The chemical sector is the largest industrial consumer of both oil and gas. Yetdespite being the largest industrial energy consumer, it is the third industry subsector in terms of direct CO2 emissions – behind iron and steel …
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Learn about chemistry jobs in industry. Find out about education requirements, important skills, and how to get started on your career path.
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The chemical industry is one of the largest and most important industries worldwide, and United States is one of the largest national producers of chemical products …
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In response to the impact of low growth, the Chinese government has declared a shift towards a domestic-driven growth system. In line with this, China's self-sufficiency rate for ethylene in the chemical industry continues to rise, and according to Chemical Market Analytics, full self-sufficiency in the Chinese market is expected by 2025 with the establishment of new …
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China's fast-growing chemical industry has been the largest in the world by revenue since 2011, and its growth rate continues to outpace by far other
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× World Chemical Outlook 2022 Sustainability: Chemical industry eyes scope 3 greenhouse gas emissions Greenhouse Gases: Chemical firms will lead heavy industry into carbon capture Start-ups ...
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UK chemical exports In 2021, the value of chemicals exported by the UK to the United States amounted to nearly 12 billion U.S. dollars, making the North American country the UK's largest trade ...
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The growth is likely to continue despite the economic challenges that caused India's GDP growth rate to drop to 4.5 percent in the third quarter of 2019. 2 GDP figure is for July to September 2019: Shantanu Nandan Sharma, "Severe slowdown: When will the Indian economy recover and how?," India Times, December 1, 2019, indiatimes. A long-term …
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The American Chemistry Council (ACC), an industry group, also expects a shallow recession. After a strong 2022, in which US chemical production rose 3.9%, the ACC forecasts that output will ...
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2022 chemical industry outlook 5 Climate change driving sustainability efforts In 2022, the chemical industry will likely have a sharper focus on decarbonization strategies due to increased attention from
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Read our latest research, articles, and reports on Chemicals on the changes that matter most for the challenges and opportunities ahead.
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The recent TSR performance of Japanese chemical companies has largely been driven by plateaued ROIC and revenue growth. In fact, the Japanese chemical industry has shown a negative revenue CAGR of 0.32 percent over the past ten years, which is 3.9 percent below the global chemical industry and 2.3 percent below the global specialty chemical …
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Article by Taaibah Hossain Chemical manufacture is very important to modern day life. Manufactured chemicals will be present in almost every product that you will use today: from your toothpaste to your nylon jacket, your ballpoint pen to your mobile phone; manufactured chemicals have truly infiltrated our lives. This article is all about the Chemical…
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Chinese chemical trade With 330 billion U.S. dollars of total revenue and over 725,000 people employed, organic chemical material manufacturing is an important part of China's chemical industry ...
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Dow is once again the largest US chemical maker. In 2020, its first full year after splitting from DowDuPont, the company initiated a round of cost cutting, partly because of financial pressures ...
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The US chemical industry is poised for a strong recovery in 2022 as economies reopen and restrictions are lifted, which should drive up plant utilization rates that were hit hard by the …
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× World Chemical Outlook 2021 Climate Change: Chemical firms will coalesce around more ambitious climate goals Economy: US chemical industry to bounce back Persistent pollutants: Scientists will ...
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Macroeconomic indicators However, several macroeconomic indicators signal uncertainty in the global economy heading into the coming year: volatile energy prices, higher costs, and
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In the vast universe of the chemical industry, raw materials serve as the lifeblood, driving a multitude of processes and products. This post delves into "20 examples of raw materials chemical," taking you on an enlightening journey from arborpharmchem organic and commodity chemicals to natural resources like crude oil, natural gas, and even caffeine.
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The chemical industry has been digitalizing for decades, but the latest market trends have made intelligence from technology a must-have for competitive advantage.
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*India's specialty chemicals companies are expanding their capacities to cater to rising demand from domestic and overseas. * With global companies seeking to de-risk their supply chains, which are dependent on China, the chemical …
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Jobs & Economic Impact. The business of chemistry is a key element of the nation's economy. The industry supports a quarter of U.S. gross domestic product (GDP) and creates more than half a million skilled, good-paying …
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The global specialty chemicals industry is a sector within the broader chemical market, characterized by its focus on products with specific performance attributes rather than bulk chemicals.
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The chemical industry consists of the companies that produce industrial chemicals. This industry utilizes chemical processes such as chemical reactions and refining methods to convert raw materials—such as oil, natural gas, air, water, metals, and minerals—into more than 70,000 different products.These products include petrochemicals, agrochemicals, ceramics, …
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U.S. chemical output is looking to have its best year in more than a decade in 2022, with growth across all chemistries. After a 1.6% gain in 2021, ACC expects output to …
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Chemical and pharmaceutical industry snapshot Third-largest industry in Germany. With a 2023 turnover of €225.5 billion, chemicals and pharmaceuticals are the third-largest industry in Germany, behind automotive and machinery and equipment.
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The chemicals industry has achieved remarkable innovations in many areas, such as lithium batteries, metallocene linear low-density polyethylene (LLDPE), and organic …
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Several major challenges are holding the industry back: Feedstock shortages. The declining supply of critical feedstocks such as natural gas and ethane, as well as the fall in refining utilization rates (from about 75 percent in 2000 to about 40 percent in 2021 4 "Presentación inversionistas," PEMEX, May 2022.), have left many downstream chemical …
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52 Bull. Hist. Chem., VOLUME 47, Number 1: HIST Centennial (2022) Table 1.Examples of Amalgamations, Mergers and Independent Firms in the European and US Chemical Industries 20th-Century Mergers Major Independent Firms at the Close of the 20th Century 1917 Union Carbide and Carbon, USA Bayer, Germany
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Despite ongoing supply chain constraints, the U.S. chemical industry expects to deliver solid growth this year as it benefits from inventory rebuilding, steady demand across many end-use industries, and a continued competitive advantage in natural gas-based chemistries, according to the American Chemistry Council's (ACC) Mid-Year 2022 Chemical Industry …
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