Press Releases
13 November 2024
The Philadelphia Eagles and Braskem, the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, have enhanced their partnership with the launch of their new STEM education program, Tackling STEM, for the 2024-2025 academic school year. Tackling STEM is an education program that delivers free digital and hands-on interactive STEM (science, technology, engineering, and math) education opportunities to stud
Read more...13 November 2024
The Oil & Gas Decarbonization Charter (OGDC) published on November 11, its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies - representing almost 45% of the global oil production, that have signed up to the Charter’s ambitions. These ambitions include to work toward net-zero operations by 2050, near-zero upstream methane emissions and zero routine flaring by 2030 in addition to measurin
Read more...Inmotive announced today that it is entering a strategic partnership agreement with Bando Chemical Industries, Ltd., a Tier 1 automotive supplier in Japan. Under the agreement, the two companies will collaborate to accelerate the adoption of Inmotive's Ingear 2-speed transmission in the two- and three-wheel vehicle market. Bando Chemical Industries is a global supplier of power transmission belts and conveyor belts, with significant experience providing transmission belts for tw
Read more...The recent addition of the PCS 1.2 and PCS 2.2, Peabody now offers a total of five sizes of pump containment enclosures to meet a variety of operational needs. These sizes are available with or without covers and can include an optional divider (at an additional charge), that allows for separate chemical containment, minimizing the risk of cross-contamination. "We are excited to add these two new sizes to our PCS containment enclosure portfolio. The entire line includes new fea
Read more...11 November 2024
Sumitomo Chemical Co., Ltd. is pleased to announce that it has acquired shares of PeptiStar Inc. (“PeptiStar”) in a private placement. The investment has been completed. Through this capital alliance, Sumitomo Chemical will work to further enhance its capacity to ensure a stable supply of high-purity long-chain guide RNA (gRNA) *1, while integrating Sumitomo Chemical’s and PeptiStar’s technologies to meet diversifying customer needs. PeptiStar was founded in
Read more...HydroGraph Clean Power Inc.a leader in sustainable commercial manufacturer of graphene, today announced a technological advancement which hopes to revolutionize across various sectors. As the global polyethylene terephthalate (PET) packaging industry faces unprecedented regulatory pressure to reduce virgin plastic consumption, HydroGraph discovers that its Fractal Graphene powder (FGA-1) dramatically improves the performance and sustainability of PET bottles. "These p
Read more...8 November 2024
Clariant is expanding its storage capacity in Scandinavia for the use of recycled mono propylene glycol (MPG), used in its aircraft deicing fluids. Two new storage tanks and a truck unloading station have been installed at the company’s Uddevalla facility in Sweden to increase capacity and optimize handling of the product. In 2023, the Clariant facility began using significant amounts of recycled MPG for Type I deicing products, offering customers high-performance products wit
Read more...Aramco, one of the world’s leading integrated energy and chemicals companies, has been recognized on the global stage for its innovative deployment of digital technology to enhance the lives of its employees. The company’s digital engagement platform, myCommunity, was named the winner of the Innovation Award during the World Smart City Awards 2024, an annual event that recognizes pioneering projects, ideas and strategies intended to make cities around the world mor
Read more...7 November 2024
Halten East is an ongoing offshore development located in the Kristin-Åsgård area in the Norwegian Sea. The development comprises six gas discoveries and three prospects, which will utilise existing infrastructure and processing capacity at Åsgård B. The recoverable reserves in Halten East are estimated to be around 100 million barrels of oil equivalents, of which approximately 60% is gas that will be exported to Europe via Kårstø. &ldq
Read more...7 November 2024
Steven Larkin was just beginning his career when he experienced something unforgettable. That experience? Helping discover the oil and gas potential of an offshore field, now called Tahiti, in the U.S. Gulf of Mexico. This feat remains a professional highlight, 26 years later. “I had a mentor who said to me, ‘I want you to understand that this doesn’t happen very often, and it may never happen again in your career,’” recalled Larkin, who was a
Read more...Sinopec Star Co., Ltd., a clean energy subsidiary of China Petroleum & Chemical Corporation has received the grid access permit for its medium and deep geothermal power generation pilot project (the "Project") in Xianyang, Shaanxi Province, which is officially connected to the grid to produce power. The Project, which is now connected to the grid and generating power, marks Sinopec's first foray into geothermal electricity production and represents China'
Read more...6 November 2024
Huntsman Corporation announced today that its Board of Directors has declared a $0.25 per share cash dividend on its common stock. The dividend is payable on December 31, 2024, to stockholders of record as of December 13, 2024. About Huntsman: Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2023 revenues of approximately $6 billion. Our chemical products number in the thousands and a
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