Argus | August 12, 2021
Energy and commodity price reporting agency Argus has acquired Oleochem Analytics, a provider of renewable chemicals market information. Oleochem Analytics produces price assessments, market intelligence, news, and analytics for the global oleochemical and pine chemical markets.
With subject matter experts in Europe, the US, Brazil and China — who collectively have decades of market expertise — Oleochem Analytics is the leading information source on high-growth renewable chemicals, which sit at the intersection of chemicals, biofuels and agriculture markets.
Argus Media chairman and chief executive Adrian Binks said: "Oleochem Analytics is an excellent extension to our coverage of renewables and complements Argus' growth strategy. With its high-quality products and favourable market tailwinds, it has attracted a very impressive customer base. We are pleased to add market experts with unparalleled sector expertise to our team and further expand our chemicals coverage."
Leela Landress Perez and Carlos Perez, the co-founders of Oleochem Analytics, commented: "We are very passionate about the global renewable chemical markets and look forward to joining forces with Argus, leveraging their trusted brand, global reach and scale. Together, we will be able to further enhance our existing product portfolio, better serve our existing and new customers, and accelerate product development into related biochemical markets for which we already hear interest from the market."
Argus is an independent media organisation with almost 1,100 staff. It is headquartered in London and has 26 offices in the world's principal commodity trading and production centres. Argus produces price assessments and analysis of international energy and other commodity markets and offers bespoke consulting services and industry-leading conferences.
Companies in 140 countries around the world use Argus data to index physical trade and as benchmarks in financial derivative markets as well as for analysis and planning purposes.
Showa Denko | September 01, 2020
Showa Denko obtained a license to process industrial waste, and started to accept used plastics which were crushed and molded. Since 2003, SDK's Kawasaki Plant, which is located in Kawasaki City, Kanagawa Prefecture, has been operating "plastic chemical recycling business," a business to recycle used plastics as raw materials for chemicals under the provisions of Containers and Packaging Recycling Law. SDK calls this business "Kawasaki Plastic Recycling (KPR)." We gasify used plastics under high temperature, and decompose them to the level of molecules. Then gasified plastics are converted into hydrogen (low-carbon hydrogen) and carbon dioxide (CO2). We use low-carbon hydrogen as raw material to produce ammonia, and CO2 as raw material to produce dry ice and carbonated drinks.
Neste Corp. | November 11, 2020
Neste Corp and LG Chem Ltd.announced their expect to construct a key long haul association to create and develop the biopolymers and biochemicals market all around the world, and all the more explicitly, in LG Chem's home market Korea.
On account of the association, LG Chem will begin supplanting fossil feedstock ordinarily utilized in the assembling of polymers and synthetic substances with Neste Renewable Hydrocarbons in the impending months. This encourages LG Chem to create inexhaustible polymers and synthetic substances to meet the expanding maintainability necessities and desires for its clients –, for example, those delivering polyolefin-based holders, bundling, cleanliness items, and electronic materials – without settling on quality, execution or recyclability of its items.
“We are delighted to start collaborating with LG Chem, a company with one of the most diverse polymers and chemicals offerings in the world, to make an increasing impact on the global industry’s transformation towards a circular bioeconomy. This cooperation enables us to further expand the portfolio of applications that can benefit from Neste’s renewable drop-in solutions”, says Mercedes Alonso, Executive Vice President, Renewable Polymers and Chemicals from Neste.
“LG Chem’s proprietary technology and significant market share of diverse chemical products and Neste’s sustainable solution based on renewable hydrocarbons, have come together in a partnership that will pave the way for sustainable growth in building a circular bioeconomy for both parties and also the global industry”, says Kug Lae Noh, Executive Vice President and the President of Petrochemicals Company from LG Chem.
Neste’s renewable hydrocarbons are produced entirely from traceable, bio-based raw materials, such as waste and residue oils and fats, providing a high-quality, more sustainable alternative to fossil feedstock.