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Food And Beverage Chemicals Market 2017-2027 Expected to Drive Growth

The list of added chemicals and additives on the food and beverage labels often reads bewildering. Even though the food and beverage chemicals are habitually thought of as harmful substances, knowing their advantages and disadvantages for certain applications.

Spotlight

Bond It (Building Chemicals)

Bond It is one of the UK’s fastest growing manufacturers of building chemicals for the building trade and home improvement sector. We offer customers across Europe, the Middle East, Asia, Africa and North America access to a range of high performance, high quality and competitively priced products. Our range includes sealants, adhesives, grouts, cleaners, expanding foams, fillers, decorating sundries, waterproofing products, roofing compounds, woodcare products, tapes, tile adhesives, plumbing products and many other building chemicals.

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Chemical Technology

Pandemic’s third wave seems unlikely to damage global petrochemicals demand

Article | July 20, 2022

Petrochemical stocks plunged worldwide on 19 July ahead of the Q2 earnings season. The declines were consistent with those in economically sensitive sectors such as steel, copper, automotive and housing,” wrote my ICIS colleague, Joseph Chang, in this Insight article.

Read More
Chemical Technology

The Digital Transformation of the Chemical Industry: The Key Trends

Article | July 20, 2022

From novel process technologies to sustainable plastics— the chemical industry is scaling up its digital initiatives. This has opened new doors for organizations to explore opportunities to increase efficiency and streamline the process. Admittedly, the chemical industry has been a little slower in implementing digital transformation. But COVID-19 has vastly increased the momentum of digitization among chemical plants. According to a KPMG survey, 96% of industry CEOs saw digital transformation accelerate in their organizations, with 48 percent saying it advanced by a few years. In addition, according to a recent Manufacturing Leadership Council (MLC) survey, 82% of respondents agreed that the pandemic had "created a new sense of urgency" in driving investment in new technologies and digitalization. Digital transformation solutions offer tremendous potential in the chemical sector. It can play a significant role in driving more value. So let's dig deeper and look at key technologies in bringing digital transformation to the chemical industry. Circular Economy Chemical manufacturers cannot exist within their own four walls any longer. They recognize the importance of working with their customers and other businesses and organizations to conserve resources and protect the environment. Chemical companies may source raw materials from recyclers as part of a circular economy, which necessitates fool proof solutions to confirm their quality and availability. Circular economy consortiums may advocate for reducing environmental threats such as ocean plastics or exposure to hazardous chemicals, opening up new avenues for innovation. Customers are constantly looking for new ways to reduce waste and protect their ecosystems. For example, farmers may benefit from solutions that can instantly analyze soil quality, weather, and crops to determine the best products and schedule for applying fertilizers, crop protectants, or new seeds. Using this data, they use only what they need, generate less waste, and maximize output. Error-Proof Operations Chemical firms are also embracing technology to achieve operational excellence. They've discovered the benefits of using machine learning andIoT technologies to automate standard back-end processes. Technologies such as these reduce the need for human intervention — and thus the possibility of human error. Blockchain technology can also significantly reduce counterfeit chemicals' use, which is especially important for chemical manufacturers who supply products to the pharmaceutical or agricultural industries. In addition, blockchain technology can enable track-and-trace processes that require less work and waste while protecting the enterprise's reputation. Staying Sharp in the Dynamic Market Staying agile in an uncertain M&A environment is a top priority for some businesses. For example, chemical firms must be able to quickly divest assets, adjust portfolios, and adapt operations in response to market changes. Technology can provide executives with the visibility into operations, shipments, and market conditions required to make critical decisions and remain agile. Data Analytics The chemical industry is leveraging cloud-based storage systems to store and share confidential data anytime and anywhere. Additionally, data analytics solutions can analyze all the data effectively to provide valuable insights to the industry. This will help you make meaningful decisions in real-time.

Read More
Chemical Technology

The State of Intelligent Operations in Oil and Gas

Article | July 14, 2022

Intelligent Operations can play a vital role in creating connected content environments, however, many companies – especially within oil and gas – having been slow on the uptake. Businesses that implement digital transformation initiatives often gain a competitive advantage over their rivals, as they benefit from reductions in human error, increases in productivity and further support for compliance efforts.

