Given our nation’s need to improve energy security, a diverse energy supply is more important than ever. That diversity includes technologies that derive energy from waste, enabling us to harness the power of this underutilized resource. A new report released earlier this month revealed in greater detail the energy that can be derived from used […]
New plastics-to-oil technologies alliance revs up
Are used plastics poised to become the new black gold? The American Chemistry Council’s Plastics Division recently announced the launch of a new group whose members are developing commercial scale technologies for converting non-recycled used plastics into crude oil and other petroleum based products (read full press release). The new Plastics-to-Oil Technologies Alliance is working […]
Such great heights: Chemical industry investment surpasses $100 billion
The United States continues to reign as the place to manufacture chemicals now, as potential U.S. chemical industry investment has now topped $100 billion. As of this month, the number of publicly-announced chemical and plastics projects stands at 148, with the tally continuing to grow (ACC’s first report analyzed 97 projects valued at $71.7 billion […]
Case study: Milliken polypropylene products deliver on efficiency and design
Energy efficiency is on the rise in America, thanks to recent legislative initiatives (see H.R. 2126 and S. 1000) and the emergence of public and private partnerships (see the Better Buildings Challenge) that can help Americans reduce our collective energy footprint. And of the hundreds if not thousands of energy-saving tools at our disposal today, […]
House committee approves ‘Better Buildings Act’
Those who support energy efficiency legislation received welcome news from Congress this week in the form of a bill that would help save energy in America’s commercial buildings. H.R. 2126, the “Better Buildings Act of 2013,” was approved by the House Energy and Commerce Committee on Tuesday morning. The bill directs the U.S. Department of […]
In 2013, America’s chemical industry put the pedal to the metal, fueled by shale gas
It’s a new year and America’s chemical industry is ready for lift off, thanks to the competitive advantage provided by natural gas from shale, which is driving domestic investment and creating jobs. Check out ACC’s Year End 2013 Chemical Industry Situation and Outlook if you haven’t already. Kevin Swift, ACC’s chief economist, summarized the good […]
From importer to exporter, U.S. chemical industry poised for international boom
The U.S. chemical industry foresees an enormous increase in exports as a result of the competitive advantage delivered by the shale gas boom and, according to the Financial Times, in stark contrast with Asian and European competitors. The London-based newspaper added: The shale gas revolution has produced a surge in the production of inexpensive natural […]
Promise of affordable shale gas lures another foreign manufacturer to U.S. shores
You might say the good news about overseas investment in U.S.-based chemical plants accumulates faster than a December snowfall — and you’d be right. In the latest development, Asia’s largest chemical producer, Formosa Plastics Group, is seeking a $2 billion expansion of its Texas operations, as cheaper natural gas prices make production in America more […]
ACC, LA Chamber co-host panel discussion on potential to recover energy from California’s waste
If you’re following the growing interest in technologies that convert waste into various forms of energy and fuels, you’ll be interested to know that on November 15, ACC and the Los Angeles Chamber of Commerce hosted a panel discussion on the economic and environmental benefits of energy recovery. More than 80 business and civic leaders […]
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