Press Releases
11 December 2023
Plastics Recyclers Europe is an organisation that promotes the circularity of plastic and production of high-quality material from plastic waste, perfectly aligning with our No Waste sustainability strategy and ReCover recycling mission. With the launch of ReCover and the opening of two dedicated recycling facilities, we are already making waves in our No Waste sustainability journey, and joining Plastics Recyclers Europe allows us to partner with major players in the plastic recycl
Read more...8 December 2023
DuPont today announced that Coryor Surface Treatment Company Ltd. and Nippon Paint Taiwan have introduced a series of new offerings including printed Tedlar® PVF solutions and PVF coating in Taipei Building Show, the largest building materials exhibition in Taiwan. DuPont worked very closely with Coryor Surface Treatment Co. to launch the printed PVF film solutions featured at the show. This innovative PVF product made with Tedlar® is one of the Coryor's AAMALON® app
Read more...Tricon Energy announced the successful acquisition of Polymat and Q-Logistics, a Mexico-based logistics service provider and distribution leader of polymers, engineering plastics, and additives. This strategic move marks a significant milestone in Tricon's commitment to the Mexican market and enables the company to better serve customers across the Americas with efficient polymer distribution and logistics. The acquisition of Polymat aligns strategically with Tricon's focus
Read more...7 December 2023
The Supervisory Board of Borealis has appointed Craig Arnold (51) as the new Executive Vice President Polyolefins, Circular Economy Solutions and Innovation & Technology with effect from February 1, 2024. Craig Arnold is currently the Chief Commercial Officer at Ferroglobe PLC in Madrid, Spain. Prior to this appointment, he had a long-standing career at Dow Inc., where he held various senior management roles, including an Executive Secondment (from Dow Inc.) and Advisor to the C
Read more...7 December 2023
Trinseo a specialty material solutions provider, is helping advance the potential of sustainable plastics with the inauguration of its next generation, polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy. Scheduled to be commissioned in Q1 2024, this demonstration facility marks a pivotal step towards reshaping the plastics ecosystem as part of the circular economy. PMMA, renowned for its versatility in various applications, will be transformed through this advanced recycling
Read more...7 December 2023
LUKOIL's Telegram channel received award as the best in digital/social media category for its original ProRun online project, which included photo and video reports, broadcasts from marathons, guessing games, and giveaways. The jury praised the media coverage received by the livestreams of the semi-marathon that LUKOIL organized in Kogalym. Thanks to this new format, the subscribers could follow the run online and watch live commentary by Olympic champions and professional sportsmen.
Read more...PureCycle Technologies, Inc. has resumed pellet production at its flagship purification facility in Ironton, Ohio, following a scheduled pause to upgrade the plant. One of the most important improvements was the installation of an automatic screen changer on the final product extruder. The screen changer will help improve run times and enhance the production of PureCycle's PureFive™ Ultra-Pure Recycled ("UPR") resin. Over the Thanksgiving holiday, the Ironton mai
Read more...Arxada, a global, science-based leader in innovative specialty chemicals, is pleased to announce the appointment of Tafa Magaya as Senior Vice President (SVP) Growth, Strategy & Transformation. He will be based in the U.S., reporting directly to Arxada’s Chief Executive Officer (CEO), Sanjeev Rastogi. He will serve as a member of the company’s Executive Leadership Team. This newly created position reflects Arxada’s commitment to drive innovation, expand market
Read more...5 December 2023
Aiming to be a global leading Green Energy & Materials Company, SK Innovation and all affiliates are taking “Carbon to Green” strategies with innovative solutions that can bring clean energy to the world and build a sustainable world for our future. Through SKinno Tech Series, we will provide a comprehensive introduction from the basics of SK Innovation and affiliates’ businesses to in-depth explanations of our products and technologies, including those of our
Read more...HF Sinclair Corporation today announced the completion of the transactions contemplated by the previously announced Agreement and Plan of Merger, pursuant to which HF Sinclair acquired all of the outstanding common units (“HEP Common Units”) representing limited partner interests in Holly Energy Partners, L.P. (“HEP”) not already owned by HF Sinclair and its subsidiaries, for a combination of 0.3150 of a share of HF Sinclair common stock and $4.00 in cash, withou
Read more...4 December 2023
Samyang Corporation targets the global market with its eco-friendly and safety proven transparent flame-retardant polycarbonate material. Samyang Corporation (CEO Kang Ho-sung) announced on the 4th that its self-developed eco-friendly transparent flame-retardant polycarbonate was tested and found to be free of harmful per- and polyfluoroalkyl substances (PFAS). Per- and polyfluoroalkyl substances, artificial substances composed of carbon and fluorine, are widely used in el
Read more...CF Industries Holdings, Inc. today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments. The companies allocated approximately $425 million of the purchase price to a long-term ammonia offtake agreement under which CF Industries will su
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