Press Releases

SOFHT shortlisted Polygiene based on the role our Freshness technologies play in food and hygiene workwear. Integrating a combination of Polygiene StayFresh™ and Polygiene OdorCrunch™ technologies into workwear empowers manufacturers, enabling them to create products that last longer and remain odor-free. Made for hygiene-critical environments Polygiene technologies excel in hygiene-critical environments where preventing the spread of bacteria and

As part of the global strengthening of its regional presence, Tosaf Group, one of the world’s largest manufacturers of masterbatches and additives for the plastics industry, has recently opened a production and service site in Löddeköpinge, Sweden. The aim of this latest expansion is to enhance the supply of colour masterbatches to the Scandinavian market. This is accompanied by an increase in the promptness and efficiency in the processing of orders and customer-specific proj

Trinseo’s Abidin Balan, has been invited to present at the Advanced Recycling Conference 2023, an event organized by the nova-Institute. Balan will also be one of the panelists on the session dedicated to the topic of dissolution-based recycling. The Advanced Recycling Conference 2023 is a hybrid event scheduled to be held in Cologne, Germany. Popular topics in the field of chemical and advanced recycling will be discussed by international experts. The event is not-to-be-missed as it co

The Polyplastics Group, a leading global supplier of engineering thermoplastics, has introduced an approach of using its less heat-resistant plastics products for EV cooling components. Polyplastics sees strong potential for less heat-resistant plastics such as polyoxymethylene (POM) and polypropylene (PP) for production of EV cooling components. To learn more about the Polyplastics approach for EV cooling components, please visit: https://www.polyplastics-global.com/en/approach/24.

SK On, a leading electric vehicle battery manufacturer, announced today it has signed a battery cell supply agreement with the Swedish EV maker Polestar, securing another long-term growth engine in the global battery market. Under the agreement, SK On will supply battery cells to Polestar for its flagship EV 4-door coupe, Polestar 5 from 2025. With production planned to start in 2025, Polestar 5 is a luxurious four-door GT (Grand Tourer) model from the all-electric Swedish

The Automotive, Electrical/Electronics and Appliances sectors are Radici Plastics Mexico’s three main target markets. The company, which is part of the RadiciGroup High Performance Polymers global production network, has been operating in the country since 2015 and is a partner to many major local customers, as well as to American, European and Chinese businesses who have localised production in Mexico. Radici Plastics Mexico will be attending Plastimagen (Stand 761), the lead

Cheniere Energy, Inc. announced today that Cheniere’s subsidiary, Cheniere Marketing, LLC  has entered into a long-term liquefied natural gas (“LNG”) sale and purchase agreement (“SPA”) with Foran Energy Group Co. Ltd. (“Foran”). Under the SPA, Foran has agreed to purchase approximately 0.9 million tonnes per annum (“mtpa”) of LNG for 20 years from Cheniere Marketing on a free-on-board (“FOB”) basis for a purchas

Speed Plastics, a specialist in high frequency welding, will be at MEDICA 2023 to showcase the range of engineering and OEM services they offer healthcare companies, including their recent investment in Europe’s largest high frequency welding machine. Over the last year the engineering company has invested nearly £1m in state-of-the-art machinery, including a bespoke 100 kilowatt Zemat Mega Welding Machine created especially Speed Plastics. The one-of-a-kind sy

Exxon Mobil Corporation today announced it has closed its acquisition of Denbury Inc. in an all-stock transaction valued at $4.9 billion, or $89.45 per share, based on ExxonMobil’s closing price on July 12, 2023. Under the terms of the agreement, Denbury shareholders will receive 0.84 shares of ExxonMobil for each Denbury share. “This transaction is a major step forward in the profitable growth of our Low Carbon Solutions business,” Chairman and CEO Darren Woods said.

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Haldia Petrochemicals Ltd. (HPL) will license its olefins conversion technology (OCT) and the Lummus/Versalis cumene and phenol technologies for a new plant in West Bengal, India. Once HPL’s plant is complete, it will be India’s largest cumene and phenol plant and the nation’s first on-purpose propylene plant. The milestone will also help HPL become India&rsquo

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the launch of its latest heat exchanger technology, the Helixchanger® 2.0 system. The update improves upon the original system which has more than 20 years of service and 7,000 installations worldwide. “The industry standard is the Helixchanger system, and we are raising the bar even higher in terms of performance and reliability,” said Rutger Theunissen, Chief B

Cortec® Corporation has been awarded a US patent for its commercially compostable industrial strength stretch film technology, also known as Eco Wrap® film! This patent is a significant milestone in Cortec’s ongoing quest to develop environmentally responsible products and distinguishes Cortec® as a leader in “green” packaging technology! Eco Wrap® is a specialty wrapping film that meets the EN 13432/ASTM D6400 standards for commercial composting an