Press Releases

Borealis announces that two of its key sites in Belgium, Kallo and Antwerp, have been certified by Operation Clean Sweep®, an international initiative aimed at preventing pellet loss. After extensive third-party audits according to the Operation Clean Sweep® Standard in December 2023, both locations achieved the Operation Clean Sweep® Certificate, a unified and equitable certification scheme for pellet handlers across the entire value chain. This recognition comes after contributi

PPG a global leader in paints, coatings, and specialty materials, today announced that it has engaged Morgan Stanley & Co. LLC as financial advisor to assist in a review of strategic alternatives for its silica products business. PPG’s silica products business, which operates within the company’s specialty coatings and materials strategic business unit, manufactures and supplies precipitated silica products to major manufacturers around the world as performance-enhan

Toray Industries, Inc. announced today that it has developed TORAYCA™ M46X carbon fiber. The new offering is around 20% stronger than others in the TORAYCA™ MX series while maintaining a high tensile modulus. Utilizing TORAYCA™ M46X reduces the weight of carbon fiber-reinforced plastic materials, lowering its environmental impact. Typically, there is a trade-off between the tensile modulus and strength of carbon fiber. Boosting the strength while maintaining the mo

PSC Group, a leading embedded logistics service provider offering rail, truck, and marine logistics, railcar repair, and sustainability services to the petrochemical, refining and marine industries across North America, announced today that it has acquired Bayport Rail Terminal ("BRT"), a 115 acre rail, truck, and container terminal that provides critical last mile logistics infrastructure and services to the chemical industry on the Bayport Loop and the Port of Houston, from the US

Shrieve Chemical Company, a portfolio company of Gemspring Capital and a leading, value-added chemicals distributor, today announced that it has acquired TLC Ingredients ("TLC"), a distributor of food ingredients, industrial chemicals, and phenolic resins based in Crest Hill, Illinois. Terms of the transaction were not disclosed. Founded in 2001, TLC has built a reputation as a premier distributor, distinguished by a dedication to operational excellence, food safety, and r

ArabPlast, the premier trade fair for the plastics, recycling, petrochemical, packaging & rubber industry, unfolded its grandeur on the 13th of December 2023. The three-day spectacle not only celebrated the latest advancements, and innovations, but also delved into sustainable solutions, positioning itself as a pivotal player in shaping the future of the global plastics, petrochemical and allied industries. The inauguration ceremony on the 13th was graced by the esteemed presence of His H

The city of Youngstown, Ohio, has adopted a one-year moratorium on pyrolysis or gasification or combustion of tires, chipped tires, plastics, and electronic waste in the city of Youngstown, Ohio. The city council voted unanimously on December 20, 2023; Mayor Jamael Tito Brown signed the bill on December 26, 2023; and it went into effect immediately on December 26, 2023. The new local law establishes a moratorium on the construction and operation of any facility that converts —

Align Technology, Inc.a leading global medical device company that designs, manufactures, and sells the Invisalign® system of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that it has completed the acquisition of privately-held Cubicure GmbH, a pioneer in direct 3D printing solutions for polymer additive manufacturing that develops, produces, and distributes innovative materials, equi

Further to the award of the project for a nitric acid and ammonium nitrate plant by KIMA, Egyptian Chemical Industries Company, announced on 9 June 2023, MAIRE (MAIRE.MI) informs that Tecnimont (Integrated E&C Solutions BU) has received the advance payment and the authorization to start the engineering works, while the notice to proceed with the full Engineering Procurement and Construction (EPC) activities is expected by the end of June 2024. The EPC contract was awarded to a T

Petrobras, following up on the releases published on 06/06/2023 and 06/23/2023, informs that today it signed a contract with Unigel Participações S.A. (Unigel) for industrialization on order (tolling) for the production of fertilizers at the Sergipe and Bahia plants. The agreement is the result of the partnership between Petrobras and Unigel disclosed on 06/06/2023 (non-disclosure agreement) and is in line with the company's Strategic Plan 2024-2028+ (SP 2024-28+)

Effective on November 1, 2023, Nexeo Plastics has become the preferred distributor of Americhem's full range of Engineered Compounds in North America, encompassing Canada, Mexico, Puerto Rico, and the United States. This strategic move underscores Nexeo Plastics' commitment to delivering top-tier materials, services, and solutions to customers throughout North America. Nexeo Plastics CEO, Paul Tayler, expressed his enthusiasm for this agreement, stating, "We are thrille

Essar Oil and Gas Exploration and Production Ltd, one of the largest E&P companies in India and a leader in unconventional hydrocarbon space, today announced the signing of Memorandum of Understanding (MoU) with the Indian Institute of Technology Bombay (IIT Bombay). The collaboration aims to jointly spearhead research and development initiatives focused on indigenous advancements in various cutting-edge CBM (Coal Bed Methane) technologies. Coal Bed Methane (CBM) has the potenti