Biotechnology a sustainable alternative for chemical industry

| November 30, 2017

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This review outlines the current and emerging applications of biotechnology, particularly in the production and processing of chemicals, for sustainable development. Biotechnology is the application of scientific and engineering principles to the processing of materials by biological agentsQ. Some of the defining technologies of modern biotechnology include genetic engineering; culture of recombinant microorganisms.

Spotlight

Saudi Chemical Company

Saudi Chemical Company, a Saudi Joint Stock Company with a paid capital of 632,400,000 SAR, was founded in 1972 as the first civil explosive manufacturing company in the Kingdom of Saudi Arabia and immediately served as a domestic and an international provider of civil explosives for applications such as rock blasting for road cuts, foundations, trench blasting for oil and water pipe lines, tunneling for roads, mining and oil exploration.

OTHER ARTICLES

More data show how far we still have to go to solve the climate and plastic waste crises

Article | June 27, 2021

SEE THE END section of this blog post for a dystopian version of our environmental future. In a follow-up post – which I will publish on Thursday, 1 July – I will offer some suggestions about how we can avoid an outcome that nobody of course wants.Both posts are meant to be provocative, challenging and controversial because only through debate, and sometimes outright argument, will we get to the answers. If you disagree after either or both posts have been published, great, that would be good. In fact, I would love to hear from you whatever your views at john.richardson@icis.com. The petrochemicals industry can do this; we can fix this if we create the right forums for ideas and then solutions. Let me provide the background first. Let me start by examining developments in the refinery industry and the implications for petrochemicals as important background. Then I will look at a sample of ICIS petrochemicals demand growth forecasts for 2020-2040. I will conclude by providing the bleakest of bleak outcomes for the world in 2025

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Pulmonary toxicity – a challenge for drug and chemical development

Article | March 11, 2020

Despite the common assumption that adverse drug reactions only affect the kidney and liver, more than 600 medications inducing lung toxicity have been reported.1 Lungs are susceptible to toxicity due to their large surface area and metabolism of certain substances2, such as antibiotics and anti-inflammatories, and specialist drugs targeting the cardiovascular system and tumours. This has resulted in 4-10% of patients developing pulmonary toxicity.

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Coronavirus and the petrochemicals industry

Article | April 2, 2020

The coronavirus outbreak has touched virtually every aspect of modern life. For the petrochemicals industry, the landscape is shifting at an alarming pace. Only one thing seems certain: the coming decade will be shaped by this crisis. Consumer behaviour, investment decisions, the corporate landscape and even the path of globalisation will be influenced by its effects. Two immediate major shockwaves are linked to economic activity and feedstock pricing. The global economy is heading for recession. Our thinking has moved from an economic slowdown to a deep global recession, with the potential for a slow recovery. This has dramatic implications for the industry.

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Southeast polyolefins demand growth could be negative again in 2021

Article | July 13, 2021

BEFORE the pandemic, GDP growth rates in the developing world were always higher than in developed economies.And because developing economies had much lower levels of petrochemicals consumption than their rich counterparts, it meant that the multiples over GDP were higher than in the rich word, where consumption was pretty much saturated. For instance, polyethylene (PE) demand in a developed country such as Germany might have grown at 0.3% times GDP whereas in Indonesia the growth could have been one or more times higher than the rate of growth in GDP.But as The Economist wrote in this 11 July article: “In 2021 the poorest countries, which are desperately short of vaccines, are forecast to grow more slowly than rich countries for only the third time in 25 years.” Might the multiples over GDP growth also be adversely affected in the developing world, trending lower than the historic norms? They will almost certainly remain higher than the rich countries. But here is the thing: as millions more people are pushed back into extreme poverty by the pandemic or are denied the opportunity to achieve middle-income status, I believe that developing-world multiples may well decline.Escaping extreme poverty means being able to, say, afford a whole bottle of shampoo for the first time rather than a single-serve sachet, thereby raising per capita polymers consumption.

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Spotlight

Saudi Chemical Company

Saudi Chemical Company, a Saudi Joint Stock Company with a paid capital of 632,400,000 SAR, was founded in 1972 as the first civil explosive manufacturing company in the Kingdom of Saudi Arabia and immediately served as a domestic and an international provider of civil explosives for applications such as rock blasting for road cuts, foundations, trench blasting for oil and water pipe lines, tunneling for roads, mining and oil exploration.

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