Press Releases

Asahi Kasei received a 2024 TSMC Excellent Performance Award for its Pimel™ photosensitive Polyimide material, in recognition of its “Excellent Technology Collaboration and Production Support in Advanced Packaging” at the 2024 Supply Chain Management Forum held by Taiwan Semiconductor Manufacturing Co., Ltd. on December 2, 2024. TSMC presents the Excellent Performance Award to suppliers that have made remarkable contributions to its technology leadership and manufa

Celanese Corporation  a global chemical and specialty materials company, today announced that Scott Richardson, currently Celanese’s Chief Operating Officer, has been appointed Chief Executive Officer and will join the Company’s Board of Directors, effective January 1, 2025. Richardson will succeed Lori Ryerkerk, who is stepping down as Chairman, CEO and director of Celanese at the end of the year. Celanese has elected Edward Galante, an independent director on Celanese&rsquo

The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2024 interim dividend, which was announced on October 31, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by November 29, 2024 will be entitled to a divid

Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to USD 2 billion. After more than 30 years as a business partner in Azerbaijan and Nigeria, transactions leading to Equinor exiting the countries have now been closed on 29 November and 6 December respectively. “With these exits we realise value and execute on our strategy to focus the international portfolio, and in combination with r

Cabot Corporation has been named a recipient of the CLEPA Innovation Award 2024 as a Top Innovator in the Green category for its REPLASBLAK® universal circular black masterbatches powered by EVOLVE® Sustainable Solutions. Organized by CLEPA, the European Association of Automotive Suppliers, the CLEPA Innovation Awards celebrates groundbreaking innovations that are driving the green and digital transition in Europe. Cabot’s new REPLASBLAK® reUN5285 and REPLASBLAK® reUN529

LyondellBasell today announced that Yvonne van der Laan, executive vice president of circular and low carbon solutions (CLCS), has been awarded the prestigious Winthrop-Sears medal by The Chemists' Club. The accolade was presented during the annual Egg Nog Gala held in New York City on Dec. 5. Established in 1970, the Winthrop-Sears medal recognizes individuals whose entrepreneurial achievements have contributed to the vitality of the chemical industry and the betterment of humanity.

Borealis proudly announced the winners of the Borealis Scientific Innovation Award 2024 (BSIA) at the Borealis Innovation Day in Linz, Austria. As a global industry leader, Borealis is rewarding pioneering ideas since 2008 with the Borealis Scientific Innovation Award, celebrating groundbreaking innovations with the potential to significantly impact the world. This year’s focus was on new solutions for the environmentally sustainable production and use of plastics, underscorin

During December 3rd - 5th, CHINACOAT2024 was successfully held in Guangzhou. As one of the leading suppliers of raw materials and solutions in the coating industry, Wanhua Chemical shared  how to coat a better life for humanity with sustainability. Coating the Origin of the Future Superior raw materials empower downstream coating products. We possess a complete special amine - special isocyanate industrial chain, including aromatic amines, aliphatic amines, polyether

The fifth session of the INC-5 on Plastic Pollution took place in Busan, South Korea, where Hunan Vary Tech Co., Ltd. from China showcased its plastic pollution control technologies at a side event. The company also signed a cooperation deal with a South Korean recycling firm to tackle plastic pollution globally. Vary Tech has specialized in solid waste recycling for 20 years, utilizing pyrolysis technology to transform waste plastics into valuable resources like oil, gas, and carbo

The Board of Directors of Eastman Chemical Company has declared an increase in the quarterly cash dividend from $0.81 to $0.83 per share on its common stock. The dividend is payable Jan. 8, 2025, to stockholders of record as of Dec. 16, 2024.    “We are proud to continue our strong tradition of returning value to our stockholders by increasing our dividend for the 15th year in a row,” stated Willie McLain, executive vice president and chief financial officer. &

Jiangsu Sailboat Petrochemical started commercial operation of a new carbonates plant in Lianyungang, Jiangsu Province, the People's Republic of China, in November 2024. The plant uses technology licensed from Asahi Kasei for the production of high-purity ethylene carbonate (EC) and dimethyl carbonate (DMC) with carbon dioxide (CO2) as a main raw material. Both carbonates are used as electrolyte solvents in lithium-ion batteries for electric vehicles. In the early 2000s, Asahi K

TotalEnergies announces the signing of an agreement with Swiss asset manager Partners Group for the acquisition of VSB Group, a Germany based renewable energy project developer for a consideration of 1,57 B€ (equity value and shareholder loan). On another side in line with its Integrated Power business model, TotalEnergies has signed an agreement with funds managed by Apollo (NYSE: APO) for the sale of 50% of a portfolio of 2 GW solar and battery energy storage systems (BESS) projects lo