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    S O L U T I O N S F O R T H E P R O C E S S I N D U S T R I E S

    GLOBAL

    July 2015FEATURES

    SILENCE IS GOLDEN

    Langguth Chemie GmbH, Konigsbrunn, Germany, produces

    cleaners, disinfectants and detergents for commercial and

    industrial applications, as well as soaps, lotions, shower gels

    and hand sanitizers. In addition to its own brands, it furnishes

    private-label brands. For years, the company used plastic air-

    operated double-diaphragm (AODD) pump technology. But the

    pumps didnt live up to expectations in two areas pumping

    high-viscosity liquids against pressure air consumption and noise

    generation. Langguth Chemie now employs eight next-generation

    AODD pumps in its container-filling operation, even though they

    have a higher purchase price than the old pumps. That higher

    price is negated by air consumption, maintenance and downtime

    cost reduction. Read more on page 6.

    FIRST GREENFIELD FUELREFINERY BUILT IN US IN40 YEARS NOW IN OPERATION

    Production reduces regional imports of

    diesel fuel. Read more on page 9.

    CHINA LOOKS TO SHALE GAS;BASF LOOKS TO CHINA

    Country looks for ways to respond to

    climate change. Read more on page 3.

    Click Here to Compare Hundreds of Products & Services

    S O L U T I O N S F O R T H E P R O C E S S I N D U S T R I E S

    GLOBAL

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    1GLOBAL PROCESSING JULY 2015

    ADVERTISING REPRESENTATION

    MICHAEL C. CHRISTIAN, GROUP PUBLISHERphone: 001+908-507-5472

    email: [email protected]

    PRODUCTIVITY PERSPECTIVES ......................................2

    ASIA

    China looks to shale gas; BASF looks to ChinaBASF invests in catalysts production even as government speaks

    of 25 trillion cubic meters of gas...............................................3

    EUROPESilence is goldenAt Langguth Chemie, pump solution optimizes filling operations

    while reducing noise............................................................6

    NORTH AMERICAFirst greenfield fuel refinery built in USin 40 years now in operation

    Operation will slow import of diesel in North Dakota;Texas ethylene facility significant project;

    Shell looks to build.................................................................9

    GLOBAL ISSUESFifteen opportunities on five continentsAround 250 sustainability experts across five continents identified

    15 opportunities to address five major global risks.........................12

    CONTENTS

    S O L U T I O N S F O R T H E P R O C E S S I N D U S T R I E S

    GLOBAL

    3

    6

    9 7

    JAY HAAS, DISTRICT MANAGERphone: 001+205-572-1058email: [email protected]

    JIM SEMPLE, NATIONAL ACCOUNTS MANAGERphone: 001+908-963-3008email: [email protected]

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    Munich-based multi-national conglomerate

    Siemens AG is the largest engineering company inEurope, and soon, perhaps in the world, once U.S.-

    based General Electric completes divestment of its

    banking and other finance operations.

    In fiscal 2014 Siemens generated revenues of nearly

    72 billion euros from continuing operations. In that

    same year, it contributed to the livelihoods of about

    343,000 employees in more than 200 countries.

    Its a very serious company. But, then again,

    imagine how much fun it must be to work some-place that claims its all about electrification, auto-

    mation and digitalization.

    That same kind of work-and-play mix was evi-

    dent at the 20th annual Siemens Automation Sum-

    mit, held in Las Vegas June 22 to 25.

    Listening to Siemens executives talk about digitali-

    zation of the process industries reinforces the notion

    that the central challenge remains just the integrating

    of the disparate technology generations and layers.And theres no getting around the fact that one of the

    best ways to address it is with a holistic infrastructure.As Peter Herweek, CEO, process industries &

    drives div., recently said, we provide a unique inte-

    grated portfolio, comprising hardware, software and

    services across the entire life cycle.

    Integrated engineering reduces error sources by

    minimizing interfaces amongst disciplines, enforc-ing workflow and allowing parallel processes.

