Chemical Procurement? It Pays to Be a Pessimist

February 15, 2019 | 160 views

If you are a chemical producer or supplier, it pays to be a pessimist. Disaster, either natural or man-made is usually never far away. Be it a chemical plant explosion, or market collapse, global economic sanctions, trade war, or Brexit, no one can be certain what will hit the fan, or when. Sometimes, the impact to chemical supply chains can be catastrophic. For example, when Hurricane Harvey hit Texas last year, the full force of the storm was felt by the chemical facilities around the petrochemical hub at Houston. As Bloomberg reported at the time, “A third of U.S. chemical production has been disrupted by Harvey, boosting prices and threatening shortages for basic industrial building blocks such as chlorine.”

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Elekeiroz SA

ELEKEIROZ is a Brazilian company present in the Chemical area for more than a century. The company was founded as Queiroz Moura & Cia. in 1894 as a manipulation laboratory of vegetal extracts-based products; one of its participants was the pharmacist Luiz Pinto de Queiroz.

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CHEMICAL MANAGEMENT

Transporting biological and chemical materials - what you need to know

Article | July 13, 2021

The landscape of biological and chemical logistics has changed rapidly - as have the regulatory frameworks around it. What has not necessarily kept pace is the end-user understanding of the nature of these logistical processes, their opportunities and their constraints. Twenty years ago, the transmission of biological and chemical materials was limited to a small range of organisations: usually national and international research companies, hospitals, major university departments, police and military departments with forensic responsibilities.

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CHEMICAL TECHNOLOGY

Setting record straight on testing harm in chemicals

Article | July 14, 2022

The modern world is built on chemicals, be it the medicines we use, or cleaning fluids, crop protection products, or the raw materials for everything from laptops and mobile phones to clothes and furniture. Across all, we have created an entire modern society with chemicals, and, as a result, constantly stretched the size of the world population we can feed, clothe and shelter. Yet, balancing all the gains from the modern chemistry around us against any negative environmental and human impact has been a rising concern, making for ever greater focus on testing and on risk assessment.

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CHEMICAL TECHNOLOGY

Why chemical characterization is the best way to assess patient risk

Article | July 20, 2022

Everyone is very familiar with the phrase when buying a house: All that really matters are three things - location, location, and location. This same principle applies to extractables and leachables chemistry analysis – the three things that truly matter are identification, identification, and identification. The greatest growth in the past ten years in demonstrating the safety of medical devices and container closure systems for drugs has been using analytical chemistry to determine what chemicals can leach from the device and what the patient is exposed to during its intended use.

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How Chemical Companies Benefit from the Experience Economy

Article | February 10, 2020

To feel or experience from a business engagement started with customer experience mainly in the consumer products business. Today it has extended to even knowledge industries like the chemical industry where experiencing or feeling can be leveraged to include all stake holders from customers primarily to employees to supply chain people & suppliers and all else. With digital technologies this has become easier than before. The benefits from promoting the ‘feel’ or ‘experience’ emotion could be multifarious for the chemical industry as described in this article.

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Spotlight

Elekeiroz SA

ELEKEIROZ is a Brazilian company present in the Chemical area for more than a century. The company was founded as Queiroz Moura & Cia. in 1894 as a manipulation laboratory of vegetal extracts-based products; one of its participants was the pharmacist Luiz Pinto de Queiroz.

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CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES

CF Industries Holdings, Inc. Announces Agreement to Purchase Waggaman Ammonia Production Facility from Incitec Pivot Limited

