A global manufacturing hub for chemicals and petrochemicals

The manufacturing sector plays a significant role in the outputof the Indian economy, and chemical manufacturing is a crucialsegment with roots spread across a wide range of end-useindustries. With the index of industrial production (IIP) forchemical manufacturing returning to pre-COVID levels, theindustry is expected to grow at a CAGR of about 9.2% by FY25.7
Demographic dividends, low per capita consumption, an increasingexport demand and enabling Government initiatives are thekey growth drivers for the Indian chemical industry. Attractivebusiness opportunities are present in different segments, includingpetrochemical intermediates, downstream petrochemicals and
specialty chemicals. The coming decade is expected to bring ininvestments worth more than USD 87 billion (solely on the basis ofthe major petrochemical products under consideration).

Spotlight

OCI Chemical

Headquartered in Atlanta, GA, OCI Chemical Corporation is a wholly owned North American subsidiary of OCI Company Ltd. of Seoul, South Korea. OCI Chemical was founded in 1996 as part of OCI Company's acquisition of Rhone Poulenc's U.S. soda ash interests. OCI Chemical is one of the world's largest producers of natural soda ash and also produces sodium percarbonate and hydrogen peroxide.

OTHER ARTICLES
Chemical Technology

Developing pre-rig solutions that are greener, safer and more efficient

Article | July 20, 2022

MAY 2021 ///Vol 242 No. 5 FEATURES Developing pre-rig solutions that are greener, safer and more efficient There is an increased focus in the oil and gas sector to look further afield to opportunities presented in deepwater locations. Because of this, finding cost-efficient solutions and overcoming the associated challenges that arise below 1,000 ft will be vital for the success of new activity. Jostein Aleksandersen, Neodrill There is an increased focus in the oil and gas sector to look further afield to opportunities presented in deepwater locations. Because of this, finding cost-efficient solutions and overcoming the associated challenges that arise below 1,000 ft will be vital for the success of new activity. All those currently—and those considering—operating in deepwater fields will have an awareness of the general challenges that are presented at such depths. From considerations relating to vast increases in pressure, to the potential for increased drilling time and days spent offshore, there are several hurdles that follow when operating in what are often challenging well environments. In addition, suitable solutions also must support the industry drive to reduce emissions by offering a more carbon-efficient approach.

Read More
Chemical Technology

Reimagining the Workforce with Anglo American

Article | June 11, 2021

“At Anglo-American, we’re really focused on finding the best ways to attract the most talented people in the industry and effectively equipping our existing workforce based on what they need today and what the future will mean for their careers. We’re also committed to providing learning opportunities that lead to growth and development in the communities in which we operate. Our people are a strategic advantage. We want to ensure that continues to be the case as the mining industry evolves and faces more disruption.

Read More
Chemical Technology

The supply-chain inflation threat to petrochemicals demand

Article | June 21, 2021

Petrochemicals themselves remain in short supply. This is partly because of reduced feedstock from refineries, a consequence of the pandemic-related collapse in transportation fuels demand.Global petrochemical supply is still edging back to something like normal following the US winter storms in February, during which most US capacity was shut down. A point of discussion is whether containers will become available in the right places at the right prices to relieve tightness in the European polyethylene (PE) market, once US supply has normalised. The container issue is making it difficult to move PE and polypropylene (PP) cargoes from Asia to Europe.Market intelligence from the US-based ICIS CDI team indicates that enough container freight space will be available to resume significant shipments of US PE to Europe, albeit at high prices. It will be several more weeks before domestic pipelines have been refilled, enabling US producers to refocus on exports, added CDI.

