Saving Costs in Chemical Management

January 28, 2019 | 45 views

The chemical industry is one of the world’s largest industrial sectors, with sales worth USD 5 681 billion in 2017. It includes producers of industrial chemicals, polymers, pharmaceuticals pesticides, biocides, food and feed additives, and cosmetics. The industry is expected to grow to almost USD 22 000 billion by 2060.

Spotlight

ACS Chemical

ACS Chemical is a supplier of Ultra Pure, ACS, USP, FCC, NF, EP, BP, JP grade chemicals, and has been in business over 35 years. Our products are Ultra High Quality and distributed all over the world. ACS Chemical has warehouses throughout the USA and Canada. We stock most products to keep lead times low and consolidate to save on freight. Looking forward to building long term business with open communication and transparency.

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CHEMICAL MANAGEMENT

Transporting biological and chemical materials - what you need to know

Article | July 13, 2021

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 | July 8, 2022

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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CHEMICAL TECHNOLOGY

Why chemical characterization is the best way to assess patient risk

Article | July 20, 2022

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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How Chemical Companies Benefit from the Experience Economy

Article | February 10, 2020

To feel or experience from a business engagement started with customer experience mainly in the consumer products business. Today it has extended to even knowledge industries like the chemical industry where experiencing or feeling can be leveraged to include all stake holders from customers primarily to employees to supply chain people & suppliers and all else. With digital technologies this has become easier than before. The benefits from promoting the ‘feel’ or ‘experience’ emotion could be multifarious for the chemical industry as described in this article.

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Spotlight

ACS Chemical

ACS Chemical is a supplier of Ultra Pure, ACS, USP, FCC, NF, EP, BP, JP grade chemicals, and has been in business over 35 years. Our products are Ultra High Quality and distributed all over the world. ACS Chemical has warehouses throughout the USA and Canada. We stock most products to keep lead times low and consolidate to save on freight. Looking forward to building long term business with open communication and transparency.

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CHEMICAL TECHNOLOGY

With the Acquisition of Agiplast, Arkema Strengthens Its Commitment to the Circular Economy

ARKEMA | May 25, 2021

With the planned acquisition of Agiplast, a leader in the regeneration of high-performance polymers, especially specialty polyamides, and fluoropolymers, Arkema is going to be ready to offer a full service to customers in terms of materials circularity, addressing growing market expectations during this field. This project, which contributes to the sustainable development of the polymer industry, is perfectly in line with Arkema’s sustainable growth strategy. Arkema plans to accumulate Agiplast, a company specialized in the regeneration of high-performance polymers, and its historical partner in recycling operations. the company, with annual sales of around €15 million, operates a plant in Italy and has 32 employees. Agiplast’s strong know-how in mechanical recycling technologies will enable Arkema to supply top-quality recycled polymers to its customers. In October 2019, Arkema, the world leader in bio-based high-performance polymers, had already launched Virtucycle®, an ambitious program with Agiplast aimed toward developing loops for the gathering and regeneration of high-performance polymers while minimizing CO2 emissions. With this acquisition, Arkema is going to be the primary fully integrated high-performance polymer manufacturer offering both bio-based and recycled materials to deal with the challenges of resource scarcity and end-of-life products. This bolt-on acquisition is thus in line with Arkema’s CSR and sustainable growth strategy, and especially the transition to a circular economy. The deal is expected to close in June 2021. About ARKEMA Building on its unique set of experience in materials science, Arkema offers a portfolio of first-class technologies to address the ever-growing demand for new and sustainable materials. With the ambition to become 2024 a pure player in Specialty Materials, the Group is structured into 3 complementary, resilient, and highly innovative segments dedicated to Specialty Materials -Adhesive solutions, Advanced Materials, and Coating Solutions- accounting for a few 82% of Group sales, and a well-positioned and competitive Intermediates segments. Arkema offers cutting-edge technological solutions to satisfy the challenges of, among other things, new energies, access to water, recycling, urbanization, and mobility and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around €8 billion in 2020 and operates in some 55 countries with 20,600 employees worldwide

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CHEMICAL MANAGEMENT

Huntsman Completes the Acquisition of Gabriel Performance Products, Further Expanding its Specialty Chemicals Portfolio

Huntsman | January 20, 2021

Huntsman Corporation (NYSE: HUN) today announced it completed the acquisition of Gabriel Performance Products (Gabriel), a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from Audax Private Equity. Huntsman paid $250 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity. Gabriel had 2019 revenues of approximately $106 million with three manufacturing facilities located in Ashtabula, Ohio, Harrison City, Pennsylvania and Rock Hill, South Carolina. Based on calendar year 2019, the purchase price represents an adjusted EBITDA multiple of approximately 11 times, or approximately 8 times pro forma for synergies. Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2019 revenues of approximately $7 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions. Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, ability to achieve projected synergies, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

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RAW MATERIALS

Conservation Groups Sue EPA for Failure to Adequately Protect against Oil, Methane Gas Industry

