Press Releases

Chevron New Energies, a division of Chevron U.S.A. Inc., announced it is developing a 5-megawatt hydrogen production project in California’s Central Valley. The project aims to create lower carbon energy by utilizing solar power, land, and non-potable produced water from Chevron’s existing assets at the Lost Hills Oil Field in Kern County. This low carbon intensity (LCI) electrolytic hydrogen will be produced through electrolysis, which is the process of using electricit

Envalior’s Bond-Laminates will reveal their latest innovations across various application fields with a focus on the megatrends of new mobility and sustainability at JEC World 2024 in Paris. The featured applications underscore that the company’s product portfolio is an answer to the many challenges arising from current trends. Attendees visiting the booth will see innovative solutions for individualized product designs and product properties as well as enhanced safety resource co

Emmanuelle Maire, Head of Unit ‘Circular economy, Sustainable Production and Consumption’, DG Environment, European Commission is to be the keynote speaker at the Plastics Recycling Show Europe’s conference at RAI Amsterdam, the Netherlands from 19-20 June 2024. She will join Ton Emans, President of Plastics Recyclers Europe for the conference’s opening keynote session examining The way forward for plastic recycling in Europe. The comprehensive two-day progra

bioaqualife, a leading manufacturer of eco-friendly plastic film and tape alternatives, is proud to announce that its biodegradable shrink wrap film has achieved a Class A rating in the ASTM E84 Standard Test Method for Surface Burning Characteristics of Building Materials. This prestigious certification confirms that bioaqualife's shrink wrap film meets strict fire safety standards in several major industries. This breakthrough industrial-grade shrink-wrap film biodegrades by digestion o

Specialty chemicals company LANXESS is raising its prices for 1,6-hexanediol (HDO) worldwide by EUR 500 per metric ton with immediate effect. HDO is an important precursor for high performance coatings, fibers, adhesives, polyurethanes, polycarbonate diols, and reactive diluents for epoxy resins. LANXESS is a leading specialty chemicals company with sales of EUR 8.1 billion in 2022. The company currently has about 13,100 employees in 32 countries. The core business of LANX

Westlake Chemical Partners LP today provided an update on the expected availability of the Partnership’s 2023 Investor Tax Packages including Schedule K-1 for its common unitholders. Historically, the Partnership’s Investor Tax Packages have been available by the end of February for the preceding tax year; however, the timing of the availability of Partnership’s 2023 Investor Tax Packages is dependent upon actions of the U.S. Congress and the Biden administration w

2023 showed a heavy destabilisation of the European plastics sector[1]. Increasing imports of recycled plastics into the EU are creating an unbalanced market with serious environmental consequences. This, combined with the EU's declining competitiveness and the lack of a level playing field, is accelerating the EU's de-industrialisation. In this context, the Packaging and Packaging Waste Regulation (PPWR) is meant to enhance circularity by harmonising practices across EU Mem

Braskem, the largest polyolefins producer in the Americas as well as a market leader and pioneer producer of biopolymers on an industrial scale, recently hosted its 25th blood drive on Thursday, February 22nd at its production facility in Neal, West Virginia in partnership with the American Red Cross. This milestone reflects Braskem's commitment to making a positive impact and prioritizing the health and well-being of neighboring communities. Since 2014, Braskem and its Big Sand

Specialty chemicals company LANXESS is raising its prices for adipic acid globally with immediate effect. The increase amounts for EUR 250 per metric ton. The adjustment is due to the significant rise in raw material costs over the past months. LANXESS is a leading specialty chemicals company with sales of EUR 8.1 billion in 2022. The company currently has about 13,100 employees in 32 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical

Evonik is announcing a net price increase of up to 10% on MetAMINO® (DL-methionine 99%, feed grade) with immediate effect. All existing contracts and supply agreements will be honored. COMPANY INFORMATION Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €18.5 billion and an operating profit (adjusted EBITDA) of €2.49 billion in 2022. Evon

Increased availability and reliability for Asian market with new facility in Sayakha. Sweden-based specialty chemicals innovator Perstorp has built and commissioned a state-of-the-art, ISCC Plus certified, plant in western India to meet growing market demand for Penta chemicals. Located in Sayakha, Bharuch, in the state of Gujarat, the facility is officially inaugurated on Feb. 20. “This is the largest investment in Asia so far, in Perstorp’s history. It will f

This is the ONLY way to prevent plastic which has escaped into the environment from accumulating there for decades.  Alternatives like compostable plastic do not address the problem because they have to be collected and taken to a man-made composting facility, where they convert into CO2. With so many people now looking to live a more sustainable life, consumers are taking steps to help protect the environment. However, with new initiatives being introduced at a rapid rate, it