Press Releases

CNOOC Limited and 80883 announces today that Mr. Zhang Chuanjiang has been appointed as Chairman of the Board, a Non-executive Director, Chairman of the Nomination Committee and Chairman of the Strategy and Sustainability Committee of the Company. The Board would like to take this opportunity to offer its sincere congratulation to Mr. Zhang. Zhang Chuanjiang Born in 1968, Mr. Zhang is a professor-level senior engineer with a Master's deg

TotalEnergies announces the closing of its acquisition of a 50% stake in the solar, wind and Battery Energy Storage Systems (BESS) portfolio of AES Dominicana Renewables Energy. This deal follows TotalEnergies’ 2024 acquisition of a 30% share in AES solar and battery assets currently under construction in Puerto Rico. The combined portfolio now exceeds 1.5 GW of renewable energy and BESS capacity across the Caribbean. These transactions advance TotalEnergies' multi-energy

Xanadu (xanadu.ai), a world leader in photonic quantum computing, and Mitsubishi Chemical, have launched a joint project to use quantum computing for the advancement of new semiconductor chip fabrication technologies. This collaboration aims to discover novel quantum algorithms for simulating quantum processes in extreme ultraviolet (EUV) lithography–a wafer patterning technique utilizing extremely short wavelength light–which is critical for developing ever-smaller and more compl

Avantium N.V., a leading company in renewable and circular polymer materials, is pleased to share that Japan has fully implemented its Positive List system for food contact plastics as of 1 June 2025. This list, part of the Food Sanitation Law, includes FDCA (2,5-furandicarboxylic acid) as an approved monomer. As a result, PEF (polyethylene furanoate), a plant-based plastic made from FDCA, is now eligible for use in food-contact applications in Japan, where only substances included on the Pos

China Petroleum & Chemical Corporation has won the "Best Scientific And Technological Innovation Practice" award at the 2nd Sino-European Corporate ESG Best Practice Conference (the "Conference"), which was hosted on June 26 in Stuttgart. Sinopec's case submission of Breakthrough in Depth, Climb to New Heights — Empowering the Energy and Chemical Industry with Technological Innovation stood out among the numerous entries. The Conference reviews

DuPont today announced the launch of FilmTec™ Hypershell™ XP RO-8038 element—an advanced reverse osmosis (RO) solution engineered to meet the evolving needs of the dairy processing industry. As dairy producers face increasing pressure to improve efficiency, reduce energy consumption, and maintain high product quality, FilmTec™ Hypershell™ XP RO-8038 element supports the production of high-quality dairy products that meet consumer demands for both perfor

Akzo Nobel N.V. has signed an agreement to sell its shareholding in Akzo Nobel India Limited (ANIL) to the JSW Group, one of India’s leading diversified conglomerates. The transaction is based on a total enterprise value of approximately €1.4 billion, representing an EV/EBITDA multiple of 22x, and includes AkzoNobel’s liquid paints and coatings business in India. The India Powder Coatings business and International Research Center, both currently part of ANIL, will be retaine

Equinor and its Fram partners will invest more than NOK 21 billion in a new subsea development. The plan for development and operation was today submitted to the Minister of Energy, Terje Aasland. "Fram Sør will contribute to security of energy supply from the Norwegian continental shelf (NCS) to Europe. The development will put new oil and gas resources on stream by connecting new infrastructure to existing facilities that provide good and robust profitability. With the

Covestro has signed an agreement to acquire Pontacol, a Swiss manufacturer of multilayer adhesive films. With this acquisition, Covestro strategically expands its specialty films portfolio and further advances the implementation of its "Sustainable Future" corporate strategy. At the same time, the company continues to consistently expand its growth in sustainable and innovative business areas.  "The acquisition of Pontacol is strategically sound and financially a

Gradiant , a global leader in advanced water resources and resource recovery , has announced that its lithium business, alkaLi , will design, build, own and operate a commercial lithium production facility in Pennsylvania's Marcellus Shale formation that represents the world's first fully integrated, end-to-end process for the extraction, enrichment and conversion (EC²) of lithium from oilfield produced water. This announcement builds on the introduction of alkaLi's

Nexeo Plastics, a leading global distributor of thermoplastic resins, announced today that, effective June 18, 2025, its parent company GPD Companies, Inc. completed a successful refinancing of its Senior Notes, due 2026. Pursuant to the terms of the transaction, the Company launched an exchange offer transaction on May 16, 2025, which expired on June 16, 2025, whereby existing Noteholders were offered $175 million in cash to reduce the principal amount of the new Senior Secured Not

Symphony Environmental Technologies Plc global specialists in technologies that make plastic and rubber products “smarter, safer and sustainable", is pleased to announce that it has received approval as follows from the Office of Environmental Enforcement of the Environmental Protection Agency in the Republic of Ireland, a member-state of the European Union: