25 Years and Getting Stronger, Green Chemicals Celebrate a Major Milestone

| May 23, 2017

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Around 25 years ago a major paradigm shift took place within the chemicals industry and in the expectations of an increasingly discerning public. A radical concept of life with less toxins and the need to protect the environment caught fire, ushering in an era of all things green. Then it was revolutionary. Today, the green industry, particularly green chemicals is mainstream, raking in $11 billion in 2015 from a global consumer audience. In North America alone, the green chemicals industry is slated to grow from 2015 revenues of $3 billion to $20 billion by the year 2020.

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AOC, LLC

Headquartered in Collierville, Tennessee, AOC is a leading global supplier of resins, gel coats, colorants and additives for composites and cast polymers. Backed by the industry’s best technical support, AOC products are manufactured in facilities strategically located in United States, Canada, Mexico, Europe, the Middle East and Asia. AOC-owned facilities are certified as meeting ISO 9001:2008 standards for quality control.

OTHER ARTICLES

Ensuring a Winning Strategy for Value Chain Optimization of the Refining and Petrochemical Industries

Article | March 24, 2020

The Refining and petrochemical industries have a projection to keep growing in the next two decades and companies that are investing in new technology today will be ahead of your competition in about 2 years. The digitalization of the value chain, also known as value chain optimization, is a complex task. Part of this complexity comes from the diversity of challenges that occurs in different areas of the value chain within each operation, as we addressed in the article Understanding the Refining and Petrochemical Value Chains to Drive Optimization. Many companies still fail to obtain economic return from their investment in digitalization and we presented the most common challenges in the article Challenges of Achieving Value Chain Optimization in the Refining and Petrochemical Industries. With so many challenges, how can businesses ensure they have a strategic digital transformation program that will successfully result in the optimization of your value chain?

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Exploring the potential impact of Brexit on the chemical industry

Article | March 12, 2020

With Brexit officially underway, the UK has entered the transition period during which arrangements affecting the chemical industry will be made. The chemical sector produces around £50 billion worth of exports annually, and 60% of this goes directly to the European Union [1]. 75% of our chemical imports also come from the EU [1], making Brexit a critical time for the sector. The future of trading is yet to be established. Now is a pivotal period during which the chemical industry, stakeholders and the government need to work together to determine this future, in order to allow for a continuation of chemistry enabled growth.

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Petrochemicals markets complexity is only going to grow and grow

Article | May 13, 2021

NICE WORK, if you get can get it. A trucking company in Fort Worth, Texas, is offering to pay experienced drivers $14,000 a week – $728,000 a year – as the US struggles with a nationwide shortage of truckers or lorry drivers. This reminds me of perhaps an apocryphal tale, from the height of the last Australian mining boom. Before iron ore prices collapsed in late 2014, there was a story about workers at mining site road junctions who operated manual “Stop and Go” signs. They were said to be earning more than Australian dollar (A$) 200,000 a year. Before you pack in your job as, say, a petrochemicals sales manager and head to Texas or mine sites in Western Australia, there is the risk that when you arrive at the door of your new prospective employer, the bubble might have already burst. This is assuming we are in bubble conditions.The pressure is clearly building in petrochemicals and other commodity markets as prices in some regions remain at record highs or continue to rise. Today’s prices are the results of shortages of commodities supply (for example in petrochemicals, an outcome of the US winter storms), very strong demand and supply chain disruptions.I am beginning to believe that the latter is the biggest reason for commodity price inflation which is feeding through into sharp rises in the cost of finished goods – and a lack of goods availability. It is delivering and manufacturing enough stuff that seems to be at the heart of today’s problems due to shortages of everything from container freight space and semiconductors to wooden pallets, tin cans, metal drums, cardboard – and US truck drivers.

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PROCUREMENT CHALLENGES IN THE CHEMICAL INDUSTRY : WHAT CPOS’ MUST STRIVE TO COMBAT

Article | February 25, 2020

The global chemical industry currently represents one of the largest worldwide interacting sectors delivering essential materials to several major industries including pharmaceuticals, agriculture, manufacturing and construction, and automotive. This is an indicator of the fact that any major changes in the chemical industry could also significantly affect these related sectors. Procurement is an unceasing challenge for companies across various sectors, and procurement in the chemical industry is no exception.

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Spotlight

AOC, LLC

Headquartered in Collierville, Tennessee, AOC is a leading global supplier of resins, gel coats, colorants and additives for composites and cast polymers. Backed by the industry’s best technical support, AOC products are manufactured in facilities strategically located in United States, Canada, Mexico, Europe, the Middle East and Asia. AOC-owned facilities are certified as meeting ISO 9001:2008 standards for quality control.

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