VAM

Global Bio-acetic Acid Market Analysis Report 2023-2030: Growing Demand in the Pharmaceuticals Industry & Increasing Usage of Bio-based Vinyl Acetate Monomer - ResearchAndMarkets.com

Retrieved on: 
Friday, November 10, 2023

The "Bio-acetic Acid Market Size, Share & Trends Analysis Report By Application (Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Ethanol), By Region, And Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Bio-acetic Acid Market Size, Share & Trends Analysis Report By Application (Vinyl Acetate Monomer, Acetic Anhydride, Acetate Esters, Ethanol), By Region, And Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The growing consumption of paracetamol and other medications is driving the demand for acetic anhydride globally.
  • Factors contributing to the high costs of bio-acetic acid include rising crude oil prices, growing demand for renewable materials, and increased investments in green technologies.
  • The company stated that this strategy would help to ensure a reliable supply of market and improve its ability to meet customer demand

Celanese Corporation Reports Third Quarter 2023 Earnings

Retrieved on: 
Monday, November 6, 2023

The Acetyl Chain delivered third quarter net sales of $1.2 billion, a 1 percent decrease from the prior quarter.

Key Points: 
  • The Acetyl Chain delivered third quarter net sales of $1.2 billion, a 1 percent decrease from the prior quarter.
  • In a global demand environment that remains challenged, the Acetyl Chain has demonstrated the stability and resilience of its foundational earnings across each quarter of 2023.
  • Sequential increases in these earnings metrics was supported by increased earnings contributions from Mobility & Materials (M&M) driven by volume growth and incremental synergies.
  • The effective tax rate for 2023 adjusted earnings was revised to 9 percent based on the expected jurisdictional earnings mix for the full year and consideration of other non-recurring U.S. GAAP items.

Illuminate Addresses Gender and Racial Inequities in Aneurysm Care

Retrieved on: 
Thursday, June 8, 2023

OVERLAND PARK, Kan., June 8, 2023 /PRNewswire/ --Softek Illuminate, Inc., provider of enterprise follow-up management and discovery software, announces significant arterial aneurysm enhancements which allow the comprehensive life-saving capability of their Illuminate Discovery360TM Platform which benefits all at-risk aneurysm populations. One real world example of this life saving technology that also ensures health equity, is the Aortic Aneurysm program at UCDavis Health.

Key Points: 
  • Leveraging new comprehensive arterial aneurysm surveillance capabilities to fully automate the identification and management of aneurysm patients.
  • OVERLAND PARK, Kan., June 8, 2023 /PRNewswire/ -- Softek Illuminate, Inc. , provider of enterprise follow-up management and discovery software, announces significant arterial aneurysm enhancements which allow the comprehensive life-saving capability of their Illuminate Discovery360TM Platform which benefits all at-risk aneurysm populations.
  • One real world example of this life saving technology that also ensures health equity, is the Aortic Aneurysm program at UCDavis Health .
  • They provide examples of how our people, process and technology can be used to uncover and resolve gender and racial inequities:

Celanese Corporation Reports First Quarter 2023 Earnings

Retrieved on: 
Tuesday, May 9, 2023

The Acetyl Chain delivered first quarter net sales of $1.3 billion, a 10 percent increase from the prior quarter due to a 10 percent increase in volume.

Key Points: 
  • The Acetyl Chain delivered first quarter net sales of $1.3 billion, a 10 percent increase from the prior quarter due to a 10 percent increase in volume.
  • While demand for acetyls in Europe and Asia improved significantly over the prior quarter, volume in the first quarter lagged the same quarter of last year by 9 percent and was insufficient to support pricing expansion.
  • Engineered Materials reported first quarter net sales of $1.6 billion, a 32 percent increase from the prior quarter.
  • The M&M contribution to EM earnings increased sequentially through volume recovery and approximately $10 million in synergies delivered across the quarter.

KBR Acquires Acetica℠ - a Carbon Utilization Technology

Retrieved on: 
Thursday, March 23, 2023

HOUSTON, March 23, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has acquired Acetica℠, an acetic acid production technology, which expands KBR's petrochemicals value chain through a profitable pathway for CO2 utilization.