    To go from engineering to integrated operations

    entails consistent updating of plant data as if

    you were creating a digital twin, says Herweek.

    You have much better equipment maintenance

    data, and an operations intelligence platform for

    better decision making based on indicators like

    plant utilization, raw-material availability, and pro-

    duction throughput and product quality.In the very recent past a control system con-

    cerned itself almost solely with things like level,

    pressure, temperature and flow. Now its a 360-de-

    gree environment, e.g., with capabilities related to

    energy management, condition monitoring and

    tele-control all part of the package.

    For engineering, its all about the process model,

    which is top-down, collaborative and on-line, with

    views that include the plants technological hierar-chy and simulation embedded in the engineering

    workflow.

    KEVIN PARKEREditorial [email protected]

    ENGINEERING PROFESSIONALS PLOTPROCESS-INDUSTRY FUTURE

    PRODUCTIVITY PERSPECTIVES

    2GLOBAL PROCESSING JULY 2015

    S O L U T I O N S F O R T H E P R O C E S S I N D U S T R I E S

    GLOBAL

    GLOBAL PROCESSING

    GLOBAL PROCESSING Magazine is published by Grand View Media Group.Editorial and Executive Offices: 200 Croft Street, Ste 1, Birmingham, AL 35242.Send address changes to PROCESSING Magazine, PO BOX 2174, Skokie, IL60076-7874. Grand View Media Group, 2015. GLOBAL PROCESSINGMagazine assumes no responsibility for validity of claims in items reports.

    For Subscription Questions/Inquiries:U.S. 866-721-4807Outside U.S. 847-763-1867Email [email protected] / Renew / Change of Address:www.processingmagazine.com/subscribe

    Editorial Director, Kevin ParkerEmail: [email protected]

    Managing Editor, Nick PhillipsEmail: [email protected]

    Copy Editor, Christy UnderwoodEmail: [email protected]

    Art Director,Julie FlynnEmail: [email protected]

    Group Publisher, Michael C. ChristianPh: 908-507-5472, Email: [email protected]

    Marketing Director, Annee CookEmail: [email protected]

    Digital Operations Manager, Mary Beth RomanoEmail: [email protected]

    Advertising Customer Service, Cookie RayfordEmail: [email protected]

    Audience Marketing Manager, Anna HicksEmail: [email protected] Team:Group President, Vicki DenmarkChef Revenue Oficer, Chris DolanChef Marketng Oficer, Mary Beth Shaddix

    VP, Audience Marketing, Delicia PooleInterm Chef Technology Oficer, Carin ObadFinancial Director, Randy LyleProduction/Business Director, Michael Humber

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    3GLOBAL PROCESSING JULY 2015

    ASIA

    Chinese authorities are said to be looking for ways to respond to cli-

    mate change swiftly and effectively, turning their attention towards frack-

    ing and other non-conventional methods for energy production in the

    hope that the country will be able to radically reduce coal use.

    Chinas energy generation mostly relies on coal, but as its economy

    has developed rapidly in recent years the demand for energy has also in-

    creased, resulting in China becoming the largest carbon dioxide polluter

    in the world. Air quality in the country has also dramatically deteriorated,

    putting the lives of millions at risk, The Scientific Americanreports. These

    factors have been the main driving forces for the Chinese government to

    actively seek alternatives.

    Reserves of shale gas are bountiful under the vast territory of the

    China looks to shale gas;BASF looks to China

    BASF invests in catalysts production even as government speaks of 25 trillion cubic meters of gas

    Photo copyright BASF SE 2015

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    ASIA Shale gas continued

    country but extracting it may prove more difficult that it might other-

    wise seem. It requires expertise and infrastructure, neither of whichis available in the Asian state. But helping fracking in China to lift off

    is of international importance too, so the United States has teamed

    up with China in pursuit of a common strategic interest, according to

    David Sandalow, an inaugural fellow at Columbia Universitys Center on

    Global Energy Policy.

