Chemical industry

Tunable Diode Laser Analyzer (TDLA) Market worth $795 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, May 29, 2023

In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.

Key Points: 
  • In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.
  • In situ gas analyzers offer continuous, real-time measurements, allowing for immediate detection of gas concentration changes or anomalies.
  • Asia Pacific is expected to register the highest CAGR during the forecast period in TDLA market.
  • As a result, the Metal and Mining industry in the Asia Pacific region accounted for the largest market share of the TDLA market.

Tunable Diode Laser Analyzer (TDLA) Market worth $795 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, May 29, 2023

In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.

Key Points: 
  • In situ methodology segment to grow at highest CAGR during forecast period, by methodology of TDLA market.
  • In situ gas analyzers offer continuous, real-time measurements, allowing for immediate detection of gas concentration changes or anomalies.
  • Asia Pacific is expected to register the highest CAGR during the forecast period in TDLA market.
  • As a result, the Metal and Mining industry in the Asia Pacific region accounted for the largest market share of the TDLA market.

Montrose Environmental Group to Address EPA Regulations Guidelines on Ethylene Oxide (EtO) Through A Global Collaboration

Retrieved on: 
Tuesday, May 23, 2023

Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG), a leading environmental services company, today announced a global collaboration with Thermo Fisher Scientific Inc. (“Thermo Fisher”), the world leader in serving science, to provide a comprehensive real-time ethylene oxide (EtO) monitoring solution that meets recently released U.S. Environmental Protection Agency (EPA) regulations.

Key Points: 
  • Montrose Environmental Group, Inc. (“Montrose”) (NYSE: MEG), a leading environmental services company, today announced a global collaboration with Thermo Fisher Scientific Inc. (“Thermo Fisher”), the world leader in serving science, to provide a comprehensive real-time ethylene oxide (EtO) monitoring solution that meets recently released U.S. Environmental Protection Agency (EPA) regulations.
  • Working together, Montrose and Thermo Fisher offer medical device manufacturers, pharmaceutical companies, chemical companies, and commercial sterilization service providers, a comprehensive solution to achieve compliance with the EPA’s new ethylene oxide regulations.
  • Steve Davis, Senior Vice President of Environmental Data Solutions at Montrose, commented: “This powerful collaboration between Montrose and Thermo Fisher creates a turnkey solution, meeting the needs of industry to monitor ethylene oxide.
  • Exposure to toxic vapors from ethylene oxide emissions poses a serious health risk to workers and neighboring communities.

Quantix Joins Alliance to End Plastic Waste

Retrieved on: 
Wednesday, May 24, 2023

HOUSTON, May 24, 2023 /PRNewswire/ -- Quantix , North America's leading supply chain services company to the chemical industry, announced today it has joined the Alliance to End Plastic Waste (the Alliance), a global non-profit organization that brings together government, companies and communities to end plastic waste in the environment.

Key Points: 
  • HOUSTON, May 24, 2023 /PRNewswire/ -- Quantix , North America's leading supply chain services company to the chemical industry, announced today it has joined the Alliance to End Plastic Waste (the Alliance), a global non-profit organization that brings together government, companies and communities to end plastic waste in the environment.
  • "We understand that no viable solution to ending plastic waste can come from any individual company alone, but rather a combination of all of us working together," said Chris Ball, President and Chief Executive Officer of Quantix.
  • "The Alliance has been a catalyst for more than 50 projects across 30 countries," said Natalie Stirling-Sanders, Chief Advisor, Head of Americas, Alliance to End Plastic Waste.
  • We are delighted to welcome Quantix to the Alliance, and are pleased we now have a logistics company in North America helping to end plastic waste in the environment."

EQS-News: Greenalia and P2X-Europe join forces to develop an eFuel production project in Galicia

Retrieved on: 
Monday, May 22, 2023

The initiative envisages a circular process in which, together with green hydrogen, biogenic CO2 would be used to produce the hydrocarbons.

Key Points: 
  • The initiative envisages a circular process in which, together with green hydrogen, biogenic CO2 would be used to produce the hydrocarbons.
  • The CEO of Greenalia, Manuel García, states "this project approaches the process from a circular, global, sustainable and innovative perspective.
  • Through project Breogán, P2X and GRN will strengthen their commitment to the region of Galicia.
  • Already being a leader in renewable energy production, Galicia now has the potential to also become a leader in the production of green molecules such as green hydrogen and synthetic fuels from renewable sources.

EQS-News: H&R GmbH & Co. KGaA: Greenalia and P2X-Europe join forces to develop an eFuel production project in Galicia

Retrieved on: 
Monday, May 22, 2023

The initiative envisages a circular process in which, together with green hydrogen, biogenic CO2 would be used to produce the hydrocarbons.

