Industry: Chemicals & Plastics

I recently spoke at the Adhesive and Sealant Council’s 2024 Annual Convention and EXPO in Louisville, Kentucky, where much attention was placed on the value proposition of adhesives and sealants in the realm of energy transition. Discussions revolved around bio-based and low-carbon products, as well as the applications of adhesives and sealants in emerging sectors […]

I recently spoke at the Adhesive and Sealant Council’s 2024 Annual Convention and EXPO in Louisville, Kentucky, where much attention was placed on the value proposition of adhesives and sealants in the realm of energy transition. Discussions revolved around bio-based and low-carbon products, as well as the applications of adhesives and sealants in emerging sectors […]

Although electric vehicle (EV) sales are slowing, they have surpassed expectations in the past few years. While an average EV still remains more expensive than an internal combustion engine (ICE) vehicle today, prices have fallen significantly in recent years. As shown in exhibit 1, the decline in lithium-ion battery pack prices since 2015 is particularly […]

Natural gas prices are hitting rock bottom, with Henry Hub averaging a mere $1.49 in March 2024, the lowest monthly average since 1997. Shale operators are responding by curtailing production. Chesapeake, a leading producer, started the trend with cuts announced in early March. Other companies like Coterra Energy, Comstock Resources, EQT, and CNX Resources have followed suit, reducing drilling activity or implementing production curtailments. ADI anticipates […]

Like many industries, the chemical industry is benefiting from advancements in artificial intelligence (AI), machine learning (ML), and cloud computing capabilities. Both large tech companies and small startups are capitalizing on the capabilities of AI to spur development in the chemical industry. Research and development, process design, supply chain management, and predictive maintenance are the […]

While conventional chemical uses of methanol persist, its burgeoning application as a low-carbon marine fuel, driven by the global energy transition and the IMO’s decarbonization targets, is projected to be the primary catalyst for future methanol demand growth.

Recent developments in artificial intelligence (AI), machine learning (ML), cloud computing, and other technologies are leading to rapid implementation in various industries around the world. These developments have only been possible due to recent increases in computing power and availability of vast datasets needed to train AI programs. This along with improved algorithms for training […]

Ammonia is mainly used in fertilizer production which represents ~70% of global ammonia demand. A rising population is expected to support consistent ammonia-based fertilizer demand growth in the medium term. Traditionally, ammonia has been produced via steam methane reforming (SMR) or auto-thermal refining (ATR) of methane gas which can emit 1.9 to 2.6 tons of […]

At the 2023 FlexPO+ (now part of the ADI Forum), Uday Turaga, CEO, ADI Analytics, highlighted the pivotal role of innovation in the plastics and polymers industry. Key topics included the importance of innovation and R&D in the chemical industry, which consistently contribute to higher shareholder returns. The discussion emphasized how innovation drives growth, particularly […]

At the 2024 ADI Forum, Jim Simon, CEO, Braven Environmental, presented the afternoon keynote address on chemicals day. This was followed by a fireside chat with Uday Turaga, CEO, ADI Analytics. Key topics included industry challenges like feedstock sourcing and regulatory hurdles, highlighting Braven’s technological solutions. It also covered investor interest, the use of pyrolysis […]

At the 2024 ADI Forum, Uday Turaga, CEO, ADI Analytics, presented the energy transition outlook. Key topics included the persistent role of oil and gas, the impact of policies like the IRA on clean energy, and challenges in commercializing new technologies beyond just capital. Themes highlighted evolving energy economics, underestimation of risks by incumbents, and […]

At the 2024 ADI Forum, George Skoptsov, CEO, H Quest Vanguard; Brendan Walsh, Sales Director, Americas, Origina; and Anahita Khanlari, Marketing Director, AspenTech, joined Uday Turaga, CEO, ADI Analytics, for the innovation panel. Key topics included the integration of AI and digital technologies into traditional industries such as energy and chemicals. The discussion explored how […]