Ensuring a Winning Strategy for Value Chain Optimization of the Refining and Petrochemical Industries

March 24, 2020 | 83 views

The Refining and petrochemical industries have a projection to keep growing in the next two decades and companies that are investing in new technology today will be ahead of your competition in about 2 years. The digitalization of the value chain, also known as value chain optimization, is a complex task. Part of this complexity comes from the diversity of challenges that occurs in different areas of the value chain within each operation, as we addressed in the article Understanding the Refining and Petrochemical Value Chains to Drive Optimization. Many companies still fail to obtain economic return from their investment in digitalization and we presented the most common challenges in the article Challenges of Achieving Value Chain Optimization in the Refining and Petrochemical Industries. With so many challenges, how can businesses ensure they have a strategic digital transformation program that will successfully result in the optimization of your value chain?

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Rosetti Marino Group of Companies

Rosetti Marino is an integrated Group of Companies providing engineering and construction services to various industrial sectors including Energy, Petrochemical, Chemical, Power and Shipbuilding.

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CHEMICAL TECHNOLOGY

Organic Catalyst Boasts Big Benefits

Article | June 11, 2021

An enzyme-mimicking catalyst opens a new route to important organic molecules such as glycolic acid and amino acids from pyruvate, report researchers in Japan. Moreover, the new catalyst is cheaper, more stable, safer and more environmentally friendly than conventional metal catalysts used in industry, they note, adding that it also displays the high enantioselectivity required by the pharmaceutical industry. “On top of these advantages, our newly developed organic catalyst system also promotes reactions using pyruvate that aren’t easily achievable using metal catalysts,” says Santanu Mondal, a PhD candidate in the chemistry and chemical bioengineering unit at Okinawa Institute of Science and Technology (OIST) Graduate University, Okinawa, Japan, and lead author of a study recently published in Organic Letters. “Organic catalysts, in particular, are set to revolutionize the industry and make chemistry more sustainable,” he stresses. The researchers use an acid and an amine mixture to force the pyruvate to act as an electron donor rather than its usual role as an electron receiver (Figure 1). Effectively mimicking how enzymes work, the amine binds to the pyruvate to make an intermediate molecule. The organic acid then covers up part of the intermediate molecule while leaving another part that can donate electrons free to react to form a new product. Currently, the organic catalyst system only works when reacting pyruvate with a specific class of organic molecule called cyclic imines. So, the researchers now are looking to develop a more-universal catalyst, i.e., one that can speed up reactions between pyruvate and a broad range of organic molecules. The challenge here is to try to make the electron-donating intermediate stage of pyruvate react with other functional groups such as aldehydes and ketones. However, different catalysts create different intermediates, all with different properties. For example, the enamine intermediate created by the researchers’ new reaction only reacts with cyclic imines. Their hypothesis, currently being investigated, is that creation of other intermediates such as an enolate, if possible, would achieve a broader pyruvate reactivity. In terms of cost, the researchers note that a palladium catalyst used in similar reactions is 25 times more expensive than their organic acid — which also is made from eco-friendly quinine. In addition, they believe scale-up of the process for industrial use definitely is possible. However, the researchers caution that the current amine-to-acid-catalyst loading ratio of 1:2 probably would need to be optimized for better results at a larger scale.

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CHEMICAL TECHNOLOGY

Transporting biological and chemical materials - what you need to know

Article | June 6, 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 MANAGEMENT

Setting record straight on testing harm in chemicals

Article | June 15, 2021

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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Why chemical characterization is the best way to assess patient risk

Article | February 11, 2020

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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Rosetti Marino Group of Companies

Rosetti Marino is an integrated Group of Companies providing engineering and construction services to various industrial sectors including Energy, Petrochemical, Chemical, Power and Shipbuilding.

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RISK AND COMPLIANCE

Umicore and Idemitsu to jointly develop high-performance solid-state battery materials

