Can Plastics Be Turned Into Oil?

The world has a plastic problem. Too much of the material is ending up in our environment, and recently microplastics were even found in humans for the first time. There’s a growing movement to curtail our use of the material, but what should we do with what we already have? According to Let’s Recycle, there are a growing number of companies exploring the possibility of recycling plastics into oil.

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Quimitecnica

Iberian Diversified Chemical Distributor with 4 facilities in Portugal and 2 in Spain, also present in Africa (Morocco, Algeria, Tunisia, Egypt, Mozambique, Angola, etc) . Serving all industries, and in particular the pulp and paper, water and waste water treatment, metal, food processing, feed, surface treatment, textile, beverages, energy production, oil, automotive and leather industries.

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Chemical Technology

Ways Your Chemical Company Can Benefit From Digitization

Article | July 20, 2022

The chemical industry is evolving. The marketing, purchasing, and selling of chemicals are being affected by forces in the market, with digitization unquestionably having the most significant impact. Many of the existing digitizing models have likely already been given some thought and then rejected. Chemical businesses are currently conducting pilot projects or starting to gradually scale up their digital initiatives after moving past the proof-of-concept stage. Although this past year brought many difficulties, it also provided an opportunity to revise and re-evaluate foundations moving forward. The Great Reset, as the World Economic Forum has dubbed this time period, is illuminating how the chemical industry might leverage digital technologies to advance. Whether prompted by governmental requirements or consumer desires, chemical businesses' net-zero ambitions will necessitate new expenditures throughout the whole chemical value chain. As a result, back-office costs must be as efficient as possible to free up money to pay for those investments while keeping a profit. Consumer pull The most essential requirements for the success of a new product are a solid understanding of customer needs and wants, the competitive climate, and the makeup of the market. The primary factors that influence the needs of the consumer are price, timing, and quality. Therefore, companies create ongoing procedures and plans with these three factors in mind to better serve client needs and grow their market share by regularly creating new products. Technology pushes The influence of digital technology is constantly growing. One of the foundational elements of 21st-century sources of growth is data-driven innovation. There are numerous items and procedures in the history of innovation that were the result of an accident or careful forethought. Vast volumes of data, or "big data," are being produced and used as a result of the convergence of numerous phenomena, including the growing migration of socio-economic activities on the Internet and the decline in the cost of data collecting, storage, and processing. Large data sets are becoming an essential resource for the economy, supporting the development of new markets, procedures, and goods while also generating substantial competitive advantages. For example, a billion customers can now access broadband at a reasonable price because of the digital world's supporting infrastructure. In addition, cloud computing and the enormous amount of information processing equipment it needs are developing swiftly, and low-cost connected gadgets are being introduced into every industry. Economic benefits The financial gains that can be realized through digitization are genuine. The new digital technologies and businesses have seen an influx of cash, and the public markets are rewarding early adopters with record values. The effects of digitization are spreading swiftly throughout every business. Digitization is the changing of life and work as a result of new technologies, not only their acceptance. Much like earlier technologies, modern emerging technologies like the cloud and big data quickly become part of businesses' operations. Unknown to many, this is having a much more significant impact on the industry that makes these tools as well as on customers. Digitalization that derives from and includes strategic business objectives can greatly benefit chemical firms. Cost savings of roughly 30 to 40 percent can already be made on average today. Additionally, in certain situations, digitalization aided in improving service quality and affected the bottom line by, for instance, enabling new business models. On average, platform-driven digitization projects pay off after 18 months.

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Chemical Technology

Boom in petrochemicals demand guaranteed but we must grow sustainably

Article | June 6, 2022

ONE OF THE GREATEST achievements of the last 30 years has been the fall in the number of people living in extreme poverty.In 1999, 1.9bn of the world’s population were living on less than $1.90, the Word Bank’s definition of extreme poverty. Despite setbacks caused by the pandemic, this had fallen to 698m by October 2020. Income levels alone are not enough to escape the life-threatening agony of extreme poverty. There is no point in having money if the essential goods and services to spend your money on are not available. Critical to poverty alleviation has been sufficient supply of all the things that people in the rich world take for granted. The raw materials to make the vast majority of manufactured goods include petrochemicals and polymers. Nearly all the major manufacturing chains would not have been able to function without petrochemicals. Think of medical equipment, syringes, blood bags, hospital gowns, face masks, pill bottles and medicine blister packs. None of the above could have been produced without petrochemicals. As people emerged out of extreme poverty and as economies became wealthier, modern-day medical services became more widely available.

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Chemical Technology

The multi-million dollar polymers opportunity: continued big regional price differentials

Article | July 20, 2022

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.