CF Industries | March 20, 2023

CF Industries Holdings, Inc. a leading global manufacturer of hydrogen and nitrogen products, announced that it has signed a definitive purchase agreement with Incitec Pivot Limited (ASX: IPL) for IPL’s ammonia production complex located in Waggaman, Louisiana. The facility has a nameplate capacity of 880,000 tons(1) of ammonia annually. Under the terms of the agreement, CF Industries will purchase the Waggaman ammonia plant and related assets for $1.675 billion. The companies will allocate approximately $425 million of the purchase price to a long-term ammonia offtake agreement under which CF Industries will supply up to 200,000 tons of ammonia per year to IPL’s Dyno Nobel subsidiary. CF Industries expects to fund the remaining $1.25 billion of the purchase price with cash on hand. “We are pleased to reach this agreement with Incitec Pivot Limited that benefits from our industry-leading ammonia production capabilities, deploys our capital efficiently and provides long-term value for both companies’ shareholders,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “We believe the Waggaman facility will fit seamlessly into our network, as well as our strategic focus on ammonia as a clean energy source, given its proximity and pipeline connection to our Donaldsonville, Louisiana, Complex, its distribution and logistics flexibility, and its favorable characteristics for the addition of carbon capture and sequestration (CCS) technologies to enable low-carbon ammonia production.” Ammonia produced at the Waggaman facility today is distributed ratably to three customers, including Dyno Nobel, with approximately 75% used in industrial applications. Based on the nature of the medium- to long-term offtake agreements in place with these customers, CF Industries estimates that the plant will generate gross margin per ton commensurate with its existing ammonia segment prior to synergies, which the Company expects to capture through greater capacity utilization and operational and logistics optimization. Over the last five years, CF Industries’ operational capabilities have resulted in ammonia asset utilization that is approximately 10% higher than the average utilization rate of the Company’s North American peers. Additionally, CF Industries anticipates implementing CCS at the site on an accelerated timeline, increasing its network’s low-carbon ammonia production capability, supporting Louisiana’s and the country’s climate goals, and earning 45Q tax credits for sequestered carbon dioxide. The transaction has been unanimously approved by the boards of directors of both companies and is subject to receipt of certain regulatory approvals and other customary closing conditions. Goldman Sachs & Co. LLC is serving as the financial advisor to CF Industries on the transaction. Skadden, Arps, Slate, Meagher & Flom LLP is acting as its legal advisor. Product volumes in press release are expressed in short tons About the Waggaman Ammonia Production Complex The Waggaman, Louisiana, ammonia production complex is situated on an integrated chemicals complex owned by Cornerstone Chemical Company. Commissioned October 2016 Nameplate capacity: 880,000 tons of ammonia per year Approximately 90 employees 38,500-ton ammonia storage tank onsite Ability to load and transport ammonia by NuStar Pipeline, barge, truck and rail Located in Jefferson Parish on the Mississippi River with potential for vessel loading capabilities for low-carbon ammonia exports Site is 60 miles southeast of CF Industries’ Donaldsonville Complex, facilitating resource and best practice sharing between the complexes About CF Industries Holdings, Inc. At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently.

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CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES

M. Holland Company Partners with Lavergne to Distribute PCR Resins, Enabling Material and Price Stability for Customers in North America

