Chemical industry

Regenx Appoints Industry Veteran Bob Fair as Vice President of Operations

Retrieved on: 
Tuesday, June 4, 2024

Bob Fair is joining the Company as Vice President, Operations, Regenx USA, Inc. Bob has an abundance of experience, including over 25 years in the precious metals and chemical industry.

Key Points: 
  • Bob Fair is joining the Company as Vice President, Operations, Regenx USA, Inc. Bob has an abundance of experience, including over 25 years in the precious metals and chemical industry.
  • Rick Purdy, President Regenx USA said, “It gives me great pleasure to welcome Bob to the Regenx team.
  • Bob brings a unique skill set to the Company with experience in both plant operations and an intimate understanding of the refining sector.
  • Bob will have responsibility for the operation of the Regenx facility as it grows and be the primary contact for our interactions with refining partners.

New Specialty Biochemical plant inaugurated by Godavari Biorefineries Ltd

Retrieved on: 
Monday, June 10, 2024

A new specialty biochemical plant has been inaugurated at the Sakarwadi manufacturing facility in Maharashtra, India where Godavari Biorefineries Limited (GBL) intends to produce biobased chemicals to support the green and net-zero ambitions of its clientele in different markets across the globe.

Key Points: 
  • A new specialty biochemical plant has been inaugurated at the Sakarwadi manufacturing facility in Maharashtra, India where Godavari Biorefineries Limited (GBL) intends to produce biobased chemicals to support the green and net-zero ambitions of its clientele in different markets across the globe.
  • “At GBL we make Specialty Chemicals from Renewable Resources using Green Chemistry.
  • We work with farmers to develop sustainable agricultural value chains that serve as a feedstock for our biobased chemicals,” said Samir Somaiya, Chairman of Somaiya Group and Godavari Biorefineries Ltd.
  • He highlighted the critical role of R&D in the chemical industry and complimented GBL efforts in establishing a plant that represents the future of specialty chemicals manufacturing.

Chemours Enhances EVOLVE 2030 Portfolio Sustainability Assessment Methodology

Retrieved on: 
Tuesday, June 4, 2024

The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, today announced the release of EVOLVE 2030 Version 2.0, the Company’s portfolio sustainability assessment methodology.

Key Points: 
  • The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, today announced the release of EVOLVE 2030 Version 2.0, the Company’s portfolio sustainability assessment methodology.
  • EVOLVE 2030 helps Chemours evaluate its product offerings and product development pipeline in relation to the United Nations Sustainable Development Goals (UN SDGs).
  • Chemours’ EVOLVE 2030 methodology uses sustainability information and insights to inform decisions on its product portfolio, investments in innovations, and resource allocation.
  • Click here to read Chemours’ EVOLVE 2030 methodology.

Food has a climate problem: Nitrous oxide emissions are accelerating with growing demand for fertilizer and meat – but there are solutions

Retrieved on: 
Wednesday, June 12, 2024

At the heart of this challenge is the prodigious use of fertilizers and a growing global population’s increasing demand for meat.

Key Points: 
  • At the heart of this challenge is the prodigious use of fertilizers and a growing global population’s increasing demand for meat.
  • As earth, climate and atmospheric scientists, we track global greenhouse gas emissions and just published the most comprehensive assessment yet of a powerful greenhouse gas from food production: nitrous oxide, or N₂O.
  • The growth of N₂O emissions is alarming, but people today have the knowledge and many of the technologies needed to reverse the trend.

Where do N₂O emissions come from?

  • However, the human population and its demand for food have grown rapidly, throwing that natural equilibrium out of whack.
  • We found that human activities alone have increased N₂O emissions by 40% over the past four decades, with agriculture contributing approximately 74% to the total anthropogenic N₂O emissions.
  • Fertilizers are responsible for 70% of total agricultural N₂O emissions globally.

N₂O emissions by country

  • Emissions vary greatly country to country for a number of social, economic, agricultural and political reasons.
  • Its Action Plan for Zero Growth in Fertilizer Use by 2020, issued in 2015, has helped cut those N₂O emissions.
  • A few regions, however, have been able to curtail some of their N₂O emissions with more sustainable practices.
  • In the U.S., agricultural emissions continue to creep up, while industrial emissions have declined slightly, leaving overall emissions rather flat.

How to reduce N₂O emissions

  • For example: Policies can encourage farmers to adopt nitrogen-efficient practices, optimize fertilizer use and reduce N₂O emissions and other forms of nitrogen pollution through a variety of incentive programs.
  • The development and adoption of nitrogen-efficient fertilizers, such as controlled-release formulations and nitrification inhibitors, also offer promising ways to reduce nitrogen runoff and curb N₂O emissions from agricultural soils.
  • Industries, particularly production of nylon and fertilizers, can install existing, affordable technologies to abate nearly all of their N₂O emissions.
  • Overall, a holistic approach combining policy, technology and individual actions is needed to address N₂O emissions and combat climate change.

Nouryon releases 2023 Sustainability Report highlighting progress in advancing portfolio of sustainable solutions as well as improved safety and environmental performance

Retrieved on: 
Thursday, May 23, 2024

Nouryon, a global specialty chemicals leader , published its fifth annual sustainability report themed, ‘Essential Solutions, Sustainable Future,’ highlighting the advancements in its portfolio of sustainable solutions in addition to its safety and environmental performance.