Umicore | June 23, 2022

Umicore and Idemitsu Kosan Co., Ltd have agreed to jointly develop high-performance catholyte materials for solid-state batteries, combining their respective expertise in cathode active materials and solid electrolytes, and aiming to provide the technological breakthrough to extend the driving range and thereby propel e-mobility. Umicore brings its world-leading expertise in a variety of cathode active materials for lithium-ion batteries, while Idemitsu Kosan brings its know-how in solid electrolytes as a key material for all-solid-state lithium-ion batteries. Umicore has been working on solid-state CAM chemistries since 2017 and holds multiple key patents in this technology field. Idemitsu Kosan has an established method for manufacturing high-purity lithium sulfide, which it developed in its petrochemical business, and holds many patents for sulfide solid electrolytes that use lithium sulfide as their raw material. “Umicore laid its foundations in battery materials almost 30 years ago and thanks to our own research and strong global open innovation footprint, we are at the forefront of various lithium-ion battery technologies that help decarbonize transport. Our partnership with Idemitsu enhances our innovation and technology leadership to support our customers in their clean mobility transformation through solid-state battery power,” Mathias Miedreich, CEO of Umicore “Based on more than 20 years of experience, Idemitsu has developed the technology of sulfide solid electrolytes and holds many patents related to sulfide solid electrolytes. Solid electrolytes will contribute as a key material for the “electrified society”, through ASSB. The joint development between Umicore and Idemitsu will play an important role in the acceleration of activities in this field,” said Hajime Nakamoto, Managing Executive officer of Idemitsu. Catholytes combine cathode active materials and solid electrolytes. The more intimate contact between these two components would enable the solid-state battery to achieve better performance. Solid-state batteries are the next-generation batteries with performance improvements on several fronts. In cars, for example, their higher energy density will increase the driving range and allow for faster charging. The replacement of today’s liquid electrolyte with a solid one will enhance the safety and lifespan of batteries, reduce their size, weight and ultimately, cost. Umicore profile Umicore is the circular materials technology company. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organised in three business groups: Catalysis, Energy & Surface Technologies and Recycling. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life. Umicore generates the majority of its revenues and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore’s overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: materials for a better life. Umicore’s industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base. The Group generated revenues and employed 11,050 people in 2021. Idemitsu profile Idemitsu is one of Japan’s leading producers and suppliers of energy and materials. Our global operations, spanning 67 business bases across 20 countries and regions outside of Japan, encompass Petroleum, Basic Chemicals, Functional Materials, Power & Renewable Energy, and Resources.

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CHEMICAL MANAGEMENT

ExxonMobil Methanol to Jet Technology to Provide New Route for Sustainable Aviation Fuel Production

ExxonMobil | June 21, 2022

ExxonMobil today announced a unique process technology to enable the manufacture of sustainable aviation fuel (SAF) from renewable methanol. ExxonMobil is focused on growing its lower-emission fuels business by leveraging technology and infrastructure. ExxonMobil is engineering proprietary methanol to jet technology that will produce SAF when renewable methanol is used as feedstock. This expands upon ExxonMobil’s suite of technology solutions that are engineered to manufacture SAF from other biofeeds. “SAF produced from renewable methanol can play an important role in helping the aviation industry achieve the transition to a net-zero future. Reaching that goal by 2050 will require a multi-faceted approach, including advancements in aircraft-related technology, changes to infrastructure and operations, and a dramatic increase in SAF supply. Our process technology can be an important step in this direction,” Russ Green, ExxonMobil’s lower-emission fuels venture executive Proprietary Methanol to Jet Technology ExxonMobil has a long history of developing advantaged proprietary process technologies and catalysts to make energy products that society needs. ExxonMobil is leveraging its core capabilities to develop a solution that converts methanol to SAF. Methanol derived from the gasification of biomass and waste, as well as from lower-carbon hydrogen and captured carbon dioxide (CO₂), can be converted into SAF using ExxonMobil’s methanol to jet proprietary process technology and catalysts. Preliminary estimates by ExxonMobil suggest that this solution has a higher yield of jet fuel than other options. The ExxonMobil solution also provides the flexibility to use a mix of alcohols as feedstock and produce renewable diesel and lower-carbon chemical feedstocks. “Methanol to jet technology is scalable and suitable for the conversion of methanol produced from today's world-scale plants. The work necessary to qualify the resulting renewable jet fuel pathway has already started,” said James Ritchie, president of ExxonMobil Catalysts and Licensing LLC. Technology to Convert Other Biofeeds to SAF Additionally, ExxonMobil has process technology and catalysts that are available to customers today which convert other renewable biofeeds, such as used cooking oils, animal fats, and vegetable oil, into renewable jet fuel. Our analysis shows that our BIDW™ isomerization catalyst provides a jet fuel yield advantage versus alternatives currently available. Decarbonization and Hydrogen Solutions ExxonMobil is evaluating opportunities to deploy these process technology solutions within a portfolio of options to help the aviation industry to decarbonize. “ExxonMobil is advancing integrated solutions to extend our Carbon Capture & Storage (CCS) and Hydrogen capabilities to support the decarbonization objectives of our biofuels customers and partners,” said Siva Ariyapadi, bioenergy global business manager. About ExxonMobil ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.

