Closing the loop: Real-time measurement of oil in water for process facilities

BRIAN CRUM | May 10, 2021 | 150 views

When an oilfield’s reservoir pressure is depleted during primary recovery, additional oil can be recovered by recycling the produced water and injecting it back into the reservoir. Water management is critical for such water and water-alternating-gas (WAG) floods. In its Permian basin operations, Occidental recovers, recycles, and re-injects large volumes of water for its enhanced oil recovery (EOR) operations. With real-time monitoring of oil in water (OiW) delivering reliable and continuous data, Occidental identified a way to optimize the recovery process and is working with NOV to expand the use of OiW monitoring equipment.

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Innospec Performance Chemicals

Consisting of five business groups—Personal Care, Home Care I&I, Agrochemicals, Metal Extractions and Construction—Innospec’s Performance Chemicals provides effective technology-based solutions for these markets.

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CHEMICAL TECHNOLOGY

Transporting biological and chemical materials - what you need to know

Article | August 8, 2022

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 | August 2, 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

Innospec Performance Chemicals

Consisting of five business groups—Personal Care, Home Care I&I, Agrochemicals, Metal Extractions and Construction—Innospec’s Performance Chemicals provides effective technology-based solutions for these markets.

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CHEMICAL TECHNOLOGY, CHEMICAL MANAGEMENT

Matador Resources Company to Acquire Advance Energy Partners Holdings, LLC

Matador Resources | January 25, 2023

On January 24, 2023, Matador Resources Company announced that a fully-owned subsidiary of Matador had signed a definitive agreement for the acquisition of Advance Energy Partners Holdings, LLC, which includes oil and natural gas producing properties and undeveloped land in New Mexico, Lea County, and Ward County, Texas. The consideration for the Advance Transaction will include an initial cash payment of $1.6 billion, depending on customary closing adjustments, as well as additional cash consideration of $7.5 million for every month in 2023, during which the average oil price exceeds $85 per barrel, as stated in the securities purchase agreement. Advance is an EnCap Investments L.P. portfolio company. The Advance Transaction has an effective date of January 1, 2023, and is anticipated to close in the Q2 of 2023, based on customary closing conditions. On January 24, 2023, at 10:00 am Central Time, Matador's management held a live conference call to review the Advance Transaction. Matador estimates the entire proved oil and natural gas reserves linked with these properties to be approximately 106,4 million BOE (73 percent oil) as of December 31, 2022. PV-102 of the proved natural gas and oil reserves of these properties as of December 31, 2022, was roughly $2.86 billion based on the same unweighted arithmetic average first-day-of-the-month prices for the prior year that was used to value the Company's reserves as of December 31, 2022, valued at $6.36 per MMBtu of natural gas and $90.15 per barrel of oil. Matador anticipates that the continued development of these properties will increase future proven reserves and reserves value. Sewell & Associates, Inc., independent reservoir engineers from the Netherlands, conducted an audit of the reserve estimates prepared by Matador's engineering staff. AboutMatador Resources Company Matador Resources Company is a publicly traded, independent energy company headquartered in Dallas that focuses on shale plays and other unconventional plays in its development, production, exploration, and acquisition of natural gas and oil resources in the U.S. The company has a dedicated team of technical and administrative professionals, as well as a culture of high performance and fiscal discipline. It was founded as a privately held company in July 2003, attracting equity capital from several hundred investors, many of whom were shareholders in Matador Petroleum Corporation, its predecessor.

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CHEMICAL TECHNOLOGY, CHEMICAL MANAGEMENT

Carbios and Novozymes Form Long-term Alliance to Lead PET Biorecycling Worldwide

Carbios | January 17, 2023

Carbios, a leading green chemistry firm, and Novozymes, a global leader in biological solutions, have recently announced an exclusive long-term global strategic partnership. This agreement ensures the long-term production and supply of Carbios' patented PET-degrading enzymes on a commercial scale for the first biological PET-recycling plant in the world, which is scheduled to begin production in 2025 in Longlaville, France, as well as Carbios' future licensee customers. Since 2019, Carbios and Novozymes have partnered to produce enzyme-based solutions and address the sustainability challenge of plastic pollution on the environment, both in PET-recycling and PLA-biodegradation. Building on the present joint development agreement (JDA), under the new contract, the deal will see Carbios and Novozymes extend their collaborative efforts to develop, optimize, and produce enzymes that Novozymes will subsequently deliver to all licensees of Carbios' technology. In addition, the new agreement gives both parties exclusive rights in the partnership's field. The strategic partnership assists the large-scale industrial deployment of Carbios' patented PET-recycling technology, beginning with its upcoming industrial reference unit in Longlaville, France, which will be the world's first biological PET-recycling plant. While the Building and operating permits have been filed with the local authorities, and construction will commence later this year. The plant's production is scheduled to begin in 2025, with a processing capacity of 50,000 tonnes of waste per year. About Carbios Established in 2011, Carbios SA is a green chemistry firm focused on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers. The company develops a new generation of entirely biodegradable plastics with a controllable lifespan, as well as a technique that allows for endless biorecycling of plastic waste (PET) and a new biological pathway for the manufacturing of competitive bio-sourced polymers. By using its unique approach of merging enzymes and polymers, it wants to address changing consumer expectations and the problems of a broad ecological shift by tackling a significant challenge of our time: plastic and textile pollution.

