Press Releases

Linde announced today it has signed a long-term agreement with H2 Green Steel for the supply of industrial gases to the world’s first large-scale green steel production plant. Linde will invest approximately $150 million to build, own and operate an on-site air separation unit (ASU) in Boden, northern Sweden. Linde will supply oxygen, nitrogen and argon to H2 Green Steel’s integrated plant, which will use the latest technology to reduce carbon emissions by up to 95% comp

The Board of Directors of Eastman Chemical Company  has declared a quarterly cash dividend of $0.81 per share on the company's common stock. The dividend is payable July 9, 2024, to stockholders of record as of June 17, 2024. Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced it has been awarded a contract by Haldia Petrochemicals Ltd. (HPL) for digitalization services at HPL's ethylene plant in West Bengal, India. "For more than two decades, we have collaborated with HPL and provided them with best-in-class process technologies," said Ujjal Mukherjee, Chief Technology Officer, Lummus Technology. "This latest award showcases our in

Dow announced today that it has signed an agreement to sell its flexible packaging laminating adhesives business, within Dow's Packaging & Specialty Plastics segment, to Arkema, a leader in specialty materials. This transaction enables the Company to further increase its focus on core, high-value downstream businesses. The proceeds of this transaction will support Dow's capital allocation priorities, including accelerating our growth strategies and delivering long-term s

Origin Materials the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and PackSys Global AG (“PackSys Global”), the leading packaging machine producer for plastic closure slitting machines, announced a strategic cooperation to produce the world’s first PET cap and closure manufacturing system. “Our high-throughput production system is the first of its kind, designed to do s

According to the UN, today only 15% of the Sustainable Development Goal targets are on track. In September 2023, UPM joined the UN Global Compact Forward Faster initiative to accelerate this pace. To demonstrate its commitment to the Climate Action initiative and help its customers reduce the carbon footprint of their packaging materials and drive action, UPM Raflatac is proud to announce the launch of its Carbon Action Plastic Labels portfolio. From 30th April 2024, the first produ

RPP Containers®, a leading manufacturer and stocking distributor of reusable bulk containers, has developed the next generation of 45" x 48" x 50" Collapsible Hopper Bottom Containers for the DuraGreen® line of premium products that promote environmental sustainability™. Dan Jakubiak, General Manager at RPP Containers, said, "The Product Development engineers and designers at RPP are excited to introduce the next generation of 45" x 48" x

Clariant, a sustainability-focused specialty chemicals company, is excited to bring the company’s latest innovations to customers at the American Coatings Show 2024. Expert representatives will be spotlighting a variety of innovations to improve performance and reduce environmental footprints through bio-based ingredients, as well as opportunities for collaboration with Clariant specialists. “Clariant is committed to helping the industry transition away from fossil carbo

DOMO Chemicals, a global leader in engineered technical materials, proudly inaugurates its newest plant in Haiyan, Jiaxing, Zhejiang, China. This significant milestone reinforces DOMO's determination to meet rising demand in the Chinese market for its TECHNYL polyamide-based intelligent solutions. The €14 million (RMB 100 million) investment represents a potential doubling of DOMO's commitment to the Chinese market, with the new plant capable of increasing the current c

The complete resource circulation system presented by SK chemicals at the international exhibition has garnered praise from industry officials and clients. SK chemicals announced on the 26th that it successfully concluded its participation in ChinaPlas 2024, held at the Shanghai Hongqiao National Exhibition and Convention Center in China from the 24th to the 26th. During this period, SK chemicals unveiled a new concept of a complete resource circulation system encompassing

SABIC, a global leader in diversified chemicals, yesterday unveiled its "COLLABORATE TO GROW, INNOVATE TO WIN" booth at CHINAPLAS 2024 in Shanghai. Occupying the largest booth at CHINAPLAS this year, the SABIC exhibition features a series of products debut in China that address the pressing market trends of renewable energy, circular economy, better life quality and electrification, and will further deepen SABIC’s collaboration with the industry value chain. In recen

In June, SUPCON (688777) is poised to launch two groundbreaking products in Singapore: the world's first UCS (Universal Control System) and TPT (Time-Series Pre-trained Transformer), the first time-series model in the process industry. UCS, a revolutionary innovation from SUPCON, is set to revolutionize the 50-year-old DCS architecture, promising to eliminate traditional control cabinets. TPT, as the pioneering time-series model in the process industry, will replace nu