Home > Resources > Articles > Flame Retardants Chemical Market Research Report 2016 – Market Reports Center

Flame Retardants Chemical Market Research Report 2016 – Market Reports Center

According to the report, one of the primary drivers in the market is rising demand for plastics. Flame retardant chemicals are added to plastics and polymers for delaying combustion in case of fire. Plastics are widely used in packaging, construction, electricals and electronics, automotive, and many other industries. The global market for plastics is growing significantly and will exceed $650 billion in terms of revenue and 340 million metric tons by volume in 2020. Among all the plastic additives, flame retardant chemicals have the highest growth potential and is expected to grow at a CAGR of 5.5% during 2016-2020.

Spotlight

Servier CDMO

Our company has a long time experience in developping and producing innovative solutions for patients. With a business unit dedicated to Contract Manufacturing services and a global manufacturing network, we can bring this expertise to partners looking for a different kind of relationship. We focus on quality, reliability and efficiency. We have a competitive edge due to being a 60+ years old independant group, which is now governed by a foundation.

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Chemical Technology

The supply-chain inflation threat to petrochemicals demand

Article | July 20, 2022

Petrochemicals themselves remain in short supply. This is partly because of reduced feedstock from refineries, a consequence of the pandemic-related collapse in transportation fuels demand.Global petrochemical supply is still edging back to something like normal following the US winter storms in February, during which most US capacity was shut down. A point of discussion is whether containers will become available in the right places at the right prices to relieve tightness in the European polyethylene (PE) market, once US supply has normalised. The container issue is making it difficult to move PE and polypropylene (PP) cargoes from Asia to Europe.Market intelligence from the US-based ICIS CDI team indicates that enough container freight space will be available to resume significant shipments of US PE to Europe, albeit at high prices. It will be several more weeks before domestic pipelines have been refilled, enabling US producers to refocus on exports, added CDI.

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Chemical Technology

Energy portfolio restructuring: Charting the future

Article | June 6, 2022

Consumer needs and preferences in the energy industry are evolving. Environmental, social and governance (ESG) concerns are becoming more acute—inspiring action and shifting value towards low-carbon solutions. These trends accelerated in 2020 and for the first time, market capitalization of leading low-carbon solutions companies began to overtake those of oil and gas (O&G) majors. This is despite the majors laying out energy transition strategies, setting low carbon energy targets and generating higher revenues by an order of magnitude.1 In response to this radically changing landscape, energy companies are charting divergent courses for their futures. Some continue to bet on their ability to generate returns from the O&G value chain. They are focusing on growing margins and lowering carbon intensity. Others are supplementing their capabilities with low-carbon energy solutions or exiting hydrocarbons altogether. This blog focuses on the path forward for the energy majors in Europe who are betting big on diversification.

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Chemical Technology

How Leading Chemical Companies Protect Customer Data Online

Article | July 14, 2022

Cybersecurity concerns must be considered in order for the chemical sector to succeed with digital commerce; simply listing your products on an online store and crossing your fingers won't cut it. It is crucial to pick a spouse who is aware of these hazards and has a strong defense in place. It is evident that the sector has massive potential for online sales, but selling chemicals online is different from selling common consumer goods online. Who your consumers are and how you gather and maintain data about them raise severe security and privacy problems. Chemical company leaders have every right to be concerned about the privacy of their data, given that one cyber attack occurs every 11 seconds. However, they should still go online because there is too much business risk in not taking advantage of the digital opportunity. Deloitte estimates that the chemical sector alone sold over $27 billion worth of goods online in 2020. More than half (58%) of chemical purchasers reportedly stated that they would transfer providers if their demands, which include demands for a fantastic digital experience, were not delivered. The objective is to limit risk and create a secure digital sales environment rather than dismissing e-commerce due to cybersecurity issues. Setting up the appropriate IT infrastructure: Building for convenience and security is possible thanks to new IT technologies. Emphasis on confirming identification: Always be aware of who you are dealing with, regardless of whether they came through a digital or physical means. Offering simple (and safe) reorder alternatives to clients that have been verified. It's ideal for business owners in the chemical sector who want to test selling online but are concerned about data collecting, security, and privacy for my company and customers.

