Chemical reactions database updates to improve R&D information exchange

Drug Target Review | February 26, 2020

The latest file format of the Unified Data Model (UDM) has been released by the Pistoria Alliance, a global, not-for-profit organisation. According to the alliance, this update delivers a stable foundation for the collection and exchange of chemical reaction data and empowers the R&D community to move forward with its adoption. The release is built upon standard (Allotrope-compatible) vocabularies for units of measure and analytical methods, allowing the systems to be interoperable. The alliance emphasises that as increased adoption of artificial intelligence (AI) and machine learning (ML) in R&D continues, industry-wide data standards are essential in the move towards the digitally driven Lab of the Future (LoTF).

Spotlight

When a chemical or solution has not been labeled, was improperly labeled, or its label has deteriorated, become obscured or illegible, it becomes an unknown. Fortunately, it is not necessary to know the exact identity of an unknown. It is usually suffi client to determine if an unknown is a hazardous material, and if it is, to assign it to an appropriate hazard class for safe transportation, treatment, and disposal. Many unknowns turn out to be perfectly harmless chemicals that could be disposed of as ordinary waste, or moderately hazardous chemicals that can be easily treated to render them non-hazardous. The Flinn Chemical and Biological Catalog Reference Manual describes many examples in detail.


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CHEMICAL TECHNOLOGY

Twelve to Deploy World’s First Industrial-Scale Carbon Transformation Platform

Twelve | July 04, 2022

Twelve, the carbon transformation company, is announcing $130 million in Series B and additional funding to scale the engineering, manufacturing, and deployment of its industrial-scale carbon transformation technology for the creation of a wide range of products with a lower carbon footprint. Twelve’s carbon transformation technology converts captured CO2 into products historically made from fossil fuels. According to research from Columbia’s SIPA Center on Global Energy Policy, replacing fossil feedstocks in the production of chemicals, materials, and fuels with renewable carbon from point source or direct air capture could avoid nearly 10 percent of global greenhouse gas emissions. Twelve is currently transforming emissions into products for the automotive, household and apparel industries, as well as for government entities and global technology companies, by replacing petrochemicals and fossil-based transportation fuels with CO2Made® materials and carbon-neutral fuels like E-JetⓇ. “Companies and governments no longer need to rely on fossil fuels for the carbon that goes into everything from apparel and cleaning products to electronics and jet fuel. This fresh funding ensures we can reach industrial scale to help new and existing partners achieve rapid emissions-reduction.” Twelve Co-Founder and CEO Nicholas Flanders Twelve’s partners include Mercedes-Benz, Procter & Gamble, Shopify, the U.S. National Aeronautics and Space Administrationand the U.S. Air Force, all of which use Twelve’s breakthrough carbon transformation technology to reduce emissions and create CO2Made products. “As more companies and organizations adopt carbon-neutrality targets, they urgently need technologies like Twelve’s to rapidly green supply chains and corporate travel to reduce emissions at scale,” said Zachary Bogue, Managing Partner, DCVC. “Since leading Twelve’s seed round in 2018, we’ve only become more confident that their technology offers businesses a critical solution for not just offsetting emissions, but eliminating them.” The new funding follows Twelve’s first commercial products, a line of CO2Made sunglasses with sustainable fashion brand PANGAIA, and carbon-neutral sustainable aviation fuel (SAF), E-Jet. Twelve was recently recognized by Fast Company as the world’s #1 most innovative energy company of 2022 and as a BloombergNEF Pioneer in the Decarbonizing Aviation category. “Delivering low-carbon sustainable products consumers desire will require scaling innovative solutions such as Twelve’s carbon transformation technology.” said Todd Cline, Senior Director of Sustainability, for Procter & Gamble Fabric Care. “We’re glad to see Twelve given the opportunity to expand their opportunity to impact a broad variety of sustainable consumer products enabled by their technology.” “Twelve has the potential to disrupt petrochemical supply chains by creating a wide range of materials from carbon emissions instead of fossil fuels,” said Udo Gayer, Manager of New Business in Production Planning at Mercedes-Benz Cars. “The potential impact of their technology is immense, and I’m glad to see them receive the funding to continue scaling their technology.” DCVC led Twelve’s Series B financing, with participation from Series A lead investors Capricorn Technology Impact Fund and Carbon Direct Capital Management. Breakout Ventures, Munich Re Ventures, Elementum Ventures, and Microsoft Climate Innovation Fund also participated. In addition, Twelve secured a Series B and strategic program investment from the Chan Zuckerberg Initiative (CZI). “Carbon transformation has the potential to turn CO2 from a harmful waste stream into useful products for the global economy,” said Jonathan Goldberg, CEO of Carbon Direct. "With the costs of carbon capture, renewables and electrolyzers continuing to fall, Twelve’s technology stands to play a crucial role in decarbonizing some of the hardest-to-abate industries.” To help drive Twelve’s industrial scaleup, the company just announced additions of key industry veterans to its leadership team: Anne Roby, Independent Board Director and former Linde executive; David Frank, Chief Productization Officer and former Cummins director; and Ram Ramprasad, Chief Commercial Officer and former Linde executive. About Twelve Twelve is the carbon transformation company, a new kind of chemical company built for the climate era. We make essential products from air, not oil. Our groundbreaking technology eliminates emissions by transforming CO2 into critical chemicals, materials and fuels that today are made from fossil fuels. We call it carbon transformation, and it fundamentally changes how we can address climate change, reduce emissions and reverse the carbon imbalance. Reinventing what it means to be a chemical company, we’re on a mission to create a climate positive world and a fossil free future through the power of chemistry.

