The State of California, through its Department of Toxic Substances Control, is proceeding with a major new regulatory program aimed at reducing or eliminating many toxic chemicals in consumer products. The state’s actions could significantly impact the way many consumer products are made and sold in California and throughout the United States.
The rising cost of energy has forced many manufacturers to focus their sights on innovative ways to optimize energy consumption and improve operational efficiency. Energy management, process efficiency and incorporating more sustainable procedures are critical for maintaining a competitive edge in today’s markets.
Manufacturers have found a new weapon in their battle with production costs – energy savings. Whether by generating their own electricity, negotiating with their local utility, or managing their production process to take advantage of price signals in the energy marketplace, manufacturers are taking an active role determining the energy component of their product costs.
In a large chemical facility there are often many opportunities for energy savings. By using the appropriate monitoring systems, dramatic cost savings can be realized while running at peak efficiency. The following case study shows how tracking VOC emissions and implementing BTU and LFL analyzers contributed to productivity, increased safety and energy savings.
The experts at Carbon Lighthouse are working together with industrial and commercial facilities to reduce emissions and dramatically save on energy costs. Their first mission is to serve the environment by finding and delivering financially beneficial solutions for clients and move them closer to becoming carbon neutral.
Over the past generation, energy has been a defining economic issue. Fluctuations in price and availability of energy have a significant impact on profitability, and the unpredictability of the energy markets is a common source of worry for anyone managing energy supplies. The uncertainty that has characterized energy markets has taken a toll on manufacturers.
Nothing affects productivity as dramatically as equipment downtime. While most manufacturers have comprehensive maintenance and service programs to minimize downtime and quickly restore equipment to service, the vast majority pay little attention to a problem that causes 30 to 40 percent of business downtime: power quality fluctuations.
Chemicals mergers and acquisitions (M&A) activity in the fourth quarter of 2013 saw a large uptick that helped level off 2013 overall deal volume and value, largely due to divestitures and mega deals.
The 2014 resolutions of process industry clients focus across a variety of initiatives, like building more robust technology infrastructures, automating business processes, or improved collaboration with trading partners. These initiatives ultimately point to the same goal - a real competitive advantage.
RFS2, E85, Algae, sorghum, butadiene, propylene, licensing, hot mergers, the Great Green Fleet and integrated biorefineries are all in the mix as predictions are made for the upcoming year in biofuels.
Whether it’s for internal comparisons, or for measuring the effectiveness of a company against close competitors, benchmarking is a vital continuous improvement tool. And although it’s safe to say that the average executive understands the benefits of benchmarking performance, that doesn’t necessarily mean his or her company has ever participated in such an initiative.
Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Regulatory changes, raw material volatility and supply chain fluctuations continue to dominate product development and resource planning for the chemical processing marketplace. Few know these dynamics as well as Don Mahoney, global head of SAP’s Chemicals Industry Business Solutions, who shares some insights on trends impacting the marketplace.
Innovative packages are the key in the fight against food loss and wastage. More effective barrier layers, germicidal films and freshness indicators are intended to help products to keep for longer and stop consumers’ throwaway mentality. However, despite all these improvements, companies have to keep a constant eye on process efficiency and on costs.
Last week an industry expert examined Front-End-Loading - the project management process that involves developing sufficient project definition so that owners can make investment decisions, minimize risk and maximize the potential for success, and broke down the first implementation steps. This week moves on to a discussion of the next two phases of the FEL process and breaks down the cost-benefit analysis for the process.