Press Releases

ADM  and Spiber Inc. announced an agreement to expand the production of Spiber’s innovative Brewed Protein™ polymers for use in apparel and other consumer products. The collaboration will combine Spiber’s cutting-edge structural protein fermentation technology with ADM’s deep expertise in large-scale fermentation technologies, engineering, operations and extensive agricultural supply chain. The Brewed Protein polymers will be produced by ADM in the

Ascend Performance Materials today announced a price increase for intermediates. The price increase takes effect immediately and includes the following conditions: Customers should contact their local sales representative for more information. About Ascend Performance Materials Ascend Performance Materials produces high performance m

JasonMould, a leading China plastic injection molding manufacturer, today announced that it is updating its line of machines for robotics and automatic plastic injection manufacturing. Plastic injection molding is a manufacturing process for producing parts by injecting thermoplastic and thermosetting polymers into a mold. Material for the part is fed into a heated barrel, mixed and injected into a mold cavity, where it cools and hardens to the configuration of the cavity. Custom pl

LyondellBasell and Sasol  announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol's 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants and associated infrastructure for a total consideration of US$2 Billion. The agreement includes customary rights for each partner regarding the potential future sale of its ownership interest. The JV will operate under the

SABIC, a global leader in diversified chemicals, is pleased to announce its recent collaboration with a leader in film manufacturing technologies, Brückner Maschinenbau. This industry-leading innovation combines SABIC’s certified circular BOPP and BOPE materials with Brückner’s world leading manufacturing technology for flexible packaging. The collaboration aims to encourage flexible packaging manufacturers to use SABIC’s TRUCIRCLE solutions for certified circular

On September 30, 2020, effective at midnight, BASF closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm. The purchase price on a cash and debt-free basis is €3.17 billion. The Construction Chemicals business now forms the newly founded MBCC Group, headquartered in Mannheim, Germany. “Lone Star has been a professional partner in this transaction and is committed to the future success of the business,&rdquo

Four of the leading players in polystyrene production and recycling have initiated a Non-Disclosure Agreement to explore and optimize advanced recycling technologies for polystyrene, such as depolymerization. The agreement will accelerate steps by the industry to reduce plastic waste by creating a more circular economy for polystyrene. Agilyx, the pioneer in chemical recycling of post-use plastic streams, will collaborate with leading polystyrene producers AmSty, INEOS Styrolution a

Eastman, the producer of sustainably sourced Naia™ cellulosic fiber, introduces its new Naia™ Renew portfolio, sourced from 60% wood pulp and 40% recycled waste plastics*. Naia™ Renew cellulosic fiber is traceable with certified biodegradability that captures the value of hard-to-recycle materials that would otherwise be destined for landfills. It can be produced at scale to deliver sustainability without compromise to the fashion world. "Naia™ Renew ena

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world,  released its annual Sustainability Report with the aim of affecting positive change and is focused on three transformational areas including plastic waste, climate change, and thriving societies. LyondellBasell announced one of the most ambitious goals of the industry to produce and market two million metric tons of recycled and renewable-based polymers annually by 2030. The report showcases Lyon

Amcor, a global leader in packaging, today announced the world's first recyclable flexible retort pouch. The technical breakthrough, which many considered impossible, follows years of dedicated research and investment. The product, which uses Amcor's AmLite HeatFlex Recyclable solution, has the potential to be used in a variety of retort applications where products with a long shelf life require high-barrier, high-heat resistant packaging. "The technology to s

In addition to its already being marketed liquid silicone rubber form, Shin-Etsu Chemical Co., Ltd. (Head Office: Tokyo, President, Yasuhiko Saitoh) has now developed a molding silicone rubber that also does not require post cure in its millable form. Shin-Etsu is the first in the industry to have developed a millable (high consistency) type* of silicone rubber that does not require a post cure. Shin-Etsu succeeded in developing this breakthrough product by making use of the unique

Specialty chemicals company LANXESS India has received multiple awards from the Indian Chemical Council (ICC), recognizing the organization’s commitment and outstanding performance specifically in the areas of Environment and Human Resource Management under the ‘Large Companies’ category. It also won the Certificate of Merit for Best Compliant Company for two codes under Responsible Care - Process Safety Code & Distribution Code. Additionally, based on the Nicer Globe In