Read More
Chemical Technology

Organic Catalyst Boasts Big Benefits

Article | June 6, 2022

An enzyme-mimicking catalyst opens a new route to important organic molecules such as glycolic acid and amino acids from pyruvate, report researchers in Japan. Moreover, the new catalyst is cheaper, more stable, safer and more environmentally friendly than conventional metal catalysts used in industry, they note, adding that it also displays the high enantioselectivity required by the pharmaceutical industry. “On top of these advantages, our newly developed organic catalyst system also promotes reactions using pyruvate that aren’t easily achievable using metal catalysts,” says Santanu Mondal, a PhD candidate in the chemistry and chemical bioengineering unit at Okinawa Institute of Science and Technology (OIST) Graduate University, Okinawa, Japan, and lead author of a study recently published in Organic Letters. “Organic catalysts, in particular, are set to revolutionize the industry and make chemistry more sustainable,” he stresses. The researchers use an acid and an amine mixture to force the pyruvate to act as an electron donor rather than its usual role as an electron receiver (Figure 1). Effectively mimicking how enzymes work, the amine binds to the pyruvate to make an intermediate molecule. The organic acid then covers up part of the intermediate molecule while leaving another part that can donate electrons free to react to form a new product. Currently, the organic catalyst system only works when reacting pyruvate with a specific class of organic molecule called cyclic imines. So, the researchers now are looking to develop a more-universal catalyst, i.e., one that can speed up reactions between pyruvate and a broad range of organic molecules. The challenge here is to try to make the electron-donating intermediate stage of pyruvate react with other functional groups such as aldehydes and ketones. However, different catalysts create different intermediates, all with different properties. For example, the enamine intermediate created by the researchers’ new reaction only reacts with cyclic imines. Their hypothesis, currently being investigated, is that creation of other intermediates such as an enolate, if possible, would achieve a broader pyruvate reactivity. In terms of cost, the researchers note that a palladium catalyst used in similar reactions is 25 times more expensive than their organic acid — which also is made from eco-friendly quinine. In addition, they believe scale-up of the process for industrial use definitely is possible. However, the researchers caution that the current amine-to-acid-catalyst loading ratio of 1:2 probably would need to be optimized for better results at a larger scale.

Read More

Spotlight

OCI Chemical

Headquartered in Atlanta, GA, OCI Chemical Corporation is a wholly owned North American subsidiary of OCI Company Ltd. of Seoul, South Korea. OCI Chemical was founded in 1996 as part of OCI Company's acquisition of Rhone Poulenc's U.S. soda ash interests. OCI Chemical is one of the world's largest producers of natural soda ash and also produces sodium percarbonate and hydrogen peroxide.

Related News

Chemical Management

LBB Specialties Announces Principal Partnership with Viscofan

PR Newswire | October 25, 2023

LBB Specialties (LBBS), a leader in specialty chemicals and ingredients distribution in North America, announces a new partnership with Viscofan DE, a global leader in collagen manufacturing. LBB Specialties will be Viscofan's preferred partner in the United States for their portfolio of premium collagen hydrolysates, including COLLinstant® and COLLinstant LMW®. "Viscofan has over 90 years of experience in the collagen market. We are excited to bring this expertise to our customer base, as these products meet global consumer demand for highly bioavailable ingredients with a major advantage over traditional collagen formulas," said Mike DeGennaro, Senior Vice President of LBB Specialties Food & Nutrition. Viscofan DE is the center of excellence for collagen products within the Viscofan group. Viscofan applies proprietary technologies and standardized extraction methods to process collagen from bovine skin for the development and industrial-scale production of novel collagen ingredients and biometrics. "LBB Specialties' technical expertise and dedicated commercial team is uniquely positioned to expand our innovative offerings in the US nutraceutical market," said James Murray, Business Manager at Viscofan. "Their existing portfolio of high-quality ingredients for health and wellness applications is the perfect complement to our COLLinstant® product line of collagen peptide alternatives." About LBB Specialties LBB Specialties is a leader in North American specialty chemicals and ingredients. It is a diversified supplier serving end-markets including care, food & nutrition, industrial specialties, and life sciences. LBB Specialties generates approximately $500 million in revenue annually and employs more than 110 commercial team members.

