The supply-chain inflation threat to petrochemicals demand

JOHN RICHARDSON AND FERGUS JENSEN | May 9, 2021 | 28 views

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.

Spotlight

European Association of Chemical Distributors

Fecc is the voice of the Chemical Distribution Industry in Europe. With a growing membership of companies and national associations, Fecc represents around 1,700 companies of which many are small and medium sized enterprises (SMEs). The Chemical distribution industry in Europe employs around 30,000 people and has an annual sales leverage of approximately €26 billion.

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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.

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CHEMICAL MANAGEMENT

Key Trends in the Digital Transformation of the Chemical Industry

Article | June 17, 2021

The chemical business is intricate, with numerous sub-sectors dealing with various challenges. Thus, there are some differences in the sector's main areas of digitalization. For instance, while specialty chemicals with smaller batches but larger profit margins are concerned with improving quality, large factories are concentrated on accelerating throughput speed. To be able to react to quick and repeated changes in demand, supply, and working circumstances, however, every plant must optimize output, reduce waste, improve safety and sustainability, and become more nimble. Therefore, the Industrial Internet of Things (IIoT), artificial intelligence (AI), and cloud computing are expected to be the three most popular applications for digital transformation during the coming two years. Key Trends Production Optimization The first and most valuable use cases of digitalization in chemical plants center on production optimization through improved equipment performance, process automation, remote and predictive monitoring, and simplified maintenance. Chemical factories, which often provide basic chemicals for use as end products in other sectors, have a special responsibility to maintain consistently high product quality. However, doing so can be challenging given the significant variations in raw material supply and quality. In addition, as process engineers can change the mix on the fly in reaction to fluctuations in quality, feedstock, or ambient temperatures, better data and analytics enable finer and more frequent adjustments. Lowering Waste The main advantage of digitally transformed plants so far has been cost reduction. The price volatility of raw materials is a problem for the chemical production sector because customers naturally want constant low prices. Minimizing waste is critical since facilities must contend with rising energy costs. Analytics tools that monitor fluctuating raw material prices aid factories in negotiating the best deals with suppliers and preparing in advance for price spikes. The risk of oversupply is reduced since plants can prepare the proper quantities of various products thanks to more precise demand predictions. Sustainability, Compliance, and Safety The chemical industry is heavily regulated as a result of the quantity of hazardous chemicals and the number of end-use industries that rely on it. Businesses are adopting digital transformation to boost safety awareness, reduce emissions and dangerous flare incidents, and guarantee a transparent and accurate audit trail. Plants that quickly adopt digital solutions for remote monitoring, supply chain visibility, waste reduction, production optimization, raising their safety profile, and opening up new opportunities will profit from higher profits and increased revenue, whereas those that hesitate for too long risk failing in the long run.

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CHEMICAL MANAGEMENT

The Future of Supply Chain Management for Chemical Companies

Article | July 22, 2021

Individual consumers expect tailored products and services. Color, size, quantity, payment method, and delivery channel options abound. The chemical sector is also now following this suit of action. The global chemicals supply chain has grown steadily for three decades. Chemical businesses are improving their supply chain capabilities to handle complexity and meet client demands. This includes implementing advanced data-driven and cloud-based technologies that enable faster, more flexible, and tailored customer interactions. Areas of innovation for chemical companies Living Segmentation Living segmentation can help chemical businesses better serve clients and satisfy their expectations. This entails adapting supply chain capabilities to each customer's needs. Asset-light Network An asset-light network involves developing an ecosystem of partners to add capabilities and value to your supply chain beyond standard co-manufacturing, co-packing, and third-party or last-mile logistics providers. In addition, it should include technology partners that help chemical businesses innovate and be adaptable. Data and Applied Intelligence Improving speed, agility, and efficiency in global supply chains demands comprehensive visibility and the correct information. Data provides visibility and insights. The key to providing excellent customer service is gathering the appropriate data and using it strategically to get important insight. The industry generates a ton of data, which is excellent news. In response to last year's supply chain delays, corporations are building supply chains with geographically spread shipping/supplier choices. Real-time visibility and enhanced analytics can be used to track delays by providing revised ETAs and analyzing downstream implications. Data-driven insights can alert organizations of a delay almost immediately and help them acquire raw materials from another supplier to reduce the domino impact downstream. Chemical businesses must rethink their supply chains to implement living segmentation, asset-light networks, data, and AI.

