Sustainable Value Creation in the Fine and Speciality Chemicals Industry -- Contents -- Foreword -- Preface -- Acknowledgement -- About the Author -- 1 Transformations in the Fine and Speciality Chemicals Business -- 1.1 Fine and Speciality Chemicals Industry Structure -- 1.1.1 Global Chemical Industry Trends -- 1.1.1.1 Macro Trends Shaping the Fine and Speciality Chemicals Industry -- 1.1.1.2 Consolidation Continues -- 1.1.2 Managing Transitions in the Fine and Speciality Chemicals Industry -- 1.1.2.1 Manage Commoditization Threats -- 1.1.2.2 Restructure Portfolios through Mergers and Acquisitions -- 1.1.2.3 Investing in Innovative R&D Platforms -- 1.1.2.4 Leveraging Emerging Technologies -- 1.1.2.5 Tapping the Promise of Renewables -- 1.1.2.6 Rationalization of Cost Structures -- 1.1.3 Industry Shifts, Competitiveness and Markets -- 1.1.3.1 Understanding Fine and Speciality Chemicals -- 1.1.3.2 Shift of Manufacturing and Markets to Emerging Economies -- 1.1.3.3 Market Focus on Sustainable Products -- 1.2 Regulations and Fine and Speciality Chemicals Industry -- 1.2.1 New Directions in Regulatory Regimes -- 1.2.1.1 GHG and Water Footprint Mapping -- 1.2.1.2 Impact of REACH on Fine and Speciality Chemicals Industry -- 1.3 Fine and Speciality Chemicals Industry and Sustainable Practices -- 1.3.1 Sustainable Value Creation in the Fine and Speciality Chemicals Industry -- 1.3.1.1 New Growth Models Driven by Sustainability Forces -- 1.3.1.2 Customer Drives Industrial Sustainability -- References -- 2 Sustainable Management: Evolution, Transitions and Tools -- 2.1 Chemical Industry: Aligning with Sustainable Development Mandates -- 2.1.1 Developing a Sustainable Strategy -- 2.1.1.1 Defining Sustainability -- 2.1.1.2 New Green Chemistry and Technology Strategies -- 2.1.1.3 Sustainability Moves Beyond Manufacturing.

2.1.1.4 Managing Sustainability Initiatives -- 2.2 Sustainability Performance Assessment -- 2.2.1 Evolution of Tools and Metrics -- 2.2.1.1 Sustainable Value Creation Tools -- 2.2.1.2 Sustainable Reporting -- 2.2.1.3 Role of Sustainability Exchanges and Indices -- 2.2.1.4 Sustainability Certifications -- 2.2.2 Carbon Footprint Analysis -- 2.2.2.1 Trends in CFA -- 2.2.2.2 Industrial Initiatives in Lowering Carbon Footprints -- 2.3 Sustainability Trends in the Chemical Industry -- 2.3.1 Sustainability Strategies -- 2.3.1.1 Industry Strategy for Sustainable Management -- 2.3.2 Innovation and Sustainability -- 2.3.2.1 Innovations: Commercial Developments -- 2.3.2.2 Regulation Drives Innovation -- 2.3.2.3 Drivers and Limiters for Innovation -- 2.3.3 Sustainable Technologies: Reflections -- 2.3.3.1 Contemporary Trends -- 2.3.3.2 Promotional Barriers in Developing Countries -- 2.3.3.3 Future Directions -- References -- 3 Research and Technology Directions -- 3.1 Shifts in Fine and Speciality Chemicals Technologies -- 3.1.1 Evolution of Green Chemistry and Engineering -- 3.1.1.1 Emergence of a Novel Technology Pool -- 3.1.1.2 GCT as a Sustainability Tool: Evolving Perceptions -- 3.1.1.3 Developing Green Chemistry Tools and Metrics -- 3.1.2 Strategies for Commercializing GCT Models -- 3.1.2.1 Trends in Design of Greener Processes -- 3.1.2.2 Advances in Novel Reaction Media -- 3.1.2.3 Nonconventional Process -- 3.1.2.4 New Activations -- 3.1.2.5 Leveraging Green Engineering Principles -- 3.1.3 Future Directions in GCT -- 3.1.3.1 Policy Initiatives -- 3.1.3.2 Emerging Perspectives and Future Challenges -- 3.1.3.3 The Road Ahead: What Has Been Learnt? -- 3.2 Catalytic Technologies -- 3.2.1 New Catalytic Technologies Shape the Fine Chemicals Industry -- 3.2.1.1 Homogeneous and Heterogeneous Catalysis -- 3.2.1.2 Phase Transfer Catalysis.

