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Sumitomo Chem partners with NuMat on cutting emissions

August 25/2021

MOSCOW (MRC) -- Japan's Sumitomo Chemical is partnering with US chemistry design company NuMat on cutting the emissions generated in chemical production, said the company.

The partnership will focus on developing new sustainable chemical separation technologies. Traditional separation processes require substantial energy to operate, thus posing an emissions challenge. Financial or other terms were not disclosed.

NuMat is a platform chemistry design company, innovating at the intersection of high-performance computing, data engineering and chemistry to deliver transformational solutions to the chemicals, industrials, electronics and life-science sectors. A pioneer in the field of Programmable Chemistries, including Metal-Organic Frameworks, NuMat takes a precision-medicine approach to chemistry Ц tailor designing materials to solve big challenges at the smallest possible level.

"We're proud to partner with Sumitomo Chemical in unleashing the potential of Programmable Chemistries to address complex sustainability challenges in the chemicals industry," stated Ben Hernandez, Founder and Chief Executive Officer at NuMat Technologies. "Sumitomo Chemical and NuMat are joined by a shared mission to use chemistry in solving the problems that matter, and IТm excited at the innovation opportunities our collaboration can unlock."

As per MRC, Sumitomo Chemical will establish a subsidiary, Sumika Polymer Compounds Poland (SPCP), to build and operate a polypropylene (PP) compounding facility at PoznaA, Poland. The capacity of the planned PP compounding plant will be 30,000 metric tons/year. It is due to commence operations in 2022.

According to MRC's ScanPlast report, Russia's  PP shipments to the Russian market were 727,160 tonnes in the first six months of 2021, up by 31% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased. Supply of statistical copolymers of propylene (PP random copolymers) subsided.

Sumitomo Chemical, a leading Japanese chemical company, was founded with a mission to drive societal impact and solve environmental challenges through technology. They have been exploring new opportunities to achieve carbon neutrality by 2050.

NuMat, based in Chicago, Illinois, is focused on the intersection of high-performance computing, data engineering and chemistry to develop solutions for chemicals, industrials, electronics and life-science sectors.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, PP, PE, neftegaz, petrochemistry, Sumitomo, sustainable development, USA, Japan.
Category:General News
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