The article discusses Harima Chemicals Group Inc.'s acquisition of full ownership of Hangzhou Hanghua Harima Chemicals Co. from its joint venture partner, Hangzhou Research Institute of Chemical Industry, marking the dissolution of the related JV agreement.
The article announces several personnel changes, including Antti Salminen being appointed as president and CEO of Kemira Oyj, Frits Eulderink stepping down as COO of Vopak NV, Louisa Burdett leaving Croda International PLC to become CFO at Spirax-Sarco Engineering PLC.
The article offers information on the management of CO2 emissions becoming as important as feedstock advantage, production technology, market access, and integration for petrochemical producers, according to Mark Eramo, global head of fuels, chemicals & resource solutions at S&P Global. Topics include the petrochemical industry's commitment to lowering carbon emissions, which Eramo described as a global balancing act complicated by geopolitics.
The article focuses on the projected growth in the water treatment industry driven by trends in sustainability, water reuse and digitalization, with companies like Ecolab and Solenis expecting steady expansion in revenue amidst normalized market conditions. Key topics include the emphasis on sustainability-driven solutions, increasing demand for water reuse and the adoption of digital tools for real-time monitoring and predictive analytics in water treatment processes.
The article focuses on Viridis Chemical Co.'s successful scaling of a biobased ethyl acetate production process, highlighting its simplified technology and downstream momentum. Viridis' ethyl acetate, recognized for its sustainability benefits, is expected to gain quick adoption in various end markets, supported by favorable market conditions and feedstock positions.
Published
2024
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