Trillium Renewable Chemicals’ Post

Here’s a little throwback from the WBENC conference in Denver last month 🏔️ Very proud that Proshare Services was a graduate of the 2023 Chemical Industry Accelerator cohort lead by one of the best! If you get the opportunity to participate in his next cohort, it was one of my favorite programs put on by the WBENC organization. Do you have any suggestions on programs or opportunities that your business has participated in? Please share in the comments below 👇 #chemical #energy #wbencconf

#FossilFuels #Chemicals Recommended read 🔴 "Connected we stand: Lead firm ownership ties in the global petrochemical industry" by Joachim Peter Tilsted and Fredric Bauer Highlights • The petrochemical industry is key to the global fossil energy order. • Lead firm networks conditions pressures for transformative change. • Major petrochemical firms are integrated through ownership networks. • Ownership integration amongst lead firms underpin commitments to fossil fuels. #ClimateChange #AgroChemicals #Plastics #Transparency https://lnkd.in/e3XaZisf

𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗺𝗮𝗷𝗼𝗿 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗳𝗮𝗰𝗲𝗱 𝗯𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗮𝗿𝗼𝗺𝗮𝘁𝗶𝗰 𝗵𝘆𝗱𝗿𝗼𝗰𝗮𝗿𝗯𝗼𝗻 𝗺𝗮𝗿𝗸𝗲𝘁? 1. Regulatory Compliance: Meeting stringent environmental regulations regarding emissions and waste disposal poses a significant challenge for players in the aromatic hydrocarbon market. 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐨𝐟 𝗔𝗿𝗼𝗺𝗮𝘁𝗶𝗰 𝗛𝘆𝗱𝗿𝗼𝗰𝗮𝗿𝗯𝗼𝗻 𝗠𝗮𝗿𝗸𝗲𝘁. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://lnkd.in/gfbTG6-k 2. Volatile Feedstock Prices: Fluctuations in crude oil and other feedstock prices can impact production costs and profit margins for aromatic hydrocarbon producers. 3. Competition from Substitutes: Competition from alternative chemicals and renewable sources may threaten the market share of aromatic hydrocarbons in certain applications. 4. Economic Uncertainty: Economic downturns and market instability can disrupt demand patterns and affect investment decisions in the aromatic hydrocarbon industry. 5. Technological Innovation: Keeping pace with advancements in technology is essential for maintaining competitiveness and meeting evolving customer demands in the aromatic hydrocarbon market. 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: ExxonMobil, Shell, ConocoPhillips, LyondellBasell, Flint Hills Resources, Huntsman Corporation, TotalEnergies, Calumet Specialty Products Partners, L.P., Neste, Eastman, Haltermann Carless, Braskem #aromatichydrocarbon #organicchemistry #hydrocarbons #aromaticcompounds #chemistry #chemicalcompounds #petrochemicals #aromaticchemistry #chemicalengineering #aromaticity #chemistrybasics #chemicalindustry #organicchemistry #aromaticring #chemistryconcepts

Daily Chemical Reaction - June 13: Integration – Allows Westlake To Effectively Shoot From Its HIP, OMV To Outperform Competitors In High-Cost Regions | https://hubs.li/Q02BMpx20 🔍General Thoughts: We joined investor events at Westlake and OMV today, where both highlighted the benefits of integration, though from different starting points, and product upgrading as keys to their long-term strategies. 🔍#SupplyChain / #Commodities: Westlake's integrated specialty product push differentiates it from Chlor-vinyl peers, and OMV’s push downstream comes with a competitive advantage. Both strategies are return-enhancing. 🔍#Energy / #Upstream: We discuss North American petrochemical production cost advantages and the need for those in high-cost areas, such as Europe, to take a more cost-effective, integrated approach to outperform peers. 🔍#Sustainability / #EnergyTransition: We discuss the sustainable and circular product push at OMV, highlighting its efforts and resin buyer/brand-owner ambitions, and switch gears to discuss Chlor-vinyl sector decarbonization. 🔍#Downstream / Other #Chemicals: We flag Westlake views of US building and construction markets, discuss recent China wholesale inflation statistics, and recently elevated trade policy disputes between China and the EU. Companies: OMV Westlake Borealis Borouge ADNOC Group Olin Formosa Plastics Corporation, U.S.A. Oxy aramco Enterprise Products Celanese BASF Chevron QatarEnergy Haldia Petrochemicals Ltd Danimer Scientific Tesla Commodities: #Ethane, #PVC, #Chlorine, #Ethylene, #Naphtha, Crude #Oil, Natural #Gas, #Coal, #LNG, Chlor-Alkali, #Hydrogen, #EVs, R-#HDPE, #SAF, #Hydrogen, #Biodegradable #Polymers, #Polyethylene, #CMACC

