U.S. Chemical Process Industries: Catching the Capital Spending Wave
Thu, Jun 8, 2017 11:00 AM EDT
Duration: 60 Minutes
Once registered, the live webinar will be available at this link: https://event.webcasts.com/starthere.jsp?ei=1146116.This webinar examines the current status of the US chemical industry as well as its outlook over the next several years. We will start with examination of the economic environment, with emphasis on housing, light vehicles and other important end-use markets. We will then focus on: 1) basic chemicals and synthetic materials; and 2) specialty chemicals. Our premise is that fortunes of the former segment represent a supply driven gain in output, the result of the shale gas revolution and the renewed competitiveness of the US industry. Changing energy dynamics are playing a role and we will assess competitiveness, uncertainty and the wave of announced investments. Our premise is that fortunes of the latter segment represent a demand driven gain in output, the result of the manufacturing renaissance currently underway. Of particular interest to those in process engineering and chemical company capital programs we will assess the unprecedented wave of capital spending (and capacity expansion) by segment, by asset, and by geography.
What you will learn:
- The current status and outlook for the US economy
- The current status and outlook for the US chemical industry and where opportunities lie within specialty chemicals and basic chemicals and synthetic materials
- The current status of the wave of US chemical industry capital spending
Who Should Attend:
- Process design engineers
- Plant managers
- Product managers and decision-makers
- Market, planning and other analysts
Hear from this expert:
Dr. Swift is the chief economist at the American Chemistry Council (ACC) in Arlington, VA where he is responsible for economic and other analyses dealing with markets, energy, trade, tax, and innovation, as well as monitoring business conditions, identifying emerging trends, and assessing the economic and societal contributions of the business of chemistry. Prior to joining the ACC, Dr. Swift held executive and senior level positions at several business information/database companies. He started his career at Dow Chemical USA.
Dr. Swift is a member of the National Association for Business Economics (NABE), the Harvard Discussion Group of Industrial Economists, and the National Business Economics Issues Council (NBEIC). He is a member of The Wall Street Journal Forecasters’ Survey panel, NABE’s panel of forecasters, and a participant in the Philadelphia Federal Reserve Bank’s forecasters’ survey. He chaired the NABE Education Committee and for his service as a professional economist and contributions to the profession, he was elected a NABE Fellow. He was also one of the first to achieve NABE’s Certified Business Economist (CBE) designation.
Dr. Swift is a graduate of Ashland College with a BA degree and a graduate of Case Western Reserve University with an MA degree in Economics. He is also a graduate of Anglia Polytechnic University with a doctorate in business administration (DBA) degree and has completed studies at Harvard University and the University of Oxford.
Dr. Swift is an adjunct professor of business economics for the MBA program at the University of Mary Washington. He is also a member of the Heritage Council of the Chemical Heritage Foundation.
Senior Editor, Chemical Engineering magazine
Scott Jenkins has been an editor at Chemical Engineering since 2009. Prior to joining CE, Scott worked in various capacities as a science journalist and communications specialist, reporting and writing on a variety of sectors, including chemical processing, biotechnology, pharmaceutical manufacturing and research policy. He also has industry experience as a quality assurance chemist and research experience as a synthetic organic chemist. Scott holds a bachelor’s degree from Colgate University, and a master’s degree in chemistry from the University of North Carolina at Chapel Hill.
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