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A FRAMEWORK FOR ENSURING QUALITY CHEMICAL PURCHASES
| February 9, 2018
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Article | June 13, 2021
NOBODY SHOULD be surprised that the developing world has fallen behind in the battle to reduce greenhouse gas emissions as the region is a long way from recovering from the pandemic.Evidence to this effect emerged last week in comments made by Fatih Birol, executive director of the International Energy Agency (IEA).
“In many emerging and developing economies, emissions are heading upwards while clean energy investments are faltering, creating a dangerous fault line in global efforts to reach climate and sustainable energy goals,” said Birol.
At the current rate, carbon dioxide emissions from developing countries largely in Asia, Africa and Latin America are set to increase by 5bn tonnes/year over the next two decades, according to the IEA, as access to power increases.At present, around 785m people worldwide have no access to electricity. There are also 2.6bn people without access to clean cooking options.
Article | June 29, 2021
POLYMER BUYERS outside northeast (NEA) and southeast Asia (SEA) have a big opportunity to save millions of dollars on procurement costs during the rest of this year through purchasing more from the two regions.The opportunity has arisen because I believe that NEA and SEA polymer prices will remain very cheap relative to most of the world until at least the end of 2021.
NEA comprises China, Japan, Taiwan and South Korea. Our definition of the SEA region is Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.NEA and SEA producers can also make a lot of money by constantly monitoring and acting on strong arbitrage opportunities in other regions.
As supply disruptions in the US look likely to continue, Europe and South & Central America seem particularly good opportunities for both buyers and producers.Before we discuss why I see NEA and SEA remaining cheap relative to most of the rest of the world until at least the end of the year, let us consider in more detail the size of the prize, starting with the resin buyers.
Article | March 17, 2020
Digital Transformation. Accelerated Globalization. Innovation. Increased Focus on Sustainability. Aggressive New Business Models. Changing Regulations. These are just some of the ways the chemical industry is evolving in recent years. And if the chemical industry is changing, it’s no surprise the role information professionals play in the organization is changing as well. So how can information professionals shift their perspective to support the changing chemical industry landscape? Here are a few ideas: Know what kinds of content chemical researchers want – and have it readily available. Driving down operational costs and speeding up time to market are high priorities for chemical companies. What can information managers do to support these strategic initiatives.
Article | February 18, 2020
An initiative backed by several major brands is looking to boost the flow of corporate money to vetted plastics recovery and recycling projects. The effort is based on a voluntary market-based standard, currently called the Plastic Waste Recovery and Recycling Project Standard, which will lay out broad rules and requirements for projects around the world to meet. Projects meeting the standard could generate credits, which companies would then purchase to help fund the effort. “It’s essentially driving corporation financing through a crediting mechanism to plastic recovery and recycling activities,” said Sneha Balasubramanian, a program officer at Washington, D.C.-based group Verra, which is creating the standard. Verra is a standards development organization that has a focus on climate action and sustainable development.
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