Do you know what we use to power our production plants? 🏭 BASF primarily utilizes ✅oil, ✅natural gas, and ✅Verbund by-products as raw materials in the production of LowPCF intermediates, while avoiding ❌coal. The use of Verbund by-products is particularly advantageous, as it optimizes the production plants’ energy use and reduces waste. By doing so, we demonstrate our commitment to sustainability by minimizing emissions and enhancing the overall efficiency of our operations. Fransis Chadikun, our Senior Vice President of the Intermediates Americas Division, emphasizes that this approach allows the manufacture of 1,6-hexanediol (HDO) at the Freeport, Texas site and formic acid (FA) at the Geismar, Louisiana site to achieve significantly reduced CO₂ emissions. 🔍To learn more about the Carbon Trust verification, read the full release > https://lnkd.in/enb3z5Nm #TheCarbonTrust #BASF #CarbonFootprint #Sustainability #NPG #HDO #FormicAcid #PropionicAcid

🍃 What are we doing at Evonik to decarbonize?  🗣️ That was one of the questions Rob Westervelt, editor-in-chief of Chemical Week by S&P Global, asked me at the World Petrochemical Conference in Houston, Texas, last week.  💡 In the interview, I also shared some insights into some of our latest innovations. Find out more in the video.  #Evonik #ChemWeek #SPWPC #Houston #EnergyTransition 

Join a Deloitte Dbriefs webcast on the 2025 chemical industry outlook, 12/12. Gain insights to better address the evolving energy landscape.

Daily Chemical Reaction - May 9: Thank You, Sir! May I Have Another!?! More Ethylene Closures Needed Beyond LyondellBasell! | https://lnkd.in/g7WT_Una 🔍General Thoughts: We do not view the LyondellBasell strategic review of its European petrochemical assets with surprise, as it is a sign of more to come, as Europe faces challenges with high costs and mature domestic demand. 🔍Supply Chain/Commodities: Part of the C-MACC team is at NPE2024 in Orlando this week, while the other has remained in Houston busy with project work led by Graham Copley amid a growing need for our ethylene study. 🔍Energy/Upstream: We discuss chemical feedstock price trends, showing crude oil and Ex-US naphtha relative to US natural gas/ethane prices – this clearly illustrates why most European chemical producers are in a tough spot. 🔍Sustainability/Energy Transition: We highlight the significant amount of steam/heat needed in many chemical processes, which is one of the challenges to decarbonizing its upstream assets and another major issue in Europe. 🔍Downstream/Other Chemicals: We highlight ifo Institute estimates of weakness in new manufacturing orders in Europe and trade data between Europe and China to show more factors hurting the European chemical industry. Companies: aramco, Huntsman Corporation, INEOS, Shell, Trinseo, Nutrien, AmSty, bp, TotalEnergies, Williams, Air Products, PureCycle Technologies, Rivian, BYD, NETA HK Auto, Electric Hydrogen, Mitsubishi Chemical Group, Mitsui Chemicals Group, Asahi Kasei, Siemens Gamesa Commodities: #Ethylene, #Ethane, #Styrene, #Propylene, #Butadiene, #CrudeOil, #Polystyrene, #Ammonia, #HDPE, #PP, #Polycarbonate, #NaturalGas, #Gasoline, #Diesel, #LNG, #Hydrogen, #Carbon, #EFuels, #EV, #Wind #Power

#PressRelease OPIS Presents Speaker Lineup for the 2nd Annual #WorldChemicalForum. Read more: https://bit.ly/3SSmq7B OPIS, A Dow Jones Company, will convene global experts and industry executives at its second annual World Chemical Forum, scheduled in Houston, Texas, on September 9-11, 2024. Hosted by Chemical Market Analytics by OPIS, the event will examine the critical factors shaping the future of the energy and chemical markets. #energy #chemicals

Catch the latest Hydrocarbon Engineering Spotlight Q&A featuring Clariant Catalysts! In this Spotlight interview, Wolf Spaether, Head of Marketing and Product Management for Ethylene, Clariant Catalysts, guides us through refinery off-gas purification (ROG).  Wolf explains what ROG purification is, considers the use of ROG purification units in integrated refinery/petrochemical complexes, and explores how ROG purification can help to contribute to more sustainable operations. Don’t miss out – watch the full interview here: https://bit.ly/3ASO6n1  #HydrocarbonEngineering #Spotlight #Clariant #ROG #Sustainability