Read More
Chemical Technology

Future-Proofing the Chemical Industry with Digitalization

Article | July 14, 2022

Over the next five to seven years, the chemical sector will place a greater emphasis on sustainability, and digitization will play a significant part in this. Reducing resource use, pollution, energy consumption, and waste are some of its main applications. Additionally, it will increase demand for a circular economy supported by IoT, AI, and other digital technologies. Some of the systems now in place or being used in the sector include autonomous solutions that enable lower energy usage, dispatching systems for effective logistics and strategies for sustainable power and fuel consumption. Chemical players making the switch to digital platforms have a chance to triumph if they move swiftly and update their operational models in accordance with a few common success characteristics. In fact, according to our study, making the correct decisions can increase total earnings before interest, taxes, depreciation, and amortization by 3 percent or more (EBITDA). The Next Step of Operational Excellence The same level of transformation is available with digital technology for optimal performance, together with success-enabling measures. The same level of corporate participation and realignment will also be necessary for the effective implementation of digital technology. Finance and telecoms were early leaders in adopting digital technology faster than the chemical sector, which has just recently started to move in more significant numbers toward digitalization. A circular economy in the sector is also being enabled by the use and evaluation of digital technology. The "Right to Fix" movement is being driven by governments and legislators in Europe and the US, and small and medium-sized businesses in the industry are expected to invest in technology that makes it easier to repair electronic items with the least amount of waste. On a side note, by enabling the re-use of resources and products throughout the supply chain, digitalization with lean manufacturing (LM) would enable businesses to improve operational excellence and create value, thereby supporting the circular economy goal. Conclusion Given its extensive safety and regulatory requirements, the chemical sector has evolved slowly. However, as the global economy changes, some skills will become obsolete and others essential. The interconnectedness of people, processes, and technology, as well as the requirement for real-time insight at the levels closest to the action, are among the basic principles of Industry 4.0. These values have existed for some time and are an extension of our teams' current operational excellence initiatives. Digital transformation is not a technology endpoint but rather the following stage in the process and business evolution as the chemicals industry advances continuously.

Read More
Chemical Technology

How Leading Chemical Companies Protect Customer Data Online

Article | July 20, 2022

Petrochemicals themselves remain in short supply. This is partly because of reduced feedstock from refineries, a consequence of the pandemic-related collapse in transportation fuels demand.Global petrochemical supply is still edging back to something like normal following the US winter storms in February, during which most US capacity was shut down. A point of discussion is whether containers will become available in the right places at the right prices to relieve tightness in the European polyethylene (PE) market, once US supply has normalised. The container issue is making it difficult to move PE and polypropylene (PP) cargoes from Asia to Europe.Market intelligence from the US-based ICIS CDI team indicates that enough container freight space will be available to resume significant shipments of US PE to Europe, albeit at high prices. It will be several more weeks before domestic pipelines have been refilled, enabling US producers to refocus on exports, added CDI.

Read More
Chemical Technology

Organic Catalyst Boasts Big Benefits

Article | June 6, 2022

Consumer needs and preferences in the energy industry are evolving. Environmental, social and governance (ESG) concerns are becoming more acute—inspiring action and shifting value towards low-carbon solutions. These trends accelerated in 2020 and for the first time, market capitalization of leading low-carbon solutions companies began to overtake those of oil and gas (O&G) majors. This is despite the majors laying out energy transition strategies, setting low carbon energy targets and generating higher revenues by an order of magnitude.1 In response to this radically changing landscape, energy companies are charting divergent courses for their futures. Some continue to bet on their ability to generate returns from the O&G value chain. They are focusing on growing margins and lowering carbon intensity. Others are supplementing their capabilities with low-carbon energy solutions or exiting hydrocarbons altogether. This blog focuses on the path forward for the energy majors in Europe who are betting big on diversification.

