The Mazda Pharma Guide 7th October to 13th October | Page 36

CHEMICALS ARTICLE GLYCOL RECYCLER RECYCOOL G lycols are a liquid petrochemical produced in massive quantities and used primarily in five industries: pharmaceuticals or medical, HVAC, Textiles, Automotive and Airline. In the United States, these industries create approximately 700 million gallons of hazardous waste glycol each year. Although most of this waste could be recycled into useable products, over 85% of this liquid waste is disposed of in our surface waters -- which can have devastating results for aquatic life. World-wide consumption for refinery produced ethylene glycol is over 5 billion gallons per year, with growth expected to exceed 350 million gallons every year for the next decade (source:ICIS Chemical News). Demand in China exceeds supply and currently tops 2.1 billion gallons each year. The United States consumes over 700 million gallons of ethylene glycol each year. The man-made liquid chemicals are derived from crude oil and natural gas and produced from unrenewable and limited natural resources. As a base chemical, they are produced in massive quantities and used in many industrial applications. Demand continues to exceed supply for ethylene glycol, largely because of explosive growth in poly fiber manufacturing to make clothing, plastic containers and plastic beverage bottles. This growth trend is expected to continue well into the future. Some time ago GlyEco Inc announced it has signed an asset purchase agreement to acquire certain assets of Recycool, Inc. Recycool is the dominant recycler in the Minneapolis, MN area and has been collecting and processing waste glycol -- primarily used antifreeze -- into high quality recycled antifreeze since 1995. Recycool was founded by Marty Rosauer, Kurt Rosauer and Dennis Scott, early pioneers of the antifreeze recycling industry. Today, the company services nearly 400 customers in and around the Twin Cities metro area and will report 2011 revenues of approximately $430,000. The company's customer base is focused on vehicle dealers and repair shops, quick lube facilities, and governmental entities. The founders and Recycool recycling team will continue to operate the Minnesota plant. "We are very excited to have the entire Recycool group join forces with our team," stated John Lorenz, Chairman and CEO of GlyEco, Inc. "They produce high quality recycled antifreeze and have a tremendous customer service ethic. Their depth of industry experience makes the business a great asset in our growth strategy." This purchase marks the beginning implementation of GlyEco's strategy for rapid growth through the acquisition of existing profitable recyclers. The acquired facilities will be upgraded with patent-pending GlyEco Technology, improving production capacity, product quality and profitability. The company expects to expand its customer base and geographical reach at each location. GlyEco 36 Technology is a breakthrough green chemistry solution for recycling used glycols. This is the only process that can cleanse all five major types of waste glycols to a superior level of purity allowing our customers to utilize recycled glycols as a more sustainable resource. GlyEco Technology gives our customers a way to reduce waste while caring for the environment at no additional cost to them. GlyEco Technology ensures consistently clean, uniform quality recycled glycols with independent lab testing to document results. Our recycled materials are proved to meet or exceed ASTM purity standards. STORAGE AND DISTRIBUTION OF CLINICAL CHEMICALS : Marken announced recently that it has recently received approval for its application for an expanded business license to allow the storage and distribution of clinical trial supplies and drug product in China. The expansion of Marken's business license was approved by the Beijing Ministry of Commerce (MOFCOM). This adds to the company's already rapidly growing courier business in China and will pave the way for the expansion of outbound storage and distribution services in the region. Marken has long and well established ex perience in China. The company also announced that it has begun construction for its new operating base in Beijing which will be home to its branch operations and its purpose built clinical depot. The Company is expected to be complete with all construction, commissioning and validation in the second quarter of 2012. "The expansion of our China base marks a next step in our strategy to serve our clients better", said Wes Wheeler, Chief Executive Officer. "We already have a significant presence in Asia, with offices in Singapore, Australia, Hong Kong, Beijing and Tokyo. We recognize the importance of the region and are making plans to increase further, reaching into new geographies and ensuring that Marken will continue its leadership in supply chain management". "We have an aggressive plan to build six more purpose-built pharmaceutical service depots this year", said Frank Wright, President, Clinical Trials Distribution. "With the completion of Argentina and the start of Beijing, we are off to a strong start in 2012. We have engaged a global engineering and construction firm to assist us and ensure that the standards of construction are up to the highest standards in the industry". Marken is the leading global clinical supply chain service provider dedicated to the pharmaceutical and life sciences industries, supporting over 6,000 investigator sites in more than 100 countries. With decades of experience in the logistics, transport and distribution of temperature sensitive life saving pharmaceuticals, clinical trial supplies and specimen collection; Marken integrates Depot and Logistics services into solutions that extend the reach of clinical trials to even the most remote treatment naïve geographies. Our team members and network of facilities bridge the distance between patients and the essential resources of life science companies. SUPPLY NEW SUZANO PULP MILL : AkzoNobel is planning to invest €80 million in the construction of a new pulp Chemical Island facility in Brazil. The plant, operated by the company's Pulp and Paper Chemicals business, Eka Chemicals, will supply the Suzano Maranhão pulp mill. This is AkzoNobel's second largest investment in Brazil in the past 12 months and further expands Eka Chemicals' sustainability-focused Chemical Island concept. "This 15-year agreement emphasizes the importance of high growth markets for AkzoNobel and will help drive the company's medium-term strategy of doubling revenue in Brazil to €1.5 billion," said Rob Frohn, AkzoNobel Executive Committee member responsible for Specialty Chemicals. The investment will involve supplying, storing and handling all chemicals for the 1.5 million ton per year pulp mill, which is being constructed in Imperatriz, Maranhão, Brazil. The mill is expected to come on stream in the last quarter of 2013. "We are very proud to have been awarded this project; it underlines the value our Chemical Island concept brings to our customers," said Pulp and Paper Chemicals General Manager Ruud Joosten. "The future demand for pulp and paper in Latin America and China is forecast to increase substantially over the next decade and these investments ensure that we are part of that growth." Commenting on the agreement, Ernesto Pousada, COO at Suzano Papel e Celulose, said: "Eka Chemicals is a long and reliable partner to Suzano Papel e Celulose. Via this deal, we are ensuring our plant will use the latest and most sustainable chemicals available – something which has been key for us." The new facility will expand AkzoNobel's well-established pulp and paper activities in Brazil. The business already successfully runs Chemical Islands, as well as other production units, on several customer sites. It also operates bleaching and paper chemical plants in Jacareí, Rio de Janeiro, Três Lagoas and Jundiaí. PROVIDE TECHNOLOGY FOR CHEMICALS PRODUCTION IN SOUTH KOREA : UOP LLC, a Honeywell HON 0.08% company, announced today that it has been selected by South Korea's Kumho P&B Chemicals, Inc. to provide technology to produce key petrochemicals for the manufacture of plastics. Honeywell's UOP Q-Max and UOP Phenol process technologies will be integrated at Kumho's Yeosu, South Korea, facility to produce high-quality phenol. According to industry consultants, the demand for materials produced using these petrochemicals is forecasted to grow in Asia by as much as 9 THE MAZADA PHARMA GUIDE q 7 October - 13 October 2013