Read More

Products and Technologies

Lygos & CJ FNT Partner to Deliver High-Performing, Sustainable Materials

Business Wire | October 19, 2023

Lygos, a sustainable specialty chemical company, and CJ Food & Nutrition Tech a global fermentation and biotechnology company and business unit of South Korea-based CJ CheilJedang, today announced the companies have signed an agreement to support large-scale manufacturing of amino and organic acid precursors for Lygos’ Soltellus™ & Ecoteria™ products. CJ has over 60 years in the fermentation business with expertise in microbial fermentation and infrastructure to scale and optimize production processes. The partnership enables Lygos to utilize CJ’s state-of-the-art manufacturing capacity, and access existing technology and optimization tools from their newly formed precision fermentation CDMO (Contract Development & Manufacturing Organization) business. Lygos intends to execute additional plans for near and mid-term demand for product applications of Soltellus and Ecoteria, while CJ will provide critical technical and strategic optimization for process and production to support commercialization. “CJ’s innovative approach enables efficient technology development, leverages robust production capabilities across the value chain, and is a strong complement to our current and future commercial product offerings,” said Eric Steen, CEO of Lygos. “This partnership augments our commercialization strategy of Collaborate to Accelerate by providing access to CJ’s technology and optimization capabilities for fermentation processes as well as the potential to collaborate on new products.” “Lygos represents a standout partner for us that has developed technology and commercial plans that meet our objectives for future growth,” said Lance Choi, CEO of CJ FNT. “We believe their success combined with our technical capabilities will help accrue additional partnerships to our CDMO business.” Soltellus™ polymers are sustainable, biodegradable, and water-soluble with applications in home care, agronomy, and water treatment. Ecoteria™ malonates offer safety, sustainability, performance, and supply resiliency benefits in fragrances, coatings, agriculture chemicals, pharmaceuticals, and other specialty applications. About Lygos Lygos is a pioneering sustainable specialty chemicals company, leading the world’s transition toward better, cleaner, and more sustainable products. We have built a proprietary and fully integrated platform of the most advanced technologies across synthetic biology, industrial chemistry, and application development to rapidly deliver market relevant solutions to some of the world’s biggest sustainability challenges. With a pipeline of high-performing, innovative solutions, Lygos is paving the way for generations of new sustainable solutions for our world.

Read More

Chemical Management

Sinopec NZRCC Selects Lummus' Polypropylene Technology for Large-Scale Plant in China

PR Newswire | October 17, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus' Novolen® technology for a new 500 kilo ton per annum polypropylene plant in Ningbo, China. "With this award, our Novolen business strengthens its position in China and globally, reinforcing it as the industry's leader and preferred process for producing high-quality polypropylene," said Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology. "We look forward to supporting Sinopec NZRCC's project to build this highly competitive plant by providing timely, superior process design- and implementation services." Lummus' scope includes the technology license, basic design engineering, training and project engineering services. Today, Novolen is the industry's leading polypropylene technology and can deliver a sustainable route for polymers production, while maximizing the financial benefits of operations through lower CAPEX and OPEX. The technology is highly flexible, robust, energy efficient and allows production of a full grade slate of leading polypropylene products of all product families, including homopolymers, random copolymers, terpolymers, impact copolymers and rTPO's. About Lummus Technology Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.

Read More

Chemical Management

LBB Specialties Announces Principal Partnership with Viscofan

PR Newswire | October 25, 2023

LBB Specialties (LBBS), a leader in specialty chemicals and ingredients distribution in North America, announces a new partnership with Viscofan DE, a global leader in collagen manufacturing. LBB Specialties will be Viscofan's preferred partner in the United States for their portfolio of premium collagen hydrolysates, including COLLinstant® and COLLinstant LMW®. "Viscofan has over 90 years of experience in the collagen market. We are excited to bring this expertise to our customer base, as these products meet global consumer demand for highly bioavailable ingredients with a major advantage over traditional collagen formulas," said Mike DeGennaro, Senior Vice President of LBB Specialties Food & Nutrition. Viscofan DE is the center of excellence for collagen products within the Viscofan group. Viscofan applies proprietary technologies and standardized extraction methods to process collagen from bovine skin for the development and industrial-scale production of novel collagen ingredients and biometrics. "LBB Specialties' technical expertise and dedicated commercial team is uniquely positioned to expand our innovative offerings in the US nutraceutical market," said James Murray, Business Manager at Viscofan. "Their existing portfolio of high-quality ingredients for health and wellness applications is the perfect complement to our COLLinstant® product line of collagen peptide alternatives." About LBB Specialties LBB Specialties is a leader in North American specialty chemicals and ingredients. It is a diversified supplier serving end-markets including care, food & nutrition, industrial specialties, and life sciences. LBB Specialties generates approximately $500 million in revenue annually and employs more than 110 commercial team members.

