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Surplus chemical industry overview

An overview for surplus chemicals industry regarding some tops products.

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Overview of Surplus
Chemical Industry
Tradeasia International
December, 2016
What is Surplus chemicals?
∞ Is there a chemical product that does not have a market for itself ?
∞ Is there a product which has very less demand but supply is on the higher side
??
∞ Is there a product that is not the principle component of manufacture but an
additional compound produced ?
∞ Is there a product which can reclaimed and used again ?
∞ Is there a product after its primary application can still be processed and used
in some other industrial / consumer application ?
∞ Is there any product that is of usable quality but not being able to be sold ?
∞ Is there any chemical product that is to be disposed because of environmental
impacts and restrictions of even when it can be used ?
∞ Is there any second grade product being produced which has limited
applications ?
What is Surplus Chemicals?
Surplus
chemicals
Recycled
Excess
inventory
Reclaimed
Second-
grade
products
If your answer is YES to any of the above questions then welcome to the database
of
SURPLUS CHEMICALS
Overview
Top products
• Relevant information
• Manufacturing process
Market Research
• Current market
• Barriers for developing the market
• Future market trends
Classification
of Surplus
Chemicals
Top products
Market
Research
Second
grade
product
By-
product
chemical
Recycled
solvents
Surplus Chemicals
Off spec
products
Excess
inventory
chemicals
Reprocessed
chemicals
Classification of
Surplus
Chemicals
Off – spec
chemicals
•Chemical products that do not meet the specified or standard requirements.
•Considered as same as off – grade chemicals?
Second-grade
products
•The quality is close to the top prime product, but possess lower quality.
•Have different applications compared with prime product, cheaper.
By –Product
chemicals
•A product that comes out of a production process in addition to the main product
•Can be directly consumed, used as input in another production process.
•Recycled chemicals have the function to perform as solvents
Classification of
Surplus
Chemicals
Recycled
Solvents
By-
product
chemical
• Ferrous Sulphate Heptahydrate (Wastewater Treatment)
• Acetone (Solvent, Chemical intermediate)
•Crude Glycerine 70% (Chemical intermediates)
Excess
inventory
chemicals
• Isopropyl Alcohol (Solvent, Fuel additives)
• Carbon black (Pigment, Coloring agent)
• Furfural 98.5% (Solvent for Phenolic resins, chemical intermediate)
Recycled
solvents
• Recycled Toluene (solvent in paints, inks and dyes)
• Recycled Ethyl Acetate ( Paint and coating formulation)
Off Spec
chemicals
•Carbon Black (pigment, reinforcement filler)
•White spirit (mild solvent, paint thinner)
Classification
of Surplus
Chemicals
Relevant Information:
• Name: Dimethyl ketone, 2-propanone,
Formula :CH3COCH3
• Clear, colorless, volatile liquid with sweet
odor.
• Both the simplest and most commercially
important aliphatic ketone
Manufacturing process
• Produced via the cumene process
• By-product of Phenol production
• 0.62 ton of acetone per ton of phenol
produced (97%)
Application
• Solvent for most synthetic fibers and plastics
• Manufacturing : Raw material for methyl methacrylate
(MMA) and bisphenol-A (BPA)
• Medical: Nail polish remover and chemical peeling
• Surplus acetone : raw material for IPA production
benzene propene oxygen acetone phenol
Top products
Acetone
Why have surplus acetone?
• By-product via the cumene process
• Acetone market grow slower than phenol market
• Huge amount of surplus acetone (2 million tonnes)
34%
26%
26% 6%
8%
14%
Current market Acetone
global consumption -2016
Solvent
MMA
BPA
IPA
other
Current market:
• IPA production– 6% of total consumption – main market
for surplus acetone
• Novapex - 40,000 tonnes/year IPA plant (France)
• LG – largest Korea Chemicals company – Acetone-based
Future market trend:
• Acetone-based IPA industry - 5-6% increasing globally
• Led by increasing demand of IPA from South East Asia –
semiconductors & end-use product
Barriers of developing the market
• Device - Access to hydrogen – high cost – only big firm can
afford
• Sluggish demand of IPA in China – less demand acetone -
unit value lower concurrently
Market
Research
Relevant information
• viscous liquid with naturally sweet taste
light yellow to dark brown in color
• Common name : Glycerol
• impure form of refined glycerine
Manufacturing process
• From Biodiesel root: Transterification
• From oleochemcial root: Fats + Sodium
hydroxide – glycerol + base (Purer)
Top product
Crude Glycerine
Application
• Further refining to refined glycerine
• Manufacturing : Raw material for production of
polyurethane
• Feed industry : Production of animal feed – good source of
energy - high absorption rate
Triglycerides alcohol Ethyl ester glycerine
- Crude glycerine as by-product
Current market Future Trend
• Crude Glycerine supply – annual 7% increasing
• More biodiesel – more glycerine –unit-price lower
• More value-added application : Animal feed stuff,
ingredients for human diets – maintain value
Market
Research
• Crude Glycerine – by-product of Biodiesel(2nd grade)
• Annual 4 millions tonnes – in 2016
• $240 / tonne – 2016 $900 /tonne – Refined glycerine
Barrier of developing the market
• Biodiesel – huge excess of crude glycerine
– utilized 20% of all crude glycerine –
larger amount of surplus – price lower –
profit lower
Manufacturing process
Natural producing – Mining: pumping water
into smaller ponds and allowing it to
evaporate. Upon evaporation, sodium sulfate
crystals will be precipitated out, and hence
isolated and collected.
