Can Plastics Be Turned Into Oil?

| January 15, 2019

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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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Redox Chemical Industries

Redox Chemical Industries Philippines is committed to providing preventive maintenance chemicals and other related cleaning chemicals products for institutional applications. The confidence we gained through twenty (20) years’ experience enables us to distinguish the most stringent demands and requirements of our clients, we formulate products with exclusive specifications, uncompromising quality, assured efficiency and cost-effective solutions.

OTHER ARTICLES

Coronavirus Impact on Fine Chemical Supply Chain

Article | March 6, 2020

Coronavirus, more accurately referred to as COVID-19, is beginning to impact global supply chains in a tangible way. Although it is impossible to forecast the effect of numerous epidemics worldwide on the fine chemical supply chain specifically, reports suggest that as much as 94% of the Fortune 1000 are already experiencing coronavirus-related supply disruptions. Fortune cites the devastating 2011 tsunami as a case study of how unforeseeable disasters can severely disturb supply chains with far-reaching ramifications. Damage to Mitsubishi Gas Chemical factories in the area affected by the tsunami led to a shortage of bismaleimide triazine (BT) resin; a critical material for electronic substrates.

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

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.

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Chemical Accidents Lead To Increase In Investigations

Article | February 17, 2020

In the last two years, the U.S. Chemical Safety Board (CSB) has launched investigations into seven separate chemical accidents or explosions in the Houston area. Prior to 2018, the CSB only conducted roughly one investigation per year. Investigators believe that the massive increase in accidents which require an investigation by the CSB is due to a variety of factors such as the large number of chemical companies in the Houston area, the age of the infrastructure, and companies being allowed to self-regulate. Many of these explosions and fires have directly led to the deaths of workers, bystanders, millions of dollars in property damage, and the evacuation of tens of thousands of local residents who risk being exposed to toxic chemicals.

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We can solve the plastic waste crisis but we don’t have much time

Article | May 27, 2021

IN 2015, a global agreement was reached that 8m tonnes a year of plastic waste entering the oceans was unacceptable, according to this September 2020 article in The Conversation. This was the amount of plastic that was estimated to have ended up in the oceans in 2010. “Several international platforms emerged to address the crisis, including Our Ocean, the UN Sustainable Development Goals and the G7 Ocean Plastic Charter, among others,” continued the article. But in 2020, an estimated 24m-34m tonnes of plastic waste was forecast to enter our lakes, rivers and oceans. This could reach as much as 90m tonnes in 2030 if the current trajectory continued, said The Conversation. This is the type of information out there, free to view on the internet and accessible via a very quick Google search, representing a major challenges for our industry. I cannot of course verify the numbers. But they are out there. Also out there is a May 2019 article by the World Economic Forum (WEF), which provided a good summary of research into what experts believed was the scale of the waste problem in the developing world.

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Spotlight

Redox Chemical Industries

Redox Chemical Industries Philippines is committed to providing preventive maintenance chemicals and other related cleaning chemicals products for institutional applications. The confidence we gained through twenty (20) years’ experience enables us to distinguish the most stringent demands and requirements of our clients, we formulate products with exclusive specifications, uncompromising quality, assured efficiency and cost-effective solutions.

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