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CHEMICAL TECHNOLOGY

Organic Catalyst Boasts Big Benefits

Article | June 6, 2022

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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Spotlight

European Association of Chemical Distributors

Fecc is the voice of the Chemical Distribution Industry in Europe. With a growing membership of companies and national associations, Fecc represents around 1,700 companies of which many are small and medium sized enterprises (SMEs). The Chemical distribution industry in Europe employs around 30,000 people and has an annual sales leverage of approximately €26 billion.

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CHEMICAL MANAGEMENT

Sinopec Capital and Johnson Matthey explore strategic collaboration across decarbonisation and hydrogen technologies

Johnson Matthey | August 04, 2022

On 2nd August 2022, A Memorandum of Understanding signed by Sinopec Capital and Johnson Matthey China signals the start of active dialogues to explore joint possibilities across green and blue hydrogen, fuel cells, decarbonisation technologies and circular economy business in China. Mr ZHOU Meiyun, Deputy Chairman and General Manager of Sinopec Capital, said: "Sinopec has made its long term development strategic goal and dedicated to become a No.1 hydrogen company in China and a leading clean energy company in the world. Sinopec is committed to develop and use various carbon reduction technologies including energy conservation and reduction, green energy replacement, and CCUS technologies and makes full efforts to reach the carbon neutralization target before 2060. We wish to have a deep collaboration with Johnson Matthey in carbon reduction and green energy fields to fully support achieving China's national strategic goal of 30/60 carbon peak/carbon neutralization." "Johnson Matthey has a long heritage in China. We are China's leading auto catalyst producer, one of the largest platinum group metals refiners, a leading player across syngas and hydrogen fuel cells, and the first commercial scale MEA producer in China. Some of the world's biggest companies already rely on our technologies, and we are very excited to explore how we can work with Sinopec to expand our businesses whilst creating and scaling the low carbon solutions that help China achieve the carbon neutrality by 2060." Dr Mark Su, Johnson Matthey's China President Sinopec is the largest oil and petrochemical products supplier and the second largest oil and gas producer in China. It is also the largest refining company and the second largest chemical company in the world. Sinopec Capital is a fully owned subsidiary of Sinopec Group launched in 2018 with RMB10bn initial paid-in registered capital. The company makes strategic equity investment activities on new energy, new material, energy conservation and environmental protection, advanced manufacturing, big data and artificial intelligence to support Sinopec Group transforming from a traditional energy provider to a leading clean energy company in the world. Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. Its technologies have a global impact in areas such as low emission transport, energy, chemical processing and making the most efficient use of the planet's natural resources. It is a world leading hydrogen technologies player, with technologies supporting the development and production of green and blue hydrogen and fuel cells. Its China business started in 1993, growing to a top 50 company in Shanghai. It has 6 state-of-the art manufacturing facilities, proudly delivering over 120 million auto catalysts over the last 2 decades. It is the leading membrane electrode assembly (MEA) producer in China, and produced the MEAs for hydrogen fuel cell shuttle buses showcased in the Beijing Winter Olympic 2022. About JM Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers' products. Our science has a global impact in areas such as low emission transport, energy, chemical processing and making the most efficient use of the planet's natural resources. Today about 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us.

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CHEMICAL MANAGEMENT

Center for Sustainable Behavior & Impact to Drive Improvement in Recycling Behavior and Boost Confidence in U.S. Recycling