M. HOLLAND | March 17, 2023

M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, today announced a new partnership with Lavergne, a global manufacturer specializing in the formulation of customized compounded engineered resins, to distribute post-consumer recycled (PCR) resins. This partnership will allow M. Holland’s clients to access Lavergne’s certified PCR resins with increased supply chain security and pricing stability. “Sustainability is a primary focus for the plastics industry, and the demand for PCR resins has accelerated in recent years,” said Samantha Stone, Global Sourcing Leader, Sustainability, at M. Holland. “Lavergne produces superior, renewed thermoplastic resins that we’re proud to offer our customers. Our partnership with Lavergne will help meet the demand for PCR resins for our clients in North America, where there is currently no viable solution. M. Holland’s customers should also benefit from more stable pricing because Lavergne’s portfolio is 100% recycled plastics and does not depend on shifting petroleum prices.” PCR resins are a growing product segment that complements traditional petroleum-based resins. There is burgeoning demand for PCR resins to meet the needs of brand owners and original equipment manufacturers (OEMs), many of whom have set aggressive sustainability goals. Demand is growing across several durable goods segments, including automotive, consumer electronics, home appliances, and office furniture and supplies. M. Holland’s customers can be confident in the quality of resins produced by Lavergne, which has 35 years of experience in the plastics industry. “With a shared vision for sustainability, establishing a partnership with M. Holland was an easy decision,” said Benoit Bessette, Vice President, Strategy and Planning, at Lavergne. “We look forward to working with M. Holland and educating the market on the necessary transition to PCR resins by supplying trusted and cost-effective, sustainable materials, while drastically reducing their carbon footprint.” Lavergne is an industry leader in the advancement of engineered thermoplastics focusing on designing, developing and manufacturing high-value sustainable resins using 100% PCR plastics. It has manufacturing sites in Montreal, Belgium, Vietnam and Haiti, providing supply chain security, high-quality certified materials and stable pricing for M. Holland’s customers. ABOUT M. HOLLAND M. Holland is a leading international distributor of thermoplastic resins, providing suppliers with the most strategic channels to market, offering clients innovative sourcing and supply chain solutions, delivering materials that empower sustainable innovation, and helping people lead rewarding careers. Since 1950, a deep commitment to personal relationships and innovation has formed the core of the company’s heritage, culture and vision. Headquartered in Northbrook, Illinois, M. Holland has over $1.5 billion in annual sales, partners with more than 4,000 customers annually, and serves over 70 countries across North America, LATAM, EMEA and Asia. M. Holland has offices located in the U.S., Mexico, Puerto Rico and the Netherlands.

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PRODUCTS AND TECHNOLOGIES, RAW MATERIALS

DayGlo Announces Introduction of Elara Luxe Cosmetic Colorants

DayGlo | March 16, 2023

DayGlo Color Corp., one of the world's leaders in manufacturing daylight fluorescent pigments, has recently announced the introduction of Elara Luxe, its latest innovation in fluorescent color technology for the personal care and cosmetics industries. The Elara Luxe product range, which includes seven new plant-based fluorescent pigments, was created with the notion that clean beauty should never have to sacrifice brilliance. It empowers formulators and transforms the conventional way of thinking about color in the sector. For the very first time, clean beauty products can have the robust and rich palette that clients demand. Elara Luxe pigments provide new opportunities for creating vibrant colors with unprecedented color breadth and intensity. Customers are driving demand for environmentally friendly products that are free of toxic substances. The new product range has no microplastics, which benefits both consumers and the environment. Elara Luxe exemplifies clean beauty standards and establishes a new class of cosmetic colorants derived from all-natural rice protein, a potent union of nature and technology. All pigments are plant-based, naturally biodegradable, vegan, kosher, non-GMO, and halal-approved. Elara Luxe colorants are compatible with oil-based, solvent-based, and water-based formulations. This makes them suitable for a wide variety of applications when utilized in compliance with the usage and restrictions specified in 21 CFR Part 82 Subparts B and 21 CFR Part 74 Subpart C, C, and D. These include cosmetics, temporary hair color, lotions and soaps, lip gloss and lipsticks, face paint, and nail polish or nail lacquer. Will Wooten, VP of Global Sales and Marketing at DayGlo, said, "The Elara Luxe range is a key element of DayGlo's growth strategy." He added, "As America's leading fluorescent pigment manufacturer, we are ecstatic about our latest innovation. Here is a product with the power to revolutionize the palette available to formulators." (Source – Business Wire) About DayGlo DayGlo, founded in 1946, is the world's leading manufacturer of daylight fluorescent pigments, and it creates technology to improve and enhance colors. Headquartered in Cleveland, Ohio, the company manufactures pigments, inks, toners, coatings, and fluorescent dispersions for a range of applications, including food and beverage, plastics, safety equipment, and consumer goods. Moreover, DayGlo markets the Radiant, Swada, and Sterling fluorescent colorant brands in Europe and other regions.