    Official Chinese figures show that the estimated amount of recoverable

    shale gas is 25 trillion cubic meters, extracted from eight basins. But the

    U.S. Department of Energy has calculated that Chinas reserves could be

    about 36 trillion cubic meters, compared to 24 trillion cubic meters in the

    United States. Clearly, if regulation allows it, China could turn into the

    worlds largest shale gas producer, The Scientific American concludes.

    BASF starts construction

    BASF has started building a new chemical catalysts manufacturing plantat its existing site in the Shanghai Chemical Industry Park in China, in an

    effort to meet growing Chinese and Asian market demand.

    The chemical company said on June 18 that the new plant will be its

    first process catalysts manufacturing facility in the Asia Pacific region. It

    will produce base metal catalysts, custom catalysts and adsorbents, which

    are used in the production of fatty alcohols, sulfuric acid and butanediol

    4GLOBAL PROCESSING JULY 2015

    The United States is teaming up with China in pursuit of a strategic goal.

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    and for the removal of impurities from olefins.

    The plant design is said to be highly automated and energy efficient. Itoffers the opportunity for future expansion and the flexibility to adapt to

    new customer production requirements in the years ahead.

    Commenting at this weeks groundbreaking ceremony, Detlef Ruff,

    BASFs senior vice president for Process Catalysts, said that the new facil-

    ity in the Shanghai Chemical Industry Park would strengthen the com-

    panys manufacturing footprint in Asia Pacific and improve its proximityto customers in the fastest growing region for its base metal and custom

    catalysts solutions.

    Manufacturing activities at the new plant are planned to start in the

    fourth quarter of 2016.

    ASIA

    5GLOBAL PROCESSING JULY 2015

    Shale gas continued

    AkzoNobel hopes its planned EUR30 million invest-

    ment in a manufacturing facility in Thailand will help

    strengthen its position as a supplier within the country.

    The Amsterdam-based multinational says the invest-

    ment will support regional growth of its performance

    coatings business, as it looks to capitalize on an upturn

    in business in Asia since the turn of the decade.

    The Thailand Board of Investment-supported

    project comprises constructing a 120,000m2site

    within the Hemaraj Eastern Seaboard Industrial Es-

    tate in Chonbu.

    AkzoNobel estimates that the facility will initially

    yield 45,000 tons per year, with production ex-

    pected to start in the third quarter of 2016.

    The plant will provide for a number of perfor-

    mance coatings businesses, including metal coat-

    ings, protective coatings, specialty coatings and

    marine coatings, as well certain products from the

    companys decorative paints business.

    By investing in this new facility we are support-

    ing our continued growth within Thailand, as well

    as making progress with our regional business ex-

    pansion strategy, said AB Ghosh, managing direc-

    tor of AkzoNobels metal coatings business.

    Conrad Keijzer, the companys executive commit-

    tee member responsible for performance coatings,

    explained why it is making the bold move in Thai-

    land: Our business in Asia has experienced strong

    growth during the last several years. As demand and

    volumes continue to rise, the new site will enable us

    to better serve our customers whenever and wher-

    ever they need our products.

    AKZONOBEL SEEKS GROWTH IN THAILAND WITH COATINGS PLANT

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    6GLOBAL PROCESSING JULY 2015

    Langguth Chemie GmbH, Konigsbrunn, Germany, was founded in

    1963 by Rudolf Langguth. The company produces cleaners, disinfec-

    tants and detergents for commercial and industrial applications, as well

    as soaps, lotions, shower gels and hand sanitizers. In addition to its own

    brands, it furnishes private-label brands.

    The future of Langguth Chemie, however, came into question in 1993

    when Rudolf Langguth passed away. Rudolfs son, Klaus Langguth,

    stepped in and continues to operate the company.

    This company started as a one-man operation, so we had somestruggles with my fathers illness and death, says Klaus Langguth, who is

    today the companys managing director. We develop everything on our

    own, manufacture everything on our own. We buy only raw materials and

    develop the product, test the product and sell the product to our distribu-

    tors and private-label partners.

