Press Releases

Aramco, one of the world’s leading integrated energy and chemicals companies, today announced the completion of a $3 billion international sukuk issuance, comprised of two US dollar-denominated tranches.  The tranches are split as follows: $1.5 billion maturing in 2029, carrying a profit rate of 4.25% per annum; and $1.5 billion maturing in 2034, carrying a profit rate of 4.75% per annum. The issuance was pri

LG Chem announced on the 1st that its Platform Technology R&D team, under the CTO division, has developed a temperature-responsive Safety Reinforced Layer (SRL), a material designed to suppress thermal runaway. In collaboration with Professor Lee Minah’s team from the Department of Battery Science at POSTECH, the material was analyzed, while the safety verification was conducted in partnership with LG Energy Solution. The research findings were published online in the September edit

BASF scientists will bring their research and innovations in personal care at the 34th Congress of the International Federation of Societies of Cosmetic Chemists (IFSCC), dedicated to international cooperation in cosmetic science and technology. This year's event, organized by the Brazilian Association of Cosmetology (ABC), will be held in Foz do Iguaçu, Paraná, Brazil, from October 14th to 17th.  According to Fábio Cahen, Director of Personal Care at B

With today’s presentation of its corporate strategy, BASF is setting a new direction: “Our ambition is to be the preferred chemical company to enable our customers’ green transformation,” says Dr. Markus Kamieth, BASF’s Chairman of the Board of Executive Directors, during his keynote at the Capital Markets Day in Ludwigshafen: “The strong and broad portfolio of chemical businesses at our core is what makes BASF most relevant to customers globally, across a

The world’s first cross-border CO2 transport and storage facility is completed and ready to receive and store CO2. On 26 September the Norwegian Minister of Energy conducts the official opening of the Northern Lights CO2 transport and storage facility in Øygarden, near Bergen. The Northern Lights facility is a joint venture between Equinor, Shell and TotalEnergies. The completion of the Northern Lights facility marks an important milestone for the global devel

The Association of Plastic Recyclers recently launched the new and improved APR Design® Guide for Plastics Recyclability Digital Tool to commemorate its 30th anniversary. Widely recognized across the globe as the authority on plastics packaging design for recyclability, the APR Design® Guide helps companies measure each aspect of a package design against industry-accepted criteria to ensure that it is truly compatible with the recycling system. Introducing an enhance

LyondellBasell is proud to announce it has received the Stellantis 2024 Supplier of the Year Award - Raw Materials Category. The distinction recognizes the global collaboration between LyondellBasell (LYB) and Stellantis, creating sustainable solutions and being a reliable partner for the company’s circular economy initiatives. Stellantis is awarding its first-ever recognition in the raw materials category to LYB. “We are thrilled to receive this prestigious award from S

Braskem the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, and WEAV3D Inc., an advanced manufacturing and materials startup, today announced Braskem's and WEAV3D Inc.'s thermoplastic composite lattice technology, in partnership with the Clemson Composites Center at Clemson University, was selected Most Innovative Part by the Society for Plastics Engineers (SPE) Automotive Composites Confe

China Petroleum & Chemical Corporation co-hosted the 2024 Tsinghua University Forum on Carbon Neutral Economy with Tsinghua University in Beijing, China, renowned experts and scholars joined discussions centering on green energy, technology innovation, and mutually beneficial cooperation to explore the low-carbon transformation path and look into the prospects of green development. Ma Yongsheng, chairman of Sinopec, presented a keynote speech at the opening of the Forum tha

SABIC, a global leader in the chemical industry, will showcase its growing range of LNP ELCRES FST copolymer resins which can be used for large train interior applications at InnoTrans 2024, Booth 255 in Hall 5.1. This portfolio covers a range of compounds for potential use in extrusion, thermoforming, and injection molding.  LNP THERMOCOMP compounds well suited for use in 3D printing of large interior and exterior rail parts will also be featured. These specialty thermoplastic offerings

In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces the signing of a Heads of Agreement (HoA) with HD Hyundai Chemical for the delivery of 200,000 tons of LNG per year for 7 years starting from 2027. Thanks to this agreement, with prices indexed both to Brent and Henry Hub, TotalEnergies strengthens its long-term position in South Korea, the world’s third-largest LNG importing country. In Asia, LNG serves as a true transit

LyondellBasell is excited to announce its participation in Fakuma 2024. At LYB, we are dedicated to creating solutions for a better tomorrow. With a deep commitment to research and development, we continually push boundaries to develop pioneering products and technologies that meet the evolving demands of our customers and the world.  Sustainability is at the core of our efforts, with circularity as a key pillar. Through innovative recycling technologies and processes, we give