Press Releases

DuPont has been recognized with two 2024 Sustainability Awards from the Business Intelligence Group Sustainability Product of the Year for the first ion exchange resin supporting the production of green hydrogen from water and Sustainability Initiative of the Year for a novel formulation supporting post-etch cleans in semiconductor production.  “At DuPont, sustainability and innovation are intrinsically linked both woven into our commitment to help our customers solve som

Lyten, the supermaterial applications company and global leader in Lithium-Sulfur battery technology, and AEVEX Aerospace, a US leader in airborne intelligence solutions, today announced they have established a partnership to demonstrate, manufacture and deliver unmanned air vehicles (UAVs) powered by Lithium-Sulfur batteries. The partnership’s goal is to deliver lighter-weight and longer-range UAVs that are also the first to be fully compliant with the 2024 National Defense Authorizati

Huntsman Corporation is pleased to announce that Jan Buberl has been appointed President of the Performance Products Division effective August 1, 2024. Upon announcing Jan's appointment, Huntsman Chairman, President and CEO Peter Huntsman stated: "I am excited for Jan to assume leadership of our Performance Products Division and join the Huntsman executive leadership team. He brings to the role deep global experience and a track record of success at Huntsman and previous co

Company delivers strong performance as key milestones advance long-term growth strategy Net income: $29.1 billion (Q2) / $56.3 billion (H1) Cash flow from operating activities: $31.1 billion (Q2) / $64.7 billion (H1) Free cash flow1: $19.0 billion (Q2) / $41.7 billion (H1) Gearing ratio1: -0.5% as at June 30, 2024 compared to -6.3% at December 31, 2023 Q2 2024 base dividend of $20.3 billion and performance-linked dividend distribut

Avangrid, Inc. a leading sustainable energy company and member of the Iberdrola Group, has announced it has once again been included in the global FTSE4Good Index Series, which measures the performance of companies demonstrating strong sustainability practices. This is Avangrid’s seventh consecutive year as a member of the Index and Iberdrola has been ranked on it since 2009. “I am pleased with Avangrid’s inclusion in the FTSE4Good Index for the seventh year i

Chemical Concepts, a leading supplier of adhesives, specialty chemicals, and related products, is thrilled to announce the appointment of Andrew Morris as the company’s new Chief Executive Officer, effective August 1, 2024. In his new role, Andrew will guide the company into a new era of national expansion, focusing on innovation, geographic growth, and operational excellence. His energy, passion, and visionary leadership will play a vital role in the company’s strategic

Chevron Corporation today announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes. Headquarters Relocation The company’s headquarters will move from San Ramon, California, to Houston, Texas. Chevron Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will move to Houston before the end of 2024 to co-locate with other senior leaders and enable better colla

SABIC was the exclusive sponsor of the 2024 International Chemistry Olympiad, which was being hosted by Saudi Arabia for the first time – the first Arab country to do so. The 56th Olympiad, which was overseen by the Ministry of Education in partnership with the King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba) and King Saud University closed at the King Saud University in Riyadh on July 29. The closing ceremony was patronized by Yousef Al-Ben

Poste Italiane's ground and air fleet will run on biofuels supplied by Enilive, Eni's company dedicated to mobility services and products. This will accelerate Poste Italiane’s progress towards achieving its energy transition and carbon neutrality goals set for 2030. Giuseppe Lasco, General Manager of Poste Italiane, and Giuseppe Ricci, Energy Evolution Chief Operating Officer at Eni, have signed a Letter of Intent to start a collaboration based on the supply of biofuels produce

The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP has declared a distribution of $0.4714 per unit. This is the 40th quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on August 27, 2024, to unit holders of record on August 12, 2024. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees sho

Formosa Plastics Corporation, U.S.A. is thrilled to announce a major expansion of our PVC plant in Baton Rouge, Louisiana. This substantial investment will significantly boost our facility’s capacity, allowing us to better meet the growing demands of our customers. The enhancement will enable us to handle larger production volumes and manage peak demand periods more efficiently. This development is a testament to our commitment to delivering superior service and products, high

SLB  today announced the award of an integrated engineering, procurement, construction and installation contract by bp to its OneSubsea™ joint venture and Subsea7 for the Murlach development  240 kilometers east of Aberdeen in the UK North Sea. The Murlach project will include the first-ever implementation of SLB OneSubsea standard, configurable vertical monobore tree systems in the UK North Sea, which will be deployed by Subsea7 via vessel to reduce rig days.