Milliken | August 08, 2022

The Recycling Partnership announced today that it has launched The Center for Sustainable Behavior & Impactcto drive measurable improvement in residential recycling behavior and mobilize household participation in the circular economy. Human behavior is at the heart of any successful recycling program. The Recycling Partnership is taking the lead in helping people to overcome barriers to participation, pairing behavioral science with programs aimed at growing access. "Engaging the public means first ensuring that all people have equitable access to recycling services. As we reached over 100 million American households, we saw first-hand that there is a critical missing piece. We have a responsibility to make it easy, even enjoyable, for all Americans to fully participate. We will do just that, working in collaboration with our expert launch advisors to create and rapidly share innovative, evidence-based solutions with practitioners and stakeholders working across the circular economy on recycling, reuse, and reduction.” Keefe Harrison, CEO of The Recycling Partnership Each year, 15 million tons of household recyclables are lost to landfills because Americans are confused and lack confidence when it comes to recycling. The loss of 15 million tons of recyclable material is equivalent to 63 million metric tons of carbon dioxide; capturing this material would yield more than 17,500 jobs and $834 million in landfill savings. “Solving this challenge requires an evidence-based approach,” said Louise Bruce, Managing Director for the Center for Sustainable Behavior & Impact. “By rigorously evaluating and disseminating our findings, we are making the Center the go-to hub for innovative, people- focused solutions that substantially improve recycling at every step of the consumer journey. With this, we hope to empower recycling leaders to optimize their programs, and advance circularity of the economy.” With founding support from the Walmart Foundation and Milliken & Company Charitable Foundation, The Recycling Partnership will leverage its network of community partnerships, comprehensive national database, deep expertise in recycling education, and established track record of improving underperforming recycling programs to propel positive change in recycling behavior. This change will be measured through both an increased capture of recyclable material and growth in household recycling participation. “People are at the heart of our sustainability strategy, so supporting the Center for Sustainable Behavior & Impact was the right fit,” said Milliken & Company President and CEO and Milliken & Company Charitable Foundation Board Chair, Halsey Cook. “The Center’s work to build consumer confidence and equitably overcome barriers to residential recycling will become a critical element of our strategy to solve the plastics end-of-life challenge.” “The Center is filling a gap in the flywheel of the circular economy, which includes circular design, infrastructure and behavior change,” said Julie Gehrki, Vice President & COO of The Walmart Foundation. “The Walmart Foundation is supporting the Center for Sustainable Behavior & Impact to identify key trends, attitudes, motivations, and barriers to circularity nationally, regionally, and locally. These insights will inform multiple tools to accelerate trust in and adoption of recycling, including a digital playbook that will be designed purposefully to improve community confidence in recycling and embed equity in circular initiatives.” While Americans overwhelmingly support recycling with 80% saying it has a positive impact, when it comes to actually putting recyclables in the bin, one obstacle is lack of confidence. Through its inaugural Recycling Confidence Index, The Center uses behavioral science to gauge consumer confidence in recycling programs and identify the drivers of these beliefs. Half of those surveyed believe that the items they recycle are made into new things, suggesting that there is room to boost recycling confidence, but only 7% said they believed recycled items rarely or never become something new. Significantly, the survey found that the highest levels of confidence exist among those who receive the full spectrum of recycling communications and support, including convenient bins, recycling knowledge and information, and motivational messages. Where there is strong communication, information and support, consumers are most likely to trust that recycling works and that their personal behaviors have a genuine impact. Click here to read more about the Recycling Confidence Index. The Center will initially focus on three areas: (i) deepening understanding of consumer barriers and sentiments toward recycling, (ii) scientifically testing different types of solutions to determine the most effective and scalable tactics that improve recycling behavior with different populations in the US., and (iii) creating a playbook and accompanying online tool to make best practices and key insights available to national, state, and local recycling leaders. To support its initial phase The Center is working with six Launch Advisors; experts and practitioners in the fields of environmental research, behavioral science, community recycling program management and sustainability marketing to ensure that its research practices meet the highest scientific standards, while rooted in the everyday challenges of local communities. The Launch Advisors are Bridget Anderson, Deputy Commissioner of Recycling and Sustainability, NYC Department of Sanitation Jason Hale, Director of Operations, Ocean Plastics Asia, Systemiq Steve Raabe, Founder and President, OpinionWorks Suzanne Shelton, Founder, President, & CEO, Shelton Group Joseph Sherlock, Applied Behavioral Researcher, the Center for Advanced Hindsight at Duke University Cynthia Shih, Senior Advisor, Delterra “The vast majority of Americans want to do the right thing and keep their waste out of landfills. Why, then, are diversion rates so low in some areas? We have real work to do to change this, and I’m proud to be part of the effort to solve this problem, before it’s too late,” said Bridget Anderson, Deputy Commissioner of Recycling and Sustainability, NYC Department of Sanitation. About The Recycling Partnership At The Recycling Partnership, we are solving for circularity. We mobilize people, data, and solutions across the value chain to unlock the environmental and economic benefits of recycling and a circular economy. We work on the ground with thousands of communities to transform underperforming recycling programs; we partner with companies to achieve packaging circularity, increase access to recycled materials, and meet sustainability commitments; and we work with government to develop policy solutions to address the systemic needs of our residential recycling system and advance a circular economy. We foster public-private partnerships and drive positive change at every step of the recycling and circularity process. About Milliken Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at milliken.

