Press Releases

Artificial intelligence will take centre stage at the Plastics Recycling Show Europe exhibition and conference at RAI Amsterdam on 5-6 May 2026. A dedicated AI Innovation Hub will showcase the latest AI-driven solutions in plastics recycling in an immersive experience, guiding visitors across the full value chain from feedstock and product design to collection, processing and material sourcing. Live demonstrations will include swarm-robot sorting technology from Antfarm and a phone-based AI m

Nexam Chemical has signed a distribution agreement with Palmer Holland, a leading specialty chemical distributor with a strong presence in North America. Under the agreement, Palmer Holland will represent Nexam Chemical’s product portfolio across key strategic segments, strengthening the company’s commercial position in one of its most important growth markets. Palmer Holland brings extensive experience in technically advanced materials and serves well-established custom

Avantium N.V., a leader in renewable and circular polymer materials, has entered into a capacity reservation agreement with Packamama, the UK- and Australia-based innovator in sustainable wine packaging. Through this collaboration, Packamama will secure future volumes of Avantium’s plant-based and recyclable polymer PEF (polyethylene furanoate), branded as releaf®, from licensed plants using Avantium’s proprietary YXY® Technology for the production of releaf®. By combi

At the presence of the Minister of Natural Resources of the Republic of Mozambique Estevão Pale and Eni’s Chief Operating Officer Global Natural Resources, Guido Brusco, Eni and its partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG announced today in Geoje, South Korea, the hull launch of the Coral North FLNG, fully in line with the project schedule. Coral North will be the second state-of-the-art floating LNG facility to be deployed in the Rovuma Basin wa

Arkema is pleased to announce that its new Rilsan® Clear transparent polyamide production unit, located on its Singapore platform, is now fully operational. This milestone strengthens Arkema’s leadership in high-performance polymers, giving the Group the largest transparent polyamides production capacity in Asia. This successful start-up represents a major step forward for Arkema, as the new unit triples the Group’s global production capacity of Rilsan® Clear tra

Mitsubishi Chemical Corporation announces that its plant-derived bioengineering plastic “DURABIO™” has been adopted for the AI speaker components in the new “Teana” that was launched in China by Dongfeng Nissan Passenger Vehicle Company* in November 2025.  DURABIO™ is a bioengineering plastic primarily made from plant-derived isosorbide. Compared to conventional polycarbonate resins, it features higher transparency and superior optical proper

The Saudi Basic Industries Corporation (SABIC) today announced the signing of two strategic transactions to divest its European Petrochemicals (EP) business to AEQUITA and its Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES, for a total combined enterprise value of $950 million. These transactions represent significant steps in the advancement of SABIC’s strategy and constitute a core component of its broader portfolio optimization program. The

Corteva Inc. today announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops – including canola, mustard and sunflower – for use in the production of biofuels like sustainable (or synthetic) aviation fuel (SAF) and renewable diesel (RD). Etlas will harness both Corteva’s century-long expertise in seed technology to develop crops ideally suited to produce SAF and RD as well as bp’s expertise in refining and marketing fuel for the comm

Artificial intelligence (AI) contributed to value creation and savings for Equinor and its partners amounting to USD 130 million in 2025. AI is now utilized on offshore platforms and land facilities to solve industrial tasks on a large scale in a safe, efficient, and profitable manner. To achieve Equinor's ambition for the Norwegian continental shelf by 2035, and to contribute to energy security and continued value creation, AI is crucial. “AI is a central part o

Westlake Corporation announced today that it has completed the acquisition of the global compounding solutions businesses of the ACI/Perplastic Group (collectively, “ACI”). Headquartered in Portugal, ACI is a global manufacturer of specialty materials, primarily serving the wire and cable sectors. “The integration of ACI with Westlake’s compounding operations represents a strong strategic alignment, offering significant opportunities to further strengthen our

Huntsman Corporation announced that Amy Smedley has joined the company as Executive Vice President, General Counsel & Secretary effective Jan. 5, 2026. Ms. Smedley will succeed Huntsman's current General Counsel, David Stryker, who is retiring. Ms. Smedley has extensive experience in litigation, compliance, and corporate governance. Most recently, she has served as Executive Vice President and Chief Legal Officer at Savage Companies since 2022. Prior to joining Sav

Arkema announces the proposed divestment to the Indian group Praana of some of its businesses in impact modifiers and processing aids, additives used in the manufacture of PVC profiles, pipes and packaging as well as engineering plastics. With this project, the Group continues to refocus its portfolio on its strategic activities. This proposed divestment concerns Arkema's impact modifiers and processing aids businesses, and covers the global scope for Methyl Methacrylate Butadie