Press Releases

LyondellBasell, the world’s leading licensor of polyolefin technologies, announced that the Amur Gas Chemical Complex project, being implemented by SIBUR Holding PJSC, the largest integrated petrochemicals company in Russia, has selected LyondellBasell’s Spheripol technology for a new facility. The process technology will be used for a 400 KTA polypropylene unit to be built in Svobodny, Amur region, Russia. “We are honored that SIBUR has again opted to ut

Lightwave Logic, Inc., a technology platform company leveraging its proprietary electro-optic polymers to transmit data at higher speeds with less power, announced that it has developed a new sealant for its future Chip-on-Board (COB) packaged polymer platform. The sealant, which blocks oxygen and other atmospheric gases, is a key step in the company's development towards a polymer modulator without a package, an important enabling technology for the industry. The company plans

LyondellBasell, one of the largest plastics, chemicals and refining companies in the world,  announced the launch of Beon3D, an innovative product family which allows for the unprecedented design and production of complex, high quality 3D printed objects in one step. Beon3D achieves this by combining polymer technologies with additive manufacturing. This new polypropylene (PP) product range aims at advancing the adoption of additive manufacturing in markets such as transportation, indust

Braskem, the largest polyolefins producer in the Americas and a leading producer of biopolymers in the world, has joined forces with the University of Illinois Chicago (UIC) to develop a new route for producing ethylene, a raw material used to make thermoplastic resins. This route will use capture and utilization technology to remove CO2 emissions of existing industrial processes that would otherwise be released into the atmosphere. Carbon dioxide is a greenhouse gas and is considered the lar

S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced the launch of a new daily recycled high density polyethylene (HDPE) film pellets spot price assessment, to meet growing demand for pricing information in the recycled plastic markets in Southeast Asia. The introduction of this Free-On-Board (FOB) Southeast Asia assessment follows the launch of recycled polyethylene terephthalate (R-PET)

Within the frame of a new investment project, R&P POLYPLASTIC– a Russian plastics producer – and KraussMaffei have recently concluded a contract for the delivery of two ZE 80 x 42D BluePower twin-screw extruders to extend the company's production capacity. Due to travel restrictions caused by the COVID-19 pandemic, both parties conducted the entire contract negotiations online remotely and signed the contract at the end of October. This contract further strengthens the lon

LyondellBasell one of the world's largest plastics, chemicals and refining companies today announced it has joined the United Nations (U.N.) Global Compact, the world's largest corporate sustainability initiative. Under the U.N. Global Compact, signatories are encouraged to align their operations and strategies with key principles on human rights, labor and anti-corruption. "At LyondellBasell, we have a culture of accomplishing goals through what we call 'the power

Continental Structural Plastics (CSP), along with its parent company Teijin, unveiled an innovative honeycomb Class A panel technology and an advanced, multi-material EV battery enclosure that can be molded in any number of CSP’s proprietary composite formulations. These component technologies were developed at the company’s new Advanced Technologies Center located on Harmon Road in Auburn Hills, Michigan. This Advanced Technologies Center is CSP’s second R&D facility in

Stratasys Ltd. announced today it signed an agreement to acquire 3D printing start-up Origin Inc. in a transaction for total consideration of up to $100 million, including cash and stock. The merger enables Stratasys to expand its leadership through innovation in the fast-growing mass production parts segment with a next-generation photopolymer platform. Subject to various approvals and other closing conditions, the acquisition is expected to close in January 2021. Stratasys expects

Celanese Corporation, a global chemical and specialty materials company, and Mitsubishi Gas Chemical Company, Inc. (MGC; Head Office: Chiyoda-ku, Tokyo; President: Masashi Fujii), today announced the signing of a memorandum of understanding (MOU) confirming their intent to restructure Korea Engineering Plastics Co. (KEP), a joint venture owned 50% by Celanese, 40% by MGC and 10% by Mitsubishi Corporation. Under the terms of the MOU, KEP would focus on manufacturing, developing, prod

The Recycling Partnership today announced nearly $2 million in catalytic grants to advance polypropylene recycling in the U.S. through its Polypropylene Recycling Coalition, a cross-industry collaboration that launched just four months ago with founding steering committee members Keurig Dr Pepper, Braskem, and the Walmart Foundation and other members of the polypropylene value chain. In its initial round of funding, The Recycling Partnership's (The Partnership) Polypropylene Rec

LyondellBasell one of the world's largest plastics, chemicals and refining companies and SUEZ, a world leader in environmental services, today jointly announced the acquisition of TIVACO, a plastics recycling company located in Blandain, Belgium. The company will become part of Quality Circular Polymers (QCP), the companies' existing 50/50 plastics recycling joint venture. With this transaction, QCP will increase its production capacity for recycled materials to approximately 55,000 t