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CHEMICAL MANAGEMENT

ENERGY SERVICES OF AMERICA COMPLETES ACQUISITION

Energy Services of America Corporation | May 09, 2022

Energy Services of America Corporation has completed the previously announced purchase of Tri-State Paving & Sealcoating, LLC a West Virginia corporation located in Hurricane, West Virginia. As previously noted, Energy Services paid $7.5 million in cash, acquired a $1.0 million Promissory Note, and issued $1.0 million in Energy Services Common Stock to acquire Tri-State Paving. "This is the special type of business combination where everyone involved wins. Our customers, and especially our employees, will all benefit from the additional resources provided by our becoming part of the Energy Services family of companies. Over the last eighteen years TSP built our reputation around safety, quality, and customer service. We are a natural fit with Energy Services, and I am excited to see what the future holds for this new alliance." David Corns will continue his role as President of Energy Services' new subsidiary Douglas Reynolds, President, commented on the announcement. "We are very excited to announce the completion of this acquisition. Tri-State Paving is a great company and will be an important factor in growing our water distribution services, which is a key strategic initiative for Energy Services." Reynolds continued "We are also very pleased that David Corns had agreed to stay on with us. David has a tremendous amount of knowledge and experience in the industry, and we look forward to working with him." About Energy Services Energy Services of America Corporation headquartered in Huntington, WV, is a contractor and service company that operates primarily in the mid-Atlantic and Central regions of the United States and provides services to customers in the natural gas, petroleum, water distribution, automotive, chemical, and power industries. Energy Services employs 700+ employees on a regular basis. The Company's core values are safety, quality, and production. Certain statements contained in the release including, without limitation, the words "believes," "anticipates," "intends," "expects" or words of similar import, constitute "forward-looking statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements of the Company expressed or implied by such forward-looking statements. Such factors include, among others, general economic and business conditions, changes in business strategy or development plans, the effect of the COVID-19 pandemic, the integration of acquired business and other factors referenced in this release. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

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RISK AND COMPLIANCE

Umicore and Idemitsu to jointly develop high-performance solid-state battery materials

Umicore | June 23, 2022

Umicore and Idemitsu Kosan Co., Ltd have agreed to jointly develop high-performance catholyte materials for solid-state batteries, combining their respective expertise in cathode active materials and solid electrolytes, and aiming to provide the technological breakthrough to extend the driving range and thereby propel e-mobility. Umicore brings its world-leading expertise in a variety of cathode active materials for lithium-ion batteries, while Idemitsu Kosan brings its know-how in solid electrolytes as a key material for all-solid-state lithium-ion batteries. Umicore has been working on solid-state CAM chemistries since 2017 and holds multiple key patents in this technology field. Idemitsu Kosan has an established method for manufacturing high-purity lithium sulfide, which it developed in its petrochemical business, and holds many patents for sulfide solid electrolytes that use lithium sulfide as their raw material. “Umicore laid its foundations in battery materials almost 30 years ago and thanks to our own research and strong global open innovation footprint, we are at the forefront of various lithium-ion battery technologies that help decarbonize transport. Our partnership with Idemitsu enhances our innovation and technology leadership to support our customers in their clean mobility transformation through solid-state battery power,” Mathias Miedreich, CEO of Umicore “Based on more than 20 years of experience, Idemitsu has developed the technology of sulfide solid electrolytes and holds many patents related to sulfide solid electrolytes. Solid electrolytes will contribute as a key material for the “electrified society”, through ASSB. The joint development between Umicore and Idemitsu will play an important role in the acceleration of activities in this field,” said Hajime Nakamoto, Managing Executive officer of Idemitsu. Catholytes combine cathode active materials and solid electrolytes. The more intimate contact between these two components would enable the solid-state battery to achieve better performance. Solid-state batteries are the next-generation batteries with performance improvements on several fronts. In cars, for example, their higher energy density will increase the driving range and allow for faster charging. The replacement of today’s liquid electrolyte with a solid one will enhance the safety and lifespan of batteries, reduce their size, weight and ultimately, cost. Umicore profile Umicore is the circular materials technology company. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organised in three business groups: Catalysis, Energy & Surface Technologies and Recycling. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life. Umicore generates the majority of its revenues and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore’s overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: materials for a better life. Umicore’s industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base. The Group generated revenues and employed 11,050 people in 2021. Idemitsu profile Idemitsu is one of Japan’s leading producers and suppliers of energy and materials. Our global operations, spanning 67 business bases across 20 countries and regions outside of Japan, encompass Petroleum, Basic Chemicals, Functional Materials, Power & Renewable Energy, and Resources.