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PRODUCTS AND TECHNOLOGIES, RAW MATERIALS

Chemours Launches New Ti-Pure™ Sustainability Grade for Plastics Producers

The Chemours Company | January 27, 2023

The Chemours Company, a chemistry company with market-leading positions in Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials, announced the introduction of Ti-PureTM TS-1510, a highly efficient rutile titanium dioxide (TiO2) pigment designed to improve processing performance in various plastics applications, including polyolefin masterbatch. The increased processing performance of this grade offers up to a 6%* reduction in the net carbon footprint of the advanced pigment manufacturing process through masterbatch production, compared to conventional TiO2 pigments, while simultaneously increasing profits. Ti-PureTM TS-1510 is the most recent pigment launch under the company's Ti-PureTM Sustainability (TS) line, a new product family highlighting Chemours' dedication to furthering societal, consumer, and business segment sustainability goals. Ti-PureTM TS-1510 was created to overcome customer difficulties and enhance their production rate and processing capabilities. Chemours developed a revolutionary technology to create this pigment with increased material bulk density in order to address these difficulties while simultaneously increasing profits and masterbatch processability. The higher level of processing efficiency provided by Ti-PureTM TS-1510 will enable Chemours' direct and downstream customers to decrease their individual environmental footprints and enhance the plastics industry's sustainability. Ti-PureTM TS-1510 offers energy and labor efficiencies for masterbatch producers, resulting in a smaller carbon footprint than conventional TiO2 pigment. In addition, Chemours delivers Ti-PureTM TS-1510 in recyclable or reusable packaging to further increase the product's sustainability. Cherie Stancik, Product Development Manager, Plastics Segment – Titanium Technologies at Chemours, said, “At Chemours, our customers’ needs drive our approach to innovation. The introduction of Ti-Pure™ TS-1510 reflects our commitment to developing new products that advance the state of the industries we serve.” (Source – Business Wire) About The Chemours Company Located in Wilmington, Delaware, The Chemours Company is a world leader in Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials, offering its customers solutions for a diverse range of industries through market-defining products, application experience, and chemistry-based innovations. The company provides tailored solutions with a broad selection of industrial and specialty chemicals for applications such as plastics, coatings, refrigeration and air conditioning, semiconductor, transportation, consumer electronics, general industrial, and others. Its main products are marketed under well-known brand names, including NafionTM, OpteonTM, FreonTM, Ti-PureTM, TeflonTM, VitonTM, and KrytoxTM. The company has over 6,400 employees and 29 manufacturing locations, which serve approximately 3,200 clients in approximately 120 countries.

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CHEMICAL TECHNOLOGY, CHEMICAL MANAGEMENT

Matador Resources Company to Acquire Advance Energy Partners Holdings, LLC

Matador Resources | January 25, 2023

On January 24, 2023, Matador Resources Company announced that a fully-owned subsidiary of Matador had signed a definitive agreement for the acquisition of Advance Energy Partners Holdings, LLC, which includes oil and natural gas producing properties and undeveloped land in New Mexico, Lea County, and Ward County, Texas. The consideration for the Advance Transaction will include an initial cash payment of $1.6 billion, depending on customary closing adjustments, as well as additional cash consideration of $7.5 million for every month in 2023, during which the average oil price exceeds $85 per barrel, as stated in the securities purchase agreement. Advance is an EnCap Investments L.P. portfolio company. The Advance Transaction has an effective date of January 1, 2023, and is anticipated to close in the Q2 of 2023, based on customary closing conditions. On January 24, 2023, at 10:00 am Central Time, Matador's management held a live conference call to review the Advance Transaction. Matador estimates the entire proved oil and natural gas reserves linked with these properties to be approximately 106,4 million BOE (73 percent oil) as of December 31, 2022. PV-102 of the proved natural gas and oil reserves of these properties as of December 31, 2022, was roughly $2.86 billion based on the same unweighted arithmetic average first-day-of-the-month prices for the prior year that was used to value the Company's reserves as of December 31, 2022, valued at $6.36 per MMBtu of natural gas and $90.15 per barrel of oil. Matador anticipates that the continued development of these properties will increase future proven reserves and reserves value. Sewell & Associates, Inc., independent reservoir engineers from the Netherlands, conducted an audit of the reserve estimates prepared by Matador's engineering staff. AboutMatador Resources Company Matador Resources Company is a publicly traded, independent energy company headquartered in Dallas that focuses on shale plays and other unconventional plays in its development, production, exploration, and acquisition of natural gas and oil resources in the U.S. The company has a dedicated team of technical and administrative professionals, as well as a culture of high performance and fiscal discipline. It was founded as a privately held company in July 2003, attracting equity capital from several hundred investors, many of whom were shareholders in Matador Petroleum Corporation, its predecessor.