    Filled with frustration

    Langguth Chemie also faced challenges in optimizing cost-effectiveness

    of its production and product-transfer operations. Of concern was pack-aging where finished cleaners, detergents, disinfectants, soaps, lotions,

    etc., are pumped from 6,000-liter holding tanks into containers which

    generally range in size from 5 to 10 liters before being shipped to the

    end-user.

    Pumps transfer exact volumes while operating reliably in demanding

    start/stop conditions. Pumps inject the appropriate volume and then stop

    immediately, a challenge in these operations.For years, Langguth Chemie used plastic air-operated double-diaphragm

    (AODD) pump technology. But the pumps didnt live up to expectations in

    two areas pumping high-viscosity liquids against pressure air consump-

    tion and noise generation.

    We needed a reliable pump system that has high suction capabili-

    ties when pumping against pressure, with high-viscosity liquids, and that

    Silence is goldenEUROPE

    By Harald Vogl

    At Langguth Chemie, pump solution optimizes filling operations while reducing noise

    Prior to its current installation a number of plastic AODD pumps failed in the continuous-dutycontainer-filling operations.

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    7GLOBAL PROCESSING JULY 2015

    EUROPE Langguth Chemie continued

    wouldnt get dry when pumping out of containers, explains Langguth.

    We tried other pumps, but they took too much air in order to work, and

    they were loud, difficult to maintain and unreliable.

    Complete commitment

    Part of PSG, a Dover Co., Almatec is a leading brand of AODD

    pumps, manufactured in PSGs Kamp-Lintfort, Germany, facility.

    E-Series air-operated double-diaphragm pumps are a next-generation

    technology that has replaced Almatecs standard-setting A-Series AODD

    pump line. Advances include a diaphragm-sized ring on each side of the

    pump that allows a series of housing bolts to be tightened against the

    housing, resulting in a more even spreading of housing-bolt force; anoptimized flow pattern that decreases resistance and increases energy ef-

    ficiency; and the use of less air to achieve the same level of flow.

    Langguth Chemie employs eight E40 models in its container-filling

    operation, even though they have a higher purchase price than the old

    pumps. That higher price is negated by air consumption, maintenance and

    downtime cost reduction.

    The mechanical parts are more stable in these pumps. They hold the

    air pressure better and longer so the air consumption is lower, Langguth

    says. Its a theoretical level of 50% less air consumption and I think inpractical usage we are receiving, without any effect on flow rates, a 30%

    to 50% increase in seal-ability. The old pumps needed too much air, about

    double what the Almatec needs. With the old pumps we were probably

    going to need a new compressor.

    About those pumps

    E40 pumps feature solid-block polyethylene (PE) construction (as op-

    posed to the molded-plastic construction of the older pumps), have a 38

    mm port size, dry-suction lift of up to 4 m, wet-suction lift to 9.5 m, maxi-mum operating pressures of 7 bar and can function with fluid temperatures

    up to 70C. Standard diaphragms are PTFE (Teflon), but after several

    months of use, Langguth Chemie has determined that the same, if not

    higher, level of pump performance can be achieved with the incorporation

    of EPDM diaphragms.

    When handling soaps and other cleaners, oftentimes the ingredients

    A technician doses the ingredients into a mixing vessel until the end-product is bottled andsent down the packaging line.

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    EUROPE Langguth Chemie continued

    8GLOBAL PROCESSING JULY 2015

    are surfactants that can crack plas-

    tic, which is something we alwayshad to watch out for, Langguth

    says. The EPDM diaphragms are

    working well so far.

    The E40 pump advantage is ap-

    parent when you enter the filling

    room you can comfortably carry

    on a conversation.

    Everyone is happy with the

    quieter pumps. The noise is 300percent less, says Langgueth.

    Theres about seven pumps run-

    ning at one time and just one of

    the previous pumps made more

    noise than the seven Almatecs all

    running at once.

