Chemical Logistics Digital connections and positive reactions

| April 8, 2020

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Digitalization opens the door to a new age for the chemical industry. It paves the way for companies in the industry from material suppliers to solution and service providers. It is the driving force behind development that creates a new level of efficiency and transparency for the industry’s sensitive supply chains.

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Oil Test Internacional

OTI is Latin America's preferred inspection, verification, testing, and certification company. We have a vast network operating in the main ports of Latin-America providing inspection, sampling and analysis services during loading, discharge, and STS.

OTHER ARTICLES

Improving Pump Seal Reliability for Bay Area Petrochem Plants

Article | March 10, 2020

Keeping thousands of pumps in San Francisco Bay Area refineries running 24/7/365 requires a well-planned and well-executed maintenance strategy. Unplanned failures may have ramifications for safety, budget, and compliance—especially with regard to Bay Area Air Quality Management District (BAAQMD) regulations. One of the most mission-critical elements for smooth operations is pump seal reliability. Many plants run pumps outside the safe operating envelope and replace them only when economically feasible. Over time, however, you increasingly risk catastrophic downtime. Fortunately, you have the means to largely mitigate pump seal reliability problems with awareness and proactive management of conditions to improve safety and compliance.

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Southeast polyolefins demand growth could be negative again in 2021

Article | July 13, 2021

BEFORE the pandemic, GDP growth rates in the developing world were always higher than in developed economies.And because developing economies had much lower levels of petrochemicals consumption than their rich counterparts, it meant that the multiples over GDP were higher than in the rich word, where consumption was pretty much saturated. For instance, polyethylene (PE) demand in a developed country such as Germany might have grown at 0.3% times GDP whereas in Indonesia the growth could have been one or more times higher than the rate of growth in GDP.But as The Economist wrote in this 11 July article: “In 2021 the poorest countries, which are desperately short of vaccines, are forecast to grow more slowly than rich countries for only the third time in 25 years.” Might the multiples over GDP growth also be adversely affected in the developing world, trending lower than the historic norms? They will almost certainly remain higher than the rich countries. But here is the thing: as millions more people are pushed back into extreme poverty by the pandemic or are denied the opportunity to achieve middle-income status, I believe that developing-world multiples may well decline.Escaping extreme poverty means being able to, say, afford a whole bottle of shampoo for the first time rather than a single-serve sachet, thereby raising per capita polymers consumption.

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How Is the SCIP Database Different From the REACH Regulation

Article | February 14, 2020

Companies operating in the European Union (EU) must submit data when introducing articles containing Substances of Very High Concern (SVHCs) above the 0.1 percent weight by weight (w/w) threshold. The reporting trigger for an in-scope article is currently derived from the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) Regulation’s Candidate List of SVHCs, but the data requirements for the SCIP database, triggered by the EU Waste Framework Directive (WFD), vary widely from those required by the REACH Regulation.

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Can credit trading drive dollars to plastics recovery?

Article | February 18, 2020

An initiative backed by several major brands is looking to boost the flow of corporate money to vetted plastics recovery and recycling projects. The effort is based on a voluntary market-based standard, currently called the Plastic Waste Recovery and Recycling Project Standard, which will lay out broad rules and requirements for projects around the world to meet. Projects meeting the standard could generate credits, which companies would then purchase to help fund the effort. “It’s essentially driving corporation financing through a crediting mechanism to plastic recovery and recycling activities,” said Sneha Balasubramanian, a program officer at Washington, D.C.-based group Verra, which is creating the standard. Verra is a standards development organization that has a focus on climate action and sustainable development.

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Spotlight

Oil Test Internacional

OTI is Latin America's preferred inspection, verification, testing, and certification company. We have a vast network operating in the main ports of Latin-America providing inspection, sampling and analysis services during loading, discharge, and STS.

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