Crude Oil to Chemicals (COTC): A Major Disruptor

Are you starting a new small chemical business or interested in a new product line? In 2018, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs provided $2.3 billion in financial assistance. In addition, more than a dozen government agencies set aside 1.5% to 3% of their R&D budgets for small businesses to provide tasks or products that still need to be developed.

Without mobile water and wastewater treatment systems, end users across all industries would incur sever service disruptions, regulatory non-compliance issues, and an inability to cater to agile needs for mobile activity in select industries, such as Oil & Gas. The critical nature of products and services in this market presents growth opportunities at all levels. Despite three key market participants, GE Water & Process Technologies, Evoqua, and MPW Industries, the range of technologies used and low customer loyalty present market openings for many organizations. Those that cater to industry needs and understand their demands can make strong inroads in the future.

Digital solutions are the key strategic tool for organizations navigating sustainable technology and accelerating project delivery. With the increasing investments into sustainability, companies need to innovate and transform their business strategies to make these initiatives viable and profitable.

Oligonucleotides (oligos) have become fast-growing modalities in recent years. Along with the development of these candidates has come the increased need for robust analytical methods and easy-to-use data analysis workflows to characterize them.