CHEMICAL TECHNOLOGY

Rec Water Solutions and Sigura Water Enter Into an Exclusive License Agreement

Sigura | August 31, 2021

Rec Water Solutions and Sigura Water Enter Into an Exclusive License Agreement
Sigura Water announced an exclusive license agreement of PristineBlue® and AlgaeShield® Performance Chemistry™ water treatment systems for recreational and commercial swimming pools. This new relationship leverages the marketing, services, and distribution depth of Sigura Water to bring the high quality, proprietary chemistry solutions of ESL to more pool owners.

"PristineBlue is a unique copper-based chemistry, unlike others in the market, that gives trouble-free maintenance and crystal-clear results to pool and spa owners," said Robert P. Baird Jr., CEO at Sigura Water. "We are proud to be able to license and sell PristineBlue and to provide our best-in-class value added services to ESL's pool dealers and Sigura Water's ProDealer network for both pool and spa."

This relationship will enhance the ability of pool builders, service companies and retailers to deliver solutions that make water care easier and more reliable. A proprietary copper-based algaecide/bactericide that disperses easily, eliminates dead zones, and treats algae without staining the pool, PristineBlue is easy to use, and good for all pool types and surfaces.

"We are excited to increase the reach of our water treatment chemistries to more pool users through Sigura Water's dealer network," comments Doug McKenzie, General Manager at Rec Water Solutions. "Licensing the PristineBlue and AlgaeShield products to pool care industry leader Sigura Water gives ESL the ability to focus on the development of new technologies and expansion into new markets."

Earth Science Laboratories will continue to service existing ESL pool dealers and customers during the transition period. Starting October 1, 2021, Sigura Water will take over responsibilities to service and fulfill orders with existing PristineBlue and AlgaeShield dealers and make the new products available for sale to the Sigura Water ProDealer network.

About Sigura™ Water
Sigura Water is a leading supplier of water treatment solutions for residential pools and spas, as well as a strong position in the industrial and municipal applications. Sigura Water serves the industry with high-performance and trusted brands such as HTH®, Poolife®, GLB®, Leisure Time®, Baquacil®, Applied Biochemists®, Pulsar®, Constant Chlor®, Hypocal® and more. Sigura Water has signed a definitive agreement to merge with Solenis, a global leader in supplying innovative specialty chemicals and services for consumer and food packaging, graphic paper, tissue, and towel markets as well as industrial water treatment and wastewater markets. The Sigura Water and Solenis merger is scheduled to close later in 2021. Combining with Solenis brings significant scale, additional resources, and new market opportunities for Sigura Water to better serve consumers in the pool space and the industrial segment with a mission to deliver superior water quality, improve the environment and enhance the security, health, and safety of communities we serve.

About Earth Science Laboratories
Earth Science Laboratories, Inc. develops advanced chemistry for commercial, municipal, industrial, and agricultural applications. ESL's Rec Water Solutions manufactures the popular PristineBlue® system for residential pools, spas, and hot tubs and Performance Chemistry™ line products AlgaeShield® and MetalShield™ designed for commercial and residential use. AlgaeShield, MetalShield and PristineBlue are EPA registered and NSF Certified to ANSI Standard 60.

Spotlight

Accelerate Innovation with Extended Ecosystem Simplify Through Low- or No-Touch Operations Increase Flexibility and Speed with Solution Extensions SAP S/4HANA .Reduce fines and recalls due to non-compliance Reduce scrap Increase gross margins Reduce EHS management costs Reduce order fulfilment lead time Increase return on assets increased new product revenue 10-20% faster time to market 10-55% reduced manufacturing cycle time <10% increased on-time delivery 11% THE DIGITAL CORE From open innovation and multi-channel customer collaboration to digital operations, fulfillment processes, and real-time price and margin management, extend your S/4HANA core to easily manage today's dynamics in the chemical industry. As the foundation for the key chemical processes, the digital core needs to run consistently and uninterrupted.


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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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CHEMICAL MANAGEMENT

Six Pines Investments LLC purchases stake in top plastics recyclers to accelerate transformation to a circular economy for plastics