Key Points: 
  • Nouryon, a global specialty chemicals leader , published its fifth annual sustainability report themed, ‘Essential Solutions, Sustainable Future,’ highlighting the advancements in its portfolio of sustainable solutions in addition to its safety and environmental performance.
  • The report details the significant strides Nouryon took during the year to deliver on its purpose: Your partner in essential solutions for a sustainable future.
  • Nouryon delivered strong safety performance: From 2019 to 2023, its process safety incident rate decreased 78% and its OSHA Incident Rate (OIR) decreased 3%, maintaining the Company’s top quartile people safety performance1.
  • Expanded portfolio of sustainable solutions: 74% of the Company’s R&D product pipeline2 was focused on solutions with a sustainability benefit, and 32% of 2023 revenue was derived from Nouryon’s portfolio of Eco-Premium Solutions3.

Global Chemical Processing Catalysts Business Research Report 2024: Market to Reach $18.6 Billion by 2030, Polymerization Catalysts Grab the Lion's Share - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 21, 2024

The "Chemical Processing Catalysts - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Chemical Processing Catalysts - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Chemical Processing Catalysts estimated at US$13.7 Billion in the year 2023, is projected to reach a revised size of US$18.6 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2023-2030.
  • The market outlook for chemical processing catalysts is positive, driven by the performance of end-use industries.
  • Segment-wise, polymerization catalysts hold the largest market share, attributed to their extensive use in polymer production.

Europe’s Chemical Firms Seek Catalyst for Competitiveness

Retrieved on: 
Thursday, May 16, 2024

In addition to impediments on the home front, the market is under pressure from the influx of inexpensive chemical imports from China, the ISG report says.

Key Points: 
  • In addition to impediments on the home front, the market is under pressure from the influx of inexpensive chemical imports from China, the ISG report says.
  • “Europe’s chemical companies are looking to build more resilient and efficient manufacturing processes,” said Julien Escribe, partner, ISG SEMEA.
  • Despite facing tough market conditions that have led to layoffs and plant closings, Europe’s chemical industry maintains its strength in innovation, the ISG report says.
  • “Major players in the European chemical industry are actively exploring and implementing GenAI solutions,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.

Infinity Recycling's leading impact fund closes above target, circularity in plastics one step closer

Retrieved on: 
Tuesday, May 14, 2024

The CPF, an Article 9 'dark green' impact fund under the EU's Sustainable Finance Disclosure Regulation, was established to help accelerate the world's transition to a circular economy of materials.

Key Points: 
  • The CPF, an Article 9 'dark green' impact fund under the EU's Sustainable Finance Disclosure Regulation, was established to help accelerate the world's transition to a circular economy of materials.
  • It does this by supporting advanced recycling technologies with the scaling up of their technology and the strengthening of their business propositions.
  • The tremendously successful fundraise is testament to the growing enthusiasm amongst institutional investors for impactful investment opportunities in the circular economy.
  • We are thankful for the confidence of the Limited Partners in our unique investment focus and quality of execution"

Infinity Recycling's leading impact fund closes above target, circularity in plastics one step closer

Retrieved on: 
Tuesday, May 14, 2024

The CPF, an Article 9 'dark green' impact fund under the EU's Sustainable Finance Disclosure Regulation, was established to help accelerate the world's transition to a circular economy of materials.

Key Points: 
  • The CPF, an Article 9 'dark green' impact fund under the EU's Sustainable Finance Disclosure Regulation, was established to help accelerate the world's transition to a circular economy of materials.
  • It does this by supporting advanced recycling technologies with the scaling up of their technology and the strengthening of their business propositions.
  • The tremendously successful fundraise is testament to the growing enthusiasm amongst institutional investors for impactful investment opportunities in the circular economy.
  • We are thankful for the confidence of the Limited Partners in our unique investment focus and quality of execution"

ACC Honors Companies for Achievements to Advance Sustainability with its 2024 Sustainability Leadership Awards

Retrieved on: 
Thursday, May 9, 2024

MIAMI, May 9, 2024 /PRNewswire/ -- At its Responsible Care® and Sustainability Conference 2024, the American Chemistry Council (ACC) honored six member companies and one external organization with its 2024 Sustainability Leadership Awards, recognizing innovative products, technologies and initiatives that help advance sustainability.

Key Points: 
  • MIAMI, May 9, 2024 /PRNewswire/ -- At its Responsible Care® and Sustainability Conference 2024, the American Chemistry Council (ACC) honored six member companies and one external organization with its 2024 Sustainability Leadership Awards, recognizing innovative products, technologies and initiatives that help advance sustainability.
  • "The exemplary achievements of these ACC members demonstrate the progress that the chemical industry is making to enable solutions to real-world sustainability challenges."
  • "We are proud to recognize these ACC members and their collaborators that are having a meaningful impact on our society."
  • ACC recognized 2024 Sustainability Leadership Award winners in the following categories:
    Products, processes or initiatives that promote safe use of chemicals, transparency, informed sustainability decision-making and innovation to reduce risk.