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CHEMICAL MANAGEMENT

BASF to produce more specialty pyrrolidones in North America

BASF Corporation | August 05, 2022

BASF has announced it will produce more 2-Pyrrolidone and N-Octyl-2-Pyrrolidone (NOP) at its Geismar, Louisiana, Verbund site. The production is anticipated to be on-stream in the second half of 2022 and will ensure a global supply of HEP and NOP. "Our customers want to continue to grow in the ink, automotive and agricultural markets and will need increasing quantities for the foreseeable future. We can accompany these growth plans thanks to our double-digit-million-dollar investment by BASF in Geismar.” Erika Peterman, Senior Vice President, Chemical Intermediates, North America “It became clear that our facility in Geismar would make a perfect fit for increased production of HEP and NOP in the region,” explained Stefanie Demming, Vice President, Operations & Technology, Chemical Intermediates, North America. “We are pleased to take on a global supply role in North America.” N-(2-Hydroxyethyl)-2-Pyrrolidone (HEP) is a versatile chemical intermediate. It proves essential as (co)-solvent for the production of crop protection agents, electronic, coating and inkjet formulations. N-Octyl-2-Pyrrolidone (NOP) is a versatile chemical intermediate used particularly as a solvent and low-foaming surfactant. Among other things, NOP is used as a solvent in the production of crop protection active ingredients, it is also used as a wetting agent in dishwashing detergents as well as various automotive applications. About BASF BASF Corporation, headquartered in Florham Park, New Jersey, is the US affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,700 employees in North America and had sales of $25.9 billion in 2021. At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts in the U.S. Further.

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CHEMICAL MANAGEMENT

Sinopec Capital and Johnson Matthey explore strategic collaboration across decarbonisation and hydrogen technologies

Johnson Matthey | August 04, 2022

On 2nd August 2022, A Memorandum of Understanding signed by Sinopec Capital and Johnson Matthey China signals the start of active dialogues to explore joint possibilities across green and blue hydrogen, fuel cells, decarbonisation technologies and circular economy business in China. Mr ZHOU Meiyun, Deputy Chairman and General Manager of Sinopec Capital, said: "Sinopec has made its long term development strategic goal and dedicated to become a No.1 hydrogen company in China and a leading clean energy company in the world. Sinopec is committed to develop and use various carbon reduction technologies including energy conservation and reduction, green energy replacement, and CCUS technologies and makes full efforts to reach the carbon neutralization target before 2060. We wish to have a deep collaboration with Johnson Matthey in carbon reduction and green energy fields to fully support achieving China's national strategic goal of 30/60 carbon peak/carbon neutralization." "Johnson Matthey has a long heritage in China. We are China's leading auto catalyst producer, one of the largest platinum group metals refiners, a leading player across syngas and hydrogen fuel cells, and the first commercial scale MEA producer in China. Some of the world's biggest companies already rely on our technologies, and we are very excited to explore how we can work with Sinopec to expand our businesses whilst creating and scaling the low carbon solutions that help China achieve the carbon neutrality by 2060." Dr Mark Su, Johnson Matthey's China President Sinopec is the largest oil and petrochemical products supplier and the second largest oil and gas producer in China. It is also the largest refining company and the second largest chemical company in the world. Sinopec Capital is a fully owned subsidiary of Sinopec Group launched in 2018 with RMB10bn initial paid-in registered capital. The company makes strategic equity investment activities on new energy, new material, energy conservation and environmental protection, advanced manufacturing, big data and artificial intelligence to support Sinopec Group transforming from a traditional energy provider to a leading clean energy company in the world. Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. Its technologies have a global impact in areas such as low emission transport, energy, chemical processing and making the most efficient use of the planet's natural resources. It is a world leading hydrogen technologies player, with technologies supporting the development and production of green and blue hydrogen and fuel cells. Its China business started in 1993, growing to a top 50 company in Shanghai. It has 6 state-of-the art manufacturing facilities, proudly delivering over 120 million auto catalysts over the last 2 decades. It is the leading membrane electrode assembly (MEA) producer in China, and produced the MEAs for hydrogen fuel cell shuttle buses showcased in the Beijing Winter Olympic 2022. About JM Johnson Matthey is a global leader in sustainable technologies that enable a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, we improve the performance, function and safety of our customers' products. Our science has a global impact in areas such as low emission transport, energy, chemical processing and making the most efficient use of the planet's natural resources. Today about 15,000 Johnson Matthey professionals collaborate with our network of customers and partners to make a real difference to the world around us.

