Agilyx Uses Chemical Recycling Tech to Make Multiple Product Categories

Agilyx | July 15, 2020

Agilyx Uses Chemical Recycling Tech to Make Multiple Product Categories
There are a number of chemical recyclers pitching proprietary technologies whereby wasted plastics can be converted to one of several categories. One involves converting plastic to the same or similar plastics; one involves making chemical raw material to refine into other plastics; another entails making fuel from plastics.

Companies commonly focus on one of these three product categories. But Agilyx CEO Joe Vaillancourt says his company can make multiple products in each of those categories, enabling the capture of more material to create more products.

Agilyx uses the same core platform for each application, involving pyrolysis, whereby heat is applied with no oxygen to break down the chemical bonds of plastic to reform it. But figuring out how to make specific products from each material can be complex.

Spotlight

OSHA’s HazCom 2012 regulations clarified and standardized rules for chemical labeling in the United States, but questions remain. This simple flowchart helps you decide how to label chemicals in your facility for safety and compliance. It helps you choose labels based on whether the material is hazardous and where the container will be sent.


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CHEMICAL MANAGEMENT

Seeking broader international footprint and portfolio of products, Mott acquires ASCO Filtri--its longtime partner in Europe.

Mott Corporation | January 14, 2022

Mott Corporation, a technology-driven, precision filtration company, acquired ASCO Filtri, its longtime strategic partner in Europe which designs and manufactures filtration solutions for a broad range of markets. Customers are increasingly seeking partners that can provide the highest level of support and quick response to their filtration needs around the globe. A combined, expanded presence throughout North America, South America, Europe, Asia, Africa, and the Middle East gives Mott and ASCO Filtri the ability to manage and deliver mission critical filtration projects and products worldwide. Further, this combination creates a filtration and fluid control company with an extensive material selection for the most demanding customer applications in key markets including Semiconductors, Life Sciences, Clean Energy, Oil/Gas, Petrochemicals, Chemicals, Water Purification, and Aerospace & Defense. Mott's expanded product selection will now include reusable and disposable porous metal, ceramic, polymer filters and a wide range of complementary offerings such as spargers, coalescers, and skids. "Being part of Mott Corporation extends ASCO Filtri's global reach and increases the range of solutions we can offer to our customers. I've known and admired Mott for many years and this formal combination is a natural evolution of our partnership to better service customers," said Ennio Michelini, Managing Director of Asco Filtri. "The acquisition of ASCO Filtri, our long-term partner in Europe, Middle East, and Africa creates proximity to our global customers and expands our products and design capabilities. We have worked as a close partner with ASCO Filtri for quite some time and have always been impressed by the quality of their people, technical capabilities, and strong product offering – all of which are quite complementary to Mott," Boris Levin, CEO of Mott Corporation ASCO Filtri will retain its team and locations. Ennio Michelini, Managing Director, and Massimo Mascheroni, General Manager, will join the Mott leadership team and will continue to manage ASCO Filtri business. It will now operate under the name ASCO Filtri: A Mott Company. About Mott Mott is a technology-driven, precision filtration company trusted by the world's best technical and performance brands across four core markets: Medicine, Computing Power, Clean Energy, and Space Exploration. Mott's products can be found in everything from lifesaving medical devices to artificial intelligence to the Mars Rover. Established in 1959 and headquartered in Farmington, Connecticut the company is 100% employee owned. About ASCO Filtri ASCO Filtri is a filtration company specialized in process filtration, able to design and manufacture solutions for a broad range of markets: Oil & Gas, Petrochemicals, Specialty Chemicals, Water Treatment, Food and Beverage, and Pharmaceutical. The company is headquartered in Binasco, Italy, outside of Milan.

