Challenges That the US Petrochemical Industry is Facing in 2016

| November 27, 2017

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According to Platts, the US petrochemical industry has seen great investment as well as new projects thanks to cheaper, shale-based feed stocks. Most of these projects have created plastics and end products that benefit a growing middle class in a developing world.

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First Chemical Limited

First Chemical Limited, the company that has been known in the market for its continuing commitment to innovative solutions, is a successful established enterprise with manufacturing facilities in Canada and planned future expansion in Europe. Our company has established a solid reputation for dependability, quality and innovative product development. As a specialty chemical manufacturer, First Chemical Limited, provides diversife products for such markets as, personal care, industrial and institutional.

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Ensuring a Winning Strategy for Value Chain Optimization of the Refining and Petrochemical Industries

Article | March 24, 2020

The Refining and petrochemical industries have a projection to keep growing in the next two decades and companies that are investing in new technology today will be ahead of your competition in about 2 years. The digitalization of the value chain, also known as value chain optimization, is a complex task. Part of this complexity comes from the diversity of challenges that occurs in different areas of the value chain within each operation, as we addressed in the article Understanding the Refining and Petrochemical Value Chains to Drive Optimization. Many companies still fail to obtain economic return from their investment in digitalization and we presented the most common challenges in the article Challenges of Achieving Value Chain Optimization in the Refining and Petrochemical Industries. With so many challenges, how can businesses ensure they have a strategic digital transformation program that will successfully result in the optimization of your value chain?

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

Article | May 1, 2021

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.

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Chemical Recycling of Plastic – Waste No More?

Article | March 2, 2020

When it comes to the circular economy transition, plastics recycling is as much of a challenge as an opportunity. Today, around 25.8 million tons of plastic waste are generated in Europe every year, with less than 30 percent of it getting collected for recycling. This is a huge loss of valuable resources to the economy, and with a huge cost to the environment. Could chemical recycling be part of the ultimate solution, making the plastics value chain more circular whilst providing a profitable new industry branch.

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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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Spotlight

First Chemical Limited

First Chemical Limited, the company that has been known in the market for its continuing commitment to innovative solutions, is a successful established enterprise with manufacturing facilities in Canada and planned future expansion in Europe. Our company has established a solid reputation for dependability, quality and innovative product development. As a specialty chemical manufacturer, First Chemical Limited, provides diversife products for such markets as, personal care, industrial and institutional.

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