Read More

CHEMICAL MANAGEMENT

Center for Sustainable Behavior & Impact to Drive Improvement in Recycling Behavior and Boost Confidence in U.S. Recycling

Milliken | August 08, 2022

The Recycling Partnership announced today that it has launched The Center for Sustainable Behavior & Impactcto drive measurable improvement in residential recycling behavior and mobilize household participation in the circular economy. Human behavior is at the heart of any successful recycling program. The Recycling Partnership is taking the lead in helping people to overcome barriers to participation, pairing behavioral science with programs aimed at growing access. "Engaging the public means first ensuring that all people have equitable access to recycling services. As we reached over 100 million American households, we saw first-hand that there is a critical missing piece. We have a responsibility to make it easy, even enjoyable, for all Americans to fully participate. We will do just that, working in collaboration with our expert launch advisors to create and rapidly share innovative, evidence-based solutions with practitioners and stakeholders working across the circular economy on recycling, reuse, and reduction.” Keefe Harrison, CEO of The Recycling Partnership Each year, 15 million tons of household recyclables are lost to landfills because Americans are confused and lack confidence when it comes to recycling. The loss of 15 million tons of recyclable material is equivalent to 63 million metric tons of carbon dioxide; capturing this material would yield more than 17,500 jobs and $834 million in landfill savings. “Solving this challenge requires an evidence-based approach,” said Louise Bruce, Managing Director for the Center for Sustainable Behavior & Impact. “By rigorously evaluating and disseminating our findings, we are making the Center the go-to hub for innovative, people- focused solutions that substantially improve recycling at every step of the consumer journey. With this, we hope to empower recycling leaders to optimize their programs, and advance circularity of the economy.” With founding support from the Walmart Foundation and Milliken & Company Charitable Foundation, The Recycling Partnership will leverage its network of community partnerships, comprehensive national database, deep expertise in recycling education, and established track record of improving underperforming recycling programs to propel positive change in recycling behavior. This change will be measured through both an increased capture of recyclable material and growth in household recycling participation. “People are at the heart of our sustainability strategy, so supporting the Center for Sustainable Behavior & Impact was the right fit,” said Milliken & Company President and CEO and Milliken & Company Charitable Foundation Board Chair, Halsey Cook. “The Center’s work to build consumer confidence and equitably overcome barriers to residential recycling will become a critical element of our strategy to solve the plastics end-of-life challenge.” “The Center is filling a gap in the flywheel of the circular economy, which includes circular design, infrastructure and behavior change,” said Julie Gehrki, Vice President & COO of The Walmart Foundation. “The Walmart Foundation is supporting the Center for Sustainable Behavior & Impact to identify key trends, attitudes, motivations, and barriers to circularity nationally, regionally, and locally. These insights will inform multiple tools to accelerate trust in and adoption of recycling, including a digital playbook that will be designed purposefully to improve community confidence in recycling and embed equity in circular initiatives.” While Americans overwhelmingly support recycling with 80% saying it has a positive impact, when it comes to actually putting recyclables in the bin, one obstacle is lack of confidence. Through its inaugural Recycling Confidence Index, The Center uses behavioral science to gauge consumer confidence in recycling programs and identify the drivers of these beliefs. Half of those surveyed believe that the items they recycle are made into new things, suggesting that there is room to boost recycling confidence, but only 7% said they believed recycled items rarely or never become something new. Significantly, the survey found that the highest levels of confidence exist among those who receive the full spectrum of recycling communications and support, including convenient bins, recycling knowledge and information, and motivational messages. Where there is strong communication, information and support, consumers are most likely to trust that recycling works and that their personal behaviors have a genuine impact. Click here to read more about the Recycling Confidence Index. The Center will initially focus on three areas: (i) deepening understanding of consumer barriers and sentiments toward recycling, (ii) scientifically testing different types of solutions to determine the most effective and scalable tactics that improve recycling behavior with different populations in the US., and (iii) creating a playbook and accompanying online tool to make best practices and key insights available to national, state, and local recycling leaders. To support its initial phase The Center is working with six Launch Advisors; experts and practitioners in the fields of environmental research, behavioral science, community recycling program management and sustainability marketing to ensure that its research practices meet the highest scientific standards, while rooted in the everyday challenges of local communities. The Launch Advisors are Bridget Anderson, Deputy Commissioner of Recycling and Sustainability, NYC Department of Sanitation Jason Hale, Director of Operations, Ocean Plastics Asia, Systemiq Steve Raabe, Founder and President, OpinionWorks Suzanne Shelton, Founder, President, & CEO, Shelton Group Joseph Sherlock, Applied Behavioral Researcher, the Center for Advanced Hindsight at Duke University Cynthia Shih, Senior Advisor, Delterra “The vast majority of Americans want to do the right thing and keep their waste out of landfills. Why, then, are diversion rates so low in some areas? We have real work to do to change this, and I’m proud to be part of the effort to solve this problem, before it’s too late,” said Bridget Anderson, Deputy Commissioner of Recycling and Sustainability, NYC Department of Sanitation. About The Recycling Partnership At The Recycling Partnership, we are solving for circularity. We mobilize people, data, and solutions across the value chain to unlock the environmental and economic benefits of recycling and a circular economy. We work on the ground with thousands of communities to transform underperforming recycling programs; we partner with companies to achieve packaging circularity, increase access to recycled materials, and meet sustainability commitments; and we work with government to develop policy solutions to address the systemic needs of our residential recycling system and advance a circular economy. We foster public-private partnerships and drive positive change at every step of the recycling and circularity process. About Milliken Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at milliken.