    Harald Vogl is a Regional Sales Manager Germany for Almatec and

    PSG. Mr. Vogl can be reached at [email protected].

    Almatec is a leading brand of air-operated double-diaphragm (AODD)

    pumps from PSG, a Dover Company. Headquartered in Oakbrook Terrace,

    Illinois, USA, PSG is comprised of several of the worlds leading pump brands.

    AODD Pumps are a solution for Langguth Chemie

    because they meet the demands of stop/start

    continuous-duty pumping applications while

    consuming less air and generating less noise.

    Round Separator

    Patented In 1942.

    Perfected Every Year Since.

    We put technology in motion.

    www.sweco.comSWECO, a business unit of M-I L.L.C.

    TM

    SWECO has been the global leader in separation technology for more than

    70 years. From round, rectangular, gyratory, and centrifuge separators to

    aftermarket parts and screens, SWECO can engineer an innovative solution

    for your application.

    Originators - SWECO invented and patented the vibratory Round Separator in 1942

    Innovators - Since 1942, SWECO has been awarded over 70 patents

    Experts - SWECO agents average over 25 years of experience with SWECO equipment

    Engineering - Over 70% of SWECO machines are custom engineered for our customers

    Global - SWECO has 12 manufacturing facilities and over 100 sales offices worldwide

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    Production will slow import of diesel in North Dakota; Texas ethylene facilitysignificant project; Shell looks to build

    9GLOBAL PROCESSING JULY 2015

    First greenfield fuel refinery built inUS in 40 years now in operation

    A new refinery in North Dakota is the first

    greenfield fuel refinery built in the United

    States in nearly 40 years.

    Joint owners MDU Resources Group, Inc.

    and Calumet Specialty Products Partners, L.P.

    recently held an opening ceremony for the

    Dakota Prairie refinery. The facility, whichstarted operating in May, can process 20,000

    barrels per day of Bakken crude oil. It is cur-

    rently supplying about 7,000 barrels per day

    of diesel fuel, helping to offset North Da-

    kotas need to import nearly two-thirds of its

    diesel supply.

    This facility will help improve the states diesel supply, and over time

    has the potential to be an important contributor to the economic growth

    of the local and state economy, commented Dave Goodin, MDU Re-sources president and CEO.

    The Dakota Prairie diesel refinery is helping us process crude right in

    the heart of our states oil producing region, added North Dakota U.S.

    Senator John Hoeven.

    In addition to diesel, the Dakota Prairie refinery is producing up to

    6,500 bpd of naphtha, which is used as a diluent to transport heavy oil

    by pipeline and as a feedstock in gasoline. It

    is also producing 6,000 bpd of atmospheric

    tower bottoms, which can be used as a feed-

    stock for lubricating oils and other refined

    products.

    The refinery has about 80 full-time em-

    ployees and operates 24 hours a day, sevendays a week.

    CB&I to build ethylene facility

    Energy infrastructure company CB&I is

    to construct an ethylene storage facility in

    Markham, Texas, for Ingleside Ethylene. The

    engineering, procurement and construction (EPC) contract is valued at ap-

    proximately $115 million. Announcing the project award, CB&I said that it

    covers the surface facilities including compression, dehydration, meter-ing and associated pipe fabrication at the salt cavern storage location.

    The storage facility is integral with an ethylene cracker under construc-

    tion in Ingleside, Texas. CB&I agreed previously to provide the license

    for the ethylene technology, five SRT (short residence time) cracking

    heaters and the engineering, procurement and construction of the ethyl-

    ene cracker.

    NORTH AMERICA

    Photo copyright Royal Dutch Shell plc

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    10GLOBAL PROCESSING JULY 2015

    NORTH AMERICA Commodities continued

    Ingleside Ethylene is a joint venture between Mexican chemical and pet-

    rochemical group Mexichem and Occidental Chemical Corp. (OxyChem), a

    subsidiary of Occidental Petroleum Corp.

