ICIS World Surfactants Day 1
Compilation of live tweets from ICIS World Surfactants Conference held on May 16-17 in New Jersey, USA
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3 days of surfactants starts Wed w Training: icis.com/training/petro… and the on Thur/Fri: Wo…lnkd.in/RfyFGk
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Don’t forget our Live tweets starting tomorrow from the ICIS World #Surfactants conference co-produced by @NeilABurns lnkd.in/RfyFGk
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Good morning from NJ, where the 3rd #ICIS World Surfactants conference is being held bit.ly/hOhPp6. twitpic.com/cqyavb
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#ICIS 3rd World Surfactants Conference kicks off with Monty Python sketch – Four Yorkshire Men.
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@NeilABurns talking about surviving within a challenging surfactant market. What’s boosting Stepan’s rising stocks? #ICIS #Surfactants
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Stepan was able to respond to the challenges of the #surfactants supply chain shocks by knowing the market. #ICIS #Surfactants
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#ICIS now his playing the Doctor Who theme tune……..
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#ICIS Now Neil Burns is playing a Kelly Clarkson video…….
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What doesn’t kill you makes you stronger says @NeilABurns (with a video from Kelly Clarkson). Now a vid from Dr. Who pic.twitter.com/s6TLumZIOR -
Conferences are bigger in the inside than the outside says @NeilABurns The #ICIS #Surfactants conference comprises economics, consumer, tech
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#ICIS Neil A Burns – the best opening to any ICIS conference I have been to. Excellent start to 3rd World Surfactants Conference – NJ.
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Foley talks about the reorganization of Solvay, acquisition of Rhodia and opportunities the company is looking into w/in #surfactants #ICIS
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Foley: China’s chemical markets is larger than Europe. We need to understand our mrkets and we need to know our customers #ICIS #Surfactants
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Foley: We anticipate customer needs before we engage our customers. Establish the value chain #ICIS #Surfactants
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Foley: We follow our global customers moving to Asia. Power of localization is key. #ICIS #Surfactants
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Foley: new market opportunities such as Enhanced Oil Recovery – huge impact on surfactant demand #ICIS #Surfactants
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Foley: Tremendous impact of Enhanced Oil Recovery market in our business in the future #ICIS #Surfactants
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Speaking of Enhanced Oil Recovery, specialty chem Clariant just invested in EOR srevice company via @specchemonline article #Surfactants
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Foley: We engage at the retail level. Agro business is the most intimate in terms of value chain. We need to go deeper #ICIS #Surfactants
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Foley: There are strong interests in biobased chems but our experience is people don’t want to pay higher price for them #ICIS #Surfactants
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Foley: We are very interested in green #surfactants and raw materials but uptick for us is not yet strong #ICIS
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Some of Solvay recent #Surfactants investments bit.ly/15Q18Ml, bit.ly/15Q1mmx, bit.ly/15Q1q5T #ICIS
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Now speaking is Gillian Morris of Roland Berger on drivers and trends affecting global chem industry #ICIS #Surfactants
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Morris: The global chem industry is valued at EUR 2.0 trillion. Significant demand for ag, plastics, paints, coatings #ICIS #Surfactants
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Morris: Ten end-use trends that will impact the global chem industry – Sustainability, emerging economies, high efficiency mfg #Surfactants
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Morris: End-use trends that impact the global chem industry – Specialization/customization of end products, energy resource #Surfactants
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Morris: End-use trends that impact the global chem industry – Private label and generics, rise of mega-cities, aging population #Surfactants
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Morris: Ten end-use trends that will impact the global chem industry – Recycling, medical devices… #Surfactants
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Morris: By 2025, 38% of population in China will be over 50, 47% in EU-5, 55% in Japan, 39% in US. Overall is 28% #Surfactants
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Morris: Aging population will impact a lot of demand in the downstream supply chain #Surfactants
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Morris: We are seeing a lot of automotive composites demand as vehicles need to be lighter #Surfactants
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Morris: Ag, auto, textiles, consumer goods – account for large proportion of chem demand #ICIS #Surfactants
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Morris: Rising sustainable Chem demand in ag as they need to be environment-friendly in applying chems in land #ICIS #Surfactants
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Morris: Personal care chems demand – more desire for very mild #surfactants when it comes to aging population #ICIS
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Morris: Medical devices are getting smaller and sophisticated -increase innovation for biomaterials #ICIS #Surfactants
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Morris: You have to look at the real value of your product. Some companies don’t have a clue #ICIS #Surfactants
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Morris: Demand for chems worldwide will double w/in next 20 years but growth is moderate #ICIS #Surfactants
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Morris: Europe is really struggling in terms of chem market growth. We are seeing specialty products coming back to US #ICIS #Surfactants.
