MARKET OUTLOOK

Advanced Petrochemical signs offtake deals for PP from planned complex at Jubail

Advanced | December 30, 2020

Saudi-based Advanced Petrochemical Company, a vital maker of polypropylene items, said its auxiliary, Advanced Global Investment Company (AGIC), has closed down take arrangements for the offer of polypropylene with two US-based gatherings - Vinmar International and Tricon Dry Chemicals - and Mitsubishi Corporation of Japan, said Chemweek.

According to the drawn out arrangement, AGIC will supply 250,000 metric tons for every annum of polypropylene each to Vinmar and Tricon Dry Chemicals, while Mitsubishi will get 120,000 MT, expressed Advanced Petrochemical Company in its recording to Saudi Tadawul.

The inventory of the whole polypropylene stock will be done from its Advanced Polyolefins Company (APOC) office in Jubail Industrial City set up as a joint endeavor with South Korea's SK Gas Petrochemical, it expressed.

When operational, the APOC plant will have the ability to deliver 800,000 metric ton for each annum of polypropylene.

As MRC educated before, Advanced Petrochemical Co. said its 85%-claimed auxiliary, Advanced Polyolefins Co. (APOC), acquired a contingent endorsement to make sure about SAR 3 billion credit from Saudi Industrial Development Fund (SIDF), as per a bourse proclamation. The credit, which can be dispensed until June 2025, is repayable in 16 semi-yearly portions, beginning July 2026, over a time of eight years. The credit will be ensured by contract on totally fixed resources of APOC to SIDF, notwithstanding giving corporate assurances from the investors of APOC.

Ethylene and propylene are feedstocks for delivering polyethylene (PE) and polypropylene (PP).

As indicated by MRC's ScanPlast report, Russia's assessed PE utilization totalled 1,760,950 tons in the initial ten months of 2020, up by 3% year on year. Just high thickness polyethylene (HDPE) and straight low thickness polyethylene (LLDPE) shipments expanded. Simultaneously, PP shipments to the Russian market arrived at 978,870 tons in January-October 2020 (determined utilizing the recipe: creation less fares in addition to imports less makers' inventories starting at 1 January, 2020). Supply of solely of PP arbitrary copolymer expanded.

Spotlight

Solvent recyclers are used to recover and recycle solvent that would otherwise need to be disposed of as wastewater or hazardous chemicals. Through a distillation process, useable solvent is separated from sediment, solids, and contaminants so that it can be used again, in the same manner as virgin chemicals.


Other News
CHEMICAL MANAGEMENT

Schneider launches "Pledge to Plan” for shippers to reduce carbon emissions

Schneider | August 01, 2022

Schneider a premier multimodal provider of transportation, intermodal and logistics services is hosting its Transportation Sustainability Summit in Long Beach, California, this week where the company will unveil to customers the “Pledge to Plan”, a process to support shippers in preparing their transportation strategy to meet the sustainability goals defined by their organization. “We are working together to understand, measure and reduce scope 3 emissions. We continue to advise customers on how the carbon footprint associated with transportation and supply chain fits into their overarching emissions reduction goals. We must challenge ourselves to pursue a more sustainable future by influencing those that we work with within the industry.” Schneider Senior Vice President of Van Truckload John Bozec As companies are becoming increasingly aware of the environmental issues around them, achieving sustainability in the supply chain is a critical corporate goal touching almost every industry. As a leader in the transportation and logistics industry, Schneider is proud to demonstrate how the organization continues to reduce its own environmental impact while leveraging knowledge and expertise to support customers across the supply chain in creating efficiencies. “No one sector is the answer to sustainability. Collaboration is the key to making meaningful change and reducing carbon emissions throughout the supply chain,” said Bozec. Schneider’s Transportation Sustainability Summit is the first-of-its-kind event for shippers to hear from industry experts on the acceleration of sustainability across transportation, alongside discussion of key trends and solutions that are leading the charge, such as electrification. Customers at the summit will receive a closeup look at Freightliner’s eCascadia, the manufacturer’s electric Class 8 truck. Schneider is planning to add 62 eCascadias to its southern California intermodal operations in late 2022/early 2023. “The scaling of zero-emission vehicles is a critical component of reaching our goal to reduce carbon emissions by 7.5% per mile by 2025 and by 60% per mile by 2035,” said Bozec. “Schneider is excited to be at the forefront of this pivotal evolution in the industry and continue educating the world around us on sustainable transportation opportunities.” About Schneider Schneider is a premier multimodal provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting. With nearly $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.

