Chemical Industry Digest – February 2020

Articles covered in this issue:

Interview with AspenTech Bigwigs: Digital Solutions to Take Chemical Industry to the Next Level
– Antonio Pietri, Sanjeev Mullick, John Hague and Abhinav Chowdhary, AspenTech

Chemical Industry is going through a process of digitalization. Digitalization can help Chemical Industry create transformational changes to take the industry to the next level. Excerpts of the interesting interview.

Union Budget 2020
– Shailesh Monani, Amit Agrawal and Mansi Gada, PwC
A commentary on the recent Union Budget. Snapshots from the budget are presented in this report.

Waste to Chemicals
– Neil Iyer, GI Dynamics
The author explains ways of transforming waste into chemicals and fuels as in Europe and its relevance in India.

Pump Out Energy Loss
– Ven V. Venkatesan
Energy efficiency is an important aspect in plants as it is a barometer of the entire plant functioning. Huge amounts of wasted energy could find applications in various other systems if evaluated and utilized properly. This article gives a step-by-step approach to
increase efficiency and decrease loss.

Digital Technologies in Chemical Industries: Supply Chain
– Roch Gautier and Dr. Paige Marie Morse, AspenTech
This article discusses the role of digitalization to increase the efficiency of supply chain and deliver profitable outcomes in the Chemical Industry.

Quantum Computing – A Truly Disruptive Force for Chemicals?
– Stefan Guertzgen, SAP
Outlines how quantum computing is a disruptive development, a paradigm leap over
conventional computing. As it is just developing its potential and applications would
keep unfolding and it will have great effects in speeding up processes and creating breakthroughs in R&D in Chemical Industry.

Chemingineering – China’s Sneeze
– K Sahasranaman, Independent Consultant
China’s coronavirus has disrupted the global supply chain of the chemical industry by virtue of the fact that for many platform chemicals China is a major supplier with production capacities more than 60% of global capacity. Lot of lessons to be learnt by India and rest of the world for creating such over-dependence on China.