Manufacturing of Viscose Rayon Fiber: Rayon
fiber is manufactured by using wood pulp and
sodium hydroxide to regenerate cellulose.
Through steeping and pressing, SSA are co-
produced with Rayon fiber as by-product.
Top product
Sodium sulfate
anhydrous
Application
• Industrial applications: Adhesives and sealant
chemicals, Bleaching agents, Fillers, Finishing agent.
• Consumer Applications: Air care products, batteries,
cleaning and furnishing care products
Manufacture of Methioine:
• Glucose/sugars are processed fermentation
process to produce Methioine as main product.
Sodium sulfate anhydrous are produced as main
Product.
Current market:
• China – 54% of total consumption – increasing 2-3%
annually
• Exports from China doubled since 2004 – to US and
other Asia countries – 95% total imports with Spain
Future market trend:
• Global demand 2.1% increasing per year since 2016
• Natural production becoming dominant – increased
production in China
Market
Research
Target Countries for customers :
USA , France
Korea, India, Mexico.
Largest markets for sodium sulfate.
Thank you!

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Surplus chemical industry overview

  • 1. Overview of Surplus Chemical Industry Tradeasia International December, 2016
  • 2. What is Surplus chemicals? ∞ Is there a chemical product that does not have a market for itself ? ∞ Is there a product which has very less demand but supply is on the higher side ?? ∞ Is there a product that is not the principle component of manufacture but an additional compound produced ? ∞ Is there a product which can reclaimed and used again ? ∞ Is there a product after its primary application can still be processed and used in some other industrial / consumer application ? ∞ Is there any product that is of usable quality but not being able to be sold ? ∞ Is there any chemical product that is to be disposed because of environmental impacts and restrictions of even when it can be used ? ∞ Is there any second grade product being produced which has limited applications ?
  • 3. What is Surplus Chemicals? Surplus chemicals Recycled Excess inventory Reclaimed Second- grade products If your answer is YES to any of the above questions then welcome to the database of SURPLUS CHEMICALS
  • 4. Overview Top products • Relevant information • Manufacturing process Market Research • Current market • Barriers for developing the market • Future market trends Classification of Surplus Chemicals Top products Market Research
  • 6. Off – spec chemicals •Chemical products that do not meet the specified or standard requirements. •Considered as same as off – grade chemicals? Second-grade products •The quality is close to the top prime product, but possess lower quality. •Have different applications compared with prime product, cheaper. By –Product chemicals •A product that comes out of a production process in addition to the main product •Can be directly consumed, used as input in another production process. •Recycled chemicals have the function to perform as solvents Classification of Surplus Chemicals Recycled Solvents
  • 7. By- product chemical • Ferrous Sulphate Heptahydrate (Wastewater Treatment) • Acetone (Solvent, Chemical intermediate) •Crude Glycerine 70% (Chemical intermediates) Excess inventory chemicals • Isopropyl Alcohol (Solvent, Fuel additives) • Carbon black (Pigment, Coloring agent) • Furfural 98.5% (Solvent for Phenolic resins, chemical intermediate) Recycled solvents • Recycled Toluene (solvent in paints, inks and dyes) • Recycled Ethyl Acetate ( Paint and coating formulation) Off Spec chemicals •Carbon Black (pigment, reinforcement filler) •White spirit (mild solvent, paint thinner) Classification of Surplus Chemicals
  • 8. Relevant Information: • Name: Dimethyl ketone, 2-propanone, Formula :CH3COCH3 • Clear, colorless, volatile liquid with sweet odor. • Both the simplest and most commercially important aliphatic ketone Manufacturing process • Produced via the cumene process • By-product of Phenol production • 0.62 ton of acetone per ton of phenol produced (97%) Application • Solvent for most synthetic fibers and plastics • Manufacturing : Raw material for methyl methacrylate (MMA) and bisphenol-A (BPA) • Medical: Nail polish remover and chemical peeling • Surplus acetone : raw material for IPA production benzene propene oxygen acetone phenol Top products Acetone Why have surplus acetone? • By-product via the cumene process • Acetone market grow slower than phenol market • Huge amount of surplus acetone (2 million tonnes)
