Chemical and Petrochemical
Chemical and Petrochemical
“32Group is investing in Codikoat, a company that has developed the fastest ISO-certified antimicrobial technology globally. This unique technology employs surface-functionalized chemicals to rapidly eliminate viruses, bacteria, and fungi within seconds of contact, including coronaviruses.”
Serving Industry
The late 19th century witnessed an explosion in both the quantity and variety of chemicals manufactured. Large chemical industries emerged in Germany and later in the United States.
By 1913, the German industry produced almost 90 percent of the world’s dyestuffs and sold about 80 percent of their production abroad. In the United States, Herbert Henry Dow’s use of electrochemistry to produce chemicals from brine was a commercial success that contributed to the country’s chemical industry.
The petrochemical industry traces its roots back to the oil works of James Young in Scotland and Abraham Pineo Gesner in Canada. The first plastic was invented by an English metallurgist. By the 1920s, chemical firms consolidated into large conglomerates that continuously grew during the 20th century. Today, chemical production is a high-tech industry where competitiveness is more based on capacity in investment on research and development than on labor costs.
32Group is an active trader in chemical and petrochemical products. Our product lines range from inorganic pigments, resins, plasticizers, petrochemicals, and food-grade chemicals to miscellaneous inorganic compounds.
Global Sourcing and Supply
We cater to the paint and coatings, automotive, plastic, chemical, food, and rubber industries.
Our aim is to contribute to industrial development. However, 32Group is concerned about the ecological consequences of the use of certain products. Therefore, whenever possible, 32Group strives for environmentally friendly solutions
32Group has established strong and solid relationships with its suppliers. We offer not only professional management but also a thorough, sincere, and decent work ethic. 32Group represents and markets the products of large international manufacturers on a global scale.
We have special marketing tie-ups and arrangements with quality manufacturers of different materials. Because of this, 32Group can offer the best prices, guaranteed specifications, and timely delivery schedules at all times.
Global Sourcing and Supply
32Group has established strong and solid relationships with its suppliers. We offer not only professional management, but also a thorough, sincere and decent work ethic. 32Group represents and markets the products of large international manufacturers on a global scale.
We have special marketing tie-ups and arrangements with quality manufacturers of different materials. Because of this 32Group can offer the best prices, guaranteed specifications and timely delivery schedules at all times.
32Group manufactures and delivers various petrochemical products that we all use every day in our homes, our cars or at work.
Our products serve a vast number of consumer and industrial markets, including packaging, construction and automotive.
The chemical industry will continue to undergo rapid change in the next decade. Chemical companies must adapt quickly to maintain a competitive edge, overcome challenges, and embrace new market opportunities.
There are currently three megatrends in the chemical industry:
- Sustainability and the circular economy: Global chemical companies are now operating as ecosystems ensuring sustainability and economy, resulting in less energy and resource consumption. The critical nodes of these ecosystems — raw materials, chemical production, applications, and end users — focus on raw material substitution and maximize the use of renewables, energy recovery, recycling, and re-use by end users to achieve the objective of the circular economy, thereby maximizing value and conserving the resources. A few examples are highlighted below: Bio-based plastics; Battery material recycling; Improving efficiency of wind turbines.
- Digitalization: Digital technology will help chemical companies in many ways such as capturing critical data and drawing insights from it to achieve improved output at lower costs, scheduling preventative maintenance to minimize downtime, and facilitating accurate inventory planning to prevent stockouts.
- Innovation and accelerated globalization: The demand for chemicals continues to grow in emerging markets as their working-age population still is a huge driver for chemical industries. Shrinking product life cycles and the rush to commoditize products have increased the pace of globalization. Last year, the majority of the M&A deals in the global chemical industry took place between the companies offering commodities and intermediates & specialty materials. There has been a major shift of production facilities to Asia in the last two decades. Consider the following examples of innovation: Novel manufacturing process: Carbon fiber composite manufacturers and automotive OEMs are exploring ways to increase application of composite in automobiles. Making composites affordable. Advanced materials for better insulation: Insulation materials, such as aerogel and phase change materials, will provide energy savings and better thermal comfort in comparison to traditional insulation materials.