Read More
Chemical Technology

We can solve the plastic waste crisis but we don’t have much time

Article | May 27, 2021

IN 2015, a global agreement was reached that 8m tonnes a year of plastic waste entering the oceans was unacceptable, according to this September 2020 article in The Conversation. This was the amount of plastic that was estimated to have ended up in the oceans in 2010. “Several international platforms emerged to address the crisis, including Our Ocean, the UN Sustainable Development Goals and the G7 Ocean Plastic Charter, among others,” continued the article. But in 2020, an estimated 24m-34m tonnes of plastic waste was forecast to enter our lakes, rivers and oceans. This could reach as much as 90m tonnes in 2030 if the current trajectory continued, said The Conversation. This is the type of information out there, free to view on the internet and accessible via a very quick Google search, representing a major challenges for our industry. I cannot of course verify the numbers. But they are out there. Also out there is a May 2019 article by the World Economic Forum (WEF), which provided a good summary of research into what experts believed was the scale of the waste problem in the developing world.

Read More
Chemical Technology

Ways Your Chemical Company Can Benefit From Digitization

Article | July 20, 2022

Petrochemical stocks plunged worldwide on 19 July ahead of the Q2 earnings season. The declines were consistent with those in economically sensitive sectors such as steel, copper, automotive and housing,” wrote my ICIS colleague, Joseph Chang, in this Insight article.

Read More
Chemical Technology

How Leading Chemical Companies Protect Customer Data Online

Article | July 20, 2022

From novel process technologies to sustainable plastics— the chemical industry is scaling up its digital initiatives. This has opened new doors for organizations to explore opportunities to increase efficiency and streamline the process. Admittedly, the chemical industry has been a little slower in implementing digital transformation. But COVID-19 has vastly increased the momentum of digitization among chemical plants. According to a KPMG survey, 96% of industry CEOs saw digital transformation accelerate in their organizations, with 48 percent saying it advanced by a few years. In addition, according to a recent Manufacturing Leadership Council (MLC) survey, 82% of respondents agreed that the pandemic had "created a new sense of urgency" in driving investment in new technologies and digitalization. Digital transformation solutions offer tremendous potential in the chemical sector. It can play a significant role in driving more value. So let's dig deeper and look at key technologies in bringing digital transformation to the chemical industry. Circular Economy Chemical manufacturers cannot exist within their own four walls any longer. They recognize the importance of working with their customers and other businesses and organizations to conserve resources and protect the environment. Chemical companies may source raw materials from recyclers as part of a circular economy, which necessitates fool proof solutions to confirm their quality and availability. Circular economy consortiums may advocate for reducing environmental threats such as ocean plastics or exposure to hazardous chemicals, opening up new avenues for innovation. Customers are constantly looking for new ways to reduce waste and protect their ecosystems. For example, farmers may benefit from solutions that can instantly analyze soil quality, weather, and crops to determine the best products and schedule for applying fertilizers, crop protectants, or new seeds. Using this data, they use only what they need, generate less waste, and maximize output. Error-Proof Operations Chemical firms are also embracing technology to achieve operational excellence. They've discovered the benefits of using machine learning andIoT technologies to automate standard back-end processes. Technologies such as these reduce the need for human intervention — and thus the possibility of human error. Blockchain technology can also significantly reduce counterfeit chemicals' use, which is especially important for chemical manufacturers who supply products to the pharmaceutical or agricultural industries. In addition, blockchain technology can enable track-and-trace processes that require less work and waste while protecting the enterprise's reputation. Staying Sharp in the Dynamic Market Staying agile in an uncertain M&A environment is a top priority for some businesses. For example, chemical firms must be able to quickly divest assets, adjust portfolios, and adapt operations in response to market changes. Technology can provide executives with the visibility into operations, shipments, and market conditions required to make critical decisions and remain agile. Data Analytics The chemical industry is leveraging cloud-based storage systems to store and share confidential data anytime and anywhere. Additionally, data analytics solutions can analyze all the data effectively to provide valuable insights to the industry. This will help you make meaningful decisions in real-time.

Read More
Chemical Technology

Future-Proofing the Chemical Industry with Digitalization

Article | July 14, 2022

Intelligent Operations can play a vital role in creating connected content environments, however, many companies – especially within oil and gas – having been slow on the uptake. Businesses that implement digital transformation initiatives often gain a competitive advantage over their rivals, as they benefit from reductions in human error, increases in productivity and further support for compliance efforts.

Read More
Chemical Technology

We can solve the plastic waste crisis but we don’t have much time

Article | May 27, 2021

IN 2015, a global agreement was reached that 8m tonnes a year of plastic waste entering the oceans was unacceptable, according to this September 2020 article in The Conversation. This was the amount of plastic that was estimated to have ended up in the oceans in 2010. “Several international platforms emerged to address the crisis, including Our Ocean, the UN Sustainable Development Goals and the G7 Ocean Plastic Charter, among others,” continued the article. But in 2020, an estimated 24m-34m tonnes of plastic waste was forecast to enter our lakes, rivers and oceans. This could reach as much as 90m tonnes in 2030 if the current trajectory continued, said The Conversation. This is the type of information out there, free to view on the internet and accessible via a very quick Google search, representing a major challenges for our industry. I cannot of course verify the numbers. But they are out there. Also out there is a May 2019 article by the World Economic Forum (WEF), which provided a good summary of research into what experts believed was the scale of the waste problem in the developing world.

