Chemical Industry Growth in a Circular Economy

While sustainability has long been on the chemical industry agenda, the value paradigm is shifting fast. By capturing a share of this rapidly expanding market for reusable, renewable and recyclable products, chemical companies can turn these changes to their advantage and drive growth while helping to shape a greener, cleaner, more sustainable future.

Spotlight

NOVA Chemicals

NOVA Chemicals is guided by a singular purpose to shape a world where the plastic products vital to our health and happiness are better tomorrow than they are today. We have a bold ambition to create a plastics circular economy and work collaboratively toward a low carbon, zero plastic waste future. NOVA Chemicals’ portfolio of virgin and recycled resins, along with best-in-class technical expertise, is what sets us apart; our customers use our products to create easy-to-recycle and recycled content films, packaging, and products. Our employees work to ensure health, safety, security, and environmental stewardship through our commitment to sustainability and Responsible Care

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Chemical Technology

Guyana-Suriname basin: Rise from obscurity to super potential

Article | July 20, 2022

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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Chemical Technology

Survey Report: The State of Intelligent Operations in Oil and Gas

Article | July 20, 2022

Intelligent Operations can play a vital role in creating connected content environments, however, many companies – especially within oil and gas – having been slow on the uptake. Businesses that implement digital transformation initiatives often gain a competitive advantage over their rivals, as they benefit from reductions in human error, increases in productivity and further support for compliance efforts. This report, produced in collaboration with OpenText, dives into the results of our Intelligent Operations in Oil and Gas Survey 2020, revealing where the industry is in terms of its adoption of Intelligent Operations and the hurdles it needs to overcome to truly embrace digital platforms and solutions.

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Chemical Technology

Resin and Polymeric Binders for Inks

Article | August 8, 2022

The market size for polymeric and resin binders in the global printing ink marketwas estimated to be over 1,200,000 MT in 2020, with a CAGR of about five percent. A major driver of this growth comes from the packaging industry, due to increases in consumer spending and online shopping, as well as demand for processed and packaged foods and beverages. In addition, increased use of water-based inks is promoting market growth, off-setting environmental and health concerns regarding solvent-based inks in addition to strict environmental protection policies. Water-based inks are projected to overtake solvent-based inks due to environmental regulations, the reduction of volatile organic compounds (VOCs) in the pressroom, and improvements in overall print quality. Ink formulations are complex mixtures, consisting of four basic component classes: pigments, polymeric binder resins, solvents or an aqueous dispersant media, and additives, such as surfactants, waxes, and rheology modifiers that enhance print quality. The purpose of the resin binder is to disperse and carry the ink pigment to the substrate, stabilize the pigment and additives dispersion to prevent settling, and provide print properties such as ink transfer behavior, setting, and drying characteristics. The binder also contributes surface appearance and gloss, strength and flexibility, chemical and solvent resistance, and also rub resistance. Ink binders can be categorized into the following polymer and resin types: acrylics, polyurethanes, polyamides, modified resins, hydrocarbon resins, and modified cellulosics.

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IoT in Chemical market trends you Can’t miss in 2020: Here’s What Will Happen in the near future?

Article | April 12, 2020

Global IoT in Chemical market research report provides the newest industry data and industry future trends. It allows you to identify the products and end users driving Revenue growth and profitability. The IoT in Chemical industry report lists the leading competitors and provides the game-changing strategic analysis of the key factors driving the market. The report includes the forecasts by 2020-2028, analysis by 2014-2019, and discussion of important industry trends, market size, market share predictions and profiles of the top IoT in Chemical industry players.

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Spotlight

NOVA Chemicals

NOVA Chemicals is guided by a singular purpose to shape a world where the plastic products vital to our health and happiness are better tomorrow than they are today. We have a bold ambition to create a plastics circular economy and work collaboratively toward a low carbon, zero plastic waste future. NOVA Chemicals’ portfolio of virgin and recycled resins, along with best-in-class technical expertise, is what sets us apart; our customers use our products to create easy-to-recycle and recycled content films, packaging, and products. Our employees work to ensure health, safety, security, and environmental stewardship through our commitment to sustainability and Responsible Care