Read More
Chemical Technology

Future-Proofing the Chemical Industry with Digitalization

Article | July 14, 2022

Cybersecurity concerns must be considered in order for the chemical sector to succeed with digital commerce; simply listing your products on an online store and crossing your fingers won't cut it. It is crucial to pick a spouse who is aware of these hazards and has a strong defense in place. It is evident that the sector has massive potential for online sales, but selling chemicals online is different from selling common consumer goods online. Who your consumers are and how you gather and maintain data about them raise severe security and privacy problems. Chemical company leaders have every right to be concerned about the privacy of their data, given that one cyber attack occurs every 11 seconds. However, they should still go online because there is too much business risk in not taking advantage of the digital opportunity. Deloitte estimates that the chemical sector alone sold over $27 billion worth of goods online in 2020. More than half (58%) of chemical purchasers reportedly stated that they would transfer providers if their demands, which include demands for a fantastic digital experience, were not delivered. The objective is to limit risk and create a secure digital sales environment rather than dismissing e-commerce due to cybersecurity issues. Setting up the appropriate IT infrastructure: Building for convenience and security is possible thanks to new IT technologies. Emphasis on confirming identification: Always be aware of who you are dealing with, regardless of whether they came through a digital or physical means. Offering simple (and safe) reorder alternatives to clients that have been verified. It's ideal for business owners in the chemical sector who want to test selling online but are concerned about data collecting, security, and privacy for my company and customers.

Read More
Chemical Technology

Future-Proofing the Chemical Industry with Digitalization

Article | July 14, 2022

Over the next five to seven years, the chemical sector will place a greater emphasis on sustainability, and digitization will play a significant part in this. Reducing resource use, pollution, energy consumption, and waste are some of its main applications. Additionally, it will increase demand for a circular economy supported by IoT, AI, and other digital technologies. Some of the systems now in place or being used in the sector include autonomous solutions that enable lower energy usage, dispatching systems for effective logistics and strategies for sustainable power and fuel consumption. Chemical players making the switch to digital platforms have a chance to triumph if they move swiftly and update their operational models in accordance with a few common success characteristics. In fact, according to our study, making the correct decisions can increase total earnings before interest, taxes, depreciation, and amortization by 3 percent or more (EBITDA). The Next Step of Operational Excellence The same level of transformation is available with digital technology for optimal performance, together with success-enabling measures. The same level of corporate participation and realignment will also be necessary for the effective implementation of digital technology. Finance and telecoms were early leaders in adopting digital technology faster than the chemical sector, which has just recently started to move in more significant numbers toward digitalization. A circular economy in the sector is also being enabled by the use and evaluation of digital technology. The "Right to Fix" movement is being driven by governments and legislators in Europe and the US, and small and medium-sized businesses in the industry are expected to invest in technology that makes it easier to repair electronic items with the least amount of waste. On a side note, by enabling the re-use of resources and products throughout the supply chain, digitalization with lean manufacturing (LM) would enable businesses to improve operational excellence and create value, thereby supporting the circular economy goal. Conclusion Given its extensive safety and regulatory requirements, the chemical sector has evolved slowly. However, as the global economy changes, some skills will become obsolete and others essential. The interconnectedness of people, processes, and technology, as well as the requirement for real-time insight at the levels closest to the action, are among the basic principles of Industry 4.0. These values have existed for some time and are an extension of our teams' current operational excellence initiatives. Digital transformation is not a technology endpoint but rather the following stage in the process and business evolution as the chemicals industry advances continuously.

Read More
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Spotlight

Servier CDMO

Our company has a long time experience in developping and producing innovative solutions for patients. With a business unit dedicated to Contract Manufacturing services and a global manufacturing network, we can bring this expertise to partners looking for a different kind of relationship. We focus on quality, reliability and efficiency. We have a competitive edge due to being a 60+ years old independant group, which is now governed by a foundation.

