Press Releases

Covestro, a leading manufacturer of high-quality polymers, recently made significant progress towards its scope 1 climate neutrality goal for its Baytown, TX site. A newly commissioned project, known as NAUCI (Nitric Acid Unit Climate Initiative), reduces greenhouse gas emissions from the site's Nitric Acid Unit by up to 99%, which accounts for a 60% reduction in the site's overall scope 1 emissions. "Covestro is committed to our ambitious goals to be operationally clim

LyondellBasell today announced it has declared a dividend of $1.34 per share, to be paid to shareholders on March 17, 2025, with an ex-dividend and record date of March 10, 2025. About LyondellBasell: We are LyondellBasell – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlo

bp is carrying out a strategic review of its Castrol business with the intention of accelerating Castrol’s next phase of value delivery. Castrol is a leading and trusted global lubricants brand, marketing premium products in more than 150 countries and serving customers and consumers in the automotive, marine, industrial and energy sectors. Castrol has significant growth ambitions, including growing its core mobility businesses, expanding participation in industrial lubricants

Sekisui Specialty Chemicals is proud to announce that it has earned the International Sustainability and Carbon Certification (ISCC PLUS) for a broad suite of its Selvol™ Polyvinyl Alcohol (PVOH) homopolymers. This significant milestone underscores Sekisui's commitment to environmental stewardship and sustainable manufacturing practices, ensuring the global availability of more sustainable solutions for its customers. The ISCC PLUS certification is a globally recognized st

Sprayroq, a leader in the trenchless technology industry with over 30 years of trusted performance, is proud to announce the launch of its latest innovation: Polyurea AR-3400. This new polyurea product is engineered specifically for structures that demand high levels of corrosion resistance and flexibility. Polyurea AR-3400 represents a significant advancement in Sprayroq's product offerings, reinforcing their commitment to delivering solutions that extend the life and enhance t

Univar Solutions LLC, a leading global solutions provider to users of specialty ingredients and chemicals, today announced an expanded distribution partnership with BASF Corporation ("BASF"), securing the exclusive right to serve as a distributor of LuquaSorb® Superabsorbent Polymers (SAPs) in the United States and Canada in industrial applications. This collaboration expands the availability of high-performance, non-hazardous SAP technology for a wide range of industrial applic

Houston American Energy Corp. today announced that it has entered into a definitive agreement to acquire Abundia Global Impact Group, LLC (“AGIG”), a company specializing in converting waste into high value fuels and chemicals. The acquisition supports HUSA’s strategy to diversify its portfolio, expand its global footprint and execute its comprehensive strategy aimed at driving shareholder value through innovation in the renewable energy sector. The agreement is su

bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its existing onshore infrastructure as part of the West Nile Delta (WND) project. bp, the operator, holds an 82.75% stake in the project, while Harbour Energy owns the remaining 17.25%. The new wells are expected to produce approximately 220 billion cubic feet of gas and 7 million barrels of condensate. The project

The EuroPack Summit, an invitation-only premium forum for packaging excellence in the FMCG sector, will take place on March 20-21, 2025, at the Hôtel Martinez in Cannes, France. The summit will bring together leading packaging executives, innovative suppliers, and solution providers to address key industry challenges and market developments. The two-day event will focus on critical topics shaping the future of packaging, including: Material transformation for

 Prism Worldwide, a leader in innovative material solutions that is dedicated to advancing end-of-life tire recycling technology, and Sherwood Industries, a family-owned sheet extruder of thermoplastics, today announced a partnership to introduce Prism's sustainable thermoplastic elastomers (TPEs) into extruded TPE sheets. Extruded TPE rubber sheets are widely used across multiple industries, including automotive, where they serve as materials for bin mats, mud flaps, and wheel well

ChampionX Corporation announced today its Board of Directors has declared a regular quarterly dividend of $0.095 per share on the company’s common stock, par value $0.01 per share, to be paid on April 25, 2025 to shareholders of record on April 4, 2025. About ChampionX: ChampionX is a global leader in chemistry solutions, artificial lift systems, and highly engineered equipment and technologies that help companies drill for and produce oil and gas sa

Vertimass LLC's Chief Operating Officer John Hannon, Ph.D., has joined the board of directors for Advanced Biofuels USA, an educational nonprofit dedicated to the understanding, development and use of advanced biofuels in the U.S. and around the world. "Hannon's work with technology scale-up, licensing, business development, and intellectual property related to Vertimass' novel ethanol-to-fuels and chemical catalytic conversion technologies, his experience as a prin