Related News

Chemical Management

LBB Specialties Announces Principal Partnership with Viscofan

PR Newswire | October 25, 2023

LBB Specialties (LBBS), a leader in specialty chemicals and ingredients distribution in North America, announces a new partnership with Viscofan DE, a global leader in collagen manufacturing. LBB Specialties will be Viscofan's preferred partner in the United States for their portfolio of premium collagen hydrolysates, including COLLinstant® and COLLinstant LMW®. "Viscofan has over 90 years of experience in the collagen market. We are excited to bring this expertise to our customer base, as these products meet global consumer demand for highly bioavailable ingredients with a major advantage over traditional collagen formulas," said Mike DeGennaro, Senior Vice President of LBB Specialties Food & Nutrition. Viscofan DE is the center of excellence for collagen products within the Viscofan group. Viscofan applies proprietary technologies and standardized extraction methods to process collagen from bovine skin for the development and industrial-scale production of novel collagen ingredients and biometrics. "LBB Specialties' technical expertise and dedicated commercial team is uniquely positioned to expand our innovative offerings in the US nutraceutical market," said James Murray, Business Manager at Viscofan. "Their existing portfolio of high-quality ingredients for health and wellness applications is the perfect complement to our COLLinstant® product line of collagen peptide alternatives." About LBB Specialties LBB Specialties is a leader in North American specialty chemicals and ingredients. It is a diversified supplier serving end-markets including care, food & nutrition, industrial specialties, and life sciences. LBB Specialties generates approximately $500 million in revenue annually and employs more than 110 commercial team members.

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Products and Technologies

Lygos & CJ FNT Partner to Deliver High-Performing, Sustainable Materials

Business Wire | October 19, 2023

Lygos, a sustainable specialty chemical company, and CJ Food & Nutrition Tech a global fermentation and biotechnology company and business unit of South Korea-based CJ CheilJedang, today announced the companies have signed an agreement to support large-scale manufacturing of amino and organic acid precursors for Lygos’ Soltellus™ & Ecoteria™ products. CJ has over 60 years in the fermentation business with expertise in microbial fermentation and infrastructure to scale and optimize production processes. The partnership enables Lygos to utilize CJ’s state-of-the-art manufacturing capacity, and access existing technology and optimization tools from their newly formed precision fermentation CDMO (Contract Development & Manufacturing Organization) business. Lygos intends to execute additional plans for near and mid-term demand for product applications of Soltellus and Ecoteria, while CJ will provide critical technical and strategic optimization for process and production to support commercialization. “CJ’s innovative approach enables efficient technology development, leverages robust production capabilities across the value chain, and is a strong complement to our current and future commercial product offerings,” said Eric Steen, CEO of Lygos. “This partnership augments our commercialization strategy of Collaborate to Accelerate by providing access to CJ’s technology and optimization capabilities for fermentation processes as well as the potential to collaborate on new products.” “Lygos represents a standout partner for us that has developed technology and commercial plans that meet our objectives for future growth,” said Lance Choi, CEO of CJ FNT. “We believe their success combined with our technical capabilities will help accrue additional partnerships to our CDMO business.” Soltellus™ polymers are sustainable, biodegradable, and water-soluble with applications in home care, agronomy, and water treatment. Ecoteria™ malonates offer safety, sustainability, performance, and supply resiliency benefits in fragrances, coatings, agriculture chemicals, pharmaceuticals, and other specialty applications. About Lygos Lygos is a pioneering sustainable specialty chemicals company, leading the world’s transition toward better, cleaner, and more sustainable products. We have built a proprietary and fully integrated platform of the most advanced technologies across synthetic biology, industrial chemistry, and application development to rapidly deliver market relevant solutions to some of the world’s biggest sustainability challenges. With a pipeline of high-performing, innovative solutions, Lygos is paving the way for generations of new sustainable solutions for our world.

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Chemical Management

Sinopec NZRCC Selects Lummus' Polypropylene Technology for Large-Scale Plant in China

PR Newswire | October 17, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus' Novolen® technology for a new 500 kilo ton per annum polypropylene plant in Ningbo, China. "With this award, our Novolen business strengthens its position in China and globally, reinforcing it as the industry's leader and preferred process for producing high-quality polypropylene," said Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology. "We look forward to supporting Sinopec NZRCC's project to build this highly competitive plant by providing timely, superior process design- and implementation services." Lummus' scope includes the technology license, basic design engineering, training and project engineering services. Today, Novolen is the industry's leading polypropylene technology and can deliver a sustainable route for polymers production, while maximizing the financial benefits of operations through lower CAPEX and OPEX. The technology is highly flexible, robust, energy efficient and allows production of a full grade slate of leading polypropylene products of all product families, including homopolymers, random copolymers, terpolymers, impact copolymers and rTPO's. About Lummus Technology Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.

