A Renewed Dedication To Sustainability

Strong demand for commodity and specialty chemicals could keep prices high throughout the year as the chemical sector enters 2022. As top industry companies concentrate on increasing capacity and entering developing end markets via both organic and inorganic means, the sector should also see an increase in capital investment. However, the industry may see margin difficulties due to the rising cost of raw materials, which is expected to continue through the first half of 2022.

Most US chemical businesses will likely prioritize sustainability and decarbonization as one of their top priorities in 2022. To reduce the carbon footprint of both themselves and their clients, as well as plastic waste, several chemical businesses are anticipated to boost their investment in research and development (R&D) skills. As a result, 2022 should witness an increase in the number of industrial entities setting goals and developing plans for reducing emissions and making money from waste. Please find out more about the future in our yearly industry overview.

Five chemical industry trends to watch Positioning for a strong rebound in key end markets amid rising costs

One.

End-Market Growth

As economies recover and constraints are eliminated in 2022, the US chemical industry should rebound robustly. This should increase plant utilization rates, which were severely affected by the epidemic. Following a 13.5% fall in 2020, US chemical volumes are predicted to improve by roughly 1.5% in 2021 and 3.0% in 2022, while shipments are predicted to rise by about 8.0% in 2021 and 2022. As major economies begin to operate again and import demand in partner economies increases, US chemical exports are likewise anticipated to increase dramatically.

Inflation, though, is one of the dangers of this robust recovery. For instance, Brent crude oil spot prices sharply recovered and held steady in September 2021 at an average of $74 per barrel. These inflation statistics show how difficult it is to meet the rising labor and raw resources demand. Once the global recovery gains traction and government support programs are dialed down, central banks in the United States and Europe anticipate that supply constraints and inflation will ease in 2022.

Two.

Transforming Asset Portfolios To Help Weather Volatility

After overcoming difficult market conditions in 2020 and 2021, chemical businesses entered 2022. COVID-19 adds volatility to an already unpredictable decade. Due to the pandemic, demand for plastics and specialty materials diverged, putting the portfolios of assets owned by enterprises to the test. The fluctuations in chemical spending partly reflect the volatility of commodity prices. Still, they are primarily influenced by longer-term trends, such as the expansion of petrochemical production in the US Gulf Coast. Similar pricing and demand instability is projected to occur in 2022, and the chemical industry will need to adjust, especially if the energy transition quickens.

Chemical businesses will likely concentrate on realigning their asset portfolios and weighing trade-offs between various strategic options with important factors, including scale, the breadth of their product offerings, and expansion prospects.

Shifting demand

Three.

Climate Change Driving Sustainability Efforts

Sustainability

As the effects of climate change become more obvious in 2022, the chemical sector will probably be pressured by governmental and scientific forces to decarbonize. Moreover, as the public’s awareness of plastic waste and incorrect end-of-life disposal grows, the business may come under increased scrutiny.

While the chemical sector struggles to reduce carbon emissions because it relies on process heat, technological improvements in decarbonizing chemical manufacturing could have a significant worldwide impact. Since chemistry serves as the foundation for numerous value chains, the industry’s advantages of decarbonizing chemical businesses may not be limited.

Four.

Accelerating Business Transformation Through Digital Technologies

Digital transformation

The potential for modern data analytics and digital technologies to revolutionize the chemical sector is still enormous but mostly untapped. Modern digital tools and technology offer a financially viable method for increasing the efficiency of existing operations and creating new goods and procedures. Significant progress can be anticipated in three areas in 2022: data availability, data processing, and engineering and materials research. This is due to the convergence of increasing improvements, such as advances in sensors, cognitive computing, and analytics.

Chemical companies have historically adopted advanced data analytics and digital efforts in silos, which have slowed operations, increased costs, and produced ambiguous results. Nevertheless, chemical companies are starting to understand more and more that digital transformation entails incorporating newer, better technology and coordinating culture, people, structure, and duties.

Five.

Embedding Customer-Centricity To Create Differentiation In The Marketplace

Customer-centricity

Over the past ten years, and especially in the years following COVID-19, customer expectations and behaviors have significantly shifted. Today’s consumers want chemical companies to consistently satisfy their requirements and expectations to earn their loyalty. The degree to which customer-centricity is ingrained inside each link in the chemical industry’s value chain may determine our capacity to execute this.

Customer-centricity should be crucial to staying one step ahead of the competition, especially given the convergence of numerous industries that are rebranding and repositioning themselves. Digital technologies are anticipated to be used by chemical companies to enable automated trend detection and social media scanning to find more general market trends and client needs. This consumer-centric innovation could improve the breadth, size, and returns of R&D activities, which elicits real-time feedback using customer engagement technologies.

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Cement Soil Stabilization

Soil can be stabilized by mixing it with cement. The cement contains active ingredients that help in disintegration of soil particles. Besides that, the cement helps in concealing the soil. Other materials added into the mixture include lime, calcium chloride, sodium carbonate, sodium sulphate and fly ash. The amount of cement that’s added into the mixture varies depending on the type of soil that’s being stabilized. The recommended amount is 10% on gravel, 12% for sandy soils, 15% for silts and 20% for clay soil. This is because each type of soil has a unique composition and structure.

Lime Soil Stabilization

Lime is ideal for stabilizing clay soils. In fact you can use it as the only agent and get perfect results. When lime is blended with any type of soil, it helps in cutting back on its plasticity. This means that it can’t swell and can’t shrink. Such soil absorbs very little amount of ground water because there is no space between the particles. You can actually drive a car on such a surface without the risk of getting stuck. This is due to the fact that the soil can’t stretch as you would expect with other types of soils that are not stabilized.

Bitumen Soil Stabilization

During the construction of driveways and parking yards, the soil can be mixed with bitumen compounds. The bitumen is sticky by nature and it therefore helps in holding the soil particles together. The structure of bitumen creates a strong layer above the soil that prevents ground water from being absorbed.

Chemical Soil Stabilization

Just like the name suggests, this method involves adding chemicals into the soil. These chemical react with the soil which in return causes its structure to be changed. The chemicals seal the space between particles, leaving no room for water to penetrate through. Among the most common chemicals that are used for soil stabilization include sodium chloride, calcium chloride and sodium silicate. Other chemicals that are added into the soil include polymers, chrome lignin, alkyl chlorosilanes, siliconites, amines and quarternary ammonium salts.

Other Methods

You can also stabilize your soil using electricity. The process is known as electro-osmosis and is highly recommended for clay soils. However, the method will give you a run for your money because it’s damn expensive. You can also package soil in plastic and fabric sacks. Although this approach is cumbersome, it helps in compacting the soil and breaking it into smaller particles. The method is ideal for roads that are not yet paved.

Conclusion

There are various ways of stabilizing soil. The method you choose is dependent on the type of soil you have on the project site. If you are looking for an ultimate soil stabilizing partner, look no further than Hasten Chemical. We know everything about soil and our reputation speaks for itself. We are definitely the best soil stabilization company in Texas. We are actually the leading supplier of soil stabilization materials across the world. When you assign us your project, we will work within your budget without compromising on the end results. We have a wide variety of products that include calcium chloride, oil and gas, soil stabilizers, adhesives and sealants, rubbers, alcohols and carbon among many others.

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