Press Releases

Eni, through its satellite company Azule Energy - a 50:50 joint venture with bp and the operator of the New Gas Consortium (“NGC”) – inaugurated the NGC Gas Treatment Plant in Soyo, northern Angola. The ceremony was attended by the President of the Republic of Angola, João Gonçalves Lourenço, alongside the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, and the Chairman of the Board of Angola’s National Oil and Gas Agency (ANP

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, has completed the previously announced agreement and increased its stake in the OML 118 Production Sharing Contract (OML 118 PSC) from 55% to 65%. Following our final investment decision on Bonga North last year, this acquisition represents another significant investment in Nigeria deep-water, and is part of Shell’s strategy to further invest in competitive existing assets that contribute to

Covestro AG and XRG P.J.S.C. (formerly ADNOC International Limited, together with its subsidiaries in the following “XRG”) received the final outstanding regulatory approval from the German Federal Ministry for Economic Affairs and Energy under foreign investment rules for their strategic partnership. Thereby, all closing conditions of the transaction are fulfilled. The closing is expected to take place in the coming days. With this milestone, Covestro and XRG will embark on their

Launched in 2024, NEOVYN™ is now available from nearly all of INEOS Inovyn’s production sites using access to renewable energy sources, including hydroelectric power from Norway, electricity from North Sea wind turbines in Antwerp and solar energy in Jemeppe. As a result, it provides a significantly reduced carbon footprint that is 37% lower than the European industry average for suspension PVC, reduced to 1.3 kg CO2 per kg PVC. The NEOVYN™ range is certi

Clariant, a sustainability-focused specialty chemical company, today announced that it received two awards at the 2025 Gulf Energy Information Excellence Awards. The company won “Best Catalyst Technology” for its chromium-free HySat catalyst platform for hydrogenation processes and shared the “Best Petrochemical Technology” prize with its partner Linde for their jointly developed EDHOX Technology. Moreover, Clariant was selected as a finalist for its StyroMax UL-100 ca

BASF today announced the expansion of its Alkyl Polyglucosides (APGs) footprint in Asia with a new plant at the Bangpakong site in Thailand. The enhancement is a strategic response to strengthen its position in a growth geography and serve customers with greater agility and more flexibility from a robust regional network. “This investment reinforces our commitment to being a reliable partner for customers across personal care, home care, and industrial sectors”, said Mar

BASF Coatings has successfully commissioned a state-of-the-art production plant for automotive OEM coatings at its Muenster site in Germany. The new facility is designed to produce high-runner products, namely colors that currently represent the majority of market demand, and ensure consistent product quality and enhanced production efficiency. The investment marks a strategic milestone for BASF Coatings, reinforcing its long-term competitiveness in the high-volume coatings segment.

The QSTTM substrate*1, a 300-mm GaN growth substrate that Shin-Etsu Chemical Co., Ltd. (Head Office: Tokyo; President: Yasuhiko Saitoh; hereinafter, “Shin-Etsu Chemical”) developed, has been adopted for the 300-mm GaN power device development program at IMEC*2, where sample evaluation is in progress. In the evaluation, the 5 µm-thick HEMT*3 device using a QSTTM substrate achieved a record-breaking voltage resistance exceeding 650 V for a 300mm substrate. Shin-Etsu

Avantium N.V., a leader in renewable and circular polymer materials, is pleased to announce the signing of a capacity reservation agreement for its plant-based, recyclable polymer PEF (polyethylene furanoate), branded as releaf®, with Logoplaste Consultores Técnicos, SA. (“Logoplaste”), a global packaging manufacturer. Logoplaste and Avantium are collaborating as strategic partners within the Bottle Collective, a consortium dedicated to developing recyclable fiber-based

Clariant, a sustainability-focused specialty chemical company, today announced that it has signed a 10-year agreement with SECCO Petrochemicals to provide CLARITY Prime digital services. The new customer will use the AI-powered catalyst performance monitoring platform to enhance production efficiency at its 900-KTA ethylene plant in Shanghai, Jinshan District. CLARITY Prime was previously only available to customers of Clariant’s ammonia, methanol, and hydrogen catalysts. The service wa

LyondellBasell (LYB), a global leader in the chemical industry, and Nippon Paint China, a leading paint manufacturer and service provider, have jointly launched their first collaboration to help close the loop for coating packaging barrels. The announcement was made at the China International Import Expo (CIIE) in November. The innovative closed-loop recycling system establishes a process in which used barrels are mechanically recycled. Through Nippon Paint’s Refresh Service,

Clariant, a sustainability-focused specialty chemical company, today announced its collaboration in Repsol’s pioneering methanol plant in El Morell near Tarragona, Spain. The Ecoplanta project will be the first of its kind in Europe to convert municipal waste into renewable methanol. The facility will operate using Enerkem’s advanced waste gasification process, supported by a range of Clariant’s syngas purification catalysts and its highly active MegaMax methanol synthesis c