Analytics And Big Data: Driving Agility In The Chemical Industry

MICHAEL LAPROCIDO | April 19, 2018

article image
How important are concepts like Big Data and analytics to the modern enterprise environment? In a word: Very. One study estimates there are currently six million developers all over the world currently working on Big Data and advanced analytics projects. To put that into perspective, that’s about the size of the populations of Houston and Los Angeles combined. Spending on Big Data tech is expected to reach $57 billion by the end of the year. The business intelligence and analytics market worldwide will be worth about $18.3 billion by the same time.

Spotlight

Sitara Chemical Industries Limited

SCIL was incorporated in 1981 and began producing caustic soda in 1985, initially at a rate of 30 metric tones Caustic a day. The plant’s capacity was gradually increased over years to current level of 610 metric tones a day.In addition, various by-product facilities have been added and expanded from time to time to cope with growing demand. Company entered into Textile Spinning Business in 1995. Its specialty chemicals and export division was established in 2001 and agri chemicals division in 2003.

OTHER ARTICLES

COVID-19: Managing disruption in the chemical industry

Article | March 30, 2020

The chemical industry is no stranger to disruption, from SARS to trade policy conflict and the financial crisis. Yet COVID-19 is unprecedented in its impact, creating a universal imperative for governments and businesses to take immediate action to protect their people. Unlike many other sectors, the chemical industry is not in a position to stop production and send workers home. Instead, it needs to strike the right balance between “social distancing” and keeping plants running to provide the basic necessities for society, as well as the antiseptics, disinfectants, protective packaging and more needed to fight the pandemic.

Read More

What are Fine Chemicals & Why you should Outsource its Production

Article | March 25, 2020

Fine chemicals are those which are produced with a very high standard of purity and are intended for use in specialized applications. If you are starting a new company or investing into the development phase of a new product, outsourcing the production really makes good sense. This safeguards you and your business from the financial losses suffered out of halting the production of a product unevenly. A single substance created with the assistance of chemical reactions, which is additionally integrated into highly evolved applications is called a fine chemical. In contrast to bulk chemicals that are produced in large quantities, fine chemicals are produced in small batches because of their specialized nature. They are mainly used as starting materials for pharmaceuticals, agrochemicals & biopharmaceuticals.

Read More

A Coordinated Approach to Chemical Reactivity

Article | March 4, 2020

Atoms are gregarious by nature, escaping a solitary existence by forming chemical bonds with their neighbors. Chemical reactivity, in turn, depends on the degree of atomic “isolation”; a lonely atom will more readily interact and form bonds with others, as compared to its more “coordinated” counterparts that are chemically engaged with other atoms. This coordination concept plays a central role in our understanding of chemical and catalytic activity. What has been lacking to date, however, is a direct and quantitative measurement of the variation in chemical reactivity of atoms having different degrees of coordination.

Read More

The State of Intelligent Operations in Oil and Gas

Article | June 11, 2021

Intelligent Operations can play a vital role in creating connected content environments, however, many companies – especially within oil and gas – having been slow on the uptake. Businesses that implement digital transformation initiatives often gain a competitive advantage over their rivals, as they benefit from reductions in human error, increases in productivity and further support for compliance efforts.

Read More

Spotlight

Sitara Chemical Industries Limited

SCIL was incorporated in 1981 and began producing caustic soda in 1985, initially at a rate of 30 metric tones Caustic a day. The plant’s capacity was gradually increased over years to current level of 610 metric tones a day.In addition, various by-product facilities have been added and expanded from time to time to cope with growing demand. Company entered into Textile Spinning Business in 1995. Its specialty chemicals and export division was established in 2001 and agri chemicals division in 2003.

Events