Read More

Chemical Management

LBB Specialties Announces Principal Partnership with Viscofan

PR Newswire | October 25, 2023

LBB Specialties (LBBS), a leader in specialty chemicals and ingredients distribution in North America, announces a new partnership with Viscofan DE, a global leader in collagen manufacturing. LBB Specialties will be Viscofan's preferred partner in the United States for their portfolio of premium collagen hydrolysates, including COLLinstant® and COLLinstant LMW®. "Viscofan has over 90 years of experience in the collagen market. We are excited to bring this expertise to our customer base, as these products meet global consumer demand for highly bioavailable ingredients with a major advantage over traditional collagen formulas," said Mike DeGennaro, Senior Vice President of LBB Specialties Food & Nutrition. Viscofan DE is the center of excellence for collagen products within the Viscofan group. Viscofan applies proprietary technologies and standardized extraction methods to process collagen from bovine skin for the development and industrial-scale production of novel collagen ingredients and biometrics. "LBB Specialties' technical expertise and dedicated commercial team is uniquely positioned to expand our innovative offerings in the US nutraceutical market," said James Murray, Business Manager at Viscofan. "Their existing portfolio of high-quality ingredients for health and wellness applications is the perfect complement to our COLLinstant® product line of collagen peptide alternatives." About LBB Specialties LBB Specialties is a leader in North American specialty chemicals and ingredients. It is a diversified supplier serving end-markets including care, food & nutrition, industrial specialties, and life sciences. LBB Specialties generates approximately $500 million in revenue annually and employs more than 110 commercial team members.

Read More

Products and Technologies

Lygos & CJ FNT Partner to Deliver High-Performing, Sustainable Materials

Business Wire | October 19, 2023

Lygos, a sustainable specialty chemical company, and CJ Food & Nutrition Tech a global fermentation and biotechnology company and business unit of South Korea-based CJ CheilJedang, today announced the companies have signed an agreement to support large-scale manufacturing of amino and organic acid precursors for Lygos’ Soltellus™ & Ecoteria™ products. CJ has over 60 years in the fermentation business with expertise in microbial fermentation and infrastructure to scale and optimize production processes. The partnership enables Lygos to utilize CJ’s state-of-the-art manufacturing capacity, and access existing technology and optimization tools from their newly formed precision fermentation CDMO (Contract Development & Manufacturing Organization) business. Lygos intends to execute additional plans for near and mid-term demand for product applications of Soltellus and Ecoteria, while CJ will provide critical technical and strategic optimization for process and production to support commercialization. “CJ’s innovative approach enables efficient technology development, leverages robust production capabilities across the value chain, and is a strong complement to our current and future commercial product offerings,” said Eric Steen, CEO of Lygos. “This partnership augments our commercialization strategy of Collaborate to Accelerate by providing access to CJ’s technology and optimization capabilities for fermentation processes as well as the potential to collaborate on new products.” “Lygos represents a standout partner for us that has developed technology and commercial plans that meet our objectives for future growth,” said Lance Choi, CEO of CJ FNT. “We believe their success combined with our technical capabilities will help accrue additional partnerships to our CDMO business.” Soltellus™ polymers are sustainable, biodegradable, and water-soluble with applications in home care, agronomy, and water treatment. Ecoteria™ malonates offer safety, sustainability, performance, and supply resiliency benefits in fragrances, coatings, agriculture chemicals, pharmaceuticals, and other specialty applications. About Lygos Lygos is a pioneering sustainable specialty chemicals company, leading the world’s transition toward better, cleaner, and more sustainable products. We have built a proprietary and fully integrated platform of the most advanced technologies across synthetic biology, industrial chemistry, and application development to rapidly deliver market relevant solutions to some of the world’s biggest sustainability challenges. With a pipeline of high-performing, innovative solutions, Lygos is paving the way for generations of new sustainable solutions for our world.

Read More

Chemical Management

Sinopec NZRCC Selects Lummus' Polypropylene Technology for Large-Scale Plant in China

PR Newswire | October 17, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus' Novolen® technology for a new 500 kilo ton per annum polypropylene plant in Ningbo, China. "With this award, our Novolen business strengthens its position in China and globally, reinforcing it as the industry's leader and preferred process for producing high-quality polypropylene," said Romain Lemoine, Chief Business Officer of Polymers and Petrochemicals, Lummus Technology. "We look forward to supporting Sinopec NZRCC's project to build this highly competitive plant by providing timely, superior process design- and implementation services." Lummus' scope includes the technology license, basic design engineering, training and project engineering services. Today, Novolen is the industry's leading polypropylene technology and can deliver a sustainable route for polymers production, while maximizing the financial benefits of operations through lower CAPEX and OPEX. The technology is highly flexible, robust, energy efficient and allows production of a full grade slate of leading polypropylene products of all product families, including homopolymers, random copolymers, terpolymers, impact copolymers and rTPO's. About Lummus Technology Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide.

Read More

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