Press Releases

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

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

Clariant, a sustainability focused specialty chemical company, today announced the laureate of the National Catalysis Achievement Award at the 22nd National Congress on Catalysis of China (NCC 2025). Presented by the Catalysis Society of China, and sponsored by Clariant, the prestigious award recognizes Prof. Dr. Zhang Tao from Dalian Institute of Chemical Physics for his exceptional contributions to catalysis research. The ceremony took place during the congress opening at Xiamen Internation

INEOS has today announced a major £150 million investment to underpin the long-term future of its Grangemouth site in Scotland, one of the UK’s most important industrial assets and a critical hub for the nation’s manufacturing and energy sectors.  Supported by the UK Government, and facilitated by NatWest Group, the investment will upgrade key production units, improve energy efficiency, reduce emissions, and enhance the site’s competitiveness.

ICE Recycling announced today that the company has rebranded as Vaiire (pronounced Vair), marking an important step in its continued growth and evolution. After nearly twenty years of serving manufacturers, suppliers and logistics partners, the company has expanded far beyond its origins in traditional recycling. As capabilities grew to include advanced polymer solutions, material management and performance focused service offerings, leadership recognized the need for a name that fu

A well-known international group conducted rigorous worldwide evaluations on both domestic and international suppliers in the same industry. After comprehensive assessments of technological equipment's advancement, maturity, and stability, the group ultimately selected Niutech's "Next-Generation of Large-Scale Industrial Continuous Intelligent Waste Plastic Pyrolysis Technology and Complete Equipment Set". This decision led to the investment and construction of a high-end wa

Clariant, a sustainability-focused specialty chemical company, today announced the continued excellent performance of its high-efficiency CATOFIN catalyst and heat-generating material (HGM) at Ningxia Runfeng New Material Technology Co., Ltd.’s propane dehydrogenation (PDH) unit. Located in the Ningdong Energy and Chemical Industry Base in Yinchuan, Ningxia, the PDH plant has a design capacity of 300,000 tons of propylene per year. The unit adopts CATOFIN technology and Claria

Barentz, a leading global specialty ingredients solutions provider, is excited to announce an extended distribution partnership with Huntsman, a global manufacturer and marketer of differentiated and specialty chemicals. As a long-time distribution partner of Huntsman’s polyurethane product line, Barentz is thrilled to expand a distribution agreement to the Performance Products’ division of Huntsman and is now responsible for the JEFFCAT® line of catalysts across the U.S. and

Borealis is a proud partner of Project ELECTRO, a cutting-edge EU-funded initiative driving Europe toward a climate-neutral, circular plastics system. The project brings together top universities such as the University of Ghent, research institutes, and industry players to develop electrified, high-efficiency recycling technologies capable of turning low-quality waste into premium raw materials. Turning Low-Value Plastics into High-Value Building Blocks Pr