Six Pines | December 17, 2021

Six Pines Investments LLC, a wholly-owned, sustainable investment subsidiary of Chevron Phillips Chemical Company LLC announced its equity investment in two leading circular plastics recyclers, Nexus Circular LLC and Mura Technology Ltd. In October 2020, CPChem announced success in its first commercial scale production of polyethylene using advanced recycling technology. The company markets its new circular polyethylene under the name Marlex® Anew™ Circular Polyethylene and is working toward an ambitious annual production goal of 1 billion pounds of circular polyethylene by 2030. Mura and Nexus are leading plastics recyclers that convert waste plastics into high quality feedstock used in advanced recycling technologies to produce circular plastics. These strategic investments made from its Six Pines subsidiary reflect CPChem’s commitment to foster innovation and accelerate the transition to a circular economy for plastics. “We are excited about the capabilities and opportunities at Mura and Nexus. We share a common goal to keep plastic waste out of the environment. Waste plastics should not end up in the environment, as they can be sustainably recycled to create new plastics again and again. Investing in Nexus and Mura will accelerate our efforts to produce Marlex® Anew™ Circular Polyethylene and the expansion of our circular product portfolio.” Benny Mermans, vice president of sustainability at CPChem Plastics are life-enriching products that are essential for our future; however, the plastic waste challenge must be addressed. CPChem believes that solving the global problem of plastic waste will require innovation, investment and cooperation throughout the entire plastics value chain. Six Pines’ investments advance CPChem’s ambition to reduce waste and reuse valuable resources, accelerating change for a sustainable future. About Six Pines Six Pines Investments LLC is a wholly-owned, sustainable investment subsidiary of Chevron Phillips Chemical Company LLC one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. With approximately 5,000 employees, CPChem and its affiliates own more than $17 billion in assets, including 31 manufacturing and research facilities in six countries. CPChem is equally owned indirectly by Chevron Corporation U.S.A. Inc. and Phillips 66 Company, and is headquartered in The Woodlands, Texas. About Nexus Nexus is the leading operational, commercially scaled converter of waste plastics to feedstocks, which in turn are converted back to virgin plastics. Nexus is rapidly rolling out plants globally with a limited set of partners ready to move quickly and with purpose to address the plastics waste problem, for which many seek a real, proven solution today. The process is an environmentally friendly (no wastewater, nor air issues) end-to-end business, including engineering, software, front-end waste plastic sorting, all regulatory requirements /ISCC Plus certification, training/safety, and strategic pricing/positioning, guided by financially driven metrics. Operational and economically proven, Nexus has produced and shipped consistent, on-spec tanker loads of products to large global partners who blend it in their current streams and convert to virgin plastics. Nexus is located in Atlanta, Georgia. About Mura Mura Technology intends to become the world’s leading producer of recycled hydrocarbons, creating a circular economy for plastic, whilst helping to decarbonize the petrochemical industry and eliminate global plastic pollution. We are pioneering a scalable process to divert waste plastic away from incineration, reduce carbon emissions and prevent millions of tons of plastic from entering the natural environment every year, turning the $120 billion lost resource of plastic waste into a valuable global commodity.

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CHEMICAL TECHNOLOGY

HONEYWELL COLLABORATES WITH THE UNIVERSITY OF TEXAS AT AUSTIN FOR INNOVATIVE CARBON CAPTURE AND STORAGE TECHNOLOGY

Honeywell | December 16, 2021

Honeywell announced an agreement with The University of Texas at Austin that will enable the lower-cost capture of carbon dioxide emissions from power plants and heavy industry1. Honeywell will leverage UT Austin's proprietary advanced solvent technology to create a new offering targeted at power, steel, cement and other industrial plants to lower emissions generated from combustion flue gases in new or existing units. The solution provides these sectors with an additional tool to help meet regulatory requirements and sustainability goals. Honeywell has committed to achieve carbon neutrality in its operations and facilities by 2035. This new carbon capture technology builds on the company's track record of sharply reducing the greenhouse gas intensity of its operations and facilities as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About half of Honeywell's new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers. The licensing arrangement with UT Austin expands Honeywell's leading carbon capture technology portfolio. Today, 15 million tons per year of CO2 is being captured and used in storage/utilization applications through Honeywell's CO2 Solutions process expertise. Honeywell currently has the capacity to capture 40 million tons per year through its installed projects worldwide2. UT Austin's patented solution utilizes an advanced solvent, which enables carbon dioxide to be captured at a lower cost through greater efficiency using smaller equipment, creating viable project economics today under current CO2 policy frameworks in North America and Europe. 1,3 For a typical power plant, applying advanced solvent carbon-capture technology would enable the capture of about 3.4 million tons of CO2 annually, equivalent to removing nearly 735,000 cars from the road each year.4 This point source CO2 removal technology can be retrofitted within existing plants or included as part of a new installation. In this process, carbon dioxide is absorbed into an amine solvent and then sent to a stripper where CO2 is separated from the solvent. This CO2 is then compressed for geological sequestration or used for other purposes. With thousands of power and industrial plants around the world, the opportunity for significant emissions reduction is enormous. "As the world proactively seeks technology solutions that limit greenhouse gas emissions, we recognize that carbon capture technology is an important lever available today to reduce emissions in carbon-intensive industries that have few alternative options, such as steel plants and fossil fuel power plants. By working with UT Austin, our advanced solvent carbon capture system will enable lower cost of CO2 captured post-combustion.1 Ben Owens, vice president and general manager, Honeywell Sustainable Technology Solutions "UT Austin is a leader in carbon capture research, focusing in this area for more than 20 years through its Texas Carbon Management Program. Gary Rochelle, professor at the McKetta Department of Chemical Engineering and leader of TxCMP at UT Austin, and his team have established an efficient, second-generation amine scrubbing system through years of research and analysis. The improved performance from this solution can unlock project economics for "hard to abate" industries such as steel, cement, and chemical plants, and coal, natural gas and bio-energy power plants. "We are thrilled that our decades of research has led to carbon capture technology that can significantly reduce carbon emissions.5 The licensing agreement with Honeywell enables us to commercially scale this in ways that can make major contributions toward zero emissions efforts to address global warming and to reduce pollutants in surrounding communities," Rochelle said. In 2020, carbon capture, utilization and storage projects worldwide were capturing and storing/using 40 million metric tons per year of carbon dioxide, according to the International Energy Agency. 6 In order to align with the IEA Sustainable Development Scenario, which demonstrates a pathway to limit global temperature rise by less than 1.65º C, CCUS project capacity must increase more than 20 times to enable capture of 840 million metric tons per year of CO2 by 2030.7 Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. The University of Texas at Austin collaborates with a diverse array of partners — including entrepreneurs, investors, technology incubators, and large enterprises — to bring campus innovations to the market to improve lives. UT Austin research generates more than 150 new technologies each year, providing abundant and varied opportunities for industry collaboration. Read the latest research news or learn more about technologies available for partnering.

