Continuous (Digital) Improvement for Chemicals Companies

| April 23, 2019

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Industry consultant ARC Advisory Group consistently ranks AspenTech ahead of other providers in engineering and process control solutions for the chemical industry. Earning steady praise doesn’t mean we rest on our success. As the market becomes ever more competitive, we continually seek out new ways to help our customers boost capability across the business, enabling improved connectivity and integration throughout the organization.

Spotlight

GPA Engineering

In operation since 1987 and with offices in Adelaide, Brisbane, Perth, Melbourne and Darwin, GPA provides professional engineering services to; • Oil & Gas – Field Development, Pipeline, Processing & Distribution • Mining / Minerals Processing • Water and Waste Water Treatment, Handling and Distribution • Power Generation, Distribution and Renewable

OTHER ARTICLES

CHEMICAL SPILL PREVENTION

Article | February 28, 2020

When it comes to your workplace, nothing should be prioritized over the safety of your employees. As your greatest asset to your business, they should feel safe in their work environment. Maintaining a safe work environment is a particularly important consideration for companies who work with or store hazardous materials. And it is not only critical for the appeasement of the Occupational Health and Safety Administration (OSHA) and the Environmental Protection Agency (EPA) requirements but the well-being and safety of your employees. That’s why, in this article, we will discuss chemical spill prevention in your workplace facility.

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The Trump EPA’s “Working Approach” to new chemical reviews is only working for the chemical industry

Article | February 28, 2020

The Trump EPA has worked very hard to render this long-awaited update of its approach to reviewing new chemicals under TSCA an empty exercise. Despite Administrator Wheeler’s promises in January 2019 to the contrary: EPA has still failed to provide any legal or scientific justification for its Working Approach. EPA provided no actual response to the many detailed comments it received on its 2017 framework, instead issuing a 1.5-page document that dismisses many of the comments merely as having “stemmed from a misunderstanding of the Agency’s intent.”

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CHEMICAL MANAGEMENT

The multi-million dollar polymers opportunity: continued big regional price differentials

Article | February 28, 2020

POLYMER BUYERS outside northeast (NEA) and southeast Asia (SEA) have a big opportunity to save millions of dollars on procurement costs during the rest of this year through purchasing more from the two regions.The opportunity has arisen because I believe that NEA and SEA polymer prices will remain very cheap relative to most of the world until at least the end of 2021. NEA comprises China, Japan, Taiwan and South Korea. Our definition of the SEA region is Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.NEA and SEA producers can also make a lot of money by constantly monitoring and acting on strong arbitrage opportunities in other regions. As supply disruptions in the US look likely to continue, Europe and South & Central America seem particularly good opportunities for both buyers and producers.Before we discuss why I see NEA and SEA remaining cheap relative to most of the rest of the world until at least the end of the year, let us consider in more detail the size of the prize, starting with the resin buyers.

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What the Coronavirus could mean for the global petrochemical industry?

Article | February 28, 2020

Coronavirus (covid-19) has developed rapidly and is already impacting significant parts of the global economy. Within this context the petrochemical industry is also being severely affected through short-term market uncertainties, pricing volatility and declining consumption in many of its key segments. The most visible outcome is emanating from China where economic activity has declined sharply in February and is forecast to remain low over the next few months. The effect of China’s economic slowdown is now resulting in consequences in other regions – “when china sneezes, the whole world catches a cold”.

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Spotlight

GPA Engineering

In operation since 1987 and with offices in Adelaide, Brisbane, Perth, Melbourne and Darwin, GPA provides professional engineering services to; • Oil & Gas – Field Development, Pipeline, Processing & Distribution • Mining / Minerals Processing • Water and Waste Water Treatment, Handling and Distribution • Power Generation, Distribution and Renewable

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