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CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES

CF Industries Holdings, Inc. Announces Agreement to Purchase Waggaman Ammonia Production Facility from Incitec Pivot Limited

CF Industries | March 20, 2023

CF Industries Holdings, Inc. a leading global manufacturer of hydrogen and nitrogen products, announced that it has signed a definitive purchase agreement with Incitec Pivot Limited (ASX: IPL) for IPL’s ammonia production complex located in Waggaman, Louisiana. The facility has a nameplate capacity of 880,000 tons(1) of ammonia annually. Under the terms of the agreement, CF Industries will purchase the Waggaman ammonia plant and related assets for $1.675 billion. The companies will allocate approximately $425 million of the purchase price to a long-term ammonia offtake agreement under which CF Industries will supply up to 200,000 tons of ammonia per year to IPL’s Dyno Nobel subsidiary. CF Industries expects to fund the remaining $1.25 billion of the purchase price with cash on hand. “We are pleased to reach this agreement with Incitec Pivot Limited that benefits from our industry-leading ammonia production capabilities, deploys our capital efficiently and provides long-term value for both companies’ shareholders,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “We believe the Waggaman facility will fit seamlessly into our network, as well as our strategic focus on ammonia as a clean energy source, given its proximity and pipeline connection to our Donaldsonville, Louisiana, Complex, its distribution and logistics flexibility, and its favorable characteristics for the addition of carbon capture and sequestration (CCS) technologies to enable low-carbon ammonia production.” Ammonia produced at the Waggaman facility today is distributed ratably to three customers, including Dyno Nobel, with approximately 75% used in industrial applications. Based on the nature of the medium- to long-term offtake agreements in place with these customers, CF Industries estimates that the plant will generate gross margin per ton commensurate with its existing ammonia segment prior to synergies, which the Company expects to capture through greater capacity utilization and operational and logistics optimization. Over the last five years, CF Industries’ operational capabilities have resulted in ammonia asset utilization that is approximately 10% higher than the average utilization rate of the Company’s North American peers. Additionally, CF Industries anticipates implementing CCS at the site on an accelerated timeline, increasing its network’s low-carbon ammonia production capability, supporting Louisiana’s and the country’s climate goals, and earning 45Q tax credits for sequestered carbon dioxide. The transaction has been unanimously approved by the boards of directors of both companies and is subject to receipt of certain regulatory approvals and other customary closing conditions. Goldman Sachs & Co. LLC is serving as the financial advisor to CF Industries on the transaction. Skadden, Arps, Slate, Meagher & Flom LLP is acting as its legal advisor. Product volumes in press release are expressed in short tons About the Waggaman Ammonia Production Complex The Waggaman, Louisiana, ammonia production complex is situated on an integrated chemicals complex owned by Cornerstone Chemical Company. Commissioned October 2016 Nameplate capacity: 880,000 tons of ammonia per year Approximately 90 employees 38,500-ton ammonia storage tank onsite Ability to load and transport ammonia by NuStar Pipeline, barge, truck and rail Located in Jefferson Parish on the Mississippi River with potential for vessel loading capabilities for low-carbon ammonia exports Site is 60 miles southeast of CF Industries’ Donaldsonville Complex, facilitating resource and best practice sharing between the complexes About CF Industries Holdings, Inc. At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently.

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CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES

M. Holland Company Partners with Lavergne to Distribute PCR Resins, Enabling Material and Price Stability for Customers in North America

