AFPM ’19: Industrial recalibration to drive big changes for chemical industry

icis | March 25, 2019

The trend of “industrial recalibration” which emphasises mass customisation and speed to the customer will drive big changes in the global chemicals and plastics industry in the coming years, a consultant said on Monday. “Industrial recalibration is not just about reshoring, but flexibility in producing customised products quickly for customers,” said Paul Bjacek, chemicals research lead at consultancy Accenture. “That means you need local production and short supply chains – raw materials are needed locally. It’s not so much about polymer line speeds but flexibility. Customers are willing to pay a premium for customisation,” he added.

Spotlight

Petrochemistry focusing on refining, the production of olefin, aromatic hydrocarbon and organic chemicals. New chemical energy focusing on the production of synthetic natural gas, coal-to-liquids, coal-to-alcohol ether fuel (methanol fuel, ethanol fuel, methyl ether, polyoxymethylene dimethyl ethers), biomass new energy (biobase ethanol fuel, biodiesel) and coal’s grading conversion.

Spotlight

Petrochemistry focusing on refining, the production of olefin, aromatic hydrocarbon and organic chemicals. New chemical energy focusing on the production of synthetic natural gas, coal-to-liquids, coal-to-alcohol ether fuel (methanol fuel, ethanol fuel, methyl ether, polyoxymethylene dimethyl ethers), biomass new energy (biobase ethanol fuel, biodiesel) and coal’s grading conversion.

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CHEMICAL TECHNOLOGY

TotalEnergies and Honeywell sign a strategic agreement to promote the development of advanced plastic recycling

Honeywell | February 21, 2022

Honeywell and TotalEnergies announced a strategic agreement to promote the development of advanced plastic recycling. Under this agreement, Honeywell will agree to supply TotalEnergies with recycled polymer feedstock (RPF) using Honeywell's UpCycle Process Technology at the recently announced Honeywell and Sacyr advanced recycling plant, intended to be built in Andalucía, Spain. TotalEnergies will purchase and convert this raw material into virgin-quality polymers, which could be used for food-grade packaging and other high demanding applications. The UpCycle plant, which will be owned by a joint venture between Honeywell and Sacyr, is planned to process and convert yearly 30,000 tons of mixed plastic waste into RFP, that may otherwise be destined for landfill or incineration. The projected startup of the UpCycle plant is expected in 2023, with RPF to be used for the manufacturing of high-quality polymers in TotalEnergies' European-based production units. With identical properties to virgin polymers, the recycled polymers are expected to be suitable for a wide range of applications including food-grade applications, such as flexible and rigid food packaging containers. This first planned project represents the start of the collaboration between Honeywell and TotalEnergies in the field of advanced recycling. Both parties are committed to addressing the issue of plastic waste and helping to build a more circular and sustainable economy in Europe, and the rest of the world. "Plastics demand will continue to grow, so it's critical to create a linkage between waste management and plastics production to strengthen a circular flow of plastics. The relationship with TotalEnergies will provide a strong recycled polymer feedstock offtake partner and coupled with our recently announced advanced recycling plant with Sacyr, Honeywell is leading the drive toward a more circular plastics economy." Ben Owens, vice president and general manager, Honeywell Sustainable Technology Solutions "We are pleased to partner with Honeywell to tackle the issue of plastic waste through the development of advanced plastic recycling, and thereby the circular economy, one of the pillars of sustainable development. This project, with a 2023 targeted startup, will contribute to meet our ambition of producing 30% recycled and renewable polymers by 2030," said Valérie Goff, Senior Vice President, Polymers at TotalEnergies. About Honeywell Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. About TotalEnergies TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

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CHEMICAL MANAGEMENT

Sumitomo Corporation of Americas Announces its Participation in Japanese Hydrogen Forum; Aims to Develop Hydrogen Value Chain in the U.S.

Sumitomo Corporation of Americas | December 22, 2021

Sumitomo Corporation of Americas, the largest subsidiary of Sumitomo Corporation, one of the world's largest traders and investors of goods and services, announced today its participation in the Japanese Hydrogen Forum . The JH2F is comprised of a group of leading Japanese affiliated companies with hydrogen businesses in the U.S. that are intent on providing the latest information regarding technology and policy in hydrogen energy sectors, including state-of-art integrated hydrogen solutions to support the adoption from governments throughout the country. Japan and the United States are well aligned on their sustainability goals, especially since President Biden and Prime Minister Suga declared their shared goal of carbon neutrality by 2050. Hydrogen is a carbon-free energy resource, has high energy density to generate electricity and is an affordable source of energy storage. It can also be converted into renewable natural gas through methanation technology as well as into basic material resources such as resin. Even more, hydrogen is expected to be one of the major resources to decarbonize all industrial sectors, including transportation, power generation, heavy industry, commerce, and residential. For these reasons, JH2F was established to support the decarbonization goals of the Federal, State and Municipal governments in the U.S. by identifying and developing hydrogen solutions. "We are proud to be part of such a strong group of companies that are working toward the same goal of carbon neutrality within the United States. By drawing from our resources in Japan and the U.S., this multinational collaboration will accelerate the adoption of new technologies and solutions to help scale carbon-neutral energy on a nationwide level. We look forward to moving the needle toward achieving this important goal." Tak Niki, Chief Business Development Officer at Sumitomo Corporation of Americas JH2F is supported by the Japanese government and Japanese governmental organizations such as Japan External Trade Organization, New Energy and Industrial Technology Development Organization, Japan Oil, Gas and Metals National Corporation and Nippon Export and Investment Insurance. In order to materialize the collaboration on the U.S. side, JH2F will establish subcommittees in each sector, such as hydrogen production and supply, land transportation, port decarbonization, power generation and finance. "Hydrogen is the ultimate environmental technology that can decarbonize transportation, power generation, industrial heat, and materials. I am glad that an industrial organization based on Japan-US cooperation is established. The Japanese government and its agencies would like to support its activities," said Norihiko Saeki, Special Advisor to the Ministry for Economy, Trade and Industry/ Executive Director at JETRO Los Angeles.

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CHEMICAL MANAGEMENT

LBB Specialties LLC Acquires Custom Chemical Services, Inc

LBB | January 11, 2021

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