Press Releases

KBR  announced today that its Purifier™ ammonia technology was selected by Wuhuan Engineering Co. Ltd. for the expansion of El Nasr Company for Intermediate Chemicals' (NCIC) fertilizer complex in Egypt. Under the terms of the contract, KBR will provide the technology license, proprietary engineering design and proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant. "We are pleased to be a part of this project and support El Nasr

Aramco, one of the world’s leading integrated energy and chemicals companies, today awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). This additional 1.5 bscfd of processing capacity is expected to contribute to the com

Avient Partners with Hager to Develop Waterproof Switches Using Ocean-bound PlasticAvient Corporation, a provider of specialized and sustainable materials solutions and services, announces a successful collaboration with its long-standing and valued customer, Hager Group. Avient supported Hager to incorporate 27% recycled ocean-bound plastic into its new cubyko leaf waterproof outdoor sockets and switches, providing its customers with a more eco-conscious option. This success was ac

PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd (PCCSS), recently signed a Joint Study Agreement (JSA) with  JERA Co., Inc (JERA), to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide (CO2) emitted by JERA in Japan, cross-border transportation, and CO2 storage in Malaysia. This agreement will strengthen the collaboration and contribute towards building a global network for cross

Borealis announced that it had signed an agreement to acquire a 100 % stake in Integra Plastics AD, an advanced mechanical recycling player based in Elin Pelin, Bulgaria, subject to inter alia customary regulatory approvals. Today, the companies announce the successful closing of the transaction. Integra Plastics AD operates a modern advanced mechanical recycling plant built in 2019 with state-of-the-art equipment and an annual output capacity of more than 20,000 tons. Integra Plast

ICIS, a global source of commodity intelligence, is proud to announce the launch of its latest pricing index for recycled polypropylene (R-PP) in Asia. This new service will support the industry's shift towards more sustainable and circular economy models, reinforcing ICIS' dedication to bringing transparency to circular plastics markets and providing customers with the tools needed to make well-informed decisions.  The service will track six spot pellets assessments fo

Ascend Performance Materials and PolySource, a leader in engineered plastic resin solutions, have entered into a North American distribution agreement that provides Ascend's full portfolio of engineered nylons to PolySource's broad customer base. PolySource now offers Ascend's Vydyne®, Starflam®, HiDura® and ReDefyne™ polyamide product lines designed for use in automotive, electrical and electronic, healthcare and consumer and industrial applications.

Mitsui Chemicals, Inc. has announced that new affiliate Mitsui Chemicals ICT Materia, Inc. (ICTM) is starting its business as of April 1, 2024. ICTM has been established as a film solutions company specializing in the ICT field. The company will supply film and sheet products required in the ICT industrial field, including semiconductor, electronic component, and photovoltaic panel manufacturing. In addition, ICTM will leverage the comprehensive strength of the Mitsui Chemicals Grou

Asahi Kasei Plastics North America Inc (APNA), manufacturer of Asaclean and a leading supplier of purging compounds for the plastics industry, has announced a new partnership with renowned plastics distributor, Polysource. This exclusive distribution agreement marks a significant milestone for both companies, promising enhanced accessibility and service for customers across the United States. Under this partnership, Polysource will serve as the distributor of Asaclean's premium

Specialty chemicals company LANXESS is presenting its extensive product portfolio for the polyurethane industry at UTECH Europe 2024. This includes novel, more sustainable and high performing polyurethane solutions and polyurethane additives such as flame retardants, modifiers, crosslinkers, plasticizers, catalysts and hydrolysis stabilizers. The trade fair will take place from April 23 to 25 in Maastricht, Netherlands, at the MECC congress and event center. Adiprene Green:

Borealis is pleased to announce that it has received Letters of No Objection (LNOs) from the US Food & Drug Administration (FDA) concerning the use of specific grades of its Borcycle™ M post-consumer recycled plastics (PCR) in food-grade packaging. This major achievement confirms Borealis’ position as a market leader in value-added solutions for the circular economy. Borcycle M is Borealis’ transformational mechanical recycling technology that gives post-consum

ANAKA Holdings Co., Ltd. announces that TANAKA Precious Metals will install a stationary pure hydrogen fuel cell system with a maximum generating capacity of 500 kilowatts (kW), one of the largest in private-sector use in Japan, at the Shonan Plant in Kanagawa Prefecture, a key recycling business site for TANAKA. It has decided to install an H2Rex™ pure hydrogen fuel cell system manufactured by Toshiba Energy Systems & Solutions Corporation to optimally control generating efficiency