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CHEMICAL MANAGEMENT

ExxonMobil Methanol to Jet Technology to Provide New Route for Sustainable Aviation Fuel Production

ExxonMobil | June 21, 2022

ExxonMobil today announced a unique process technology to enable the manufacture of sustainable aviation fuel (SAF) from renewable methanol. ExxonMobil is focused on growing its lower-emission fuels business by leveraging technology and infrastructure. ExxonMobil is engineering proprietary methanol to jet technology that will produce SAF when renewable methanol is used as feedstock. This expands upon ExxonMobil’s suite of technology solutions that are engineered to manufacture SAF from other biofeeds. “SAF produced from renewable methanol can play an important role in helping the aviation industry achieve the transition to a net-zero future. Reaching that goal by 2050 will require a multi-faceted approach, including advancements in aircraft-related technology, changes to infrastructure and operations, and a dramatic increase in SAF supply. Our process technology can be an important step in this direction,” Russ Green, ExxonMobil’s lower-emission fuels venture executive Proprietary Methanol to Jet Technology ExxonMobil has a long history of developing advantaged proprietary process technologies and catalysts to make energy products that society needs. ExxonMobil is leveraging its core capabilities to develop a solution that converts methanol to SAF. Methanol derived from the gasification of biomass and waste, as well as from lower-carbon hydrogen and captured carbon dioxide (CO₂), can be converted into SAF using ExxonMobil’s methanol to jet proprietary process technology and catalysts. Preliminary estimates by ExxonMobil suggest that this solution has a higher yield of jet fuel than other options. The ExxonMobil solution also provides the flexibility to use a mix of alcohols as feedstock and produce renewable diesel and lower-carbon chemical feedstocks. “Methanol to jet technology is scalable and suitable for the conversion of methanol produced from today's world-scale plants. The work necessary to qualify the resulting renewable jet fuel pathway has already started,” said James Ritchie, president of ExxonMobil Catalysts and Licensing LLC. Technology to Convert Other Biofeeds to SAF Additionally, ExxonMobil has process technology and catalysts that are available to customers today which convert other renewable biofeeds, such as used cooking oils, animal fats, and vegetable oil, into renewable jet fuel. Our analysis shows that our BIDW™ isomerization catalyst provides a jet fuel yield advantage versus alternatives currently available. Decarbonization and Hydrogen Solutions ExxonMobil is evaluating opportunities to deploy these process technology solutions within a portfolio of options to help the aviation industry to decarbonize. “ExxonMobil is advancing integrated solutions to extend our Carbon Capture & Storage (CCS) and Hydrogen capabilities to support the decarbonization objectives of our biofuels customers and partners,” said Siva Ariyapadi, bioenergy global business manager. About ExxonMobil ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.

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CHEMICAL MANAGEMENT

ENERGY SERVICES OF AMERICA COMPLETES ACQUISITION

Energy Services of America Corporation | May 09, 2022

Energy Services of America Corporation has completed the previously announced purchase of Tri-State Paving & Sealcoating, LLC a West Virginia corporation located in Hurricane, West Virginia. As previously noted, Energy Services paid $7.5 million in cash, acquired a $1.0 million Promissory Note, and issued $1.0 million in Energy Services Common Stock to acquire Tri-State Paving. "This is the special type of business combination where everyone involved wins. Our customers, and especially our employees, will all benefit from the additional resources provided by our becoming part of the Energy Services family of companies. Over the last eighteen years TSP built our reputation around safety, quality, and customer service. We are a natural fit with Energy Services, and I am excited to see what the future holds for this new alliance." David Corns will continue his role as President of Energy Services' new subsidiary Douglas Reynolds, President, commented on the announcement. "We are very excited to announce the completion of this acquisition. Tri-State Paving is a great company and will be an important factor in growing our water distribution services, which is a key strategic initiative for Energy Services." Reynolds continued "We are also very pleased that David Corns had agreed to stay on with us. David has a tremendous amount of knowledge and experience in the industry, and we look forward to working with him." About Energy Services Energy Services of America Corporation headquartered in Huntington, WV, is a contractor and service company that operates primarily in the mid-Atlantic and Central regions of the United States and provides services to customers in the natural gas, petroleum, water distribution, automotive, chemical, and power industries. Energy Services employs 700+ employees on a regular basis. The Company's core values are safety, quality, and production. Certain statements contained in the release including, without limitation, the words "believes," "anticipates," "intends," "expects" or words of similar import, constitute "forward-looking statements" within the meaning of section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements of the Company expressed or implied by such forward-looking statements. Such factors include, among others, general economic and business conditions, changes in business strategy or development plans, the effect of the COVID-19 pandemic, the integration of acquired business and other factors referenced in this release. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any such factors or to publicly announce the results of any revisions to any of the forward-looking statements contained herein to reflect future events or developments.

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