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FT 1000: LONDON CHEMICALS & RESOURCES LISTED IN EUROPE’S FASTEST GROWING COMPANIES 2020.

The FT 1000, compiled with Statista, a research company, lists the European companies that achieved the highest compound annual growth rate in revenue between 2015 and 2018.

Companies requiring a minimum growth rate of 38.4 per cent to make the FT 1000 list.

MEGA GROWTH 50, The 50 Fastest-Growing Businesses in Kent (No2 - 323.6% - London Chemicals & Resources). A ‘company to inspire Britain’ in uncertain times

One of the areas under scrutiny is catalyst turnaround, including the loading of the new catalyst, discharge and recycling of the spent catalyst.

It is often said the strength of the British chemical industry is under-appreciated – so to see London Chemicals & Resources (LCR) so high on this year’s list is encouraging. The firm, which moved to its head office in Westerham in 2009, is an international distributor and supplier of chemicals and metals for industry. And over recent years its growth has been significant, seeing revenues leap by more than 323% over the last three years – fuelled in part by a focus on recycling industrial materials. Such a rate would have put it at number one in last year’s Mega Growth 50 list, but for this year, it has to settle for a still impressive second place.

THE TEAM ATTENDED: THE MMTA’S 46th ANNIVERSARY DINNER, 29th [...]

The downturn in oil prices has caused many refiners to look at areas of the business where efficiency could be increased and / or savings made.

One of the areas under scrutiny is catalyst turnaround, including the loading of the new catalyst, discharge and recycling of the spent catalyst.

The recycling of spent catalyst is an area that for a long period of time had kept a very low profile. Metal prices were favourable and although returns were small in comparison to earnings from oil production, the spent material had a positive value, buyers were readily available and the disposal of the spent catalyst was not a cause for concern. However the importance of environmentally sound recycling options has grown significantly in recent years due to the pressure both legislatively and environmentally. National and international requirements for spent catalyst generators have forced refiners to comply with increasingly restrictive legislation.

PRC Europe is an annual international downstream oil and gas event, a part of BGS Group PRC series which extends its coverage to Russia, CIS, Europe and other regions. The Congress brings together industry leaders who are upgrading their business models and switching to new technologies.

The downstream sector is in continuous evolution, and European refining industry is unceasingly facing different challenges: stream of changes in product demand and ever-more-stringent environmental regulations. Making adjustment of business processes to remain competitive in different scenarios requires more flexibility and best cost-saving solutions from the whole value chain.

London Chemicals & Resources Ltd will be offering commercially competitive Recycling options / solutions, to oil refineries and petrochemical producers, for their spent catalyst.

Please visit us at Stand 36.