Read More

CHEMICAL TECHNOLOGY, CHEMICAL MANAGEMENT

Carbios and Novozymes Form Long-term Alliance to Lead PET Biorecycling Worldwide

Carbios | January 17, 2023

Carbios, a leading green chemistry firm, and Novozymes, a global leader in biological solutions, have recently announced an exclusive long-term global strategic partnership. This agreement ensures the long-term production and supply of Carbios' patented PET-degrading enzymes on a commercial scale for the first biological PET-recycling plant in the world, which is scheduled to begin production in 2025 in Longlaville, France, as well as Carbios' future licensee customers. Since 2019, Carbios and Novozymes have partnered to produce enzyme-based solutions and address the sustainability challenge of plastic pollution on the environment, both in PET-recycling and PLA-biodegradation. Building on the present joint development agreement (JDA), under the new contract, the deal will see Carbios and Novozymes extend their collaborative efforts to develop, optimize, and produce enzymes that Novozymes will subsequently deliver to all licensees of Carbios' technology. In addition, the new agreement gives both parties exclusive rights in the partnership's field. The strategic partnership assists the large-scale industrial deployment of Carbios' patented PET-recycling technology, beginning with its upcoming industrial reference unit in Longlaville, France, which will be the world's first biological PET-recycling plant. While the Building and operating permits have been filed with the local authorities, and construction will commence later this year. The plant's production is scheduled to begin in 2025, with a processing capacity of 50,000 tonnes of waste per year. About Carbios Established in 2011, Carbios SA is a green chemistry firm focused on discovering and developing enzymatic bioprocesses applied to plastic and textile polymers. The company develops a new generation of entirely biodegradable plastics with a controllable lifespan, as well as a technique that allows for endless biorecycling of plastic waste (PET) and a new biological pathway for the manufacturing of competitive bio-sourced polymers. By using its unique approach of merging enzymes and polymers, it wants to address changing consumer expectations and the problems of a broad ecological shift by tackling a significant challenge of our time: plastic and textile pollution.

Read More

PRODUCTS AND TECHNOLOGIES, RAW MATERIALS

Chemours Launches New Ti-Pure™ Sustainability Grade for Plastics Producers

The Chemours Company | January 27, 2023

The Chemours Company, a chemistry company with market-leading positions in Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials, announced the introduction of Ti-PureTM TS-1510, a highly efficient rutile titanium dioxide (TiO2) pigment designed to improve processing performance in various plastics applications, including polyolefin masterbatch. The increased processing performance of this grade offers up to a 6%* reduction in the net carbon footprint of the advanced pigment manufacturing process through masterbatch production, compared to conventional TiO2 pigments, while simultaneously increasing profits. Ti-PureTM TS-1510 is the most recent pigment launch under the company's Ti-PureTM Sustainability (TS) line, a new product family highlighting Chemours' dedication to furthering societal, consumer, and business segment sustainability goals. Ti-PureTM TS-1510 was created to overcome customer difficulties and enhance their production rate and processing capabilities. Chemours developed a revolutionary technology to create this pigment with increased material bulk density in order to address these difficulties while simultaneously increasing profits and masterbatch processability. The higher level of processing efficiency provided by Ti-PureTM TS-1510 will enable Chemours' direct and downstream customers to decrease their individual environmental footprints and enhance the plastics industry's sustainability. Ti-PureTM TS-1510 offers energy and labor efficiencies for masterbatch producers, resulting in a smaller carbon footprint than conventional TiO2 pigment. In addition, Chemours delivers Ti-PureTM TS-1510 in recyclable or reusable packaging to further increase the product's sustainability. Cherie Stancik, Product Development Manager, Plastics Segment – Titanium Technologies at Chemours, said, “At Chemours, our customers’ needs drive our approach to innovation. The introduction of Ti-Pure™ TS-1510 reflects our commitment to developing new products that advance the state of the industries we serve.” (Source – Business Wire) About The Chemours Company Located in Wilmington, Delaware, The Chemours Company is a world leader in Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials, offering its customers solutions for a diverse range of industries through market-defining products, application experience, and chemistry-based innovations. The company provides tailored solutions with a broad selection of industrial and specialty chemicals for applications such as plastics, coatings, refrigeration and air conditioning, semiconductor, transportation, consumer electronics, general industrial, and others. Its main products are marketed under well-known brand names, including NafionTM, OpteonTM, FreonTM, Ti-PureTM, TeflonTM, VitonTM, and KrytoxTM. The company has over 6,400 employees and 29 manufacturing locations, which serve approximately 3,200 clients in approximately 120 countries.

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