Chemical Industry Leads the World in Fight Against Coronavirus

Yahoo Finance | April 01, 2020

Chemical companies across the globe have ramped up efforts to combat the coronavirus pandemic that continues to spread with no signs of abating. The global chemical industry is scaling up the supply of essential products – from raw materials for hand sanitizers to personal protective equipment (PPE) materials – in response to this health predicament. With the number of coronavirus cases around the world continuing to climb, demand for preventive products has skyrocketed. Critical items such as hand sanitizers, masks and gloves are flying off the shelves as people continue to stock up amid the worsening scenario. Medical, health and safety products are currently in short supply amid the pandemic that has so far claimed more than 42,000 lives and infected more than 850,000 people globally. Notably, outbreak in the United States, Italy, Spain, Germany and France has worsened over the past several days. It has rattled global stock markets on concerns over broader economic impacts.

Spotlight

We sat face 2 face with Louis Munnik of CRC Industries, to discover what the food industry needs to know about using industrial chemicals and lubricants in their food facility. Food processing equipment requires tough, durable lubricants that must withstand conditions such as washdowns, high oven temperatures and areas susceptible to high contamination.


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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

CHEMISTRY LAUNCHES MULTICULTURAL PRACTICE CHEMISTRY CULTURA™

Chemistry Cultura | January 28, 2022

Chemistry announced the launch of Chemistry Cultura™, a new practice which will concentrate on helping Fortune 500 brands meaningfully engage with Latin markets. Chemistry Cultura™ comes from the completion of Chemistry's investment in Pinta, a leading cross-cultural marketing firm whose clients include Comcast, Coca-Cola, Heineken, Microsoft, the National Football League, and T-Mobile. Along with its rebrand from Pinta to Chemistry Cultura™, the new practice will operate under the Chemistry umbrella—which includes four offices nationwide—but will remain a Hispanic-owned, minority-certified agency with Mike Valdes-Fauli serving as President of Chemistry Cultura™. Chemistry is an independent, full-service advertising agency with a diverse team spanning creative, media, digital, social, SEO, public relations, web development, and data and analytics. It was recently named Ad Age's "Small Agency of the Year" for the third time. The firm drives results by connecting culture, technology, and real time insights for clients including Netflix, IHG, Massage Envy, and Five Guys. Its high-profile work garners frequent national media coverage and awards. The new practice combines the cultural proficiency of a Latin-owned firm with the scale needed to execute any challenge. Chemistry Cultura™ will bring an enhanced collaboration across both teams and leverage Chemistry's strengths for client work, including an in-house production studio, digital builders, data scientists, a deep bench of creative talent, robust media planning, and experiential expertise. "The Latin demographic comprises 19% of the American population and $2.8 trillion in GDP. As this sector continues to grow, it becomes even more important to our clients and to the economy. One of the mistakes brands often make is not truly understanding the complexities of the Latin market and the different audiences it is comprised of. With Mike and his team, we have found partners who profoundly understand this vital market and we are thrilled to add their expertise to our team." Ned Show, CEO of Chemistry Chemistry will tap Chemistry Cultura™, to help its clients with this booming sector and ensure the work engages Latino consumers and reflects cultural nuances. "Today it's less about language and more about culture. The country is evolving rapidly and rather than 'one Hispanic market,' we're seeing a beautiful mosaic comprised of Anglo, Latino and other cultures interacting fluidly together," said Valdes-Fauli. "As we envision the next decade of evolution, our team will reflect this new reality and help our clients ignite cultural reactions and deeply engage with consumers." Chemistry Cultura™, launched its rebrand at a thought leadership event last night, where Valdes-Fauli hosted a discussion with Marissa Solis, SVP, Global Brand & Consumer Marketing for the NFL; Domenika Lynch, Executive Director of Latinos & Society, Aspen Institute and Adrian Carrasquillo, lead multicultural reporter for Newsweek.

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CHEMICAL MANAGEMENT

Occidental SK Trading International sign first agreement for net-zero oil created from captured atmospheric carbon dioxide

