In a previous blog post, ADI discussed the highly carbon-intensive cement production process and highlighted that the clinker production process is where the majority of CO2 emissions occur. Clinker production emissions primarily result from the calcination process, followed by the use of fossil fuels to meet the energy demand for calcination. Consequently, these areas have […]
From exploration to refining: how AI is transforming oil and gas
As discussed in a previous blog, AI is expected to drive growth in the global economy and the oil and gas industry is no exception. AI is being implemented across the oil and gas value chain and finding uses in everything from exploration to refining. In exploration, AI and machine learning (ML) tools are being […]
One way or another – Part 2: EVs will drive chemicals
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 […]
One way or another – Part 1: EVs will drive chemicals
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 […]
Is GTL making a comeback?
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 […]
Growth drivers for smart grids
Electricity demand is rapidly growing across the globe. We see that global investment in electric utilities is increasing with almost 7% annual growth to ~$1,500 billion in 2030. These investments in electricity sector worldwide, particularly the push for greener energy, stands out as a crucial driver behind the demand for smart grid infrastructure. Green power […]
The next chapter for U.S. unconventional resources
Shale operators are in the midst of a remarkable transformation. Moving away from the era of rapid expansion at any cost, the industry is now embracing Shale 3.0 – a phase characterized by strategic growth and sustainability. This shift places a strong emphasis on capital discipline, innovation and engineered approaches, and a heightened focus on […]
AI is accelerating R&D, capital projects, logistics, and operations in chemicals
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 […]
Navigating the seas with green methanol: A low-carbon marine fuel
Methanol is a versatile chemical traditionally used to produce a wide range of other commodity chemicals like formaldehyde, acetic acid, and MTBE. Formaldehyde, acetic acid, and MTBE are the three primary chemicals that make up around 85% of methanol’s use in chemical applications. Formaldehyde is used to make urea-formaldehyde and phenol-formaldehyde resins, which are widely […]
How large can the AI market grow?
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 […]
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