Plastic waste (PW) has been one of the world’s biggest pollution problems in recent years. It has been estimated that the world produces 300 million tons of plastics annually, and only a small percentage of this amount is recycled. Only a fraction of our plastic waste is recycled, while the production of new plastic, derived
Amidst the growing competitiveness among countries to become a world leader in green energy transition, Saudi Arabia is forging ahead with renewable projects. The oil-rich Gulf region is among the areas that can benefit most from the rising global appetite for renewable energy sources due to the abundance of land available for facilitating wind and
The transition from fossil fuels to clean energy sources for reducing the emission of greenhouse gases are leading to the emergence of promising alternatives, one of them being Green Hydrogen. Green hydrogen, which uses renewable energy to produce hydrogen from water, has the potential to decarbonize hard-to-electrify sectors of the economy. Hydrogen is the most
The use of synthetic chemicals is ubiquitous, from cars to clothes, electronic gadgets to construction materials, handbags to skincare products, and what not. However, the growing adoption of synthetic chemicals across various end-use industries is putting a strain on the environment, primarily contributing to climate change, toxic pollution, and plastic waste problems that threaten human
Helium, a non-renewable element found deep within the Earth’s crust is currently in short supply. Decreased supply from major producers, including Russia which has curtailed its production since the war in Ukraine is believed to be the key reason for the sudden helium crisis. In January 2022, the Russian plant producing a large amount of
The chemical sector is a four trillion-dollar global business, providing direct and indirect employment to more than 20 million people. From the food that we consume to the clothes that we wear, the technology that we harness to fertilizers used for crops, chemical use is ubiquitous. The chemical industry uses a wide range of raw
As the Russia-Ukraine conflict is intensifying, the rift between the two countries have snowballed into causing a major economic turmoil across the globe. Several countries are directly or indirectly dependent on Russia and Ukraine for various commodities, which has severely impacted the price of food, energy, fertilizers, pharmaceuticals, etc. Russia and Ukraine are the biggest
With the rise of the fast development of new competitors in Asia and the Middle East and decades of consolidation through mergers and acquisitions, the chemical industry is now encountering game-changing challenges due to the disruptive potential of digitalization. Leaders in the chemical industry are leveraging digital tools and technologies to achieve sustainable business growth
With the continuous rise in population and industrialization, the demand for Hydrogen Peroxide is gradually increasing in various end-user industries including pulp, chemical manufacturing, pharmaceutical, cosmetic, electronic, wastewater treatment and others. Sanitation and healthcare are the most crucial sectors demanding the high production of Hydrogen Peroxide. Being a valuable commodity chemical, a wide range of technologies are
According to ChemAnalyst report, “Global Vinyl Acetate Monomer Market Analysis: Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End-User Industries, Distribution Channel, Regional Demand, 2015-2030”. Global Vinyl Acetate Monomer market is growing exponentially over the last few years and is anticipated to accomplish a CAGR of 4.07% in the forecast period as it is extensively used in
