By R. C. Darton, D. G. Wood, R. G. H. Prince
This booklet provides six visionary essays at the previous, current and way forward for the chemical and method industries, including a severe observation. Our global is altering speedy and the visions discover the results for company and educational associations, and for the pros operating in them. The visions have been written and taken jointly for the sixth international Congress of Chemical Engineering in Melbourne, Australia in September 2001. Г‚В·
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Extra info for Chemical Engineering: Visions of the World
In 1999 Dow merged with Union Carbide. Monsanto went in the opposite direction, spinning off its chemical business in 1997 under the name of Solutia and focussing entirely on crop protection with genetically modified seeds. Finally, in 2000, Monsanto merged with the pharmaceutical company Pharmacia & Upjohn, forming Pharmacia. The activities in the area of crop protection remain a part of Pharmacia under the name of Monsanto. In Europe, the Dutch company Akzo merged with the Swedish-based Nobel in 1994 to form Akzo Nobel, which then spun off its fiber business in 1999 under the The Future Shape of the Process Industries 43 Fig.
Whether this analysis is correct in substance or in detail, it represents a widely held perception of the ‘traditional’ chemical industry in the 1970s and beyond. Chemical Engineering — the First 100 Years 35 Adding to the uncertainty about the future was the instability in energy and feedstock costs induced by the price increases and embargo of the Organisation of Petroleum Exporting Countries in 1973–1974. Between 1950 and 1973, energy and feedstock prices had been declining in real terms. It was recognised that this trend could no longer be expected to continue, and as a result, the need was felt to be ‘for unique, high-technology products which were less capital intensive and less dependent on the cost of feedstock and energy’ .
C. E. F. ), History of Chemical Engineering, Advances in Chemistry Series no. 190, ACS, Washington, 1980. E. K. ), Perspectives in Chemical Engineering — Research and Education, Advances in Chemical Engineering, Vol. 16, Academic Press, San Diego, 1991.  E. W. Hinchley, Chemical Engineer, Lamley & Co, London, 1935. D. ), Twenty-five Years of Chemical Engineering Progress, AIChE, New York, 1933. E. F. ), History of Chemical Engineering, Advances in Chemistry Series no. 190, ACS, Washington, 1980.