As the chemical industry moves into 2022, strong demand for both commodity and specialty chemicals should keep prices robust throughout the year. The industry could face margin pressures amid raw material cost inflation, which will likely remain high through the first half of 2022.
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China’s strategic power cuts & “green” Winter Olympics 2022
Blackouts and power cuts in the world’s second-largest economy have drawn attention to fuel supply problems that could complicate the country’s pandemic recovery.
In focus: Curcumin
Curcumin is a bright yellow chemical produced by plants of the Curcuma longa species. It is the principal curcuminoid of turmeric (Curcuma longa), a member of the ginger family, Zingiberaceae. It is sold as an herbal supplement, cosmetics ingredient, food flavoring, and food coloring.
In focus: Triphenyl Phosphite
Triphenyl phosphite (TPP) is an organophos-phorous compound and is a colorless, viscous liquid with high boiling point. It possesses a characteristic, delicate fragrance. Its uses can be found largely in polymers. Besides, it participates as a reactant in organic syntheses.
FIEO urges govt to provide freight support to all exports including pharmaceuticals till March 2022
The Federation of Indian Export Organizations (FIEO), an apex body of Indian export promotion organizations, has urged the government to provide freight support to all exports including pharmaceuticals till 31st March 2022, as freight rates have skyrocketed and are likely to somber by March 2022.
In focus: Lithium Bromide
Lithium bromide (LiBr) is a white, hygroscopic solid. The hygroscopic nature makes it a versatile chemical that can be put to various end uses. It is usually sold in anhydrous form or in aqueous solutions of varying concentrations.
In focus: Valeraldehyde
Valeraldehyde, an aliphatic compound, is a colorless liquid with intense, clinging odor. It is naturally abundant in many essential oils. Apart from being an aroma chemical itself, it is applied to synthesize downstream products that are F&F chemicals and intermediates.
World’s First Pig Kidney Transplant Into Human Successfully Completed
Science keeps winning! Scientists recently transplanted a pig’s kidney into a human being without immediate rejection by the immune system.
WHO approves first Malaria vaccine developed by GlaxoSmithKline for children
In a landmark announcement, the World Health Organization (WHO) has recommended the use of the first-ever malaria vaccine for children. WHO Director-General Tedros Adhanom Ghebreyesus endorsed the RTS,S/AS01 malaria or Mosquirix – a vaccine developed by British drugmaker GlaxoSmithKline (GSK).
Power squeeze curbs Chinese growth, leaves Europe in a gas bind
China’s power shortages hit growth in the world’s second-biggest economy, threatening more pain for global supply chains, while Europe’s gas squeeze looked set to continue as Russia’s Gazprom showed no sign of hiking exports to the region in October.
In focus: Pyruvic Acid
Pyruvic acid is a yellowish liquid with vinegar odor. Anatomically, it participates in biological synthesis and metabolic processes of carbohydrates, amino acids, and lipids. Its reactivity is attributed to the presence of two carbonyl groups adjacent to each other and thus the chemical is employed in many synthesis processes leading a variety of end-uses.
In focus: Chloromethyl chloroformate
Chloromethyl chloroformate is a colorless liquid, which was earlier employed in its gaseous form as warfare chemical under the name Palite gas. In chemicals industry, for its extreme reactivity, it is used to make pharmaceuticals and intermediates.