Conservation Groups | January 18, 2021

Two conservation groups have launched a lawsuit to fight the EPA’s “failure to require adequate pollution controls for the oil and methane gas industry” in Chicago and areas of California. The Center for Biological Diversity and the Center for Environmental Health point out that two Canadian provinces require that the oil and methane gas industry install zero emission pneumatic controllers. “There is no reason the EPA cannot adopt this readily available technology,” says Kaya Sugerman with the Center for Environmental Health. The EPA’s guidelines for oil and methane gas production recommend pneumatic controllers that emit volatile organic compounds, when pneumatic controllers that do not emit any of these compounds are in widespread use at production sites and compressor stations in both the US and Canada, the groups argue. “Taking action to increase the use of zero emission controllers has a co-benefit of reducing methane, a dangerous greenhouse gas that is 87 times more damaging for climate change than carbon dioxide,” the groups say. They point out that, according to the EPA’s Greenhouse Gas Inventory, pneumatic controllers are the largest source of methane from the oil industry and the second-largest source of methane from the methane gas industry.

Read More

CHEMICAL TECHNOLOGY

With the Acquisition of Agiplast, Arkema Strengthens Its Commitment to the Circular Economy

ARKEMA | May 25, 2021

With the planned acquisition of Agiplast, a leader in the regeneration of high-performance polymers, especially specialty polyamides, and fluoropolymers, Arkema is going to be ready to offer a full service to customers in terms of materials circularity, addressing growing market expectations during this field. This project, which contributes to the sustainable development of the polymer industry, is perfectly in line with Arkema’s sustainable growth strategy. Arkema plans to accumulate Agiplast, a company specialized in the regeneration of high-performance polymers, and its historical partner in recycling operations. the company, with annual sales of around €15 million, operates a plant in Italy and has 32 employees. Agiplast’s strong know-how in mechanical recycling technologies will enable Arkema to supply top-quality recycled polymers to its customers. In October 2019, Arkema, the world leader in bio-based high-performance polymers, had already launched Virtucycle®, an ambitious program with Agiplast aimed toward developing loops for the gathering and regeneration of high-performance polymers while minimizing CO2 emissions. With this acquisition, Arkema is going to be the primary fully integrated high-performance polymer manufacturer offering both bio-based and recycled materials to deal with the challenges of resource scarcity and end-of-life products. This bolt-on acquisition is thus in line with Arkema’s CSR and sustainable growth strategy, and especially the transition to a circular economy. The deal is expected to close in June 2021. About ARKEMA Building on its unique set of experience in materials science, Arkema offers a portfolio of first-class technologies to address the ever-growing demand for new and sustainable materials. With the ambition to become 2024 a pure player in Specialty Materials, the Group is structured into 3 complementary, resilient, and highly innovative segments dedicated to Specialty Materials -Adhesive solutions, Advanced Materials, and Coating Solutions- accounting for a few 82% of Group sales, and a well-positioned and competitive Intermediates segments. Arkema offers cutting-edge technological solutions to satisfy the challenges of, among other things, new energies, access to water, recycling, urbanization, and mobility and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around €8 billion in 2020 and operates in some 55 countries with 20,600 employees worldwide

Read More

CHEMICAL MANAGEMENT

Huntsman Completes the Acquisition of Gabriel Performance Products, Further Expanding its Specialty Chemicals Portfolio

Huntsman | January 20, 2021

Huntsman Corporation (NYSE: HUN) today announced it completed the acquisition of Gabriel Performance Products (Gabriel), a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from Audax Private Equity. Huntsman paid $250 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity. Gabriel had 2019 revenues of approximately $106 million with three manufacturing facilities located in Ashtabula, Ohio, Harrison City, Pennsylvania and Rock Hill, South Carolina. Based on calendar year 2019, the purchase price represents an adjusted EBITDA multiple of approximately 11 times, or approximately 8 times pro forma for synergies. Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2019 revenues of approximately $7 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions. Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, ability to achieve projected synergies, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

Read More

RAW MATERIALS

Conservation Groups Sue EPA for Failure to Adequately Protect against Oil, Methane Gas Industry

Conservation Groups | January 18, 2021

Two conservation groups have launched a lawsuit to fight the EPA’s “failure to require adequate pollution controls for the oil and methane gas industry” in Chicago and areas of California. The Center for Biological Diversity and the Center for Environmental Health point out that two Canadian provinces require that the oil and methane gas industry install zero emission pneumatic controllers. “There is no reason the EPA cannot adopt this readily available technology,” says Kaya Sugerman with the Center for Environmental Health. The EPA’s guidelines for oil and methane gas production recommend pneumatic controllers that emit volatile organic compounds, when pneumatic controllers that do not emit any of these compounds are in widespread use at production sites and compressor stations in both the US and Canada, the groups argue. “Taking action to increase the use of zero emission controllers has a co-benefit of reducing methane, a dangerous greenhouse gas that is 87 times more damaging for climate change than carbon dioxide,” the groups say. They point out that, according to the EPA’s Greenhouse Gas Inventory, pneumatic controllers are the largest source of methane from the oil industry and the second-largest source of methane from the methane gas industry.

Read More

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