CHEMICAL MANAGEMENT, PRODUCTS AND TECHNOLOGIES
Origin Materials | January 30, 2023
Origin Materials, Inc., the leading global carbon-negative materials firm with a mission to accelerate the global transition to sustainable materials, announced the mechanical completion of Origin 1, the firm's first commercial manufacturing plant, following the previously disclosed schedule.
Critical mechanical systems were successfully installed, and commissioning has commenced as part of mechanical completion. Work will continue on-site, including electrical work, the addition of new equipment, and the refinement of technology.
Following this significant accomplishment, work will continue at the facility, with plant commissioning to support the startup scheduled to be completed by the end of the first quarter of 2023 and the startup commencing soon after. Origin 1 is anticipated to address the increasing customer demand for the company's renewable materials and enable clients to qualify products and applications beyond PET. On its next earnings call, the company aims to release forecasts for sales, EBITDA, and other financial measures for 2023.
About Origin Materials
Origin Materials, headquartered in West Sacramento, is one of the world's foremost carbon-negative materials firms. The mission of Origin is to facilitate the global transition to sustainable resources. The firm has spent more than a decade developing a platform for converting the carbon present in affordable, abundant, non-food biomass such as sustainable wood wastes into valuable commodities while simultaneously absorbing carbon. Its unique technology platform has the potential to change the manufacture of a vast array of end goods, including clothes, textiles, plastics, packaging, auto components, carpets, and toys, with an addressable market of about $1 trillion. Additionally, the company's technological platform is anticipated to deliver consistent pricing substantially decoupled from the petroleum supply chain, which is more volatile than supply networks based on sustainable wood wastes. The patent-protected drop-in core technology, economics, and carbon effect of Origin are backed by an expanding number of worldwide investors and customers.
CHEMICAL TECHNOLOGY, SCIENCE AND RESEARCH
Albemarle | February 01, 2023
Albemarle Corporation, a global leader in the specialty chemicals industry, recently announced the official brand launch of its wholly-owned subsidiary Ketjen. Ketjen develops advanced catalyst solutions for specialty chemicals, refining, and petrochemical industries.
After declaring plans to manage the business as a subsidiary, the corporation revealed the new name of its catalysts division in November 2022. As an individual brand, Ketjen will continue to help customers on their individual energy transition journeys, ranging from fluidized catalytic cracking to hydro-processing to clean fuels to organometallics and curatives.
Raphael Crawford, President at Ketjen, said, "As the industry responds to global market dynamics, our customers need innovative solutions to help them navigate their changing landscapes." He also added, "Ketjen will continue to provide its portfolio of advanced catalyst and specialty chemicals solutions, which are unique to each customer's needs, to increase production performance and business value."
(Source – Cision PR Newswire)
Ketjen is a multi-divisional company headquartered in Houston, Texas, that provides Fluidized Catalytic Cracking (FCC), Clean Fuels and Performance Catalyst & Curative and Hydroprocessing Catalysts (HPC) Solutions to customers in the petrochemical, refining, and specialty chemical industries (PCS). Operations at Ketjen will be managed by Albemarle's existing advanced catalyst solutions division.
Kent Masters, CEO at Albemarle, "The launch of Ketjen continues our legacy as a partner-of-choice for industry leaders." He further mentioned, "Establishing Ketjen under this separate structure will allow the business even greater focus and continued development of custom, high-impact catalyst products."
(Source – Cision PR Newswire)
The team of experienced professionals at Ketjen takes a versatile, hands-on approach to customer operations, advising and leading on crucial tasks. Ketjen will be the market leader in advanced catalyst solutions thanks to its extensive involvement in the sector and its continuing long-term partnerships with big enterprises.
Albemarle Corporation is a worldwide specialty chemicals corporation that thinks outside of the box to help companies in many of the world's biggest and most important industries, such as energy, transportation, and electronics, reach their full potential. The company works hard to find a way to manage its diverse geographic reach of world-class resources in a way that is sustainable.
Together with its highly skilled and experienced global teams, deep-rooted values, and close relationships with the customers, Albemarle creates solutions with added value and better performance that make the future safer and more sustainable.
CHEMICAL TECHNOLOGY, SCIENCE AND RESEARCH
Clariter | February 02, 2023
A global cleantech company, Clariter and TotalEnergies’ division, TotalEnergies Fluids, recently announced its world's first sustainable ultra-pure solvent made from plastic waste.
Ultra-pure solvents are utilized in cosmetics, pharmaceuticals, and other markets in high demand that require safe, odorless, colorless, and tasteless products that meet the criteria of the highest pharmacopeia-standard purity. In addition, the solvents made from plastic waste help reduce their environmental footprint and contribute towards the end-of-life plastics challenge.
Clariter and TotalEnergies Fluids worked together for 18 months on joint research and development, which led to this technological and business success. Clariter uses its own innovative upcycling technology to turn plastic waste into high-quality solvents, waxes, and oils that can be used more than once. Using its Hydro-De-Aromatization (HDA) technology, TotalEnergies Fluids further transforms the upcycled materials into high-purity solvents that meet the quality levels required by the most stringent applications.
This revolutionary innovation shows the commitment of the two partners to develop high-quality, low-carbon footprint products and contribute to the circular economy's development.
Dr. Daria Frączak, Clariter's Scientific Director, said, "Developing products of such high quality from plastic waste is a triumph for our joint R&D work." She also said, "Clariter's know-how and experience in plastic upcycling, together with TotalEnergies Fluids' deep knowledge of stringent industry requirements, came together to develop a process to produce sustainable solvents that meet the highest purity standards. We are thrilled to have achieved this significant milestone in our journey towards bringing to industry sustainable, high-quality products made from plastic waste".
Clariter was established in 2003 and is a global cleantech company providing innovative solutions that upcycles plastic waste. Oils, waxes, and solvents are converted from plastic waste using this efficient, patented technology, which can then be used in place of their fossil fuel counterparts. The combination of Clariter's commercial appeal and its eco-friendliness is unbeatable. By creating green jobs and bolstering local communities, the company aids its partners in achieving sustainability goals and decreasing their reliance on crude oil.