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Chemical Technology, Raw Materials

NOVA Chemicals and Plastic Energy Launch Feasibility Study on Advanced Recycling Plant to Further Canadian Circularity Aspirations

Webwire | July 05, 2023

NOVA Chemicals Corporation (“NOVA Chemicals”) and Plastic Energy have entered into an agreement to explore the feasibility of developing a pyrolysis-driven advanced recycling facility in the Sarnia, Ontario region. If constructed, the facility would be the largest of its kind in Canada with a potential initial capacity of 66kt per annum. “Post-use plastics offer tremendous value to furthering the circular economy, and our teams at NOVA Chemicals work daily to innovate new and collaborative ways to extend the lifecycle of our products and plastic packaging,” said Greg DeKunder, VP, NOVA Circular Solutions. “This agreement with Plastic Energy is a prime example of two companies working together to create timely, effective, and sustainable solutions that will help us make progress towards our 2030 recycled plastics ambitions while diverting hard-to-recycle segments of plastic waste away from landfills.” Plastic Energy is one of the world’s leading advanced recycling technology companies through use of its patented TAC™ process to treat post-consumer plastic waste. Recycled polyethylene manufactured using Plastic Energy-produced feedstock, called TACOIL™, has identical properties to virgin polyethylene and can be used in food contact and high-performance applications, helping manufacturers and packagers achieve their recycled content goals. Plastic Energy has two commercial recycling plants in Spain that have been in operation for seven years, alongside new projects in Europe and Asia. “We are pleased to sign this agreement with NOVA Chemicals to explore the scope for our first advanced recycling project in Canada,” said Carlos Monreal, Founder and CEO of Plastic Energy. “Advanced recycling will continue to be important for the North American market by providing a solution for incorporating recycled content into food-grade packaging. Together with NOVA Chemicals, we aim to reduce the amount of plastic waste ending up in landfills, incineration, or as leakage into the environment, which is important for the circular economy in Canada.” NOVA Chemicals recently announced its aspiration to reach 30 per cent recycled content as a share of its total polyethylene sales by 2030 in its Roadmap to Sustainability Leadership, including its commitment to build a state of the art mechanical recycling business and continue exploring world-leading and proven advanced recycling technologies. If built, this new facility would see NOVA Chemicals build on its already CAD 2 billion investment into Ontario to inject additional new technology, jobs, and long-term viability into the local and Canadian economies. About NOVA Chemicals Corporation NOVA Chemicals aspires to be the leading sustainable polyethylene producer in North America. Our driving purpose is to reshape plastics for a better, more sustainable world by delivering innovative solutions that help make everyday life healthier and safer and acting as a catalyst for a low carbon, zero-plastic-waste future. NOVA Chemicals’ innovative and quality product offerings, value chain collaboration, and unique customer experience is what sets us apart; our customers use our products to create easy-to-recycle and recycled content films, packaging, and products. Our employees work to ensure health, safety, security, and environmental stewardship through our commitment to Sustainability and Responsible Care®. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, has nearly 2,500 employees worldwide and is wholly owned by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates. About Plastic Energy Plastic Energy is a global leader in advanced recycling, offering a sustainable solution to help prevent plastic waste, transforming previously unrecyclable plastic waste into a valuable resource. Our patented and proven advanced recycling technology converts end-of-life plastic waste into an optimal feedstock (TACOIL™) for making virgin-quality recycled plastics. Plastic Energy currently has two chemical recycling plants that are in constant operation in Spain and is one of the few companies worldwide that has sold TACOIL™ from the conversion of end-of-life plastic waste to replace fossil oils in the manufacturing of new plastics. We are leading our field in the transition to a low-carbon circular economy for plastics. Learn more on our website at www.plasticenergy.com.

