American Chemistry Council

Chemical Industry Urges White House and Congress to Prevent Crippling Rail Strike

Retrieved on: 
Monday, November 28, 2022

Shutting down chemical shipments by rail would quickly send shockwaves that would be felt through the entire economy and households across the country."

Key Points: 
  • Shutting down chemical shipments by rail would quickly send shockwaves that would be felt through the entire economy and households across the country."
  • To prepare for a shutdown, railroads stop accepting "security sensitive shipments" including certain chemicals - well in advance of a strike.
  • Many chemical facilities would be forced to curtail production or shut down within the first week of a rail service embargo.
  • That's why ACC recently joined with hundreds of other business groups this week to call on Congress to prevent a strike.

Diego Donoso to retire from Dow; Karen S. Carter named president of Dow Packaging & Specialty Plastics

Retrieved on: 
Tuesday, November 1, 2022

MIDLAND, Mich., Nov. 1, 2022 /PRNewswire/ -- Dow (NYSE: DOW) announces today Karen S. Carter , Chief Human Resources Officer and Chief Inclusion Officer for Dow, has been named President of Packaging & Specialty Plastics (P&SP).

Key Points: 
  • MIDLAND, Mich., Nov. 1, 2022 /PRNewswire/ -- Dow (NYSE: DOW) announces today Karen S. Carter , Chief Human Resources Officer and Chief Inclusion Officer for Dow, has been named President of Packaging & Specialty Plastics (P&SP).
  • She succeeds Diego Donoso who will retire in the first quarter of 2023.
  • Carter has more than 25 years of experience with Dow.
  • Before assuming her current responsibilities, she held the role of North America commercial vice president for P&SP.

Quantix Receives Gold Safety Award from Dow at Annual Conference

Retrieved on: 
Monday, October 24, 2022

HOUSTON, Oct. 24, 2022 /PRNewswire/ -- Quantix, North America's leading supply chain services company to the chemical industry, announced today it received four awards from Dow during its annual North America Road Conference in early October.

Key Points: 
  • The Quantix Liquid Transportation Division received the Gold Safety Award, S4TAR Award and the Above and Beyond Award.
  • This is the second year in a row a Quantix division received the Gold Safety Award.
  • The annual conference and awards ceremony recognizes road carriers for their dedication to safety and service with handling Dow materials.
  • Receiving the Gold Safety Award means the Quantix Liquid team had no serious, moderate or minor carrier-caused transportation incidents from July 2021-July 2022.

Ashland launches 2021 Environment, Social and Governance Report in preparation for releasing Science Based Targets for UN Compact

Retrieved on: 
Monday, October 17, 2022

More than 1,000 businesses are working with the Science Based Targets initiative (SBTi) to reduce their emissions in line with climate science.

Key Points: 
  • More than 1,000 businesses are working with the Science Based Targets initiative (SBTi) to reduce their emissions in line with climate science.
  • By committing, Ashland joins more than 12,000 companies and 3,000 non-business signatories based in over 160 countries and 69 local networks.
  • Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environment, social and governance (ESG).
  • 1 In line with the criteria of the Science Based Targets initiative (SBTi), scope 3 targets are required wheneverscope 3 emissions represent 40% or more of total emissions generated by the company.

Dupont™ Delrin® Makes Significant Progress Toward Achieving Climate Goals

Retrieved on: 
Thursday, October 13, 2022

WILMINGTON, Del., Oct. 13, 2022 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) today announced that its global Delrin® production facilities have achieved an estimated 10 percent reduction in total scope 1 and 2 greenhouse gas (GHG) emissions from 2019 to 2021. The reduction is principally due to Delrin® plant modernization efforts which are part of the business's overall commitment to sustainability.

Key Points: 
  • The reduction is principally due to Delrin plant modernization efforts which are part of the business's overall commitment to sustainability.
  • "The Delrin business is committed to improving the sustainability of our manufacturing assets in order to deliver increasingly sustainable product offerings to our customers," says Delrin Global Business Manager, Brian Ammons.
  • The Delrin Washington Works facility in West Virginia completed three substantial energy efficiency projects aimed at reducing the plant's steam and electricity consumption.
  • The Washington Works Delrin plant also recently completed a transition from coal to natural gas steam generation, further reducing Delrin scope 2 emissions.

Apax Funds to Sell Boasso Global to KKR

Retrieved on: 
Thursday, October 6, 2022

Funds advised by Apax Partners LLP (Apax Funds) and KKR, a leading global investment firm, today announced the signing of a definitive agreement under which the Apax Funds will sell their majority interest in Boasso Global, Inc. (Boasso or the Company), a premier provider of depot, maintenance, cleaning, and transportation services for the ISO tank container industry in North America and Europe, to KKR.