Occidental | March 23, 2022

Occidental announced an agreement with an affiliate of SK Trading International, a subsidiary of SK Innovation Co. Ltd. for the first net-zero oil created by combining crude oil together with environmental attributes generated from the sequestration of atmospheric carbon dioxide captured via 1PointFive’s planned large-scale Direct Air Capture facility and sequestered in Occidental’s enhanced oil recovery reservoirs in the U.S. Permian Basin. SK Trading International expects to convert the net-zero oil into net-zero products. This is one step both companies are taking together in furtherance of their net-zero ambitions and commitments to address climate change. Under the agreement, Occidental’s marketing affiliate may provide SK Trading International’s affiliate with an opportunity to purchase up to 200,000 barrels of net-zero oil per year for five years. To produce the environmental attributes that are utilized for the net-zero oil for this agreement, Occidental plans to inject approximately 100,000 tonnes of captured atmospheric CO2 volumes per year, which is equal to the expected CO2 emissions from the entire crude oil lifecycle, including extraction, transportation, storage, shipping, refining, subsequent use, and combustion. Net-zero oil, which is compatible with existing refinery infrastructure, can help hard-to-abate industries advance their net-zero commitments by providing an affordable, scalable fuel option that does not contribute to additional atmospheric CO2. 1PointFive's first DAC facility, which is expected to be online in late 2024 and also will include pure sequestration, is in the process of being deployed using Carbon Engineering's industrial-scale DAC solution. The facility will extract atmospheric CO2 and permanently store it deep underground in geologic formations delivering permanent and verifiable carbon dioxide removal. “Net-zero oil is an important component of the energy transition and provides a critical bridge as society moves to a net-zero economy. As Occidental advances our Pathway to Net Zero, we are excited to partner with SK Trading International and leverage our licensed direct air capture technology and EOR experience to create a new solution for the transportation sector,” Richard Jackson, President, U.S. Onshore Resources and Carbon Management, Operations, Occidental SK Trading International, along with SK Innovation, has declared its 2050 Net Zero Journey and is actively developing its action plans to become net zero and even accomplish it earlier than planned. Under its “Carbon to Green” strategy, the company is transforming its overall portfolio with an emphasis on low-carbon business, and is also pursuing measures to manage Scope 3 carbon emission intensity. The introduction of net-zero oil is well aligned with the company’s net-zero commitments and is expected to not only tackle climate change but also accelerate the company’s sustainable growth. “We are pleased to be a part of the world’s first carbon emission reduction initiative that is underpinned by processing net-zero oil on a life-cycle analysis basis. We are also thrilled to team up with Occidental, one of the most respected energy companies in the world,” said SUH Sokwon, President & CEO of SK Trading International and President of SK Energy Refinery Business. He added, “In the midst of energy transition, one of the biggest changes in our time, the sustainable business ecosystem built around net-zero oil and low carbon products will contribute to Global Net Zero efforts in a new way.” (1) The term “net-zero oil” indicates crude oil combined together with environmental attributes generated through the removal and sequestration of atmospheric CO2 through an EOR process in an amount equivalent to the CO2 associated with the production, delivery and refining of the crude oil and the use of the resulting product. About Occidental Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. About SK Innovation Established as South Korea’s first oil refining company in 1962, SK Innovation engages in diverse areas of business, including exploration and production (E&P), batteries, and information and electronics materials. It owns SK Energy, South Korea’s No. 1 refining company; SK geo centric, the leader in the domestic petrochemical industry; SK Lubricants, a global lubricants company; SK Incheon Petrochem, a refining and chemical company; SK Trading International, a trader of crude oils and petrochemicals; SK Earthon, South Korea's longest and largest independent exploration and production company; and SK IE Technology, a global information and electronic material solution company. As part of their management system, SK Innovation pursues the maximization of happiness for all stakeholders.

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CHEMICAL MANAGEMENT

Chemours Leads Remove2Reclaim Project to Advance Plastic Circularity

Chemours Compan | May 18, 2022

The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced its participation leading a three-year recycling research project in collaboration with industry, academic, and government experts to develop an efficient, cost-effective, and more sustainable process for recovering titanium dioxide (TiO2) and polymers from plastic end-use products. The initiative, dubbed Remove2Reclaim, has the potential to drive significant environmental benefits, eliminating waste and reducing the amount of energy used in manufacturing, by enabling circularity across a much wider range of applications. Current commercial scale recycling technologies do not allow polymers and additives to be effectively removed and separated, limiting the potential applications and overall quality of products made with recycled plastic. Remove2Reclaim is designed to change that. The project goal is to develop commercial-scale detection and extraction technologies that enable the removal and recovery of TiO2 and polymers for reuse. “Through the Remove2Reclaim initiative, we hope to help crack the code on effective plastic recycling, achieving a new level of circularity for the industry. This initiative has the potential to reclaim thousands of tons of TiO2 from different end-of-life streams, reducing raw material demands, and creating a new TiO2 supply stream for our customers. We’re honored to lead this project in collaboration with a team of experts from across the value chain to pursue a common goal that benefits our shared planet.” Steven De Backer, EMEA Technical Marketing Manager at Chemours In the project’s first year, research partners have developed a sorting mechanism to effectively identify plastic wastes that contain TiO2 and determined innovative solvent-based extraction routes to remove TiO2 from different polymer matrices. Other project milestones include developing methods and equipment to detect TiO2 in specific polymer matrices, recovering TiO2 from the polymer by dissolution route, and eventually reusing the TiO2 and polymer in new products. “At Chemours, we aspire to be the most sustainable TiO2 enterprise in the world, and that requires applying our expertise to some of the world’s greatest challenges, including plastic circularity,” said Ed Sparks, President of Titanium Technologies at Chemours. “We’re committed to leveraging responsible chemistry and cross-industry collaboration to solve our customers’ challenges with minimal impact on our shared planet. Remove2Reclaim is a great example of this model at work.” The Remove2Reclaim project kicked off in September 2020 with the support of Catalisti, the spearhead cluster for the chemical and plastics industry in Flanders, Belgium. It includes a collaboration of the public and private sectors, including Chemours as the project coordinator, INEOS Styrolution, Lybover, Deceuninck, Matco Plastics, Centexbel, VITO, Ghent University, and KU Leuven. The project also received funding from VLAIO, the Flanders Innovation and Entrepreneurship Agency. “Remove2Reclaim is an exciting project with the potential to turn recycling ambitions into circular solutions that benefit our planet,” reads a statement from Catalisti. “By bringing together leaders in the industry, academic, and government spheres, we’re taking a holistic approach that engages the entire value chain. The project has gained momentum under Chemours’ leadership, and we’re looking forward to seeing this initiative continue making progress toward achieving its goal of producing an innovative new recycling process.” About The Chemours Company The Chemours Company is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products include prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,400 employees and 29 manufacturing sites serving approximately 3,300 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.

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Spotlight

We sat face 2 face with Louis Munnik of CRC Industries, to discover what the food industry needs to know about using industrial chemicals and lubricants in their food facility. Food processing equipment requires tough, durable lubricants that must withstand conditions such as washdowns, high oven temperatures and areas susceptible to high contamination.

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