PCM briefing: Pluss VP honored as 'Innovator under 35'; BASF partners with Hewlett Packard Enterprise on new supercomputer
Ben Welter - Tuesday, March 21, 2017
• Ankit Jhanwar, VP for corporate planning and strategy at Pluss Advanced Technologies, was honored as one of 10 "Innovators under 35" at EmTech India 2017.
• Sunamp Ltd., maker of PCM-based heat batteries, is one of eight finalists for an Ashden UK Award. Winners will be announced at a ceremony in London on June 15. The competition recognizes excellence in the field of green energy.
• Hewlett Packard Enterprise will work with BASF to develop a supercomputer that will sharply reduce the time it takes to run simulations and modeling in chemical research. "The new supercomputer will promote the application and development of complex modeling and simulation approaches, opening up completely new avenues for our research at BASF,” said Dr. Martin Brudermueller, chief technology officer at BASF.
• McKinsey & Co. analysts say a slowdown in the chemical industry's financial performance over the past five years reflects important changes in the industry’s fundamentals. One of their recommendations: "Incumbent specialty-chemical players must prepare for further encroachment of commoditization and erosion of their historical advantages when attackers from developing markets gain more experience and become increasingly technologically savvy."
• California lawmakers have introduced legislation to encourage more clean energy resources to address peak load. The bills would require utilities to deploy clean energy during peak demand in order to meet the state's aggressive greenhouse gas and renewable energy goals.