Page 153 - CW E-Magazine (28-1-2025)
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News from Abroad
energy costs and corresponding carbon reporting significant improvements by partnerships with industry leaders
emissions”. in production outcomes. Earlier this such as Siemens, Pfizer, and Godrej
year, Aleph’s AI Co-Pilot solution was Industries, as well as backing from pres-
Mr. Suwira Teo, CEO and co-founder deployed to optimise distillation pro- tigious from Singapore’s IMDA’s Open
of Aleph, said that the funding sup- cesses in oleochemical plants, reactors Innovation Platform with A*STAR and
port will enable the company to further in speciality chemical plants, and crys- from others,” the company informed.
refine its product, scale up and deliver tallisation processes in pharmaceutical
immediate impact in energy-intensive plants across Singapore and India. According to McKinsey & Co,
industries. “Aleph aims to redefine in- there is an approximately $1-trillion
dustrial process optimisation, making “The resulting improvements in opportunity for AI to capture in the indus-
plant operations smarter, more effi- energy efficiency, yield and product trial sectors with digital twins expected
cient, and sustainable,” he added. quality were as high as 40%. Cost savings to be pivotal for industrial digitalisation
from these four deployments currently with a forecasted market expansion at
Aleph said its solutions have al- exceed $1.2-mn per year. The company’s about 60% annually, reaching $73.5-bn
ready demonstrated value with clients rapid growth trajectory is supported by 2027.
PLASTICS EXPO
Exhibitor database for K 2025 now online
Messe Dusseldorf, the organiser Exhibitors from 61 countries will but also offers numerous opportunities
of the world’s leading trade fair take part in K and more than 3,000 via other channels to obtain in-depth
of the plastics and rubber industry, exhibitors are expected in the 18 exhi- information about the industry’s current
K 2025, has announced that the bition halls. The fairgrounds are fully developments. These include ‘K-Mag’,
exhibitor database for the show is booked once again, according to the K’s online magazine, ‘K-monthly, K’s
now online. organisers. newsletter and ‘What’s up in plastics
and rubber?’ – K’s newsletter on
From 8 to 15 October 2025, K will The exhibitor database of K 2025 LinkedIn.
be held in Düsseldorf, Germany, with can be accessed at www.k-online.
the motto “The Power of Plastics! com/2410. At present, all principal K was held by Messe Düsseldorf for
Green – Smart – Responsible”. This exhibitors can already be found there the first time in 1952 and is held in a
slogan reflects the industry’s current and the database will gradually fill up 3-year cycle. The latest K in 2022 regi-
values and emphasises that plastics are with their co-exhibitors. stered 3,020 exhibitors from 63 coun-
an indispensable component of many tries on over 177,000 m² net exhibition
sectors that contribute significantly to At www.k-online.com K not only space and 177,486 trade visitors, 71%
innovation and progress. provides details on the event in October of these from outside Germany.
Clariant to fight $1.4-bn ethylene claim from BASF
Clariant has said that it would sion in 2020 fined Clariant, Mexico’s “Clariant firmly rejects the allegation
defend itself against a claim from Orbia and US-based Celanese, a total and will adamantly defend its position
German rival BASF seeking Euro 1.4-bn of Euro 260-mn for colluding to keep in the proceedings,” it added.
in damages from a group of companies, the price of ethylene purchases low,
including Clariant, fined by the EU for breaching European Union antitrust BASF’s claim was filed with a
colluding in the purchase of ethylene rules. The EU Commission said at the Munich court, alleging damages from
before 2020. time that Westlake also took part in infringements of EU competition
the purchasing cartel but was spared a rules in the 2020 case, according to
Clariant was served with a claim fine because it revealed the activities Clariant. The EU Commission also
targeting four companies on January to the Commission. Clariant said it had said in 2020 that the four companies
9, the Swiss chemicals group said in evidence that the conduct of the parties acknowledged their involvement in the
a statement. The European Commis- did not have any effect on the market. cartel and agreed to settle the case.
Chemical Weekly January 28, 2025 153
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