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CHEMICAL MANAGEMENT

Nippon Shokubai Obtains ISCC PLUS for Superabsorbent Polymers Derived from Caustic Soda Produced from Renewable Energy

Nippon Shokubai Co., Ltd. | March 07, 2022

Nippon Shokubai Co., Ltd. working to achieve carbon neutrality by 2050, announces that it has obtained ISCC PLUS certification from the International Sustainability and Carbon Certification system (ISCC) (*1) for superabsorbent polymers (SAP) made by its subsidiary Nippon Shokubai Europe N.V. (hereinafter NSE) from caustic soda produced using electricity generated from renewable energy. SAP, commonly used in disposable diapers, is mainly made from acrylic acid produced from propylene and caustic soda. In May 2021, NSE received ISCC PLUS certification (mass balance method (*2)) from ISCC for the production of SAP utilizing acrylic acid produced from biomass-derived propylene. It has now obtained ISCC PLUS certification for sustainable SAP made from caustic soda produced using electricity generated from renewable energy. Combining these certifications will contribute to reducing CO2 emissions throughout the product life cycle. Furthermore, Nippon Shokubai will establish a system that can supply bio-based/sustainable SAP in response to customer demand. In addition to these ISCC PLUS-certified SAP, Nippon Shokubai is engaged in the research and development of sustainable SAP that contribute to mitigating environmental impact, such as biodegradable SAP and recycled SAP from used disposable diapers. The Company will contribute to realizing a sustainable society by promoting these research and development activities. About Nippon Shokubai Co., Ltd Since its establishment in 1941, Nippon Shokubai has expanded its business with unique catalyst technology at its core. Nippon Shokubai has supplied ethylene oxide, acrylic acid, automobile catalysts, process catalysts and other products. It commands a top global share of superabsorbent polymers. Nippon Shokubai is a global chemical company operating under its corporate mission of "TechnoAmenity -- Providing affluence and comfort to people and society, with our unique technology."

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CHEMICAL MANAGEMENT

Piedmont Lithium Partner Sayona Announces a New Lithium Pegmatite Discovery at Moblan in Quebec

Piedmont Lithium Inc. | April 29, 2022

Piedmont Lithium Inc. a leading, diversified developer of lithium resources required to enable the U.S. electric vehicle supply chain, today announced that Piedmont’s partner, Sayona Mining Limited recently reported the discovery of a new southern lithium pegmatite zone at the Moblan Lithium Project in Québec. Assay results from two holes at the newly defined Moblan South Discovery have identified lithium mineralization at shallow depth, approximately 200m south of the main Moblan deposit. Results include 5m @ 1.85% Li2O from 3.5m and 35m @ 1.62% Li2O from 27.6m in hole DDH135 as well as 6.6m @ 1.69% Li2O from 2.1m and 27.2m @ 1.53% Li2O from 22.0m in hole DDH136. Additional drill hole results are pending. “We congratulate our partners at Sayona on these very promising initial drill results from their Moblan deposit. The grade, thickness, and shallow depth of mineralization in these first two drill holes is very impressive. While Piedmont is not directly invested in the Moblan project, we are very pleased with our position as Sayona’s largest shareholder and as Sayona’s partner in the world-class Abitibi Hub lithium projects. Quebec is an ideal location for lithium hydroxide production in the future, given the province’s abundant mineral resources, low-cost hydroelectricity, and supportive provincial government.” Keith Phillips, President and Chief Executive Officer of Piedmont The statements below were prepared by, and made by, Sayona Mining. The following disclosures are not statements of Piedmont and have not been independently verified by Piedmont. Sayona Mining is not subject to U.S. reporting requirements or obligations, and investors are cautioned not to put undue reliance on these statements. Sayona Mining’s original announcement can be found here. About Piedmont Lithium Piedmont Lithium is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net zero world and the creation of a clean energy economy in North America. The centerpiece of our operations, Carolina Lithium, is located in the renowned Carolina Tin-Spodumene Belt of North Carolina. Combining our U.S. assets with equally strategic and in-demand mineral resources, and minority equity investments in companies that own production assets in Quebec and Ghana, positions us to be one of the largest, lowest cost, most sustainable producers of battery-grade lithium hydroxide in the world. We will also be the most strategically located to best serve the fast-growing North American electric vehicle supply chain. The unique geology, geography and proximity of our resources, production operations and customer base, will allow us to deliver valuable continuity of supply of a high-quality, sustainably produced lithium hydroxide from spodumene concentrate, preferred by most EV manufacturers. Our diversified operations will enable us to play a pivotal role in supporting America’s move toward decarbonization and the electrification of transportation and energy storage.

