2022 should see more industry players create goals and plans around abatement of emissions and monetization of waste.  (Source: ©Kalyakan - stock.adobe.com)
Market Report

Top 5 Trends in the U.S. Chemical Industry

The recent report titled ‘2022 Chemical Industry Outlook’ by Deloitte highlights 5 key trends in the U.S. chemical industry. Right from adopting digital technologies to undertaking sustainability measures such as the implementation of e-crackers, advanced chemical recycling, green hydrogen, carbon capture and storage, the report elaborates on the current trends that are set to transform the industry like never before.

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The Gea Smart Filtration monitors membrane filtration systems in real time and visualizes the status on a digital dashboard.  (Source: Gea)
Real-time App

Software for Monitoring Membrane Filtration Plants

Gea introduced the intelligent software solution Gea Smart Filtration for membrane filtration plants at a recently held beverage and liquid food industry trade show. The software monitors the plant status remotely via app and makes use of cloud connectivity and real-time analytics to increase plant availability and performance. One of the company’s customers Seagarden, a supplier of fish-based ingredients in Norway, has also invested in a Gea membrane filtration plant that will be connected via app in the future.

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LG Chem ‘Celebrating the Launch of LA (lactic acid) and PLA (poly lactic acid) Ventures’ with ADM. (Source: LG Chem)
Green Strategies

LG Chem, ADM Establish Joint Ventures for ‘Eco-friendly Bio Plastic’

LG Chem and ADM have entered into an agreement to establish two new joint ventures focusing on LA (lactic acid) and PLA (poly lactic acid). The first joint venture ‘Greenwise Lactic’ will produce 150,000 tons of high-purity corn-based lactic acid every year while the second one ‘LG Chem Illinois Biochem’ will use Greenwise Lactic’s lactic acid to produce 75,000 tons of bioplastics annually.

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Predictive KPI cockpit for a production plant simulated with Inosim. (Source: Inosim)
Software

New Version of Process Simulation Software

Inosim has introduced Version 13 of its Process Simulation Software which offers Inosim Bicon. This enables one to better analyze the complex, dynamic behavior of the production plant and its interdependent processes. The latest version also comes with the Inosim Foresight system which forecasts the future state of a plant, based on high-precision digital twins.

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