Key Points: 
  • The initiative envisages a circular process in which, together with green hydrogen, biogenic CO2 would be used to produce the hydrocarbons.
  • The products are essentially aimed at aviation and the development of high-value waxes for the chemical industry.
  • For the CEO of Greenalia, Manuel García, "this project approaches the process from a circular, global, sustainable and innovative perspective.
  • Through project Breogán, P2X and GRN will strengthen their commitment to the region of Galicia.

Global Third-Party Chemical Distribution Market Report 2023: Increasing Demand for Specialty Chemicals in Various Industry Verticals Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 18, 2023

Stockmeier Chemie GmbH & Co. KG

Key Points: 
  • Stockmeier Chemie GmbH & Co. KG
    The increasing demand for specialized chemicals in various industry verticals, rapid globalization of the chemical industry, and increasing complexity and specialization of the chemical industry represent some of the key factors driving the market.
  • Third-party chemical distribution refers to a business model under which a company acts as an intermediary between chemical manufacturers and end-users.
  • One of the primary factors driving the market is the increasing demand for specialty chemicals in various industry verticals, such as electronics, pharmaceuticals, and agriculture.
  • Additionally, the globalization of the chemical industry and the increasing complexity and specialization of the chemical industry are positively influencing the market growth.

Chemours Thermal & Specialized Solutions President Resigns; Chemours Begins Talent Search for Backfill & Appoints Interim Leader

Retrieved on: 
Thursday, May 18, 2023

The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the resignation of Alisha Bellezza, President, Thermal & Specialized Solutions (TSS), effective May 31.

Key Points: 
  • The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced the resignation of Alisha Bellezza, President, Thermal & Specialized Solutions (TSS), effective May 31.
  • On June 1, stepping in as interim leader is Joseph (Joe) Martinko, Senior Business Director, Americas for TSS.
  • Martinko has over 30 years of experience in the chemical industry, more than 20 years of which were with Chemours TSS and Fluoroproducts businesses.
  • “Joe’s deep knowledge of our thermal management products portfolio, market, and customers is truly unmatched,” said Mark Newman, President and Chief Executive Officer at Chemours.

Despairing about climate change? These 4 charts on the unstoppable growth of solar may change your mind

Retrieved on: 
Thursday, May 11, 2023

Solar is now growing much faster than any other energy technology in history.

Key Points: 
  • Solar is now growing much faster than any other energy technology in history.
  • The rise and rise of cheap solar is our best hope for rapidly mitigating climate change.
  • Total solar capacity tipped over 1 terawatt (1,000 gigawatts) for the first time last year.

Australia is finding the path

    • All the leading countries for per capita solar and wind generation are in Europe – except Australia.
    • In Australia, 99% of new generation capacity is now solar and wind because it is cheap.
    • But unlike European countries, Australia cannot share electricity across national boundaries.
    • And South Australia will soon become the world’s first gigawatt-scale grid to run on renewables.

Where will the era of ubiquitous solar take us?


    Solar capacity has been growing at 20% a year for decades. Elimination of fossil fuels from the global economy is straightforward: electrify everything using clean electricity from solar and wind. This includes:
    • To run our homes, industries and vehicles with electricity, we’ll need to double electricity production.
    • If these trends continue, by mid-century we will be in a very different – and better –  energy world.
    • Given electricity consumption is strongly correlated with affluence, access to cheap electricity will be a major boon for many nations.

But is it possible?

    • To supply everyone with enough electricity to live a good life, we’ll need about 200 billion megawatt-hours per year (equal to 200,000 terawatt-hours per year).
    • That would see global electricity consumption reach 20 megawatt-hours per person per year – double Australia’s current consumption per person.
    • The main short-term bottlenecks are likely to be building enough transmission lines – and ensuring we have enough engineers and installers.

We have the space and the raw materials

    • Raw materials for solar panels are abundant – silicon from sand and common metals like steel.
    • There are no toxic metals or no critical materials like cobalt in them, and they are highly recyclable.
    • This, in turn, will boost their resilience in the face of war, pandemics and the changing climate.
    • The required area of solar panel is about five square metres per kilowatt (40 square metres total for 8 kilowatts).

EQS-News: R. STAHL with strong growth and significant increase in profitability in the first quarter of 2023

Retrieved on: 
Wednesday, May 10, 2023

Waldenburg, 10 May 2023 – R. STAHL had a dynamic start to financial year 2023.

Key Points: 
  • Waldenburg, 10 May 2023 – R. STAHL had a dynamic start to financial year 2023.
  • Demand for the company’s products and services was very high in all regions and industries in the first quarter of 2023.
  • An increasingly relaxed supply chain and a further increase in demand from all areas resulted in sales growth in the first quarter.
  • In terms of free cash flow, R. STAHL forecasts a low single-digit positive million euro amount in 2023.