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Risk and Compliance, Products and Technologies

Quantix Joins Alliance to End Plastic Waste

PRnewswire | May 26, 2023

Quantix, North America's leading supply chain services company to the chemical industry, announced today it has joined the Alliance to End Plastic Waste (the Alliance), a global non-profit organization that brings together government, companies and communities to end plastic waste in the environment. Quantix is the 31st member in North America to join the Alliance, which has over 70 members including founding member companies such as BASF, Chevron Phillips Chemical, ExxonMobil, Dow Chemical, Mitsubishi Chemical Holdings, Procter & Gamble and Shell. "We understand that no viable solution to ending plastic waste can come from any individual company alone, but rather a combination of all of us working together," said Chris Ball, President and Chief Executive Officer of Quantix. "Solving the challenges of reducing plastic waste and redefining how it can be used and repurposed is complex, and we are committed to working with the Alliance and its members to take action toward these goals and more." As a member company, Quantix will participate in projects with other Alliance members to brainstorm and push initiatives forward to create opportunities within the circular economy. Those initiatives will focus on plastic collection, sorting, processing and recycling. Quantix is uniquely positioned to support these efforts with its vast infrastructure of supply chain assets located where plastics are both made and produced. "The Alliance has been a catalyst for more than 50 projects across 30 countries," said Natalie Stirling-Sanders, Chief Advisor, Head of Americas, Alliance to End Plastic Waste. "The solutions that are being supported are often ground-breaking and enabled by strong collaboration amongst all players across the plastic value chain. We are delighted to welcome Quantix to the Alliance, and are pleased we now have a logistics company in North America helping to end plastic waste in the environment." Quantix is committed to being a sustainability leader in the supply chain and logistics industry including helping build the new circular supply chain. The company has several active sustainability initiatives including multi-year environmental goals such as converting 25% of its last mile and drayage fleet to alternative fuel by 2030. To learn more about the company's commitment to sustainability, visit https://quantixscs.com/about/sustainability/. About Quantix Quantix is the leading supply chain services company to the chemical industry. It provides the world's largest chemical providers with end-to-end support through a nationwide network and comprehensive suite of services including transportation, 3PL solutions, distribution centers, export/import and Eco-Recovery. Headquartered in The Woodlands, TX with over 80 locations across the U.S., Quantix is committed to providing the highest level of safety, quality, compliance and integrity across its entire operation. Learn more at www.quantixscs.com.

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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 Technology, Raw Materials

NOVA Chemicals and Plastic Energy Launch Feasibility Study on Advanced Recycling Plant to Further Canadian Circularity Aspirations

Webwire | July 05, 2023

NOVA Chemicals Corporation (“NOVA Chemicals”) and Plastic Energy have entered into an agreement to explore the feasibility of developing a pyrolysis-driven advanced recycling facility in the Sarnia, Ontario region. If constructed, the facility would be the largest of its kind in Canada with a potential initial capacity of 66kt per annum. “Post-use plastics offer tremendous value to furthering the circular economy, and our teams at NOVA Chemicals work daily to innovate new and collaborative ways to extend the lifecycle of our products and plastic packaging,” said Greg DeKunder, VP, NOVA Circular Solutions. “This agreement with Plastic Energy is a prime example of two companies working together to create timely, effective, and sustainable solutions that will help us make progress towards our 2030 recycled plastics ambitions while diverting hard-to-recycle segments of plastic waste away from landfills.” Plastic Energy is one of the world’s leading advanced recycling technology companies through use of its patented TAC™ process to treat post-consumer plastic waste. Recycled polyethylene manufactured using Plastic Energy-produced feedstock, called TACOIL™, has identical properties to virgin polyethylene and can be used in food contact and high-performance applications, helping manufacturers and packagers achieve their recycled content goals. Plastic Energy has two commercial recycling plants in Spain that have been in operation for seven years, alongside new projects in Europe and Asia. “We are pleased to sign this agreement with NOVA Chemicals to explore the scope for our first advanced recycling project in Canada,” said Carlos Monreal, Founder and CEO of Plastic Energy. “Advanced recycling will continue to be important for the North American market by providing a solution for incorporating recycled content into food-grade packaging. Together with NOVA Chemicals, we aim to reduce the amount of plastic waste ending up in landfills, incineration, or as leakage into the environment, which is important for the circular economy in Canada.” NOVA Chemicals recently announced its aspiration to reach 30 per cent recycled content as a share of its total polyethylene sales by 2030 in its Roadmap to Sustainability Leadership, including its commitment to build a state of the art mechanical recycling business and continue exploring world-leading and proven advanced recycling technologies. If built, this new facility would see NOVA Chemicals build on its already CAD 2 billion investment into Ontario to inject additional new technology, jobs, and long-term viability into the local and Canadian economies. About NOVA Chemicals Corporation NOVA Chemicals aspires to be the leading sustainable polyethylene producer in North America. Our driving purpose is to reshape plastics for a better, more sustainable world by delivering innovative solutions that help make everyday life healthier and safer and acting as a catalyst for a low carbon, zero-plastic-waste future. NOVA Chemicals’ innovative and quality product offerings, value chain collaboration, and unique customer experience is what sets us apart; our customers use our products to create easy-to-recycle and recycled content films, packaging, and products. Our employees work to ensure health, safety, security, and environmental stewardship through our commitment to Sustainability and Responsible Care®. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, has nearly 2,500 employees worldwide and is wholly owned by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates. About Plastic Energy Plastic Energy is a global leader in advanced recycling, offering a sustainable solution to help prevent plastic waste, transforming previously unrecyclable plastic waste into a valuable resource. Our patented and proven advanced recycling technology converts end-of-life plastic waste into an optimal feedstock (TACOIL™) for making virgin-quality recycled plastics. Plastic Energy currently has two chemical recycling plants that are in constant operation in Spain and is one of the few companies worldwide that has sold TACOIL™ from the conversion of end-of-life plastic waste to replace fossil oils in the manufacturing of new plastics. We are leading our field in the transition to a low-carbon circular economy for plastics. Learn more on our website at www.plasticenergy.com.