Read More

CHEMICAL TECHNOLOGY

Ricardo Innovative Climate-Repairing Carbon Negative Technology to Support National Energy Security

Ricardo | July 12, 2022

As part of its mission to support the decarbonisation of the global energy sector, Ricardo, a world-class, strategic environmental and engineering consulting company, has received 3million GBP from the UK Government to design, install and operate a combined heat and power demonstrator plant with a carbon negative footprint which will showcase climate repairing technology. The plant will demonstrate the effectiveness of community scale greenhouse gas removal and clean energy using sustainably-sourced forestry waste. The funding is awarded through the Net Zero Innovation Portfolio under the Department of Business, Energy and Industrial Strategy. Ricardo is leading the consortium delivering the demonstrator plant. The consortium combines an innovative carbon capture system developed by Ricardo with the hot air turbine technology from Bluebox Energy and pyrolysis technology from Woodtek Engineering. The quarter-sized demonstrator plant, which will be located at Holmsted Farm in West Sussex in the UK, will be commissioned and operational in 2023. It will demonstrate not only a highly innovative greenhouse gas removal technology, that in the full-size system can generate renewable heat and electricity for up to 300 local homes and businesses, but also a realistic carbon negative technology that can significantly contribute to net zero targets. “Ricardo is a trusted advisor to governments around the world on climate change policy and the transition to clean energy, and is also well known for its mission to decarbonise the global transport and energy sectors. In partnership with Bluebox Energy and Woodtek Engineering, this project will demonstrate that our innovative and integrated carbon capture system can be used to benefit local communities, bolster the UK’s reputation as a pioneer in negative emission technologies, and provide a sustainable and commercially viable pathway to net-zero while also delivering national energy security.” Tim Curtis, Managing Director, Ricardo Energy and Environment Ricardo’s project is one of several across the UK which will benefit from a share of over 54 million GBP to develop technologies that remove carbon emissions from the atmosphere. Announcing this investment, UK Government’s Energy and Climate Change Minister Greg Hands said: “This 54 million GBP government investment will help establish a greenhouse gas removal industry in the UK, which could be worth billions to our economy, bringing in private investment and supporting the creation of new green jobs.” The technology works by taking sustainably sourced waste wood from domestic timber production and then processing it in three ways: producing biochar (a product similar to charcoal); generating heat and power; and capturing carbon dioxide from the exhaust. The technology, therefore, captures around 95% of the carbon content in the wood. It also produces commercially marketable carbon products: the biochar can be used by farmers to enrich soil and add to animal feed to reduce ruminant emissions. The industrial-grade carbon dioxide can either be used for making low-carbon concrete or in the food and drinks industry to replace carbon dioxide derived from industrial processes which rely on imported natural gas. A full-size system will remove 16,000 tonnes of carbon dioxide per year from the atmosphere. Ricardo has been collaborating with Bluebox Energy since June 2020 to deliver innovative technologies that support the transition to a low carbon future. This project is a further boost to Ricardo’s credentials in tackling climate change and meeting national net zero targets. Ricardo is currently actively supporting clients in Europe in innovative carbon capture technologies and has advised the UK Government on the potential of bioenergy with carbon capture in the UK. Ricardo supports clients across a wide range of industries develop their industrial decarbonisation plans on the route to net zero. About Ricardo Ricardo plc is a world-class strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 100 years of engineering excellence and employing close to 3,000 employees in more than 20 countries, we provide exceptional levels of expertise in delivering leading-edge and innovative cross-sector sustainable products and solutions. Every day, we enable our customers to solve the most complex and dynamic challenges to help achieve a safe and sustainable world. Department for Business, Energy & Industrial Strategy This funding has been made available from the government’s £1 billion Net Zero Innovation Portfolio, which looks to accelerate the commercialisation of low-carbon technologies and systems, through its Direct Air Capture and Greenhouse Gas Removal Innovation Competition. This competition will provide funding for developing technologies that enable the removal of greenhouse gases from the atmosphere in the UK.