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Chemical Technology

Guyana-Suriname basin: Rise from obscurity to super potential

Article | May 13, 2021

Recent discoveries in the Guyana-Suriname basin attest to estimates of 10+ Bbbl of oil resources and more than 30 Tcf of gas.1 Like many oil & gas successes, this is a story that begins with early exploration success onshore, followed by a long period of exploration disappointment in coastal to shelf regions offshore, eventually culminating in deepwater success.

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Quimitecnica

Iberian Diversified Chemical Distributor with 4 facilities in Portugal and 2 in Spain, also present in Africa (Morocco, Algeria, Tunisia, Egypt, Mozambique, Angola, etc) . Serving all industries, and in particular the pulp and paper, water and waste water treatment, metal, food processing, feed, surface treatment, textile, beverages, energy production, oil, automotive and leather industries.

Related News

Tampa fire rescue working to clean up after chemical spill

Tampa | February 20, 2019

Tampa Fire Rescue officials responded to a hazmat situation Wednesday morning on Columbus Drive. According to a press release, a tanker trunk was transferring a cleaning chemical to another storage tank, which caused a chemical reaction and spill from the top of the holding tank. Residents next to the complex were moved to another place while crews cleaned up the spill, and the leak was stopped by 9:20 a.m. The shelter order was lifted, and residents were allowed back shortly thereafter. Two workers were seen at the hospital for observation following the spill, but there were no reported injuries. Crews are working to neutralize and clean up the chemicals, and there is currently no threat to the surrounding area or public, fire rescue officials say.

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A catalyst for ‘greener’ hydrogen production

The Chemical Engineer | January 14, 2019

A RESEARCHER at the University of Delaware (UD), US has patented a process that could enable greener production of hydrogen. The process uses electricity and a copper-titanium (Cu-Ti) catalyst to make hydrogen from water. Hydrogen is an energy carrier and can be used to power fuel cells in vehicles, buildings, and other infrastructure. It can also be used to upcycle biomass, such as straw and grasses, into high-value chemicals to produce a range of products, such as plastics, paint, and personal care items. However, using hydrogen for these purposes is challenged by the unsustainable methods required for hydrogen production. Currently, the main processes for production use fossil fuels and produce carbon dioxide.

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NGOs demand release of REACH studies submitted as confidential under TSCA

Chemical Watch | December 20, 2018

A coalition of NGOs has filed a public records request demanding the release of REACH studies submitted to the US EPA under TSCA that are being withheld as confidential. And the NGO action could represent an early test to the EPA's interpretation of what types of information can be protected as CBI under the law. At issue is the first of ten draft risk evaluations issued under the reformed TSCA, which focuses on pigment violet 29. Released to some controversy last month, the draft proposes to conclude that the substance does not pose an unreasonable risk to human health or the environment.

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Tampa fire rescue working to clean up after chemical spill

Tampa | February 20, 2019

Tampa Fire Rescue officials responded to a hazmat situation Wednesday morning on Columbus Drive. According to a press release, a tanker trunk was transferring a cleaning chemical to another storage tank, which caused a chemical reaction and spill from the top of the holding tank. Residents next to the complex were moved to another place while crews cleaned up the spill, and the leak was stopped by 9:20 a.m. The shelter order was lifted, and residents were allowed back shortly thereafter. Two workers were seen at the hospital for observation following the spill, but there were no reported injuries. Crews are working to neutralize and clean up the chemicals, and there is currently no threat to the surrounding area or public, fire rescue officials say.

Read More

A catalyst for ‘greener’ hydrogen production

The Chemical Engineer | January 14, 2019

A RESEARCHER at the University of Delaware (UD), US has patented a process that could enable greener production of hydrogen. The process uses electricity and a copper-titanium (Cu-Ti) catalyst to make hydrogen from water. Hydrogen is an energy carrier and can be used to power fuel cells in vehicles, buildings, and other infrastructure. It can also be used to upcycle biomass, such as straw and grasses, into high-value chemicals to produce a range of products, such as plastics, paint, and personal care items. However, using hydrogen for these purposes is challenged by the unsustainable methods required for hydrogen production. Currently, the main processes for production use fossil fuels and produce carbon dioxide.

Read More

NGOs demand release of REACH studies submitted as confidential under TSCA

Chemical Watch | December 20, 2018

A coalition of NGOs has filed a public records request demanding the release of REACH studies submitted to the US EPA under TSCA that are being withheld as confidential. And the NGO action could represent an early test to the EPA's interpretation of what types of information can be protected as CBI under the law. At issue is the first of ten draft risk evaluations issued under the reformed TSCA, which focuses on pigment violet 29. Released to some controversy last month, the draft proposes to conclude that the substance does not pose an unreasonable risk to human health or the environment.

Read More

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