Press Releases

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 protec

The Surface Treatment global business unit of BASF’s Coatings division, operating under the Chemetall brand, has switched its electricity supply for its production site Blackman Township in Jackson County, Michigan, USA, to 100% renewable electricity*. The energy provided by the partner BASF Renewable Energy is generated by a subset of renewable resources, including solar and wind, resulting in an approximate reduction of 950 tons of CO2 emissions** in 2025. The partnership wi

Oil and Natural Gas Corporation Limited (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field. ONGC will retain ownership and operational control of the field. Under the terms of the contract, bp will receive a fixed fee for a period of two years for its deployed personnel, followed by a service fee linked to incremental oil and gas production. bp w

Air Products will highlight how its industrial gases, such as hydrogen, can help the power industry generate a cleaner future and reach its decarbonization goals at POWERGEN International, at the Kay Bailey Hutchison Convention Center in Dallas, Texas. With more than 80 years of industrial gas experience, and as the world’s largest supplier of hydrogen, Air Products has the expertise needed to be a decarbonization partner to the power generation industry as it works to transit

Allied Energy Corporation proudly announces a transformative Natural Gas Purchase and Sale Agreement with River Energy Group, LLC and Louis Energy Gas Texas, Inc. This collaboration positions Allied Energy at the forefront of both the energy and digital economies, helping to power the next generation of cryptocurrency data centers while embracing sustainable and efficient natural gas usage. With exclusive rights granted to Louis Energy Gas Texas, Inc. to purchase natural gas from th

Dow has declared a dividend of 70 cents per share, payable March 14, 2025, to shareholders of record on February 28, 2025. This marks the 454th consecutive dividend paid by the Company or its affiliates since 1912. About Dow Dow (NYSE: DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration

Kraton Corporation and Formosa Petrochemical Corporation are pleased to announce the ISCC PLUS certification of their HSBC Joint Venture plant in Mailiao, Taiwan. As the inventor of styrenic block copolymers (SBC), Kraton remains committed to delivering innovation and sustainable solutions for customers worldwide. Kraton's Mailiao certification expands its portfolio of certified SBC manufacturing sites beyond Europe and North America into Asia. The Taiwan facility can now produc

Univar Solutions LLC announced it has acquired UK-based Brad-Chem Holdings and its affiliated entities, which includes the acquisition of Brad-Kem, the joint venture co-owned by Brad-Chem and its partner, DEM, based in Belgium. Brad-Chem, a leader in corrosion control products and lubricant additives, will enhance Univar Solutions' existing Ingredients & Specialties business and help accelerate its ability to meet growing customer demand for the distribution and blending of specialty

Waters Corporation today announced the launch of the TA Instruments™ ElectroForce™ Apex 1 Mechanical Testing Instrument, specially designed for increased versatility, speed, and ease of use to support precise tensile and fatigue testing of high performance and lightweight polymers and composites. "As an additive manufacturing company, we build 3D-printed polymer parts that are increasingly being used in highly demanding applications where strength and durability are

Better Battery Co. is revolutionizing the battery industry as the first battery brand with sustainability at the forefront. In addition to their existing sustainability initiatives, BBCo. offers completely plastic-free packaging across all products. Through thoughtful packaging design, without the use of plastic, BBCo. is setting a new benchmark for sustainability in the industry while providing consumers with high-performance, sustainability focused energy solutions. Unlike some tr

Shell has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility (Shell 50%, operator; NEO Energy 50%). The previous export route for this field was via the Brent Charlie platform, which ceased production in 2021 and is being decommissioned. Peak production is estimated at around 45,000 barrels of oil equivalent per day (boe/d) and currently has an estimated discovered recoverable resource volume of a

LyondellBasell (LYB), a leader in the global chemical industry, announced today the signing of two significant power purchase agreements (PPAs) in Europe, further supporting its commitment to reduce greenhouse gas emissions. The PPAs offer LYB long-term price certainty, which helps stabilize energy costs and make renewable energy more attractive compared to fluctuating fossil fuel prices. “Adding these long-term agreements to our portfolio supports price stability to increase