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CHEMICAL MANAGEMENT

PEAK ROCK CAPITAL AFFILIATE COMPLETES ACQUISITION OF XENON ARC

Peak Rock Capital | December 22, 2021

An affiliate of Peak Rock Capital ("Peak Rock"), a leading middle-market private investment firm, announced today that it has completed an acquisition of Xenon arc Inc. in partnership with the management team of the Company. Xenon arc is a leading technology-enabled provider of managed services to food & beverage, industrial, and chemical producer clients. The Company manages its clients' long tails of thousands of SMB customers collectively through its service offering including technical sales, support, technology and distribution services. Headquartered in Bellevue, Washington, with operations across the United States, Europe and South America, the Company has built a strong reputation in the industry for exceptional service, technical capabilities and driving clients' revenue growth. "Xenon arc represents a unique opportunity to invest in a technology-enabled services platform with a strong leadership position in managed services to materials producers. We are impressed with the Company's track record of growth and look forward to partnering with the Company to accelerate the execution of its business plan, which includes strategic growth investments that would expand Xenon arc's service capabilities, technology offerings and geographic coverage." Steve Martinez, President and Managing Director of Peak Rock Paul Warburg, President and CEO of Xenon arc, commented, "We are excited to partner with Peak Rock as we embark on our next phase of growth. Peak Rock has a deep understanding of our business, and a compelling track record of supporting companies and management teams in driving innovation and building leading platforms. We look forward to our partnership, which will position the Company to accelerate its rapid growth by expanding its service capabilities, geographic footprint, and empower Xenon arc to continue to invest in its technology and leading talent." "This transaction exemplifies Peak Rock's commitment to invest in high growth technology-enabled services businesses. We continue to seek tech-enabled platforms that we believe can benefit from our ability to drive transformational growth through organic initiatives and strategic acquisitions," added Anthony DiSimone, Chief Executive Officer of Peak Rock. ABOUT XENON ARC Xenon arc is a leading technology-enabled services provider of technical sales, support, technology and distribution solutions to clients and their SMB customers across the food & beverage, industrial, and chemical industries. Xenon arc's direct-to-market solutions provide end-customers with direct contact with a customized extension of clients' sales, marketing, and technical capabilities. The Company was founded in 2010 and is headquartered in Bellevue, Washington. Xenon arc also serves South America and Europe through its teams in Brazil, Mexico and the Netherlands. ABOUT PEAK ROCK CAPITAL Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock's equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock's credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock's real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies.

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CHEMICAL TECHNOLOGY

UGI and Vertimass Enter Agreement to Produce Renewable Fuels in the U.S. and Europe

UGI Corporation | January 06, 2022

UGI Corporation announced today that it has entered into a 15-year agreement with California-based technology developer, Vertimass, to utilize their catalytic technology to produce renewable fuels from renewable-ethanol in the U.S. and Europe. The agreement centers on the development of production facilities using Vertimass’ catalytic technology to convert renewable ethanol into renewable-propane and sustainable aviation fuel (SAF). The technology enables flexible production of the renewable fuels to align with regional market demand. Up to 50% of the total production capacity from the facilities can be renewable-propane that will support UGI’s ongoing efforts to provide innovative, low-carbon, sustainable energy solutions to its customers. UGI expects to invest either solely, jointly with Vertimass or in partnership with third parties to build and operate multiple production facilities over the next 15 years in locations across the U.S. and Europe, significantly increasing the supply of renewable-propane and SAF. UGI anticipates a total investment of roughly $500 million for the bolt-on production facilities over a 15-year period, including potential third party investment, with total production target from these aggregated facilities of approximately 1 billion gallons of combined renewable fuels per annum. The goal is to have the first production facility onstream in fiscal year 2024 with an annual production target of approximately 50 million gallons of combined renewable fuels. Vertimass employs catalytic technology to convert renewable ethanol and other renewable alcohols into renewable hydrocarbon fuels that are compatible with the existing equipment and infrastructure. This technology can be bolted on to existing ethanol production facilities, optimizing GHG emissions reduction, and bringing further end product diversification to the existing ethanol producer. The introduction of such ethanol-based “bio-refineries” is an attractive proposition for skilled job development and the opportunity to further drive energy independence using local resources. “This is another significant milestone in our commitment to providing renewable fuels to our customers. Our business development team continues to seek out innovative opportunities and I am delighted with our newly established partnership with Vertimass. We believe this partnership will deliver significant renewable LPG for our customers as well as bring investment opportunity to interested stakeholders.” Roger Perreault, President and Chief Executive Officer of UGI Corporation Charles Wyman, Vertimass President and Chief Executive Officer, continued “Vertimass is extremely excited to work with UGI to commercialize our breakthrough technology. UGI and Vertimass have built strong relationships over the last year, which we believe will cement success.” Bill Shopoff, Vertimass Chair, noted “Together we will take advantage of this unique low-cost technology to transform ethanol facilities and produce renewable fuels that will cover UGI’s global footprint, as well as enable the production of SAF.” More About the Technology Vertimass is developing a unique Consolidated Alcohol Deoxygenation and Oligomerization technology to allow produce sustainable aviation fuel (SAF) and diesel blendstocks that are compatible with the current transportation fuel infrastructure as well as LPG eliminate the ethanol “blend wall” by converting ethanol into fungible gasoline components for powering light duty vehicles, produce intermediates used to make plastics and other higher value products, and possibly debottleneck processes to increase throughput with little additional costs other than for feedstock. CADO completely converts wet ethanol into targeted hydrocarbons in a simple reactor system at moderate temperatures and near atmospheric pressure without adding hydrogen. Other benefits include the ability to lower plant water usage, reduce overall energy consumption, and drop GHG emissions to levels required for the Renewable Fuel Standard (RFS) Advanced Biofuel category. Introduction to Renewable-LPG (Renewable Propane) Renewable LPG, also known as renewable-propane, is chemically identical to today’s fossil LPG and therefore can be used with existing infrastructure. It has up to 80% lower carbon footprint than that of conventional LPG. About UGI Corporation UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania and West Virginia, distributes LPG both domestically and internationally, manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas in the eastern region of the United States and California, and internationally in France, Belgium, the Netherlands and the UK. About Vertimass Vertimass LLC is based in Irvine, California. The mission of Vertimass LLC is to develop and widely license breakthrough technologies that substantially expand production of sustainable transportation fuels and chemicals that reduce greenhouse gas emissions and improve energy security and domestic economies. Commercialization of proprietary Vertimass technology can overcome the blend wall that currently impedes expansion of ethanol production from multiple sources of biomass and open up large new markets for aircraft and heavy-duty vehicle fuels and for chemicals not currently amenable to ethanol.

