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Is it 2008 All Over Again?

Crashing oil prices. Plunging markets. The comparisons to 2008 — the preludes to one of the worst bear markets — are piling up.

Jan 20, 2016

Crashing oil prices. Plunging markets. The comparisons to 2008 — the preludes to one of the worst bear markets — are piling up.

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Environmental Protection Agency Administrator Michael Regan speaks at the University of Maryland, May 11, 2023, in College Park, Md. The Biden administration on Wednesday increased the amount of biofuels that must be blended into the nation’s fuel supplies over the next three years, but held production totals steady for corn-based ethanol, disappointing the biofuel industry and farm advocates. Regan said the final rule would reduce U.S. reliance on oil and support continued growth of biofuels that help combat global warming.
EPA Boosts Biofuel Requirements
June 22, 2023
Containers of Roundup sit on a store shelf on Feb. 24, 2019, in San Francisco. Two companies that sell top brands of household weedkiller will pay nearly $7 million for allegedly making false and misleading claims regarding the safety of their products as part of a settlement with the New York Attorney General's office on Thursday, June 15, 2023.
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Environmental Protection Agency Administrator Michael Regan speaks at the University of Maryland, May 11, 2023, in College Park, Md. The Biden administration on Wednesday increased the amount of biofuels that must be blended into the nation’s fuel supplies over the next three years, but held production totals steady for corn-based ethanol, disappointing the biofuel industry and farm advocates. Regan said the final rule would reduce U.S. reliance on oil and support continued growth of biofuels that help combat global warming.
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More in Chemical Processing
Roundup Ap
Laws & Regulations
Jury Awards $332 Million to Man in Monsanto Case
He contended that his cancer was related to decades of using its Roundup weedkiller.
November 3, 2023
Environmental Protection Agency Administrator Michael Regan speaks at the University of Maryland, May 11, 2023, in College Park, Md. The Biden administration on Wednesday increased the amount of biofuels that must be blended into the nation’s fuel supplies over the next three years, but held production totals steady for corn-based ethanol, disappointing the biofuel industry and farm advocates. Regan said the final rule would reduce U.S. reliance on oil and support continued growth of biofuels that help combat global warming.
Chemical Processing
EPA Boosts Biofuel Requirements
But it holds steady for corn-based ethanol production.
June 22, 2023
Containers of Roundup sit on a store shelf on Feb. 24, 2019, in San Francisco. Two companies that sell top brands of household weedkiller will pay nearly $7 million for allegedly making false and misleading claims regarding the safety of their products as part of a settlement with the New York Attorney General's office on Thursday, June 15, 2023.
Laws & Regulations
Bayer Owes $6.9M Over Weed Killer Advertising
At issue was the statement that "Roundup won't harm anything but weeds."
June 16, 2023
Drone photo of a Norfolk and Southern freight train that derailed East Palestine, Ohio, Feb. 4, 2023.
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50-Car Train Derailment Causes Big Fire, Evacuations
Ohio's governor activated the National Guard.
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Raman spectroscopy can be used to predict the different chemical compounds that make up the sample.
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Simplifying Oil and Gas Predictive Modeling
Chemometrics and Raman spectroscopy streamlines turnaround, throughput and real time test results.
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Manufacturing Process Produces Cheaper Cathodes for Lithium-Ion Batteries
Instead of continuously stirring cathode materials with chemicals in a reactor, their hydrothermal synthesis approach crystalizes the cathode.
December 6, 2022
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BASF Bringing Specialty Chemical Production to U.S.
The expansion will retain more than 1,000 existing jobs at a Louisiana facility.
August 5, 2022
The implementation of the methylene diphenyl diisocyanate (MDI) capacity increase program for production facilities at BASF’s Verbund site in Geismar, Louisiana, is progressing on schedule.
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BASF Invests $780M in U.S. Chemical Plant Expansion
The factory will make a vital component in polyurethanes.
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NIR moisture measurement facilitates more efficient labor, higher quality and better pricing.
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Customers included the U.S. Marshals Service and the Department of Veterans Affairs.
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Cloud seeding equipment near Winter Park in Colorado.
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Cloud Seeding Might Not Be as Promising as Many Hoped
Right now, machines are set up to fire chemicals into the clouds in attempts to generate snow.
March 16, 2022
Endangered Mississippi sandhill cranes at the Mississippi Sandhill Crane National Wildlife Refuge, Gautier, Miss., Nov. 27, 2012.
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Wildlife Officials Reverse Course on Pesticide
Chemical manufacturers vowed to change product labels so the highly toxic pesticide is used more carefully.
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Hydrite
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Hydrite Receives State of Iowa Incentives for Waterloo Expansion
The project represents a $21 million capital investment over the next three years.
March 3, 2022
Rice University graduate student M.A.S.R. Saadi coats a compound of sulfur and selenium onto steel to test its ability to protect the surface from biotic and abiotic contaminants.
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Anti-Corrosion Coating Sets New Benchmark
Flexible, self-healing material protects steel from the elements.
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Professor of food science and human nutrition Yong-Su Jin led a team that developed a methodology for efficiently converting the hemicellulose in switchgrass into high-value bioproducts using an engineered yeast and the acetate and xylose from the plants’ cell walls.
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Bioprocess Converts Plant Materials into Valuable Chemicals
Lignocellulose, the woody material that gives plant cells their structure, is the most abundant raw material on Earth.
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