  • 9. 34% 26% 26% 6% 8% 14% Current market Acetone global consumption -2016 Solvent MMA BPA IPA other Current market: • IPA production– 6% of total consumption – main market for surplus acetone • Novapex - 40,000 tonnes/year IPA plant (France) • LG – largest Korea Chemicals company – Acetone-based Future market trend: • Acetone-based IPA industry - 5-6% increasing globally • Led by increasing demand of IPA from South East Asia – semiconductors & end-use product Barriers of developing the market • Device - Access to hydrogen – high cost – only big firm can afford • Sluggish demand of IPA in China – less demand acetone - unit value lower concurrently Market Research
  • 10. Relevant information • viscous liquid with naturally sweet taste light yellow to dark brown in color • Common name : Glycerol • impure form of refined glycerine Manufacturing process • From Biodiesel root: Transterification • From oleochemcial root: Fats + Sodium hydroxide – glycerol + base (Purer) Top product Crude Glycerine Application • Further refining to refined glycerine • Manufacturing : Raw material for production of polyurethane • Feed industry : Production of animal feed – good source of energy - high absorption rate Triglycerides alcohol Ethyl ester glycerine - Crude glycerine as by-product
  • 11. Current market Future Trend • Crude Glycerine supply – annual 7% increasing • More biodiesel – more glycerine –unit-price lower • More value-added application : Animal feed stuff, ingredients for human diets – maintain value Market Research • Crude Glycerine – by-product of Biodiesel(2nd grade) • Annual 4 millions tonnes – in 2016 • $240 / tonne – 2016 $900 /tonne – Refined glycerine Barrier of developing the market • Biodiesel – huge excess of crude glycerine – utilized 20% of all crude glycerine – larger amount of surplus – price lower – profit lower
  • 12. Manufacturing process Natural producing – Mining: pumping water into smaller ponds and allowing it to evaporate. Upon evaporation, sodium sulfate crystals will be precipitated out, and hence isolated and collected. Manufacturing of Viscose Rayon Fiber: Rayon fiber is manufactured by using wood pulp and sodium hydroxide to regenerate cellulose. Through steeping and pressing, SSA are co- produced with Rayon fiber as by-product. Top product Sodium sulfate anhydrous Application • Industrial applications: Adhesives and sealant chemicals, Bleaching agents, Fillers, Finishing agent. • Consumer Applications: Air care products, batteries, cleaning and furnishing care products Manufacture of Methioine: • Glucose/sugars are processed fermentation process to produce Methioine as main product. Sodium sulfate anhydrous are produced as main Product.
  • 13. Current market: • China – 54% of total consumption – increasing 2-3% annually • Exports from China doubled since 2004 – to US and other Asia countries – 95% total imports with Spain Future market trend: • Global demand 2.1% increasing per year since 2016 • Natural production becoming dominant – increased production in China Market Research Target Countries for customers : USA , France Korea, India, Mexico. Largest markets for sodium sulfate.

Editor's Notes

  1. Good Afternoon, ladies and gentleman. I am Zewei and I am going to present about surplus chemical industry today. My presentaion will take about 15 minutes and Please feel free to ask any question at the end of my presentation.
  2. Many of you may feel confused what surplus chemicals are except miss divya. Let’s firstly look at these question. Alan, is there a chemical product which has very less demand but supply is on the higher side? Caroline … macba….
  3. If your answer is Yes to any of above questions, then welcome to the database of Surplus chemcials.
  4. Here comes the overview of my presentation. My pressentation mainly consists of 4 parts, the classification of …… Top products, market research and marketing plan. The top products part contains 2 parts, which are relevant information and manufacturing process. Market research part also consists of 3 parts, current market, Barriers for developing the market and future market trends.
  5. As for the classification of surplus chemicals, It consists of 6 parts, …….
  6. Here are some examples from top products list of surplus chemicals. Ferrous Sulphat heptahydrate Acetone Crude glycering – By –product chemical. Isopropyl Alcohol Carbon black xylene – excess inventory chemicals and Xylene. It is very obvios that recycled toluene and ethyl acetate are classified as recycled solvents.