Read More

Products and Technologies

Lygos & CJ FNT Partner to Deliver High-Performing, Sustainable Materials

Business Wire | October 19, 2023

Lygos, a sustainable specialty chemical company, and CJ Food & Nutrition Tech a global fermentation and biotechnology company and business unit of South Korea-based CJ CheilJedang, today announced the companies have signed an agreement to support large-scale manufacturing of amino and organic acid precursors for Lygos’ Soltellus™ & Ecoteria™ products. CJ has over 60 years in the fermentation business with expertise in microbial fermentation and infrastructure to scale and optimize production processes. The partnership enables Lygos to utilize CJ’s state-of-the-art manufacturing capacity, and access existing technology and optimization tools from their newly formed precision fermentation CDMO (Contract Development & Manufacturing Organization) business. Lygos intends to execute additional plans for near and mid-term demand for product applications of Soltellus and Ecoteria, while CJ will provide critical technical and strategic optimization for process and production to support commercialization. “CJ’s innovative approach enables efficient technology development, leverages robust production capabilities across the value chain, and is a strong complement to our current and future commercial product offerings,” said Eric Steen, CEO of Lygos. “This partnership augments our commercialization strategy of Collaborate to Accelerate by providing access to CJ’s technology and optimization capabilities for fermentation processes as well as the potential to collaborate on new products.” “Lygos represents a standout partner for us that has developed technology and commercial plans that meet our objectives for future growth,” said Lance Choi, CEO of CJ FNT. “We believe their success combined with our technical capabilities will help accrue additional partnerships to our CDMO business.” Soltellus™ polymers are sustainable, biodegradable, and water-soluble with applications in home care, agronomy, and water treatment. Ecoteria™ malonates offer safety, sustainability, performance, and supply resiliency benefits in fragrances, coatings, agriculture chemicals, pharmaceuticals, and other specialty applications. About Lygos Lygos is a pioneering sustainable specialty chemicals company, leading the world’s transition toward better, cleaner, and more sustainable products. We have built a proprietary and fully integrated platform of the most advanced technologies across synthetic biology, industrial chemistry, and application development to rapidly deliver market relevant solutions to some of the world’s biggest sustainability challenges. With a pipeline of high-performing, innovative solutions, Lygos is paving the way for generations of new sustainable solutions for our world.

Read More

Chemical Management

Sinopec NZRCC Selects Lummus' Polypropylene Technology for Large-Scale Plant in China

PR Newswire | October 17, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus' Novolen® technology for a new 500 kilo ton per annum polypropylene plant in Ningbo, China. "With this award, our Novolen business strengthens its position in China and globally, reinforcing it as the industry's leader and preferred process for producing high-quality polypropylene," said Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology. "We look forward to supporting Sinopec NZRCC's project to build this highly competitive plant by providing timely, superior process design- and implementation services." Lummus' scope includes the technology license, basic design engineering, training and project engineering services. Today, Novolen is the industry's leading polypropylene technology and can deliver a sustainable route for polymers production, while maximizing the financial benefits of operations through lower CAPEX and OPEX. The technology is highly flexible, robust, energy efficient and allows production of a full grade slate of leading polypropylene products of all product families, including homopolymers, random copolymers, terpolymers, impact copolymers and rTPO's. About Lummus Technology Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.

Read More

Events