CHEMICAL AND PETROCHEMICAL PROJECTS: WE MAKE IT WORK

| October 16, 2019

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Bilfinger covers the entire lifecycle of chemical & petrochemical infrastructure. Whether we are talking about process units in the base chemical industry, furnaces and steam generators in the petrochemical industry or process utilities and steam supply piping systems – Bilfinger does the design, procurement and fabrication as well as construction. We also take care of the subsequent maintenance of your assets.

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Rimon Chemical Co. Ltd

Rimon Chemical Co. Ltd acts as the accredited agent for multi national raw material manufacturers based in Asia, Europe, and the United States of America to supply our clients in Jordan, Lebanon, Palestine, Syria, Saudi Arabia and Iraq. The company is involved in export, import, trading, official requisition, sourcing, localized as well as international sales of Chemicals, excipients and active ingredients for various industrial sectors.

OTHER ARTICLES

THE BUSINESS CASE FOR SUSTAINABILITY IN THE CHEMICAL INDUSTRY IN 2020 & BEYOND

Article | March 3, 2020

Sustainability fervor – which has been building in importance over the past few years – has reached a new height in 2020. Chemical industry leaders made lofty statements at the World Economic Forum in Davos about the importance of engaging in sustainable development. Despite that, the chemicals industry is big, conservative, and typically slow to move. This raises the question: "What factors will really force change in the chemicals industry, and what does that change look like?" In this blog, we examine three possible drivers of change – carbon taxes, investor pressure, and supply chain pressure – and discuss their possible implications. We specifically focus on chemical companies, as highly carbon-intensive industries like cement and steel face a very different picture with respect to sustainability challenges.

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Energy portfolio restructuring: Charting the future

Article | June 17, 2021

Consumer needs and preferences in the energy industry are evolving. Environmental, social and governance (ESG) concerns are becoming more acute—inspiring action and shifting value towards low-carbon solutions. These trends accelerated in 2020 and for the first time, market capitalization of leading low-carbon solutions companies began to overtake those of oil and gas (O&G) majors. This is despite the majors laying out energy transition strategies, setting low carbon energy targets and generating higher revenues by an order of magnitude.1 In response to this radically changing landscape, energy companies are charting divergent courses for their futures. Some continue to bet on their ability to generate returns from the O&G value chain. They are focusing on growing margins and lowering carbon intensity. Others are supplementing their capabilities with low-carbon energy solutions or exiting hydrocarbons altogether. This blog focuses on the path forward for the energy majors in Europe who are betting big on diversification.

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Petrochemical buyers, after a very difficult pandemic, can gain from China-driven deflation

Article | May 6, 2021

BUYERS OF polypropylene (PP) and other polymers and petrochemicals have had an incredibly difficult pandemic. Firstly, the converters and brand owners expected doom and gloom last March. At the time it seemed logical to expect a cratering of demand as the global economy pretty much imploded. Just looking at forecasts for GDP, parallels were drawn with the Global Financial Crisis when collapses in growth led to a cratering of polymers demand. The US is a good example where PP demand declined by 12% in 2008 over 2007. Demand then fell by a further 5% in 2009 over 2008.But what we all missed was the complete dislocation of polymers and petrochemicals demand from GDP. As economies registered historic declines, consumption went up. PP demand went through the roof, firstly for food packaging and hygiene applications.Then consumption for the durable goods made from PP also smashed through the rafters as we bought white goods (PP is used to make components of washing machines), consumer electronics (PP is used to make some electronic components) and carpets (PP fibres are used here).

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Optimizing chemical production using data-driven, AI-enabled hybrid modeling

Article | March 13, 2020

Smart use of your plant’s data can take process efficiency to a higher level. Hybrid models driven by artificial intelligence deliver the best results for the least effort. And you don’t need a data science degree to enjoy them. Data is everywhere these days – and the volumes of it are growing exponentially all the time. We’re used to smart uses of it in our everyday lives. Like Amazon and Netflix using our past behavior to tempt us with new products or shows, even making them more appealing by tailoring how they look based on carefully constructed, data-driven profiles of our tastes. Much of that heavy lifting is done by artificial intelligence (AI). In chemical production, process control systems have been collecting data measurements during continuous or batch manufacturing for decades.

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Spotlight

Rimon Chemical Co. Ltd

Rimon Chemical Co. Ltd acts as the accredited agent for multi national raw material manufacturers based in Asia, Europe, and the United States of America to supply our clients in Jordan, Lebanon, Palestine, Syria, Saudi Arabia and Iraq. The company is involved in export, import, trading, official requisition, sourcing, localized as well as international sales of Chemicals, excipients and active ingredients for various industrial sectors.

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