Press Releases

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors. MidOcean Energy is currently in the process of acquiring interests in four Australian LNG projects, with a growth strategy to cre

Solvay has announced that its polyphenylene sulfide (PPS) production at Borger, Texas, and its Ryton® PPS ECHO compounding at Kallo-Beveren, Belgium, have obtained independent mass balance (MB1) certification under the widely recognized International Sustainability and Carbon Certification PLUS (ISCC PLUS2) scheme of accreditation. These products offer the same technical qualities as comparable virgin PPS resins, which el

Prismane Consulting is thrilled to introduce the seventh iteration of its report on the "Global Polyacetal Resins Market - 2023." This all-encompassing study delves deep into the worldwide Polyacetal Resins market, with particular emphasis on key countries and their varying demands across distinct applications. The study encompasses a range of Polyacetal applications, including automotive (interior, exterior, under-the- bonnet), Electrical & Electronics (Micro Gears, o

Ecovative announced today that it is opening access to a major European patent to all individuals and businesses who wish to use its MycoComposite™ mycelium materials in their own innovations and businesses in Europe. The company’s renewable material offers a nontoxic, planet-friendly alternative to plastics and other fossil fuel-derived materials. Ecovative’s MycoComposite invention enables the manufacturing of products that are free of forever chem

Huntsman Corporation today launched its Technology Portal, a platform dedicated to engaging with innovators and manufacturers across the value chain. The cross-divisional initiative aims to facilitate and foster external collaborations, connecting minds and expertise from diverse sectors with Huntsman to unlock potential business opportunities.  "Collaboration is a key element of our innovation process at Huntsman," said Dr. David Hatrick, Vice President of Strat

LANXESS, one of the world’s largest suppliers of antimicrobial protection products, and Tennants GmbH from Bielefeld, Germany, have agreed on a strategic cooperation for integrated solutions in the field of industrial plant hygiene. In doing so, the partners will combine the specialty chemicals group’s biocide portfolio and the company’s adenosine triphosphate (ATP) technology. ATP technology can be used to quickly and reliably detect a possible contamination with microorgan

Formulators can now manufacture environmentally acceptable lubricants (EALs) and streamline their EU Ecolabel certification process with OQ Chemicals’ lubricant base oil, Oxlube L7-NPG. Recently added to the Lubricant Substance Classification List (LuSC), this product aligns with stringent EU Ecolabel criteria. Oxlube L7-NPG, a low viscosity ester, is aptly suited for cooling and lubricating, including applications such as metal working and lubricants compliant with the Vessel General P

Brenntag [ISIN DE000A1DAHH0], the leader in chemicals and ingredients distribution, today announced an agreement to acquire Colony Gums, Inc., a US-based manufacturer of stabilizer blends and a blending services provider. The acquisition is expected to complement and expand Brenntag’s product portfolio and services in Life Sciences, primarily in Nutrition. Michael Friede, CEO of Brenntag Specialties, commented: “Colony Gums will complement our existing business and enabl

On the sideline of the Chemical Recycling Europe Forum 2023, Pyrowave is proud to introduce its revolutionary Nanopurification Technology. Applied to plastic waste, this technology operates at the molecular level to remove contaminants from polymers with perfect control on purified resins. It specifically addresses a challenge faced by most plastic waste recyclers including advanced recycling: the presence of contaminants in plastic waste and in pyrolysis oil. In a world grappling w

LANXESS, one of the world’s largest suppliers of antimicrobial protection products, and Tennants GmbH from Bielefeld, Germany, have agreed on a strategic cooperation for integrated solutions in the field of industrial plant hygiene. In doing so, the partners will combine the specialty chemicals group’s biocide portfolio and the company’s adenosine triphosphate (ATP) technology. ATP technology can be used to quickly and reliably detect a possible contamination with microorgan

TotalEnergies and Adani Green Energy Limited (AGEL) have entered into a binding agreement to create a new JV, equally owned by TotalEnergies and AGEL, with a 1,050 MWac (1400 MWp) portfolio. This portfolio will comprise of a mix of already operational (300 MWac), under construction (500 MWac) & under development assets (250 MWac) with a blend of both solar & wind power. AGEL will contribute to the JV the assets and TotalEnergies an equity investment of 300 MUS$ which will further supp

The "Polymethyl Methacrylate Market by Form, Grade, End Use, and Region 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global polymethyl methacrylate (PMMA) market, which achieved a market size of US$5.10 billion in 2022, is poised for significant growth, with expectations to reach US$7.03 billion by 2028. This projected expansion reflects a robust Compound Annual Growth Rate