Key Points: 
  • Funds advised by Apax Partners LLP (Apax Funds) and KKR, a leading global investment firm, today announced the signing of a definitive agreement under which the Apax Funds will sell their majority interest in Boasso Global, Inc. (Boasso or the Company), a premier provider of depot, maintenance, cleaning, and transportation services for the ISO tank container industry in North America and Europe, to KKR.
  • KKR is making the investment in Boasso through its KKR Global Infrastructure Investors IV fund, which focuses on critical infrastructure investments in North America and Western Europe.
  • Under the Apax Funds ownership, Boasso has continued as an industry leader through significant organic growth and strategic acquisitions.
  • The Apax Funds acquired Boasso in 2015 as part of their purchase of Quality Distribution, Inc., a global logistics and transportation provider.

US Chemical Production Was Flat in August

Retrieved on: 
Thursday, September 22, 2022

WASHINGTON, Sept. 22, 2022 /PRNewswire/ -- The U.S. Chemical Production Regional Index (U.S. CPRI) was flat in August following a 0.2% gain in July and a 0.1% decline in June, according to the American Chemistry Council (ACC).

Key Points: 
  • WASHINGTON, Sept. 22, 2022 /PRNewswire/ -- The U.S. Chemical Production Regional Index (U.S. CPRI) was flat in August following a 0.2% gain in July and a 0.1% decline in June, according to the American Chemistry Council (ACC).
  • On a 3MMA basis, chemical production within segments was mixed in August.
  • Compared with August 2021, U.S. chemical production was ahead by 1.3%, a faster rate of growth than last month.
  • Chemical production was higher than a year ago in all regions except the Gulf Coast, which was 1.5% lower.

Norfolk Southern honors 48 customers with Thoroughbred Chemical Safety Award

Retrieved on: 
Thursday, September 22, 2022

ATLANTA, Sept. 22, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that 48 of its customers have earned the 2021 Thoroughbred Chemical Safety Award for safely handling products regulated as hazardous materials. Individually, the 43 corporate chemical manufacturers and five plants safely transported or originated 100% of their shipments over Norfolk Southern's rail network without a single incident in 2021. The award comes as the railroad industry highlights Rail Safety Week September 19 – 25.

Key Points: 
  • ATLANTA, Sept. 22, 2022 /PRNewswire/ --Norfolk Southern Corporation (NYSE: NSC) today announced that48 of its customers have earned the 2021 Thoroughbred Chemical Safety Award for safely handling products regulated as hazardous materials.
  • "The winners of the Thoroughbred Chemical Safety Award differentiated themselves by transporting or originating 100% of their shipments over Norfolk Southern's network in 2021," said Norfolk Southern Executive Vice President and Chief Marketing Officer Ed Elkins.
  • Norfolk Southern works closely with customers to enhance the environmental, health, safety, and security performance of chemical transport by rail.
  • Norfolk Southern congratulates the following customers for earning the 2021 Thoroughbred Chemical Safety Corporate Award:

ACC: Bloomberg's $85 Million Losing Bet Against Industry

Retrieved on: 
Thursday, September 22, 2022

With more than 135,000 workers across Texas, Louisiana, and Ohio, ACC member company employees are also community members.

Key Points: 
  • With more than 135,000 workers across Texas, Louisiana, and Ohio, ACC member company employees are also community members.
  • They live on the same land, breathe the same air, and drink the same waterand they're committed to helping to protect it for their families and fellow neighbors.
  • "Members of the chemistry industry do not throw stoneswe create solutions.
  • As the science behind sustainability , chemistry is the single most important element to transitioning to renewable energy and combating climate change.

Chemical Tankers Global Market Report 2022: A Market Valued at $38.38 Billion in 2026 - Long-term Forecasts to 2031 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 20, 2022

The chemical tankers market research report is one of a series of new reports that provides chemical tankers market statistics, including chemical tankers industry global market size, regional shares, competitors with a chemical tankers market share, detailed chemical tankers market segments, market trends and opportunities, and any further data you may need to thrive in the chemical tankers industry.

Key Points: 
  • The chemical tankers market research report is one of a series of new reports that provides chemical tankers market statistics, including chemical tankers industry global market size, regional shares, competitors with a chemical tankers market share, detailed chemical tankers market segments, market trends and opportunities, and any further data you may need to thrive in the chemical tankers industry.
  • The chemical tankers market research report is one of a series of new reports that provides chemical tankers market statistics, including chemical tankers industry global market size, regional shares, competitors with a chemical tankers market share, detailed chemical tankers market segments, market trends and opportunities, and any further data you may need to thrive in the chemical tankers industry.
  • The growth of the chemical industry is expected to propel the growth of the chemical tankers market.
  • The countries covered in the chemical tankers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.