CHEMICAL TECHNOLOGY
Saga Pure ASA | January 25, 2021
Saga Pure ASA has as a foundation financial specialist, resolved to buy in and be dispensed offers for NOK 30 million out of a private position of new offers in CRC Holding B.V ("Pryme"). Following the Private Placement Saga will claim around 4% of the organization.
“Over the last few years the world has come to truly understand the negative impacts plastic waste has on the ecosystems, and there is a strong need for innovative solutions to tackle the issue. One important pillar for handling the plastic issue is efficient recycling. Pryme has developed a solution which combines a high conversion rate along with large scale, both crucial to improve the economics of such operations, and by utilizing electricity for the process also enables a potentially zero overall carbon footprint,” says Bjørn Simonsen, CEO of Saga Pure.
Pryme is an organization situated in Rotterdam, the Netherlands with an accomplished group with foundation from the reusing, crude materials, pyrolysis, chemical and construction industry. The organization will utilize a changed pyrolysis cycle to change over plastic waste into pyrolysis oil, which will be additionally refined downstream for creation of new plastics.
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MARKET OUTLOOK
Global Market Insights Inc. | November 15, 2021
The heating & cooling market revenue is projected to cross USD 1,400 billion by 2027 as reported in the latest study by Global Market Insights Inc. owing to increasing energy consumption along with rising infrastructural spending. The introduction of green building standards along with favorable government reforms & policies to improve sustainable energy mixes will foster the industry landscape. Paradigm shift toward the integration of thermal energy storage technologies along with increasing district heating and cooling demand will accelerate the business expansion.
Rising investments in residential infrastructure for the construction of multi-story buildings along with the developing real estate sector will favour the multi-family residential heating and cooling industry dynamics. Refurbishment and expansion of sustainable heating networks in line with the energy efficiency standards will complement the business dynamics.
Increasing energy demand along with large & medium-scale investments toward the adoption of sustainable district heating units will boost the business landscape. The district heating segment has observed a substantial development owing to its environmental-friendly and economical nature. The heat delivered from these units is produced in an eco-friendly manner that reduces the effect of GHG emissions, positively encouraging the technology demand. Favourable government policies restricting carbon emissions together with the accelerating adoption of green energy will thrust the industry outlook.
Some prime findings of the global heating & cooling market report include
The heating & cooling industry is anticipated to grow owing to rising demand for sustainable heating along with rising investments in residential and commercial infrastructures.
Ongoing technological developments to deploy enhanced thermal heating & cooling units will positively encourage the business outlook.
Eminent players operating across the global heating & cooling market include Siemens, Johnson Controls, Daikin, Engie, Trane, and Haier Group, amongst others.
Large-scale renewable integration followed by shifting focus toward the adoption of smart heating units will positively influence the industry scenario.
Browse key industry insights spread across 1,175 pages with 2,285 market data tables & 31 figures & charts from the report, "Heating & Cooling Market Forecasts By Category (Heating, Cooling), Application (Industrial, Residential, Service Sector), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027,"
The COVID-19 has hit the world in an exceptional manner and affected the global economy drastically. The pandemic has resulted in lockdowns and curfews across the globe to avoid virus transmission and has further led respective governments to promote social distancing. In addition, the lack of labour and unavailability of raw materials have further resulted in ceased production and disruptions in the supply chain & distribution network. However, proper vaccination programs and beneficiary measures by governing authorities will lead the industry to come back to its normal position.
Middle East heating & cooling market is set to gain momentum owing to the rapidly changing technological advancements along with extreme climatic conditions. Growing inclination toward advanced district cooling infrastructure favoured by commissioning of large number of projects across the region will foster the industry dynamics. For, instance, in 2020, Empower connected Avani Palm View Dubai Hotel & Suites an urban project to its cooling network supplying cooling capacity of TR 2,610 connecting 527 hotel & residential units along retail outlets as well as advanced office spaces. Moreover, the rising per capita income coupled with shifting consumer focus toward luxury & smart technological units will positively sway the business outlook.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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CHEMICAL TECHNOLOGY
Kebotix, SCM | December 01, 2021
Capitalizing on each other's areas of expertise to advance materials innovation, Kebotix, a U.S.-based technology platform company that transforms discovery of new chemicals and materials through AI and robotics, and SCM, a Netherlands-based computational chemistry software company specializing in accurate property prediction methods through atomistic modeling, have announced a strategic partnership.
The collaboration between Kebotix and SCM is intended to enable innovative customers to drastically scale up and computationally screen far greater quantities of molecules and materials than via today's laborious and costly norm of trial and error.
The two companies believe that integrating Kebotix's platform with SCM's software makes for a unique and powerful combination that will spawn faster and cost-effective new materials for the benefit of a host of industries and a world in need of sustainable solutions to life-threatening challenges.
"The complementary expertise of SCM in computational chemistry and Kebotix's experience in cloud-based AI-driven workflows offer a radically new way to speed up computational research with the goal of delivering new molecules and materials with improved properties much faster than the current state of the art,"
SCM CEO Dr. Stan van Gisbergen.
Added Dr. Fedor Goumans, SCM's chief customer officer: "Currently, our industrial users in diverse areas such as petrochemistry, batteries and electronics are already advancing their research using our various atomistic methods. The new collaboration will accelerate virtual materials exploration, reducing costs and time to market. The combined platform will also help experimental researchers with no computational chemistry experience."
Active learning enables exploration of new areas of chemical space that maximize the possibility to find the best new candidate materials, according to the companies. Moreover, they said, integrating atomistic simulations with advanced AI into a scalable, flexible and secure platform empowers innovators to find the best solution more quickly and with fewer resources.
"Massive accelerations can be achieved by integrating SCM's four-decade-long history of making and supporting atomistic modeling software with Kebotix's proven advanced machine learning techniques," said Dr. Christoph Kreisbeck, Kebotix chief commercial officer. "Using the ML methods that greatly attributed to Kebotix earning "Technology Pioneer" status by the new structures can be proposed to explore an even larger part of the chemical space, potentially leading to exciting new solutions that are commercially viable and meet global sustainability goals."
Markets expected to benefit by this partnership include organic electronics, particularly in the organic light-emitting diodes space, along with batteries, semiconductors, polymers and catalysts, according to Kreisbeck.
About Kebotix
Kebotix transforms discovery and development of breakthrough chemicals and materials for the 21st century, adding certainty to science by using today's most advanced artificial intelligence, machine learning and robotics. By automating the scientific method using a proprietary closed-loop R&D process to predict and produce new chemistries in a self-driving lab, Kebotix's digital platform empowers lab researchers. Advancements include increased ROI and time-to-market being accelerated from years to mere months. From smarter windows and greener packaging to cleaner pigments and safer pesticides, Kebotix creates materials for a new age of innovation and a better, more sustainable place to live.
About SCM
SCM's core strengths are related to atomistic scale modeling of molecules and periodic structures in chemistry and materials science. SCM's Amsterdam Modeling Suite (AMS) covers multiple methods including density functional theory, reactive molecular dynamics and fluid thermodynamics. The company's domain experts have a long track record in software development to target challenging real-life problems by enabling high-throughput and multiscale simulations. SCM, which stands for Software for Chemistry & Materials, collaborates with its academic and industry partners to integrate the latest computational methods in its efficient and easy-to-use software suite, thus enabling solutions to challenging research problems and, in a broader context, tackle societal challenges of current and future generations.
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