The Gas Processing Industry in Europe is booming as new technologies render the process more environmentally friendly and safer overall. As we strive to come up with sustainable and environmentally friendly ways to produce energy the shift in the gas processing industry is more than welcome. Moreover, e-waste collecting in landfills across the globe are contributing to soil and water pollution. Finally, the Metals & Mining Industry are facing hard times since mining companies are struggling to adjust to environmental regulations despite the fact that many developing countries rely heavily on mining.
Gas Processing in Europe Outlook
As of April 2019, Europe has 88 active gas processing plants with a total capacity of 55,066.1 million cubic feet per day (mmcfd). The region’s share in the global gas processing capacity is 9.6%. Major active gas processing plants in Europe are Kollsnes (Norway), Karsto (Norway) and Easington Terminal (United Kingdom).
The Netherlands has 50 active gas processing plants in the country. In April 2019, the total processing capacity of these plants was 24,587.4 mmcfd. Netherland’s contribution to Europe’s total gas processing capacity is 44.7%. The major gas processing plants in the country are Balgzand-HiCal, Balgzand-Nogat and Amswee
In February 25 2019, the BASF and The Linde Group’s Engineering Division have agreed on a collaboration to serve natural gas processing applications using BASF’s adsorbent technology and Linde’s adsorption & membrane technology.
This collaboration brings together two leading companies in the fields of adsorbents, adsorption and membrane technology. With the combined capabilities of materials expertise from BASF and engineering expertise from Linde, the two companies are well positioned to expand their global leadership position in natural gas applications.
Electronic Goods Recycling Industry
The Electronic Goods Recycling industry has performed well over the past five years. Industry growth has remained strong, with increased direct and indirect subsidization of the industry driving growth. Electronics recyclers earn the majority of their revenue from direct or indirect government subsidization. Over the past decade, both the average number of electronics owned by each consumer and the rate at which electronics are replaced have grown significantly.
As a result, it is expected that revenue generated by the Electronic Goods Recycling industry will grow an annualized 9.0% over the five years to 2024 with expected growth of 5.9% to $14.9 billion in 2019. Due to the potential harmful effects that improperly discarded electronics can have on the environment and human health, public calls for the development of electronics recycling infrastructure have grown strongly during the five-year period. While no comprehensive federal law exists to address the issue of e-waste, many municipalities and states have implemented legislation to tackle the problem.
This legislation has funded industry operations either through the direct contracting of electronics recyclers to carry out the electronics recycling needs of a specific area or by forcing manufacturers and retailers of electronics to pay for the recycling of the electronics they produce or sell.
For more details, please visit: Electronic Goods Recycling – Industry Market Research Report
Metals & Mining Industry Highlights
The global metals and mining industry has fluctuated in recent years, with expectations for this to continue. Asia-Pacific dominates the global metals and mining industry, accounting for 68.7% in 2017. This was followed by Europe and the US, which accounted for 13.6% and 6.3%, respectively.
The global industry contracted significantly in 2015 after cheap Chinese steel flooded the market due to overproduction. This dragged down the value of steel temporarily; however, anti-dumping measures implemented by the EU and the US, in addition to China’s own export tariffs, encouraged recovery in 2016. The rush to beat President Donald Trump’s tariffs on steel and aluminum imports encouraged further growth of 26.2% in 2017.
The iron and steel segment was the industry’s most lucrative in 2017, with total revenues of $1,431.8bn, equivalent to 61.4% of the industry’s overall value. The coal segment contributed revenues of $501.8bn in 2017, equating to 21.5% of the industry’s aggregate value. The performance of the industry is forecast to accelerate, with an anticipated which is expected to drive the industry to a value of $2,346.2bn by the end of that year.
For more details, please visit: Metals & Mining Global Industry Guide 2013-2022