Toxic chemical at PES refinery mostly cleared, aiding probe of June blaze

| August 30, 2019

article image
Most of a highly toxic chemical stored at a fire-damaged Philadelphia oil refinery has been rendered inert, clearing the way for closer inspections of the site following a June blaze that led to the plant’s closure, officials said on Friday. About 340,000 pounds of hydrofluoric acid (HF) stored at Philadelphia Energy Solutions’ refinery was chemically neutralized, Philadelphia Fire Commissioner Adam Thiel said in a briefing. HF can burn the skin and form a potentially deadly fog at room temperature. The process “substantially reduces the risk to the community,” Thiel said, noting some HF acid still remained at the site. Initial phases of the fire probes, including data gathering, have largely been completed, Thiel said. HF is used by more than one-third of U.S. refineries in the alkylation process to make high-octane gasoline. Labor unions and environmentalists have urged that it be replaced, particularly in densely populated areas.

Spotlight

HaloPolymer

HaloPolymer is a leading chemical producer operating 2 manufacturing facilities in Russia. We specialize in fluoropolymers (PTFE and others), fluorinated gases (refrigerants, SF6), other fluorinated products (acids, alcohols, ethers, lubricants), inorganic chemistry (calcium chloride, caustic soda, hydrogen chloride, other).

OTHER ARTICLES
CHEMICAL MANAGEMENT

Southeast polyolefins demand growth could be negative again in 2021

Article | July 13, 2021

BEFORE the pandemic, GDP growth rates in the developing world were always higher than in developed economies.And because developing economies had much lower levels of petrochemicals consumption than their rich counterparts, it meant that the multiples over GDP were higher than in the rich word, where consumption was pretty much saturated. For instance, polyethylene (PE) demand in a developed country such as Germany might have grown at 0.3% times GDP whereas in Indonesia the growth could have been one or more times higher than the rate of growth in GDP.But as The Economist wrote in this 11 July article: “In 2021 the poorest countries, which are desperately short of vaccines, are forecast to grow more slowly than rich countries for only the third time in 25 years.” Might the multiples over GDP growth also be adversely affected in the developing world, trending lower than the historic norms? They will almost certainly remain higher than the rich countries. But here is the thing: as millions more people are pushed back into extreme poverty by the pandemic or are denied the opportunity to achieve middle-income status, I believe that developing-world multiples may well decline.Escaping extreme poverty means being able to, say, afford a whole bottle of shampoo for the first time rather than a single-serve sachet, thereby raising per capita polymers consumption.

Read More
CHEMICAL MANAGEMENT

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

Article | July 22, 2021

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

Reimagining the Workforce with Anglo American

Article | June 21, 2021

“At Anglo-American, we’re really focused on finding the best ways to attract the most talented people in the industry and effectively equipping our existing workforce based on what they need today and what the future will mean for their careers. We’re also committed to providing learning opportunities that lead to growth and development in the communities in which we operate. Our people are a strategic advantage. We want to ensure that continues to be the case as the mining industry evolves and faces more disruption.

Read More
CHEMICAL MANAGEMENT

Energy portfolio restructuring: Charting the future

Article | June 17, 2021

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

Spotlight

HaloPolymer

HaloPolymer is a leading chemical producer operating 2 manufacturing facilities in Russia. We specialize in fluoropolymers (PTFE and others), fluorinated gases (refrigerants, SF6), other fluorinated products (acids, alcohols, ethers, lubricants), inorganic chemistry (calcium chloride, caustic soda, hydrogen chloride, other).

Events