Read More

CHEMICAL MANAGEMENT

Groupe Berkem and Soprema Collaborate to Design Unprecedented Insulating Panels for the Market

Berkem | June 17, 2022

A specialist in integrating plant-based chemistry into everyday life — and the SOPREMA Group have made their collaboration official. This collaboration is aimed at marketing PAVATEX wood fibre insulating panels that incorporate a unique bio-based anti-fungal solution developed and formulated by Groupe Berkem. The solution's benefits include improved performance and resistance of insulation panels to microorganisms and increased durability. This is another illustration of Groupe Berkem's commitment to supporting the ecological transition of the construction industry. As part of its R&D programme to increase the proportion of bio-based materials in its products, SOPREMA approached Groupe Berkem in order to integrate a low environmental impact bio-based treatment that resists microorganism growth into its complete range of PAVATEX wood fibre-based thermal insulation products for buildings. Groupe Berkem has thus developed a unique fungicidal formula, incorporating a plant-based preservation process. This patented solution contains a polyphenolic extract used in a bio-based formulation, which enables SOPREMA to offer wood fibre panels that are more tolerant of both processing and durability conditions. This new range of insulating materials, which has been in testing for almost three years, will be available on the market by the first quarter of 2023. SOPREMA will propose the range to all building insulation professionals. “The development of a unique solution that meets the needs of the market is the result of the collaboration between our two Groups and the pooling of our technical expertise. For Groupe Berkem, this collaboration agreement is part of our continuous commitment to supporting the transition of chemical substances to eco-responsible and bio-based solutions. Thus, the Group is reaffirming its position as a leader in plant-based chemistry serving manufacturers” Olivier Fahy, Chairman and CEO of Groupe Berkem “The SOPREMA Group provides high-performance, innovative and responsible solutions that meet the challenges of today's and tomorrow's buildings. The collaboration with Groupe Berkem is part of our global R&D strategy to increase the proportion of bio-based materials in our products. This partnership guarantees the optimal technical performance of our PAVATEX wood fibre panels and consolidates our position as a responsible player, particularly by introducing the 1st low impact solution to the market” added Pierre-Etienne BINDSCHEDLER, President of SOPREMA. ABOUT GROUPE BERKEM Founded in 1993, Groupe Berkem is an industrial chemical group organised into 4 business units and 4 subsidiaries: Plant Extraction (led by BERKEM SAS), Freeze-drying (EUROLYO), Formulation (ADKALIS) and Resin Synthesis (led by LIXOL). Groupe Berkem is a leading player in plant-based chemistry, with a mission to fast-track the ecological transition of players in the everyday chemical industry (cosmetics, food, construction, public hygiene, etc.) The Group employs nearly 165 people at its headquarters (Blanquefort, Gironde), and has 3 industrial sites located in Gardonne (Dordogne), La Teste-de-Buch (Gironde) and Chartres (Eure-et-Loir). Groupe Berkem has been listed on Euronext Growth Paris since December 2021. ABOUT SOPREMA SOPREMA is an independent family-owned group that dates back to 1908, and it is one of the world's leading companies in the field of protection, energy efficiency and building management. As a responsible and pioneering manufacturer, the Group is now a key player in this sector. SOPREMA offers high-performance, high-tech solutions that meet all the challenges of new residential and non-residential construction and renovation. SOPREMA systems are developed in keeping with eco-design, and now offer exceptional performance in terms of quality and longevity. SOPREMA's vision: taking action to enhance the built heritage and comfort of users while reducing their impact on the environment.