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MARKET OUTLOOK

New start: Ceresana study on the market for coatings in the automotive industry

Ceresana | March 30, 2021

Automotive coatings do not just look good, they also protect the surface of vehicles against scratches, UV light, rust, fuel splashes, and other hazards. The automotive industry is one of the biggest consumers of coatings. The market research institute Ceresana has examined how the global market for automotive paints and coatings is recovering from the Corona crisis. Despite a massive decline, around 3.4 million tonnes of these high-performance coatings were consumed around the world in 2020. This latest study covers the coating of all components that are manufactured by suppliers or vehicle manufacturers and installed in road vehicles. It examines the use in passenger cars and commercial vehicles (trucks, vans, buses) - both in new construction and for spare parts. Number of Car Registrations is Increasing Again The global sales of new cars had already reached its peak in 2017 with more than 70 million units. Since then, i. a. the declining momentum in the emerging markets, especially the BRIC countries, has led to a drop in passenger car sales. The spread of Covid-19 caused a dramatic decline in the last year, with the number of new registrations decreasing by around 15% worldwide. However, a large part of the decline occurred in the first half of 2020. A recovery started already in the second half of the year, albeit to varying degrees depending on the country. More Refinish Coatings, Fewer OEM Coatings The financial losses suffered by many households as a result of the crisis will probably continue to have an effect for several years and will influence consumer behavior: Used cars gain in importance wherever new cars are unaffordable. Ceresana has conducted a detailed analysis of the demand for individual coating layers, areas of application, technologies, and product types. The market researchers expect coatings in the refinish segment to gain several percentage points of market share over OEM coatings in the course of 2021 or 2022. The slight time lag is due to the fact that the number of driven kilometers - and thus the demand for refinish coatings - is only gradually increasing again. Large Quantities of Basecoats High demands are placed on the quality and properties of automotive coatings. Full, partial, and individual part coatings are applied in the event of damage, for used cars, and for special new car coatings at the factory or dealership. The coating process can be divided into the following steps: cathodic dip coating, underbody protection and application of primer surfacer, basecoat, and clearcoat. Primer surfacers are used to even out surface irregularities and improve the adhesion of subsequent layers. The most important paint layer in terms of quantity is the basecoat, followed by the electrodeposition coating. The basecoat is a coloring layer and largely determines the appearance of the overall paint finish. Electrodeposition coating is primarily used to protect vehicle bodies from corrosion. The analysts at Ceresana expect the market for basecoats to reach a level of around 1.4 million tonnes in 2030. The Study in Brief: Chapter 1 provides an overview of the global market for coatings in the automotive industry - including forecasts up to 2030. Demand and revenues are presented for the regions Western and Eastern Europe, North America, South America, Asia-Pacific, the Middle East, and Africa. Chapter 2 provides market data for the 16 most important countries, i.e. including country-specific demand and revenues. Demand is analyzed in detail for different coating layers (electrodeposition coating, primer surfacer, basecoat, clearcoat), application areas (OEM coatings, refinish coatings), technologies (solvent-borne, water-borne, others) and product types (epoxy, polyurethanes/PUR, acrylic, others). Chapter 3 provides company profiles of the most important manufacturers of coatings for the automotive industry, clearly arranged according to contact information, sales, profit, product range, production sites, and profile summary. Detailed profiles are provided for 56 manufacturers. Further information: www.ceresana.com/en/market-studies/industry/automotive-coatings/ 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

Accelerate Innovation with Extended Ecosystem Simplify Through Low- or No-Touch Operations Increase Flexibility and Speed with Solution Extensions SAP S/4HANA .Reduce fines and recalls due to non-compliance Reduce scrap Increase gross margins Reduce EHS management costs Reduce order fulfilment lead time Increase return on assets increased new product revenue 10-20% faster time to market 10-55% reduced manufacturing cycle time <10% increased on-time delivery 11% THE DIGITAL CORE From open innovation and multi-channel customer collaboration to digital operations, fulfillment processes, and real-time price and margin management, extend your S/4HANA core to easily manage today's dynamics in the chemical industry. As the foundation for the key chemical processes, the digital core needs to run consistently and uninterrupted.

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