Press Releases
Clariant Adsorbents Brazil has been named the recipient of the Strive 35 – Sustainability Award by ADM, a global leader in innovative solutions from nature. Clariant was one of six suppliers honored across distinct categories, recognized for its alignment with ADM’s Corporate Social Responsibility goals and commitment to sustainable operational practices. Selected from approximately 40,000 global suppliers and 500 strategic partners, Clariant was recognized for deliverin
Read more...Fifteen years ago, Eesti Energia - Estonia’s leading energy company - faced a challenge. The decades-old steel cooling water pipes at Narva Power Plants had deteriorated, causing leaks and efficiency losses. To ensure long-term reliability, they needed a modern, high-performance replacement. Their pipe manufacturer Krah Pipes OÜ, a specialist in large-diameter thermoplastic pipes, selected high-density polyethylene (HDPE) spiral-wound pipes made from Borealis BorSafe&trad
Read more...13 May 2025
Specialty chemicals company LANXESS presented its comprehensive portfolio of flavor and fragrance applications at XXVI FAFAI International Convention & Expo on March 6 and 7 in New Delhi. The Flavors & Fragrances (F&F) business unit showcased its finest aroma chemicals range in Hall 2, booth no: F3-2. At the exhibition, LANXESS displayed its new grades of Kalama® benzyl benzoate, including the Ultrapure Scopeblue® variant, which is ISCC PLUS certified and offers
Read more...The Board of Directors of Westlake Corporation today declared a regular dividend distribution of $0.525 per share for the first quarter of 2025. This dividend will be payable on June 5, 2025 to stockholders of record on May 20, 2025. Westlake announced its first dividend on November 11, 2004 and has successively been paying and increasing its dividend for the past 20 years. The statements in this release that are not historical facts, including statements regarding fu
Read more...LyondellBasell (LYB), a global leader in the chemical industry, is excited to announce the addition of a new high-performance LLDPE tie-layer to the Plexar portfolio, Plexar PX3990, that excels in film orientation applications. This innovative tie-layer represents an additional high-performance solution in the LYB comprehensive tie-layer product line. Plexar PX3990 exhibits outstanding processability and adhesion after machine direction orientation (MDO) and further promotes the sus
Read more...8 May 2025
LyondellBasell, a leader in the global chemical industry, has been honored with the prestigious "Innovation Star Award" by Yanfeng Plastic Omnium (YFPO), China's leading automotive exterior tier-one supplier. The recognition celebrates the successful innovation and commercialization of a comprehensive series of body panel solutions that enhance vehicle performance while advancing sustainability goals for premium OEMs. "This award reflects our team's dedication
Read more...Kraton Corporation, a leading global producer of specialty polymers and high-value biobased products derived from pine chemicals, today announced a strategic realignment of its operations to sharpen its focus on core capabilities and accelerate long-term growth. As part of this initiative, the company will exit its Dover, Ohio manufacturing site and transition away from the Dimer and Polyamides business lines. "Our strategy is clear: focus where we have the greatest impact and
Read more...The Chemours Company, a global chemistry company, announced a strategic agreement with Navin Fluorine International Limited (Navin Fluorine) (NSE: NAVINFLUOR) to manufacture its Opteon™ two-phase immersion cooling fluid. The collaboration is part of Chemours' expanded Liquid Cooling Venture, established to address the growing heat, energy, and water demands of advanced data centers and AI hardware. The partnership with Navin Fluorine marks an important step toward commercialization,
Read more...6 May 2025
The report 'Polyimide Films & Tapes Market by Application (Flexible Printed Circuits, Specialty Fabricated Products, Pressure-Sensitive Tapes, Motors/Generators, Wires & Cables), End-Use Industry (Electronics, Automotive), and Region – Global Forecast To 2030', polyimide films & tapes market was valued at USD 1.38 billion in 2024 and is projected to reach USD 2.31 billion by 2030, at a CAGR of 9.0% from 2025 to 2030. Flexible solar panels, flexible solar displays, an
Read more...2 May 2025
The Board of Directors of Eastman Chemical Company (NYSE:EMN) has declared a quarterly cash dividend of $0.83 per share on the company's common stock. The dividend is payable July 8, 2025, to stockholders of record as of June 13, 2025. Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with custome
Read more...Under the patronage of His Excellency Eng. Salim bin Nasser Al Aufi, Minister of Energy & Minerals of the Sultanate of Oman, Patrick Pouyanné, Chairman and CEO of TotalEnergies, and Ahmed Al Azkawi, OQ Exploration and Production CEO, celebrated the ground-breaking of the Marsa LNG plant, in the port of Sohar, northern Oman, one year after the Final Investment Decision. The 1 million ton per year (Mt/y) liquefaction plant is being built by Marsa LNG LLC, a joint company be
Read more...30 April 2025
Celanese Corporation, a global specialty materials and chemical company, and Li Auto, a leader in China’s new energy vehicle market, announced a joint initiative to launch an innovative ultra-low emission material, Hostaform® POM XAP3, in May. This advanced material is designed to significantly reduce vehicle cabin emissions in new cars and is being commercialized in cabin components of Li Auto’s upcoming vehicle models. With 90% lower formaldehyde emissions than the current m
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