    The $1.5 billion ethylene cracker is being built at OxyChems existing

    Ingleside site, with pipelines and storage in Markham. It will have cracking

    furnaces with selective catalytic reduction technology to produce 1.2 billion

    pounds of ethylene per year, chemicals-technology.com reported.

    The ethylene cracker is a significant project both for OxyChem and

    Mexichem, and the award of this project reflects the quality of work CB&I

    has provided to date, commented Patrick K. Mullen, president of CB&Is

    Engineering & Construction operating group.

    Shell looks to build

    Shell Chemical has agreed to buy a 1,000-acre site in Pennsylvanias Bea-

    ver County, where it plans to build an ethane cracker complex.

    The site, located off the Ohio River in Potter Township, was previously

    home to a zinc smelter facility owned by Horsehead Holding Corp. Finan-

    cial details of the transaction were not disclosed, but reports suggested that

    Shell paid $13.5 million for the land.

    Shell has drawn up plans to construct a large ethane cracker plant, which

    would process locally produced ethane from shale gas production into pet-

    rochemical products, including polyethylene.

    Shell has not yet made a final decision on whether it will go ahead with the

    multi-billion dollar project, although the company has started development

    work at the site, demolishing the zinc plant and working on relocating power

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    Ph. (785) 472-4461, Fax: (785) 472-3539

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    The Ranger QCT featuresQuick Change Trim thatallows the use of several sealretainers and inserts to varyorifice size and help controlcavitation.

    Model HP-1+6+Sis a heavy-duty, highpressure reducingdifferential regulator.Inlet pressure may beas high as 3000 psig(207 Barg). Outletpressure may be ashigh as 1500 psig (103

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    NORTH AMERICA Commodities continued

    11GLOBAL PROCESSING JULY 2015

    lines that run through the property, the Pittsburgh Business Timesreported.

    The land purchase is a necessary step for Shell to advance the permit-

    ting process and allows us to proceed with some preliminary site develop-

    ment work, Shell spokesman Michael Marr explained.

    A final investment decision will only be made once the required permits

    have been secured, he said.

    The site is well situated, with access to liquid-rich natural gas resources

    and water, road and rail transportation infrastructure and power grids, as

    well as sufficient land to accommodate facilities and space for potential

    future expansion, chemicals-technology.com reported.

    The U.S. Department of Agriculture (USDA)

    wants to create additional opportunities for

    growth in renewable plant-based materials.

    The industry already generates substantial

    economic activity and American jobs, Agricul-

    ture Secretary Tom Vilsack said on June 17. A

    new report says that in 2013 alone the biobased

    products industry contributed 4 million jobs

    and $369 billion to the U.S. economy.

    Today, we are adding to the number of

    innovative products carrying USDAs BioPre-

    ferred label and expanding options for our na-

    tions bio-refineries, Vilsack announced. This

    means small businesses and global companies

    alike can continue to harness the power of

    Americas farms and forests to create new and

    innovative biobased products that are used all

    around the world.

    The updated BioPreferred program rules

    will no longer exclude mature market products.

    That means more innovative wood prod-

    ucts and other materials will carry the USDA

    BioPreferred label. Forest products that meet

    biobased content requirements, regardless of

    market share the product holds, age of product,

    or whether the market for the product is new or

    emerging, will also now meet the definition of

    biobased product.

    Other considerations

    USDA is also making improvements to its

    bio-refinery, renewable chemical, and biobased

    product manufacturing assistance program (the

    former bio-refinery assistance program), which

    provides loan guarantees of up to $250 million

    for the construction and retrofitting of com-

    mercial scale bio-refineries and biobased prod-

    uct manufacturing facilities.

    Bio-refineries that receive funding will now

    be allowed to produce more renewable chemi-

    cals and other biobased products, and not pri-

    marily advanced biofuels. Additionally, biobased

    product manufacturing facilities will be eligible

    to convert renewable chemicals and other bio-

    based outputs of bio-refineries into end-user

    products. The new regulations also implement a

    streamlined application process, USDA said.