M. HOLLAND | March 17, 2023

M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, today announced a new partnership with Lavergne, a global manufacturer specializing in the formulation of customized compounded engineered resins, to distribute post-consumer recycled (PCR) resins. This partnership will allow M. Holland’s clients to access Lavergne’s certified PCR resins with increased supply chain security and pricing stability. “Sustainability is a primary focus for the plastics industry, and the demand for PCR resins has accelerated in recent years,” said Samantha Stone, Global Sourcing Leader, Sustainability, at M. Holland. “Lavergne produces superior, renewed thermoplastic resins that we’re proud to offer our customers. Our partnership with Lavergne will help meet the demand for PCR resins for our clients in North America, where there is currently no viable solution. M. Holland’s customers should also benefit from more stable pricing because Lavergne’s portfolio is 100% recycled plastics and does not depend on shifting petroleum prices.” PCR resins are a growing product segment that complements traditional petroleum-based resins. There is burgeoning demand for PCR resins to meet the needs of brand owners and original equipment manufacturers (OEMs), many of whom have set aggressive sustainability goals. Demand is growing across several durable goods segments, including automotive, consumer electronics, home appliances, and office furniture and supplies. M. Holland’s customers can be confident in the quality of resins produced by Lavergne, which has 35 years of experience in the plastics industry. “With a shared vision for sustainability, establishing a partnership with M. Holland was an easy decision,” said Benoit Bessette, Vice President, Strategy and Planning, at Lavergne. “We look forward to working with M. Holland and educating the market on the necessary transition to PCR resins by supplying trusted and cost-effective, sustainable materials, while drastically reducing their carbon footprint.” Lavergne is an industry leader in the advancement of engineered thermoplastics focusing on designing, developing and manufacturing high-value sustainable resins using 100% PCR plastics. It has manufacturing sites in Montreal, Belgium, Vietnam and Haiti, providing supply chain security, high-quality certified materials and stable pricing for M. Holland’s customers. ABOUT M. HOLLAND M. Holland is a leading international distributor of thermoplastic resins, providing suppliers with the most strategic channels to market, offering clients innovative sourcing and supply chain solutions, delivering materials that empower sustainable innovation, and helping people lead rewarding careers. Since 1950, a deep commitment to personal relationships and innovation has formed the core of the company’s heritage, culture and vision. Headquartered in Northbrook, Illinois, M. Holland has over $1.5 billion in annual sales, partners with more than 4,000 customers annually, and serves over 70 countries across North America, LATAM, EMEA and Asia. M. Holland has offices located in the U.S., Mexico, Puerto Rico and the Netherlands.

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PRODUCTS AND TECHNOLOGIES, RAW MATERIALS

DayGlo Announces Introduction of Elara Luxe Cosmetic Colorants

DayGlo | March 16, 2023

DayGlo Color Corp., one of the world's leaders in manufacturing daylight fluorescent pigments, has recently announced the introduction of Elara Luxe, its latest innovation in fluorescent color technology for the personal care and cosmetics industries. The Elara Luxe product range, which includes seven new plant-based fluorescent pigments, was created with the notion that clean beauty should never have to sacrifice brilliance. It empowers formulators and transforms the conventional way of thinking about color in the sector. For the very first time, clean beauty products can have the robust and rich palette that clients demand. Elara Luxe pigments provide new opportunities for creating vibrant colors with unprecedented color breadth and intensity. Customers are driving demand for environmentally friendly products that are free of toxic substances. The new product range has no microplastics, which benefits both consumers and the environment. Elara Luxe exemplifies clean beauty standards and establishes a new class of cosmetic colorants derived from all-natural rice protein, a potent union of nature and technology. All pigments are plant-based, naturally biodegradable, vegan, kosher, non-GMO, and halal-approved. Elara Luxe colorants are compatible with oil-based, solvent-based, and water-based formulations. This makes them suitable for a wide variety of applications when utilized in compliance with the usage and restrictions specified in 21 CFR Part 82 Subparts B and 21 CFR Part 74 Subpart C, C, and D. These include cosmetics, temporary hair color, lotions and soaps, lip gloss and lipsticks, face paint, and nail polish or nail lacquer. Will Wooten, VP of Global Sales and Marketing at DayGlo, said, "The Elara Luxe range is a key element of DayGlo's growth strategy." He added, "As America's leading fluorescent pigment manufacturer, we are ecstatic about our latest innovation. Here is a product with the power to revolutionize the palette available to formulators." (Source – Business Wire) About DayGlo DayGlo, founded in 1946, is the world's leading manufacturer of daylight fluorescent pigments, and it creates technology to improve and enhance colors. Headquartered in Cleveland, Ohio, the company manufactures pigments, inks, toners, coatings, and fluorescent dispersions for a range of applications, including food and beverage, plastics, safety equipment, and consumer goods. Moreover, DayGlo markets the Radiant, Swada, and Sterling fluorescent colorant brands in Europe and other regions.

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