GLG News by Council Members Knowledgeable about Oleochemicals
Analysis of:
The Culver Cache™ - Dependence Diminished (www.specialchem4coatings.com)
According to the IMF “dependence of the global economy on the US is declining”.Countries such as China, Japan, and Germany have large trade surpluses with the US. Strong demand globally has made the world economy more resilient and stabile. The housing slump has, so far, been limited to the US.
Analysis of:
Vision 2010: DSM has China in their Sights (www.Omnexus.com)
DSM’s 2005 global strategy was to reach sales of 1 billion dollars for their businesses (Performance Materials, Nutrition, Pharmaceutical and Industrial Chemicals) in China. In 2006 DSM did 600 million dollars worth of business in China.The Chinese market is growing at a high rate: automotive >20%/yr;...
Analysis of:
Squeezing diesel out of animal fat (www.usatoday.com)
This will be in the news often in the next few weeks. The IRS and the EPA take their roles from EPAct 2005 Section 1346 where renewable diesel originated. This opens the door for new technology to run parallel with esters (biodiesel) so that non-esters (renewable diesel) can both begin to...
Analysis of:
ConocoPhillips Begins Production of Renewable Diesel Fuel at Cork, Ireland (uk.biz.yahoo.com)
This process technology of converting lipids to alkanes is fine. However, in the US the IRS has yet to rule if this earns tax credits. In the EU and other places this is not an issue. In the US the National Biodiesel Board (esters) is seeking to slow this development of lipids...
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