    The use of biobased products in the United

    States currently displaces an estimated 300 mil-

    lion gallons of petroleum per year, which is

    equivalent to taking 200,000 cars off the road.

    MORE PRODUCTS NOW LABELED BIOBASED

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    Fifteen opportunities on five continentsIn recent months around 250 sustainability experts

    across five continents identified fifteen opportunities

    to address five major global risks. The results will help busi-nesses and governments, and be published next February in the second

    edition of the Global Opportunity Report.

    The initiative is from the UN Global Compact, DNV GL and the

    Monday Morning Global Institute.

    Risk requires systematic and comprehensive response. Thence a myriad

    of opportunities for building better societies and businesses arise. After

    identifying a set of sustainable responses to risks, the Global Opportunity

    Network will survey over 5,000 public and private sector leaders. The re-

    sulting guide to the greatest global opportunities will be published in theFebruary 2016 report.

    The 2015 Global Opportunity Report helped inspire global change-

    makers to adopt a new mindset. Its published findings indicated business

    leaders have strong confidence in their own ability to turn sustainability

    challenges such as water scarcity and the vagaries of fossil fuels into busi-

    ness opportunities, particularly in manufacturing and finance in emerging

    economies.

    First report resultsThat report was based on a survey and consultations with more than

    6,000 public and private sector leaders in over 21 countries. The report

    confirms that there has been a turning point, where private sectors are

    now a critical driver of sustainable development, with emerging econo-

    mies in the front seat, says Georg Kell, executive director of UN Global

    Compact.

    The report identifies and ranks 15 sustainability opportunities according

    to public and private sector interest and potential impact on societies and

    business. Additionally, the report identifies more than 120 readily avail-able solutions.

    Asked about future prospects, business leaders see untapped and prof-

    itable opportunities especially in handling and providing solutions to

    address water scarcity and to promote green consumer choices. Overall,

    water-efficient agriculture is the opportunity that inspires most confi-

    dence among the leaders.

    Opportunities related to fossil fuels also were assessed positively. The

    most favored opportunity here is green consumer choices. This includes

    innovations to change consumer behavior to increased uptake of renew-able energy in households or a growing selection of consumer products

    made with the use of renewables.

    The public sector is expected to play an important role in realizing

    many of the opportunities described in the report, especially those that

    are regulation-oriented. Nevertheless, public sector respondents were

    consistently less optimistic than the private sector about how the op-

    portunities can positively affect society and their capacity to pursue these

    opportunities.

    Succeeding generations

    However, the Global Opportunity Report indicates that this scenario is

    likely to change.

    For leaders below 30 years of age, female leaders and leaders in emerg-

    ing economies in Asia, Sub-Saharan Africa and South America, regulated

    energy transition and smart water regulation are the top-ranking sustain-

    12GLOBAL PROCESSING JULY 2015

    GLOBAL ISSUES

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    13GLOBAL PROCESSING JULY 2015

    World news continued

    ability opportunities.I believe that one of the most interesting findings in the report is how

    young leaders under 30 years of age, people in emerging economies and

    also women embrace regulation as a strong tool for sustainable change,

    says Henrik O. Madsen, Group CEO and President of DNV GL.

    Emerging economies are especially ready to pursue market opportuni-

    ties associated with sustainability challenges. The report shows that the

    manufacturing sector especially in China is most confident in their

    ability to address sustainability barriers and deliver profits and prosperity

    in return.

    Regionally, China is the most optimistic in the survey with 48 percent

    showing great confidence in sustainability opportunities, followed by

    India with 44 percent and South America 37 percent. Europe is the leastoptimistic with only 23 percent, making it the most cautious region when

    it comes to belief in development associated with sustainability.

    The Global Opportunity Report and the global survey will be con-

    ducted annually.

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    Why are the developing countries optimistic and the developed pessimistic?

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    GLOBAL ISSUES