  7. The first product I am going to discuss is acetone. As for relevant information, which is the chemistry of acetone, It has many names, dimethy ketone, 2- propanone. It is a clear colorless volatile liquid with sweet odor and also both the simplest and most commercially important aliphatic ketone. The acetone is produced via cumene process as shown in the picture. This process is designed for producing phenol and acetone is actually by-product. 0.62 ton of acetone will be produced per ton of phenol produced. Acetone has several applications, firstly it can be the solvent for most synthetic fibers and plastics. In manufacturing process, it can be raw material for methyl methaa crylate and bisphenol-A. Nail polish remover and chemical peeling. Last but not leat, which is the main applications for surplus acetone, is to be raw materials for IPA production. IPA is isopropyl alcohol. As for why using surplus for IPA, The aceotone market grow slower than phenol market, which lead to huge amount of surplus acetone, about 2 millions tonnes per year. As in they are surplus chemicals, the price is much lower than propene. Acetone could be taken up by the IPA market because IPA is cheaper to produce using acetone than propylene. Apart from this, the surplus chemicals can usually be purchased at a lower price than normal chemical products.
  8. Then It comes to the market research part, In current market, Producing IPA is used to counteract the surplus acetone so we should narrow down to this market, which share 6% of the whole market from the chart. In recent years, Novapax started using surplus acetone to produce IPA, which has a 40,000 tonnes year production of IPA. LG, the largest Korean chemcial company also converted to a acetone-based IPA producer. As for the future market trend, The market of surplus acetone based IPA producer has 5-6% annual increasing rate, which led by increasing demand of IPA from Asia, to produce semiconductors and end-use product. As for the barriers of developing market, although the price of surplus acetone is lower, the device is more expensive and current company needs to renew their device to produce IPA by acetone. Apart from this, the device also needs the access to hydrogen, which also leads to high cost. Last but not least, the sluggish demand of IPA in China in recent years also affect the demand of acetone negatively. Less demand of acetone, there will be more surplus acetone and less units wiill be.
  9. The next product I want to discuss Crude glycerine. It is also viscous liquid with naturally sweet taste light yellow to dark brown in color. Its common name is glycerol. The crude clycerine is actually impure form of refined glycerine. There are 2 main manufacturing process, the first one is transterification, which is designed to produce biodiesel and also produce glycerine as by-product.This is the main process to produce surplus crude glycerine. Another process is from oleochemical root, which is fats + sodium hydroxide – glycerol +base. Application of crude glycerine , firstly further refining to refined glycerine. Inmanufacturing , it is the raw material for production of polyurethane( seldom used). In feed industry, Crude glycerine energy source of anumal feed with high absorption rate.
  10. As for the current market of crude glycerine, it is the by-product of biodiesel and can also be considered as second grade chemicals with low purity, which needs further refining to become refined glycerine. The annual production is 2 millions tonnes in 2016 and the price is very low, $240, much lower than the refined glycering , which is $900 per year. As for the future, the crude glycering supply will increase at 7% annual rate as the biodiesel demand increasing, according to the chart. More Biodiesel produce, more crude glycerine will be, and the value or unit price of glycerine will be lower. So that there will be more value-added application : animal feed stuff and ingradients for human diets, which maintain the value of crude glycerine. There is also barriers of developing the market. The large demand of biodiesel contributes to huge excess of crude glycerine, which can only be utilized 20% every year. The large amount of surplus crude glycerine will make the prices of crude glycerine lower and lower.
  11. Manufacture of Methioine: Glucose/sugars are processed fermentation process to produce Methioine as main product. Sodium sulfate anhydrous are produced as main product
  12. Then It comes to the market research part, In current market, Producing IPA is used to counteract the surplus acetone so we should narrow down to this market, which share 6% of the whole market from the chart. In recent years, Novapax started using surplus acetone to produce IPA, which has a 40,000 tonnes year production of IPA. LG, the largest Korean chemcial company also converted to a acetone-based IPA producer. As for the future market trend, The market of surplus acetone based IPA producer has 5-6% annual increasing rate, which led by increasing demand of IPA from Asia, to produce semiconductors and end-use product. As for the barriers of developing market, although the price of surplus acetone is lower, the device is more expensive and current company needs to renew their device to produce IPA by acetone. Apart from this, the device also needs the access to hydrogen, which also leads to high cost. Last but not least, the sluggish demand of IPA in China in recent years also affect the demand of acetone negatively. Less demand of acetone, there will be more surplus acetone and less units wiill be.
  13. Thank you.