Read More
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Spotlight

Bond It (Building Chemicals)

Bond It is one of the UK’s fastest growing manufacturers of building chemicals for the building trade and home improvement sector. We offer customers across Europe, the Middle East, Asia, Africa and North America access to a range of high performance, high quality and competitively priced products. Our range includes sealants, adhesives, grouts, cleaners, expanding foams, fillers, decorating sundries, waterproofing products, roofing compounds, woodcare products, tapes, tile adhesives, plumbing products and many other building chemicals.

Related News

ExxonMobils Baton Rouge Chemical Plant producing sanitation ingredient to help combat COVID-19

wbrz | March 27, 2020

ExxonMobil is helping to meet the demand for products like medical hand sanitizers, alcohol wipes, and disinfectant sprays by manufacturing a key ingredient, isopropyl alcohol (IPA), and providing it to the customers and areas that need it most. ExxonMobil’s Baton Rouge Chemical Plant is home to the world’s largest IPA production unit, which produces millions of gallons each year. The company first introduced the commercial-scale production and supply of IPA to the market 100 years ago. Today, ExxonMobil is actively engaged with the states of New York and Louisiana, providing IPA to help ensure continuity in the manufacture of disinfectant products for hospitals and other key community locations in need, the company announced in a statement Friday. "Supplies of IPA will also continue to be shipped across the country and around the world to help combat the COVID-19 crisis."

Read More

Potentially Dangerous Chemical Discovered In French Fries

MTL Blog | March 07, 2019

We all know that a lot of things are "bad for us." Treats like brownies, fries, fried mozzarella sticks (getting specific I know) and burgers either have too much fat, too much sugar, too many calories, or too much of another thing scientists just found out is bad. This hasn't stopped us from eating these foods, though. But is this because we don't know just HOW bad a lot of processed food is for our health? A new study has found evidence that foods like fries and porato chips are linked to genome mutations, which can be responsible for the development of cancers.

Read More

New chemicals under the new TSCA: Growing pains now, but a stronger system going forward

EDF | December 02, 2016

In the many conversations I have had over these last many years about the Toxic Substances Control Act (TSCA), the single thing that most resonated with people about why the old law didn’t work was about new chemicals. Folks were stunned when they learned that the old law didn‘t require our government to review chemicals and determine they were safe before they were allowed onto the market. People simply assumed this was the case and were shocked to find it wasn’t. I heard repeatedly, what could be a more basic need to ensure protection of the public’s health?

Read More

ExxonMobils Baton Rouge Chemical Plant producing sanitation ingredient to help combat COVID-19

wbrz | March 27, 2020

ExxonMobil is helping to meet the demand for products like medical hand sanitizers, alcohol wipes, and disinfectant sprays by manufacturing a key ingredient, isopropyl alcohol (IPA), and providing it to the customers and areas that need it most. ExxonMobil’s Baton Rouge Chemical Plant is home to the world’s largest IPA production unit, which produces millions of gallons each year. The company first introduced the commercial-scale production and supply of IPA to the market 100 years ago. Today, ExxonMobil is actively engaged with the states of New York and Louisiana, providing IPA to help ensure continuity in the manufacture of disinfectant products for hospitals and other key community locations in need, the company announced in a statement Friday. "Supplies of IPA will also continue to be shipped across the country and around the world to help combat the COVID-19 crisis."

Read More

Potentially Dangerous Chemical Discovered In French Fries

MTL Blog | March 07, 2019

We all know that a lot of things are "bad for us." Treats like brownies, fries, fried mozzarella sticks (getting specific I know) and burgers either have too much fat, too much sugar, too many calories, or too much of another thing scientists just found out is bad. This hasn't stopped us from eating these foods, though. But is this because we don't know just HOW bad a lot of processed food is for our health? A new study has found evidence that foods like fries and porato chips are linked to genome mutations, which can be responsible for the development of cancers.

Read More

New chemicals under the new TSCA: Growing pains now, but a stronger system going forward

EDF | December 02, 2016

In the many conversations I have had over these last many years about the Toxic Substances Control Act (TSCA), the single thing that most resonated with people about why the old law didn’t work was about new chemicals. Folks were stunned when they learned that the old law didn‘t require our government to review chemicals and determine they were safe before they were allowed onto the market. People simply assumed this was the case and were shocked to find it wasn’t. I heard repeatedly, what could be a more basic need to ensure protection of the public’s health?

Read More

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