The Output Growth Of European Chemicals Will Shut Down Because Of Debt Crisis

CEFIC, the European Chemical Industry Association, said last week, due to the European debt crisis, the production of chemicals in Europe in 2012 will stop growing. Before this, the Association had forecast that the output of chemicals in Europe will grow by 1.5 percent this year. However, the European chemicals production increased by 1.3% In 2011.

In fact, this lowered expectations, the output of chemicals will stop growing rather than a negative growth this year, was expected by CEFIC ??based on more optimistic assumptions state. While reaching this conclusion, the CEFIC assumeed that the weak performance of government debt and bank in Europe will not spread in the EU Member States; It also assumeed that the United States and China, two main export markets of European companies, their economies will still have stronger growth.

Just at the end of the first quarter of this year, the head of Europe and the U.S. chemical companies also expected that the demand for chemicals would be stronger in the second half of this year, but now it seems that stronger signs don’t appear. Kevin Swift, the chief economist of American Chemistry Council (ACC), said the recent economic indicators of US. mixed good and bad; while the commercial inventory levels rose, the overall industrial production has dropped in May, and this is a second fall last 3 months.

The analysts of chemical industry also find the decline of various company’s business. Bruce Kasi Man, the chief economist of JP Morgan investment bank will also reduce his expection on the global economy growth in the second half from 2.6% to 2.1%.

Hubert Mann from CEFIC and Kevin Swift from ACC both believe that if the national economic policies can be beneficial to enhance business confidence, manufacturing grows subsequently. In addition, they also expect central banks to take further policy stimulus. Bruce Kasi Man argueed that in the current economic situation, hopes that countries can introduce effective measures is unrealistic.

Pacific Potash Acquired Western Potash Corp’s Assets

Recently, Canadian Pacific Potash Corporation issued a letter to the Western Potash Corp intends to acquire the assets of the Western Potash Corp of Amazon basin in Brazil.

It is reported that Moonraker which is the Western Potash Corp shareholder had decided to sell the 497.5 million shares that he hold to the Pacific Potash Corp. As the equity transaction is completed, the Pacific Potash Company will get the 80% assets of Western Potassium Corp in Brazil, and the Moonraker also will become a wholly owned subsidiary of Pacific Corporation.

The Pacific Company said, to achieve this acquisition, their company has invested a total amount of $ two million these three years, and invested at least $ 300,000 per year.

The Operating Rate Of Global Methanol Equipments Is Expected To Rebound

In 2011, the global demand for methanol totaled about 54 million tons. In the next few years, drived by the rapid development of emerging application areas, the global methanol demand in 2015 will surge to 85 million tons. By then, the overcapacity situation of global methanol is expected to be effective mitigated, and the average operating rate of methanol devices will be back up to about 80% compared to 60% to 65% in the last two years. This information was obtained by the reporter from the recent the General Assembly of China International Nitrogen Fertilizer And Methanol In 2012.

Pang eagle, the senior director of IHS consulting firm, analysized the global methanol market conditions in detail. He pointed out that, from 2008 to 2011 the global methanol production capacity increase at an average annual 10 million tons, while demand growth large far behind the capacity growth. Because of excess capacity, the average operating rate of the methanol plant is maintained at 60% to 65%.The global annual increase of the methanol production capacity is estimated to 3 million tons in 2012 to 2015, at the same time demands for methanol blended gasoline, methanol to dimethyl ether and methanol to olefins and other emerging applications will continue to grow rapidly, especially in the year of 2015, a large number of methanol to olefins projects will put into operation in China, methanol consumption in this field will be more than 15 million tons. The fast growth in demand is expected to make the methanol plant, the average operating rate rose to about 80%.

As for North America region, he said, the methyl tert-butyl ether production in this region is significantly reduced because of the impact of methyl tertiary butyl ether contaminated water events in the past five years, resulting methanol consumption decreased by 30%. Methanol demand and production in the region in the next few years will continue to show weakness stagnation state does not have a big development.