3.2.1.3 Asymmetric Catalysis -- 3.2.2 Biocatalysis -- 3.2.2.1 Advances in Biotransformations through Biocatalysis -- 3.2.2.2 Advances in Biocatalysis for Fine Chemicals Synthesis -- 3.2.2.3 Biotransformations Driven by Microbial Cells -- 3.2.2.4 Future Directions in Biocatalysis -- 3.2.3 Advances in Catalysis -- 3.2.3.1 Novel Catalysis -- 3.2.3.2 Future Directions in Catalytic Technologies for Fine Chemicals -- 3.3 Enabling Technologies -- 3.3.1 Process Intensification: Concepts and Evolution -- 3.3.1.1 Process Intensification: PI Equipment and PI Methodology -- 3.3.1.2 Enabling New Process Options -- 3.3.1.3 Micro Reactor Technologies (MRTs) for Fine Chemical Synthesis -- 3.3.2 Tools for Eco-Efficient Process Development -- 3.3.2.1 Reaction and Process Design -- 3.3.2.2 Computational Tools -- 3.3.2.3 Combinatorial Chemistry Tools -- 3.3.3 Nanotechnology -- 3.3.3.1 Nanotechnology: Emerging Areas -- 3.3.3.2 Future Directions -- 3.4 Product Engineering: A Key Sustainability Tool -- 3.4.1 Product Engineering: A Multidisciplinary Approach -- 3.4.1.1 Product Design in Formulated Products -- 3.4.1.2 New Directions in Product Engineering -- 3.5 Emerging Trends in Chemical Sciences and Engineering Education -- 3.5.1 New Directions -- 3.5.1.1 Context-Based Model -- References -- 4 Resource Optimization Strategies -- 4.1 Resource Optimization: A Systems Approach -- 4.1.1 Process Integration -- 4.1.1.1 Heat and Mass Resource Optimization -- 4.1.1.2 Water Networks -- 4.1.2 Solvent Optimization Approaches -- 4.1.2.1 Solvent Optimization Tools -- 4.1.2.2 Advances in Solvent Recovery Systems -- 4.1.3 Water Optimization Strategies -- 4.1.3.1 Closed Loop Wastewater Recycling -- 4.1.3.2 Complexities in Wastewater Minimization -- 4.2 Waste Valorization to High Value Chemicals -- 4.2.1 Chemical Waste Recovery and Valorization.