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MARKET OUTLOOK

Connecting Old and New: Ceresana Examines the European Market for Adhesives

Ceresana | March 29, 2021

Future mobility will depend on innovative joining technology. Even today, a new car contains around 18 kg of adhesives - from heat-dissipating protective layers for battery cells to lightweight chassis and crash-proof windows. Where screws, rivets, or welds were used in the past, the automotive industry is now increasingly using adhesives. Ceresana has now examined the European market for adhesives for the fourth time: In 2019, a total of around 3.51 million tonnes were utilized. The market researchers expect sales generated with adhesives across Europe to grow by 0.5 % per year until 2027. Combining Established and Innovative Materials This latest study by Ceresana not only examines the growing use of adhesives in the automotive industry, where aluminum and fiber-reinforced plastics have to be joined with steel in a strain-free manner. An astonishing amount of paper is still needed in spite of digitalization and an increasing number of plastics: The most significant sales market for adhesives in 2019 was the segment paper and packaging with around 29% of total European usage. The construction industry came in second by a slight margin. Other major application areas for adhesives are wood processing, shoes and leather, as well as other consumer goods. Plastics with Special Properties Vinyl adhesives, which offer a particularly broad range of applications, constituted the most important product type in 2019. Adhesives based on polyvinyl acetate (PVAC) are also among the most important grades. Polyvinyl acetate is additionally used to produce polyvinyl alcohol (PVA), which is likewise used as an adhesive, e.g. for porous materials such as paper, cardboard, wood, cork, or leather. The primary consumers of vinyl adhesives are the paper, packaging, wood products, and construction industries, which use mainly water-based products and hotmelt adhesives. Looking for Alternatives to Solvents Physically setting adhesives in particular contain between 30 and 60 percent (by weight) of organic solvents, which evaporate from glued surfaces and from open tubes or bottles. Aromatic hydrocarbons are considered to be not only a fire hazard but also a health risk: Their vapors, such as those of xylene or toluene, can be addictive and are suspected of being carcinogenic and mutagenic. Alternatives that are less harmful to health and the environment are therefore increasingly sought after. In Europe, water-based adhesives already accounted for over 50% of total consumption in 2019. However, if an adhesive contains only water as a solvent, then preservatives must be added to it, which can in turn be problematic for people suffering from allergies. This study by Ceresana provides a breakdown of the adhesives market by technologies: water-based adhesives, hotmelt adhesives, solvent-based adhesives, reactive adhesives, and other products. The Study in Brief: Chapter 1 provides an overview and analysis of the European market for adhesives - including forecasts up to 2027: the development of sales, demand per application, trade, and production is presented for each country. The 8 largest countries are additionally analyzed with regard to adhesive technologies (water-based adhesives, hotmelt adhesives, solvent-based adhesives, reactive adhesives, other technologies) and adhesive types. Chapter 2 analyzes the various applications of adhesives in depth: Data and influential factors on their use in the segments paper and packaging, construction, wood processing, transportation, shoes and leather, consumer goods, and other applications. Additionally the chapter looks at the demand for individual adhesive types: vinyl, acrylic, polyurethane (PUR), elastomers, epoxy, and other adhesives. Chapter 3 presents a useful manufacturer's directory with the 82 most important adhesive producers, clearly arranged according to contact information, sales, profit, product range, production sites, profile summary, and specific information on adhesives. Further information: www.ceresana.com/en/market-studies/industry/adhesives-europe/ About Ceresana As one of the world's leading market research institutes, Ceresana is specialized in the segments chemicals, plastics, packaging, and industrial goods with a focus on transportation / mobility. Companies have been benefiting from our high-quality industry analyses and forecasts since 2002. More than 200 market studies provide more than 10,000 customers around the world with the knowledge base for their sustainable success. Find more information about Ceresana at www.ceresana.com Ceresana Mainaustrasse 34 78464 Konstanz Germany Press contact: Martin Ebner, m.ebner@ceresana.com

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Spotlight

OSHA’s HazCom 2012 regulations clarified and standardized rules for chemical labeling in the United States, but questions remain. This simple flowchart helps you decide how to label chemicals in your facility for safety and compliance. It helps you choose labels based on whether the material is hazardous and where the container will be sent.

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