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Morris: Huge demand for specialty chems and consumer chems in Asia through 2030 #ICIS #Surfactants
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Morris: Disruptive devts for hem industry – mfg efficiencies, emerging raw materials.. #ICIS #Surfactants
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Morris: Trends impacting profitability – sustainability, new biz models, commoditization, biotech, feedstock access #ICIS #Surfactants
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Is sustainability going to be an enforced element in future chem industry? Morris says won’t happen in US, not sure in Europe #Surfactants
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Morris: sustainable chems has to be cost-neutral to have impact in future chem industry #ICIS #Surfactants
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Breaktime. Next speaker is Doug Rightler of EO&D on ethylene oxide and ethylene glycols. This should be interesting #ICIS #Surfactants
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Rightler: China is the #I influence -determines the value of most chemicals in the planet #ICIS #Surfactants
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Rightler: 3 years ago, the US petrochem industry is waiting to die. Now it’s 180 degree opposite because of shale gas #ICIS #SUrfactants
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Rightler: At least $50bn expected investments in petrochem — ethylene and derivatives in the US because of shale gas #ICIS #Surfactants
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Rightler: Potential for surfatants in shale gas fracking, lots of techs to come to make sure fracking is envt friendly #ICIS #Surfactants
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RIghtler: At least 10m tons of ethylene capacity investments in the US. Will not export ethylene but ethylene chemistry #ICIS #Surfactants
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Rightler: You are talking about billions of dollars to build crackers #ICIS #Surfatants
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Rightler: Bio-based ethylene derivatives from ethanol will not make it if you don’t have ethanol below market value #ICIS #Surfactants
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Rightler: Asia and Europe ethylene from oil will get their ass-kicked #ICIS #Surfactants (yes that’s what he said 🙂 )
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Rightler: Cost of ethylene production will be low but price will not be low. US will export EG and PE to China #ICIS #Surfactants
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Rightler: What happens in Chinese EG demand will drive the market (accounts 50%+ in demand) #ICIS #Surfactants
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Rightler: Green EO in India and Taiwan from ethanol near $1650/tonne cash cost #ICIS #Surfactants
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Rightler: Global EO demand – EG is the major use. Surfactants, ethoxylates fastest growth bec of consumer demand growth #ICIS #Surfactants
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Rightler: US will be key growth for EO demand – ethoxylates, ethanolamines, glycol ethers, EGs…mostly local demand #ICIS #Surfactants
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Rightler: Rest of the world stopped investing in EO capacity because their ethane supply running out #ICIS #Surfactants
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Rightler: China is putting 10 EO plants alone, it is very fast for them to build compared to EO construction in the US #ICIS #Surfactants
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Rightler: There is uncertainty on new China MEG supply. If it doesn’t happen MEG could be very tight and drive EO higher #ICIS #Surfactants
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Rightler: China doesn’t need ethylene cracker to make EG and they have plenty of money #ICIS #Surfactants
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Rightler: China is putting EO plants and they don’t even know what they will do with it. They will become the largest purified EO market
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Rightler: US is the place to be to build EO derivatives business – stable supply but you only have 4 co’s that sell EOs #ICIS #Surfactants
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Rightler: There are many variables that limit EO shipment in the US – need special rail cars, rail monopoly #ICIS #Surfactants
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Rightler: EO prices in the US rising independent of ethylene bec. EO prices relative to EG is too low #ICIS #Surfactants
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Next speaker is Joel Houston of Colin A. Houston & Associates on LAB, synthetic and fatty alcohols #ICIS #Surfactants
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Houston: Linear alkylbenzene sulfonates (LABS) account for 48% of primary #surfactants #ICIS
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Houston: Global LAB capacity estimated at 3.7m tons – Asia dominates. New projects largely in Asia #ICIS #Surfactants
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Houston: Higher alcohol capacity at 3.3m tons worldwide, Asia increased 268% from 2000 levels. #ICIS #Surfactants
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Houston: Delays in fatty alcohol projects in Asia #ICIS #Surfactants
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Houston: Future demand for LAB use driven by per capita growth. Alcohol demand growth could be higher if price advantage cont. #Surfactants
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Houston: Tremendous feedstock integration for LAB w/ n-paraffin feedstock. Oleo mostly merchant but that will erode in years #Surfactants
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Houston: New shale gas based ethylene units look to downstream products #ICIS #Surfactants
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Houston: Expectations of new products in higher alcohols markets from tailored algal oils #ICIS #Surfactants
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Houston: Renewable-based LAB possible from renewable diesel feeds from hydrogenated F&O #ICIS #Surfactants
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Houston: Short term EO availability issue particularly problematic for alcohols #ICIS #Surfactants
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Houston: There’s not enough demand growth for ethoxylates in the US other than exports but logistics for that a challenge #ICIS #Surfactants
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Houston: Lack of EO, supply of ether sulfates is limited. Not easy to make liquid ether sulfates w/o EO #ICIS #Surfactants
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Weber: There are millions of smallholders who depend on palm oil – their only viable possibility out of poverty #ICIS #Surfactants
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Weber: 15% of all crude palm oil supplied today is sustainable. We have licenses issued in 60 countries #ICIS #Surfactants
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Hi @purav31. I might not be able to do that because attendees have to pay for this privilege and the organizers will be mad at me 🙁
