Pioneering Sustainability in the Chemical Industry

This post is a re-post of the article written by Mr. Jad, CEO of Psurplus
Where it was published on PCI Magazine
- You can read the article on the following link:
https://www.pcimag.com/articles/112834-pioneering-sustainable-solutions-in-the-chemical-industry


In today's fast-paced industrial landscape, the chemical
industry stands at a crossroads. Wit h sustainability concerns taking center
stage and the push for green initiatives gaining momentum, finding viable
solutions for managing surplus chemicals has become more critical than ever.
The repercussions of improper disposal of surplus chemicals are far reaching,
impacting both the environment and the economy. It is in this context that
pioneering sustainable solutions for surplus chemicals in the chemical industry
have emerged as a beacon of hope.

The Problem of Chemical Waste

The chemical industry contributes significantly to sectors
such as pharmaceuticals, agriculture, manufacturing and energy. However,
managing chemical waste remains a major challenge. Each year, an estimated 400
million tons of hazardous waste is generated worldwide, with the chemical
industry being one of the largest contributors. In the United States alone, the
Environmental Protection Agency (EPA) reports that more than 30 million tons of
hazardous waste are produced annually. Improper disposal of these chemicals can
lead to environmental pollution, health hazards and significant economic
losses.

Traditional disposal methods, such as incineration, are
costly and environmentally damaging. Incineration releases harmful emissions,
including greenhouse gases and toxic pollutants. These practices are
unsustainable, given the increasing environmental awareness and regulatory
pressures. Many chemicals being disposed of can actually be reused for the same
purpose they were manufactured for or for a similar purpose. This realization
opens up possibilities for rethinking waste management in the chemical industry.

A Sustainable Solution: Reuse and Repurpose

In 2021, recognizing the potential to repurpose surplus
chemicals, American Premium Surplus was founded to explore and implement this
idea. The concept revolves around helping companies save on disposal costs
while providing potential users with access to surplus chemicals, thereby
reducing production costs. This approach addresses both environmental and
economic challenges.

A comprehensive platform can serve as a marketplace where
businesses list their surplus chemicals and connect with potential buyers who
can repurpose them. This process involves reaching out to potential users
willing to modify their current formulations to utilize these surplus
chemicals, thus gaining financial benefits by reducing costs. By facilitating
this exchange, significant waste can be diverted from disposal.

Real-World Impact: Case Studies

Pharmaceutical Industry

One of the largest pharmaceutical ingredient suppliers in
the world faced the challenge of disposing of 1,100,000 kg of magnesium oxide
due to issues with specifications and expiry dates. This disposal would have
had a severe environmental impact. However, the surplus was repurposed for
concrete and tile production, saving disposal costs and finding a productive
use for the material.

Coatings Industry

We found a market for expired or close-to-expiry raw
materials, from resins to additives. For example, more than 100,000 kg of
acrylic resin are collected each month and sent for reuse in producing low-cost
paints. This initiative has reduced waste and provided affordable raw materials
for paint production in developing markets.

Agriculture Industry

A manufacturer of ethoxylated castor oil generates around
500,000 kg of surpluses a year from unfulfilled orders and close-to-expiry date
products. We found multiple users for it as an emulsifier in agrochemical
applications, preventing waste and providing a valuable input for agricultural
products.

Chemical Industry

In 2023, we collected around 3,000,000 kg of slightly
off-spec diethanolamine and triethanolamine from Europe. We found end users for
these chemicals in different countries, where they were safely used as
components in cleaning agents and surfactants, ensuring they did not harm the
environment or human health.

Polyurethane Industry

Last year, we reused more than 1,000,000 kg of polyols that
can be used in insulation and foam production. This surplus was utilized
effectively, reducing waste and supporting local industries.

Benefits of Repurposing Surplus Chemicals

Economic Efficiency

End users of repurposed chemicals, such as polyol, acrylic
resin and defoamers, benefit from reduced production costs and lower
expenditure on raw materials. Suppliers benefit from reduced disposal costs and
potential revenue from surplus chemicals.

Environmental Impact

Repurposing surplus chemicals significantly reduces waste
that would otherwise be incinerated, lowering emissions of harmful pollutants
and reducing the overall environmental impact.

Resource Optimization

Businesses can efficiently manage their chemical inventory,
ensuring that surplus chemicals are put to productive use rather than being
burned as waste.

Client Willingness to Cooperate

We have been pleasantly surprised by the willingness of many
clients around the world to cooperate in reusing chemicals. This cooperation
stems from their desire to lower production costs and enhance their
competitiveness in various markets. By repurposing surplus chemicals, these
clients not only contribute to environmental sustainability, but also gain a
significant economic advantage.

Innovative Technologies in Chemical Recycling

Solvent Regeneration

Solvent regeneration technologies enable the recovery and
reuse of spent solvents, which are common in many industrial processes. By
regenerating solvents, companies can reduce waste, lower raw material costs and
minimize environmental impact. This method is particularly effective for
industries such as pharmaceuticals and coatings, where solvents are extensively
used.

Best Practices for Companies

To effectively manage surplus chemicals, companies should:

• Maintain
  accurate inventory records to identify surplus materials.
• Establish
  partnerships with recycling firms and platforms that facilitate the
  repurposing of surplus chemicals.
• Implement
  sustainable practices in procurement and production to minimize waste
  generation.
• Educate
  employees about the importance of chemical waste management, and encourage
  innovation in sustainability practices.

Future Trends and Opportunities

The future of surplus chemical management lies in continued
innovation and collaboration. Emerging trends such as the circular economy,
increased regulatory scrutiny and advancements in recycling technologies will
shape the industry. Companies that proactively adopt sustainable practices and
invest in innovative solutions will be well positioned to thrive in this
evolving landscape.

Challenges and Future Directions

Raising awareness about the benefits of repurposing surplus
chemicals remains a significant challenge. Many businesses are still unaware of
the economic and environmental advantages of repurposing surplus chemicals.
Ongoing education and outreach efforts are crucial in this regard.

There is also ample opportunity for market expansion.
Extending services to new regions and industries, leveraging partnerships and
collaborations and building a robust network of suppliers and users can further
enhance the impact of surplus chemical repurposing.

Conclusion

Addressing the problem of chemical waste through innovative
solutions like repurposing surplus chemicals is crucial for environmental
sustainability and economic efficiency. By shifting towards a circular economy
where waste is minimized and resources are optimized, the chemical industry can
significantly reduce its environmental footprint. The commitment to
sustainability, innovation and resource optimization is key to paving the way
for a more sustainable future.

For more information about repurposing surplus chemicals,
visit psurplus.com