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CHEMICAL MANAGEMENT

BASF to produce more specialty pyrrolidones in North America

BASF Corporation | August 05, 2022

BASF has announced it will produce more 2-Pyrrolidone and N-Octyl-2-Pyrrolidone (NOP) at its Geismar, Louisiana, Verbund site. The production is anticipated to be on-stream in the second half of 2022 and will ensure a global supply of HEP and NOP. "Our customers want to continue to grow in the ink, automotive and agricultural markets and will need increasing quantities for the foreseeable future. We can accompany these growth plans thanks to our double-digit-million-dollar investment by BASF in Geismar.” Erika Peterman, Senior Vice President, Chemical Intermediates, North America “It became clear that our facility in Geismar would make a perfect fit for increased production of HEP and NOP in the region,” explained Stefanie Demming, Vice President, Operations & Technology, Chemical Intermediates, North America. “We are pleased to take on a global supply role in North America.” N-(2-Hydroxyethyl)-2-Pyrrolidone (HEP) is a versatile chemical intermediate. It proves essential as (co)-solvent for the production of crop protection agents, electronic, coating and inkjet formulations. N-Octyl-2-Pyrrolidone (NOP) is a versatile chemical intermediate used particularly as a solvent and low-foaming surfactant. Among other things, NOP is used as a solvent in the production of crop protection active ingredients, it is also used as a wetting agent in dishwashing detergents as well as various automotive applications. About BASF BASF Corporation, headquartered in Florham Park, New Jersey, is the US affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 16,700 employees in North America and had sales of $25.9 billion in 2021. At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts in the U.S. Further.

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