Press Releases

Polymer Factory has been granted the SpheriCal patent in several European countries. The patent, valid for 20 years, is titled “Functionalized calibrants for spectrometry and chromatography” and was filed on May 29, 2018. The granted patent covers the following countries: United Kingdom, Austria, Belgium, Bulgaria, Germany, Denmark, Estonia, Finland, France, Italy, Latvia, Luxembourg, Lithuania, Malta, the Netherlands, Portugal, Romania, Sweden, and Slovenia. &

Westlake Corporation today announced an advance in the company’s sustainability objectives to further reduce its carbon emissions intensity by 20% by 2030, from a 2016 baseline, which is one of the company’s sustainability goals. Westlake recently entered into an agreement with a solar renewable-energy three-farm project that generates approximately 160,000 megawatt-hours per year of renewable energy and purchased the associated renewable energy certificates (RECs).

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.  Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion standard cubic feet of raw gas and 75 billion Sto

Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, today announces a growth capital injection in Re-mall (Shanghai Re-mall Environmental Protection New Material Co., Ltd.), the China-based recycler of post-consumer packaging waste, which uses a proprietary technique and process to produce transparent recycled polypropylene (“rPP”) for use in new products. The plastic recycling industry faces numerous challenges, which Re-mall is working to o

Eastman today announced a formal strategic partnership with Huafon Chemical to establish a joint facility to produce cellulose acetate yarn. The facility will be dedicated to localized production and product innovation of Eastman Naia™ cellulose acetate filament yarns in China. “China is the world’s largest textile supply chain hub and a frontier for product and technology innovation,” said Ruth Farrell, general manager of Eastman’s Textiles business. &

Celanese Corporation, a global chemical and specialty materials company, today announced that it has entered into a new credit agreement (“Agreement”) effective August 11, 2025 which includes a new $1.75 billion senior unsecured revolving credit facility, replacing the Company’s previous revolving credit facility of the same size which was set to mature in March of 2027. The new revolving credit facility matures in August of 2030. “This Agreement demonstrates

The Surface Treatment global business unit of BASF’s Coatings division, operating under the Chemetall brand, has been selected to supply innovative PET recycling washing solutions for Circular Plastics Company’s new plastic recycling plant in Vung Tau, Vietnam. Chemetall will provide a range of novel technologies tailored for Circular Plastics Company’s facilities, which recycle post-consumer PET plastics into food-grade products in Myanmar and Vietnam. They includ

Air Products today announced that Megan Britt is appointed vice president, Investor Relations effective August 11, 2025. Britt succeeds Eric Guter who is leaving the Company to pursue other opportunities.   Britt brings nearly 25 years of experience, most recently serving as vice president, Investor Relations at Archer-Daniels Midland (ADM) since 2022. Prior to ADM, Britt led the Investor Relations functions at Tyson Foods, Inc. and Corteva Agriscience. Before that, she he

SEKISUI CHEMICAL CO., LTD. announces that in response to the increasingly stringent global regulation of perfluoroalkyl and polyfluoroalkyl substances (PFAS) and the need to reduce environmental impact, its Urban Infrastructure & Environmental Products Company (President: Yoshiyuki Hirai) is developing a PFAS-free piping material technology for ultrapure water processes used in advanced semiconductor manufacturing. Having achieved significant progress in the development of this technology

Rubadue Wire, a U.S.-based manufacturer of high-performance wire and cable solutions, today announced the expansion of its Litz wire product line to include new tape-wrapped configurations using PET (polyester) and PI (polyimide) insulation. The addition enhances Rubadue's growing portfolio of high-frequency winding wire solutions and addresses customer demand for flexible, space-saving, and PFAS-free insulation options. Learn more: https://rubadue.com/catalog/tape-wrapped-litz-

At a time when the circular economy and sustainability are setting the roadmap for the plastics sector, AIMPLAS, the Plastics Technology Centre, is leading an innovative research project, DECONWASTE, focused on improving the recycling of plastic packaging and enabling its safe reuse in food contact applications. The project aims to research and develop new methods for cleaning and decontaminating recycled plastics, specifically polyolefins—a type of material widely used in pac

JERA and bp have completed the formation of JERA Nex bp, their new 50:50-owned joint venture (JV). JERA Nex bp is a global offshore wind developer, owner and operator. The new company’s portfolio of operating assets and development projects has a net potential generating capacity of 13GW. This includes around 1GW of installed net generating capacity, a 7.5GW development pipeline and an additional 4.5GW of secured leases. JERA Nex bp will initially focus on discipline