European region about consumed 8 million tons of methanol each year in recent years, leading to the methanol consumption in the region of 2015 to reach about 900 million tons. The region produces methanol by using natural gas as raw material. It doesn’t have the advantages of raw materials, so the production of methanol shows a downward trend, the methanol consumption in the future will rely mainly on imports.

Northeast Asia is the main consuming market of methanol, accounting for more than 60% of the total global consumption. Methanol production and consumption in the region is basically concentrated in mainland China. The methanol consumption situation of the Chinese market is a hot topic of global concern.

BASF Cooperates With Oleon In The Production Of Propylene Glycol

Recently, the Oil Products Company Oleon launched bio-based propylene glycol manufacturing factories in Belgium Ertvelde, a total of 120 people participated the activity, including employees of local government officials, the leadership of BASF and Oleon Ertvelde. As the world’s leading factory, the process of production applys a high degree of sustainable technologies.

Traditionally, propylene glycol is derived by the hydrolysis of epoxy propane,  while the new factory produces the chemical by the decomposition of glycerol in the by-product of oil of oil. In addition, using glycerol to produce propylene glycol significantly reduces the production steps, thereby increases the efficiency of the production of bio-based propylene glycol.

BASF is not only studies this glyceryl production with the Oleon company, but also provides a vital catalyst for the production process.

Michael Baier, the BASF catalyst vice president, said: “It’s very honored to cooperate with Oleon, and introduce this new production technology to the chemical market. Regarding glycerol as the starting materials will ensure the sustainability of bio-based propylene glycol production.”

Chris Depreeuw, the regional director of marketing of Oleon Ertvelde, then added: “Oleon already started using green chemistry technologies that was known by most people. The perfect cooperation with BASF allow our company to achieve ecological technology of production of propylene glycol.

 

Cherries vs. Its Extract

George Washington just might have known about the benefits of cherries when he chopped down the cherry tree. They are used to fight inflammation, allergies, hay fever, gout and arthritis. Its extract has a strong cherry aroma and flavor, and it can be used in a variety of ways. It is available in both natural and artificial forms and also has been found to have natural health benefits.

Raw cherries and cherry extract both offer anti-inflammatory benefits, help fight free radicals, and neutralize uric acid. Cherry extract is more concentrated and is more similar in functioning as an anti-inflammatory drug, an antihistamine and certain anti-asthma drugs.

Both natural and artificial cherry extract are available. The artificial product is made with flavor compounds which are designed to resemble cherries, and it can have a syrupy or sweet flavor. Natural product is made when cherries are soaked in alcohol, drawing out the flavor and aroma of cherries. Most often, cherries are soaked in vodka for several weeks and then strained. In either case, whole fruit is used so that the flavors in the pits will also seep into the extract; people can also make cherry extract at home by covering cherries in a neutral alcohol like vodka and allowing them to soak for several weeks before straining the mixture.

It is rich in antioxidants, which help combat conditions such as cataract, arthritis, Parkinson’s disease and arteriosclerosis. Natural cherry extract also can help fight inflammation, such as gout, because it neutralizes uric acid, which causes pain in joints. It also can be beneficial for those with hay fever and allergies.

Like other fruit extracts, the alcohol in cherry extract burns off very quickly, leaving the flavor behind. These versions are typically artificial, and cooks may want to experiment with several brands to find the right flavor. The extract-making almond contains benzaldehyde, and this is what gives it its flavor. Benzaldehyde is also found in cherries, as well as apricots, peaches, and plums. Non-alcoholic versions are available for people who wish to avoid using alcohol products for religious or dietary reasons. If an extract is too sweet, it can be given a more tart note with fresh lemon or lime juice.

Cherry extract can also be added to ice cream, milkshakes, and mixed drinks, and some savory recipes call for it. This flavoring can be added to cakes, pies, muffins, cookies, and so forth, and it may also be used to make cherry icing as well. Raw cherries and cherry extract both provide many health benefits, and both can alleviate pain and symptoms that accompany many inflammatory conditions. Life is not just a bowl of cherries anymore, it also is an extract.