Key Points: 
  • HOUSTON, March 23, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has acquired Acetica℠, an acetic acid production technology, which expands KBR's petrochemicals value chain through a profitable pathway for CO2 utilization.
  • KBR is the only independent global licensor of acetic acid technology.
  • "KBR is continuing to expand its wide spectrum of sustainable technology solutions in the syngas and acetyls value chains," said Doug Kelly, KBR President, Technology.
  • KBR has been a leader in process technology development, commercialization, and plant design solutions for over 50 years.

Celanese Corporation Reports Full Year 2022 and Fourth Quarter Earnings

Retrieved on: 
Thursday, February 23, 2023

Additionally, the Acetyl Chain intentionally idled all five of its major production units in China at different points in the fourth quarter.

Key Points: 
  • Additionally, the Acetyl Chain intentionally idled all five of its major production units in China at different points in the fourth quarter.
  • The Acetyl Chain delivered fourth quarter net sales of $1.1 billion due to sequential pricing and volume declines of 10 percent and 9 percent, respectively.
  • Engineered Materials reported fourth quarter GAAP operating profit of $25 million and adjusted EBIT of $138 million which included affiliate earnings of $31 million.
  • Based in Dallas, Celanese employs approximately 13,300 employees worldwide and had 2022 net sales of $9.7 billion.

IDTechEx Explores Nine Startups Innovating Polymer Additive Manufacturing

Retrieved on: 
Thursday, February 9, 2023

In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.

Key Points: 
  • In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.
  • This article explores a selection of these innovators; further discussion on emerging players can be found in IDTechEx's report on " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ".
  • Many polymer 3D printer manufacturers have sought to address the throughput concerns inherent with additive manufacturing with varying degrees of success.
  • Meanwhile, developers of volumetric additive manufacturing look to flip the current 2.5D layer-wise nature of additive manufacturing on its head.

IDTechEx Explores Nine Startups Innovating Polymer Additive Manufacturing

Retrieved on: 
Thursday, February 9, 2023

In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.

Key Points: 
  • In IDTechEx's market report on 3D printing, " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ", the polymer AM industry is forecast to rise to over US$21 billion by 2033.
  • This article explores a selection of these innovators; further discussion on emerging players can be found in IDTechEx's report on " Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook ".
  • Many polymer 3D printer manufacturers have sought to address the throughput concerns inherent with additive manufacturing with varying degrees of success.
  • Meanwhile, developers of volumetric additive manufacturing look to flip the current 2.5D layer-wise nature of additive manufacturing on its head.

Bio-acetic Acid Market Size, Share & Trends Analysis Report 2022: A Global $319.6 Million Market by 2030 Featuring Key Players - Cargill, Novozymes, LanzaTech, and Afyren - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 20, 2022

This increase can be attributed to the need for bio-acetic acid in the food and beverages and construction industries.

Key Points: 
  • This increase can be attributed to the need for bio-acetic acid in the food and beverages and construction industries.
  • Asia Pacific region was valued at USD 100.7 Million in 2021 and is estimated to grow by registering a CAGR of 5.45% by 2030.
  • It is estimated to reach USD 63.3 Million by 2030, registering a CAGR of 5.1% in the predicted years.
  • The market is competitive owing to the presence of several players such as Cargill, Inc., Novozymes A/S, LanzaTech, and Afyren SAS.

KBR Proprietary Technology Selected to Produce Eco-Friendly Paints

Retrieved on: 
Tuesday, January 3, 2023

HOUSTON, Jan. 3, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its proprietary Vinyl Acetate Monomer (VAM) technology has been selected by Asian Paints Limited for a grassroots production facility in India.

Key Points: 
  • HOUSTON, Jan. 3, 2023 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its proprietary Vinyl Acetate Monomer (VAM) technology has been selected by Asian Paints Limited for a grassroots production facility in India.
  • Under the terms of the contract, KBR will provide technology licensing, basic engineering, proprietary equipment, and catalyst for a 100,000 tons per annum VAM facility.
  • "We are excited to support Asian Paints' vision to produce environmentally friendly paints using our VAM technology," said Doug Kelly, KBR president, Technology.
  • KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results.