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Weber: China is the largest consumer of palm oil. #ICIS #Surfactants
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Weber: Why invests in sustainable palm oil? Food security in China, avoid supply disruption in India #ICIS #Surfactants
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Sorry, I’ve been spelling Darrel Webber’s name wrong #ICIS #Surfactants
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Kline: Global mkt for commodity and specialty surfactants is 13m tonnes valued at $30bn in 2012 #ICIS #Surfactants
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Kline: High growth #surfactants mkt in China, India. Moderate growth in Latin America, CEE, Africa, ME, SEA. Low in US, W.Eur, Japan #ICIS
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Kline: HI&I account for 50% of global #surfactants mkt in 2012. Personal care most important in terms of growth #ICIS
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Kline: Global sales of personal care at retail level at $350bn w/ 4.5% annual growth. Mkt doing well despite bad economy #ICIS #Surfactants
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Kline: Anti-aging largest segment of global PC and key growth engine in terms of product type #ICIS #Surfactants
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Kline: #Surfactants account for 31% of volume sales of specialty ingredients. Other large mkt are conditioning polymers and emollients #ICIS
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Kline: Surfatant mkt is consolidated. BASF, Evonik, Rhodia, Clariant, Croda are top suppliers worldwide #ICIS #Surfactants
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Kline: In China, leading #surfactants companies are Rhodia, Guangzhou Tinci, Zhongshan Kemei #ICIS
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Kline: In Southeast Asia, top 3 #surfactants suppliers are BASF, Galaxy Surfactants and Rhodia #ICIS
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Kline: In some markets, naturals trend is not that important as seen in Europe and US #ICIS #Surfactants
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Kline: China and southeast Asia will drive overall #surfactants growth with CAGR over 8% #ICIS #Surfactants
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Kline: Personal care is very sensitive to sustainability issues and that could have impacted use of palm oil #ICIS #Surfactants
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Mintel: What drives household care product purchase? Brand loyalty, special offers, performance, convenience #ICIS #Surfactants
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Mintel: Most countries are relatively flat in spend per capita on household cleaners. Latin America a lot of growth potential #Surfactants
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Mintel: #Surfactants use 3x higher in ready-to-use hard surface cleaners. More surfactants use in non-concentrated cleaners #ICIS
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Mintel: For North America, 30% of product devt for laundry care is in liquid formulation. #Surfactants use 2.5x higher in liquids #ICIS
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Mintel: New cleaning products trend – Gadget cleaning for electronics, on-the-go cleaners, auto toilet/shower cleaners #ICIS #Surfactants
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Mintel: More homes will contain self-cleaning materials such as glass and tiles. Robot tech taking over cleaning tasks #ICIS #Surfactants
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Mintel: Consumers will likely buy natural-based cleaners if they will do the cleaning job better #ICIS #Surfactants
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Mintel: Drop-in biobased cleaning ingredients will work if the price is right and has the same efficacy #ICIS #Surfactants
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Good Housekeeping launched the Green Good Housekeeping Seal in 2009 to help clarify what green really means #ICIS #Surfactants
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Good Housekeeping: Green criteria – energy efficiency, water use/waste reduction, ingredient/product safety…#ICIS #Surfactants
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More Good Housekeeping Green criteria: packaging reduction, animal test, corp.orate sustainability #ICIS #Surfactants
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Good Housekeeping survey: Fragrances are not that necessary ingredients for personal care and household cleaning products #ICIS #Surfactants
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Good Housekeeping: Confusion on “Fragrance-Free” and “Unscented” claims on personal care products #ICIS #Surfactants
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Good Housekeeping survey says most US consumers do not check label or website for cleaning ingredients #ICIS #Surfactants
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Good Housekeeping survey says consumers are paying more attention to the ingredients in PC and cleaning products #ICIS #Surfactants
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Natura evaluates CO2 and water footprint for their cosmetic ingredients from supply to retail products #ICIS #Surfactants
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Natura: We have to look in cradle to cradle cycle. We are investigating new techs using waste and industrial residues #Surfactants
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Natura: We have to learn how to use new renewable feedstock ingredients. #ICIS #Surfactants
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Natura: We have partners in working on the use of biomass for cosmetic ingredients #ICIS #Surfactants
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Speaking now is Judith Taylor of ICIS on oleochemicals #ICIS #Surfactants pic.twitter.com/zCs92cGvyz -
#ICIS: We are hearing 830KT capacity for fatty alcohols to come out by 2013. Whether or not those will come out is the question #Surfactants
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#ICIS: North American oleic acid demand growing strong pushed by fracking demand. #ICIS #Surfactants
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Nexant: Animal fats and oils even waste grease already have a home in terms of food/feed use #ICIS #Surfactants
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Nexant: Largest use of natural oils use is food accounting for 66% of global consumption of plant oils #ICIS #Surfactants
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Nexant: Syngas fermentation developers to offer prospects for oleo w/ less expensive feedstock incl. OPX, Kiverdi, LanzaTech #Surfactants
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Nexant: It is cheap to produce ethylene from bioethanol, the cost of ethanol is the biggest factor #ICIS #Surfactants
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Conference ends for the day. See you tomorrow at #ICIS #Surfactants
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Happy to give info MT @purav31: Good job done by you keeping us informed about the happenings at the conferences. #ICIS #Surfactants
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