Press Releases

Clariant, a sustainability-focused specialty chemical company, today announced that the Board of Directors of Clariant AG has nominated Ben van Beurden as a candidate for the position of Chairman and as a member of the Board of Directors. The nomination follows a thorough selection process conducted by the Board's Nomination Committee. Shareholders will vote on this nomination at the regular Annual General Meeting scheduled for 1 April 2025. If elected, Ben van Beurden would succeed G&uum

Air Liquide and Cementir Holding Group, through its fully owned subsidiary Aalborg Portland, have launched a joint decarbonization project, named ACCSION. Located in Aalborg, Denmark, ACCSION will be one of the first full onshore Carbon Capture and Storage (CCS) value chains in Europe. Aiming at significantly reducing CO2 emissions of the Aalborg Portland cement plant, the completion of the project would allow the avoidance of 1.5 million tons of CO2 emissions per year of operation.

Nexam Chemical has received its first production order for additives designed for the industrial-scale processing of rPET from a new customer. This milestone represents years of dedicated work to develop and refine our solutions, ultimately gaining the necessary technical approval from the customer. The order is the first on an industrial scale from a leading global player in the circular food packaging industry, who views Nexam Chemical as a trusted partner in advancing sustainable

Eni and KKR have signed an agreement under which KKR will take a 25% stake in Enilive’s share capital, for a total agreed consideration of €2.938 billion. The transaction will be funded through: 1) the subscription of a capital increase in Enilive reserved to KKR amounting to €500 million; 2) the purchase of Enilive’s shares from Eni for a value of €2.438 billion, corresponding to a post-money valuation of € 11.75 billion of Equity Value for 100% of Enilive'

Davidson Kempner Capital Management LP a global investment management firm, has completed the restructuring of more than $1 billion of debt in the JBF Group ("JBF"), a business with industrial plants in the United Arab Emirates ("UAE"), Belgium and Bahrain, which manufactures and supplies high-quality polyester resins and films used in the packaging industry. The transaction is believed to be the first significant debt-for-equity transaction of this kind exe

DuPont today announced it will showcase its extensive range of advanced circuit materials and solutions at the Taiwan Printed Circuit Association (TPCA) Show, held at the Taipei Nangang Exhibition Center from October 23-25, 2024. DuPont will be located at Booth #K409, presenting holistic solutions for fine line applications, advanced packaging, signal integrity, and thermal management. DuPont is proud to collaborate with industry leaders for the session titled "Shaping Our Futu

FlowGuard® Gold CPVC is launching the Speed Test Challenge Sweepstakes1, encouraging plumbers2 to watch the Speed Test Challenge video for a chance to win $3,500. The video provides a side-by-side comparison of installation speeds for plastic plumbing systems and reveals which is faster to install: PEX or CPVC. From Oct. 8 – Nov. 4, 2024, individuals can participate for the chance to win a $3,500 Lowe’s Home Improvement e-gift card, with an additional six social medi

BASF’s Personal Care business is launching a new synthetic peptide for skin care applications. Inspired by the natural regenerative process of the skin, Pepsensyal™ (INCI: Mannitol (and) Acetyl sh-Tetrapeptide-1 (and) Lauroyl sh-Tetrapeptide-1) has been clinically proven to reduce and delay the first visible signs of aging. The new ingredient is a response to the slow-aging trend, which reflects a shift in consumer attitudes: Rather than fighting the natural aging process, consume

Grove Collaborative Holdings, Inc. a leading sustainable consumer products company, Certified B Corporation, and Public Benefit Corporation announced the launch of a new partnership pilot with hotel management company Crescent Hotels & Resorts. The two brands are working together to develop a Beyond Plastic™ Stay at a number of properties across the U.S., meeting the needs of eco-conscious travelers who are looking to reduce the environmental impact of their business and person

The communities and partners of Plastic Bank are celebrating a milestone that many thought was impossible—over 50,000 collection members have hand-gathered more than 140 million kilograms of plastic waste from the environment. That’s over 7 billion plastic bottles—enough to fill 3,354 football fields—kept out of our oceans and landfills. But here’s the uncomfortable truth: we’re still drowning in plastic. This isn’t just a celebration; it’s a wa

SABIC has recently displayed a wide range of advanced materials, creative concepts and commercial applications in EVs and energy storage. The company spotlights solutions well suited for electric vehicle batteries, chargers, inverters, busbars and converters. SABIC is emphasizing its sustainable polymers and specialty thermoplastics, which can help address critical fire safety concerns and expand the environmental benefits of EVs. SABIC, a global leader in the chemicals in

Westlake Corporation today announced that Westlake Global Compounds businesses and operating sites outside of the U.S. - Westlake Compounds Holdings, S.A.S. - have been awarded the esteemed EcoVadis Silver Medal, reflecting the company’s commitment to improved environmental sustainability and corporate social responsibility. This accolade places these Westlake Global Compounds sites among the top 15% of companies assessed by EcoVadis globally over the past year. EcoVadis is the world&rs