4.2.1.1 Waste By-products to High Value Chemicals -- 4.2.1.2 Waste Exchanges as a Route to Pollution Prevention -- 4.2.2 Valorization of Bio-Based Organic Wastes -- 4.2.2.1 Bio Wastes to High Value Specialities: Prospects and Challenges -- 4.2.2.2 Biosurfactants from Wastes -- 4.2.3 Valorization of Carbon Dioxide and Carbon Monoxide -- 4.2.3.1 High Value Chemicals from Carbon Dioxide -- 4.2.3.2 Novel Developments Based on Carbon Dioxide -- References -- 5 Bio-Based Chemicals, Specialities and Polymers -- 5.1 Towards a Bio-Based Economy -- 5.1.1 Bio-Based Industry: Evolution and Structure -- 5.1.1.1 Bio-Based Industry Attracts Investments -- 5.1.1.2 Bio-Based Industry Adopts Diverse Strategies -- 5.1.1.3 Bio-Based Markets and Trends -- 5.2 Biorefinery and Biofeedstocks -- 5.2.1 Biorefining Technologies -- 5.2.1.1 Conversion Technologies -- 5.2.1.2 Biorefineries go Commercial -- 5.2.1.3 Future of Biorefining Technologies -- 5.2.2 Biofeedstocks -- 5.2.2.1 Emerging Trends in Biofeedstocks -- 5.2.3 Platform Chemicals: Technologies at a Nascent Stage -- 5.2.3.1 Bio-Based Products Value Chain -- 5.2.3.2 Platform Chemicals to High End Specialities -- 5.2.3.3 Future Research Directions -- 5.3 Bioproducts: Moving from Laboratory to Markets -- 5.3.1 Bio-Based Commodities -- 5.3.1.1 1,3-Propanediol (1,3-PDO) -- 5.3.1.2 Epichlorohydrin -- 5.3.1.3 Propylene and Derivatives -- 5.3.1.4 Butanol -- 5.3.1.5 Glycerine -- 5.3.1.6 Cellulosic Ethanol -- 5.3.1.7 Methyl Methacrylate -- 5.3.1.8 Isoprene -- 5.3.2 Bio-Based Fine Chemicals -- 5.3.2.1 Biosuccinic Acid -- 5.3.2.2 Acrylic Acid -- 5.3.2.3 Adipic Acid -- 5.3.2.4 Furfural -- 5.3.2.5 Sorbitol -- 5.3.2.6 Levulinic Acid -- 5.3.2.7 Glucaric Acid -- 5.3.3 Biospecialities -- 5.3.3.1 Biolubricants -- 5.3.3.2 Biosolvents -- 5.3.3.3 Biosurfactants -- 5.3.3.4 Bioadhesives -- 5.3.3.5 Miscellaneous Specialities.

5.3.4 Biopolymers -- 5.3.4.1 Evolution of Biopolymers -- 5.3.4.2 Driving Innovations in Bioplastics -- 5.3.4.3 Biopolymers Going to the Market Place -- 5.3.4.4 Polymeric Resins from Plant Oils -- 5.3.4.5 Algal Bioplastics -- 5.3.4.6 Bio-Based Natural Polymers -- 5.3.4.7 Bio-Based Polymers: Commercial Challenges -- 5.4 Lab to Markets: Challenges of Commercialization -- 5.4.1 Strategies for Growth: Diverse Perspectives -- 5.4.1.1 Commercialization Barriers -- 5.4.1.2 Sustainability Strategies in Bio-Based Chain -- 5.4.1.3 Future Directions for a Bio-Based Economy -- References -- 6 Sustainable Practices in the Fine and Speciality Chemicals Industry -- 6.1 Shifts Towards Sustainable Practices -- 6.1.1 Investing in Innovative Models -- 6.1.1.1 Moving to the Next Level in Sustainability Management -- 6.2 Sustainable Practices in the Pharmaceutical Industry -- 6.2.1 Sustainabile Transitions -- 6.2.1.1 Sustainable Initiatives -- 6.3 Sustainable Practices in the Crop Protection Chemicals Industry -- 6.3.1 Evolving Sustainability Trends in Crop Protection Chemicals -- 6.3.1.1 Diverse Strategies -- 6.3.1.2 Biopesticides -- 6.4 Sustainable Practices in the Oleochemicals and Surfactants Industry -- 6.4.1 Shifts Towards Sustainable Models -- 6.4.1.1 Newer Approaches to Novel and Safer Surfactants -- 6.4.1.2 Biosurfactants -- 6.4.1.3 New Technologies Redefine Oleochemicals -- 6.4.1.4 Sustainability Trends -- 6.5 Sustainability Practices in the Personal and Home Care Chemicals Industry -- 6.5.1 Sustainability Practices gain Momentum in the Personal and Home Care Sector -- 6.5.1.1 Industry Developed Rating Standards and Indices -- 6.5.1.2 Greener Product Innovations -- 6.5.1.3 Shift to Natural Products -- 6.5.1.4 Future Directions -- 6.6 Sustainable Practices in the Coatings Industry -- 6.6.1 Transitions to Sustainable Models.

6.6.1.1 Innovative and Sustainable Coating Technologies.