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CHEMICAL MANAGEMENT

Odyssey Investment Partners Acquires Pexco

Odyssey Investment Partners, LLC | March 17, 2022

Odyssey Investment Partners, LLC a middle-market private equity firm, announced that its Fund has acquired Pexco LLC, a leading North American engineered plastic component supplier, from AEA Investors. Another Odyssey Fund previously owned Pexco from 2012 to 2017. Financial terms of the transaction were not disclosed. Based in Atlanta with manufacturing plants in the United States and Mexico, Pexco provides extrusion, design and fabrication of specialty plastic products for a wide variety of applications across a diverse range of end-markets including traffic safety, lighting, fluid handling, electrical insulation, privacy fence, and other specialty industrial markets. Pexco CEO Sam Patel and the management team will continue to lead Pexco and have invested alongside Odyssey in the transaction. “We are very familiar with Pexco and are thrilled to partner again with its proven and experienced management team. Pexco has evolved into a company focused on a diverse range of industrial businesses with deep industry relationships and stable demand across attractive end markets. Pexco has the ability to continue scaling its business by applying its unique operational capabilities to address customers’ most challenging applications. As Pexco continues to expand to new end markets and high-performance polymers, we look forward to leveraging our resources to support the company’s long-term growth and continued industry leadership.” Craig Staub, a Senior Managing Principal at Odyssey Jonathan Hall, a Principal at Odyssey, said, “Sam and his team at Pexco have done a fantastic job since we last worked together – notably, executing nine strategic acquisitions to grow the business and capitalize on new market opportunities to broaden the company’s product portfolio and geographic reach. Their hard work to strategically expand operations, add capacity, and drive efficiencies has placed Pexco in a strong position to capitalize on multiple organic growth opportunities in today’s market environment.” Mr. Patel said, “We are thrilled to welcome back Odyssey Investment Partners as our majority owner. During our previous partnership we benefitted extensively from the Odyssey team’s guidance in developing and prioritizing both organic and inorganic growth initiatives, leading to a very successful outcome. We are very pleased that Odyssey has once again recognized Pexco’s considerable potential in its target end markets. We look forward to resuming our collaboration and continuing our growth trajectory through the next chapter in Pexco’s storied history.” Latham & Watkins LLP served as legal advisor to Odyssey and KPMG served as financial advisor. About Odyssey Investment Partners Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with a more than 25-year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority-controlled investments in industries with a long-term positive outlook and favorable secular trends. About Pexco LLC Based in Atlanta with multiple plants across the United States and Mexico, Pexco is a North American leader in the design and fabrication of engineered plastic components. It provides standard and specialty parts and components to manufacturers and end-users for a broad range of custom applications, including the specialty industrial, fluid-handling, lighting, traffic safety, fence, and electrical insulation industries. Pexco offers a full range of custom design, engineering, and fabrication services, including ISO 9001:2015 registration, across its manufacturing operations.

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Spotlight

When a chemical or solution has not been labeled, was improperly labeled, or its label has deteriorated, become obscured or illegible, it becomes an unknown. Fortunately, it is not necessary to know the exact identity of an unknown. It is usually suffi client to determine if an unknown is a hazardous material, and if it is, to assign it to an appropriate hazard class for safe transportation, treatment, and disposal. Many unknowns turn out to be perfectly harmless chemicals that could be disposed of as ordinary waste, or moderately hazardous chemicals that can be easily treated to render them non-hazardous. The Flinn Chemical and Biological Catalog Reference Manual describes many examples in detail.

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