Read More

CHEMICAL MANAGEMENT,SCIENCE AND RESEARCH

Imperial and E3 Lithium form strategic agreement on lithium pilot project in Alberta

Imperial | June 24, 2022

Imperial Oil Limitedand E3 Lithium announced a collaboration to advance a lithium-extraction pilot in Alberta, exploring the redevelopment of an historic oil field into a potential new leading source of lithium for Canada’s growing critical minerals industry. The pilot will support E3 Lithium’s Clearwater project, which will draw lithium from under the Leduc oil field, Imperial’s historic discovery that first launched major oil and gas development in Western Canada. E3 Lithium’s proprietary technology is designed to extract the critical mineral from the lithium-rich brine, with potential for commercial development of battery-grade products. “This exciting collaboration brings together Imperial’s long-standing commitment to research and technology to help test and scale E3’s lithium-recovery technology. We continue to advance the innovation and technologies needed to support the energy transition, working in collaboration with governments and industry to progress new opportunities from existing assets and sector expertise.” Jason Iwanika, director of commercial business development at Imperial “E3 Lithium and Imperial share an interest in the diversification of the Alberta economy, local job creation and sustainability,” said Chris Doornbos, CEO of E3 Lithium. “Leduc No.1, Imperial’s first well into this reservoir, was one of Imperial’s most prolific oil discoveries in Alberta and transformed the provincial and Canadian economies, much like lithium has the potential to do. Having Imperial now working with E3 Lithium in exploring the redevelopment of Leduc into a world-class source of lithium is an exciting new chapter in Alberta and Canada’s story.” The pilot project includes drilling Alberta’s first lithium evaluation wells, planned to be completed by the end of the third quarter of this year. Work will also focus on scaling up E3 Lithium’s proprietary technology, which brings the brine liquid to the surface where the lithium is removed and concentrated. This liquid is immediately returned underground as part of a closed-loop system. E3 Lithium’s PEA1 estimates the first phase of development could produce approximately 20,000 tonnes of lithium hydroxide per year. Under the agreement, E3 Lithium will continue to operate the Clearwater project and retain its IP, with technical and development support from Imperial in areas such as water and reservoir management. The agreement also includes access for E3 Lithium to freehold lands in the area, which are operated by Imperial. As part of the agreement, Imperial has agreed to invest CAD $6.35 million into E3 at a pre-paid price of CAD $1.86/warrant and the issuance of 3,413,979 warrants. Each warrant provides the holder the option to exercise the warrant for one common share of E3. The warrants are immediately exercisable, non-transferrable, expire in 24 months and are non-refundable. About E3 Lithium E3 Lithium is a lithium development company with 7.0 million tonnes of lithium carbonate equivalent (LCE) inferred mineral resources1 in Alberta and an NPV8% on its Clearwater Lithium Project of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax1. Through the successful scale up its DLE technology towards commercialization, E3 Lithium’s goal is to produce high purity, battery grade, lithium products. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world. About Imperial After more than a century, Imperial continues to be an industry leader in applying technology and innovation to responsibly develop Canada’s energy resources. As Canada’s largest petroleum refiner, a major producer of crude oil, a key petrochemical producer and a leading fuels marketer from coast to coast, our company remains committed to high standards across all areas of our business.

Read More

Spotlight

Solvent recyclers are used to recover and recycle solvent that would otherwise need to be disposed of as wastewater or hazardous chemicals. Through a distillation process, useable solvent is separated from sediment, solids, and contaminants so that it can be used again, in the same manner as virgin chemicals.

Resources