Read More

Risk and Compliance, Products and Technologies

Quantix Joins Alliance to End Plastic Waste

PRnewswire | May 26, 2023

Quantix, North America's leading supply chain services company to the chemical industry, announced today it has joined the Alliance to End Plastic Waste (the Alliance), a global non-profit organization that brings together government, companies and communities to end plastic waste in the environment. Quantix is the 31st member in North America to join the Alliance, which has over 70 members including founding member companies such as BASF, Chevron Phillips Chemical, ExxonMobil, Dow Chemical, Mitsubishi Chemical Holdings, Procter & Gamble and Shell. "We understand that no viable solution to ending plastic waste can come from any individual company alone, but rather a combination of all of us working together," said Chris Ball, President and Chief Executive Officer of Quantix. "Solving the challenges of reducing plastic waste and redefining how it can be used and repurposed is complex, and we are committed to working with the Alliance and its members to take action toward these goals and more." As a member company, Quantix will participate in projects with other Alliance members to brainstorm and push initiatives forward to create opportunities within the circular economy. Those initiatives will focus on plastic collection, sorting, processing and recycling. Quantix is uniquely positioned to support these efforts with its vast infrastructure of supply chain assets located where plastics are both made and produced. "The Alliance has been a catalyst for more than 50 projects across 30 countries," said Natalie Stirling-Sanders, Chief Advisor, Head of Americas, Alliance to End Plastic Waste. "The solutions that are being supported are often ground-breaking and enabled by strong collaboration amongst all players across the plastic value chain. We are delighted to welcome Quantix to the Alliance, and are pleased we now have a logistics company in North America helping to end plastic waste in the environment." Quantix is committed to being a sustainability leader in the supply chain and logistics industry including helping build the new circular supply chain. The company has several active sustainability initiatives including multi-year environmental goals such as converting 25% of its last mile and drayage fleet to alternative fuel by 2030. To learn more about the company's commitment to sustainability, visit https://quantixscs.com/about/sustainability/. About Quantix Quantix is the leading supply chain services company to the chemical industry. It provides the world's largest chemical providers with end-to-end support through a nationwide network and comprehensive suite of services including transportation, 3PL solutions, distribution centers, export/import and Eco-Recovery. Headquartered in The Woodlands, TX with over 80 locations across the U.S., Quantix is committed to providing the highest level of safety, quality, compliance and integrity across its entire operation. Learn more at www.quantixscs.com.

Read More

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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