Press Releases

Empire Wind 1 will power 500,000 New York homes and is expected to reach its commercial operation date in 2027. The expected total capital investments, including fees for the use of the South Brooklyn Marine Terminal (SBMT), are approximately USD 5 billion including the effect of expected future tax credits (ITCs). Equinor acquired the Empire Wind lease area in 2017. In June 2024, Equinor announced the execution of the Purchase and Sale Agreement (PSA) with the New York St

Today, in response to the issuance of final rules regarding the Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit, CNX Resources Corporation (NYSE: CNX) released the following statement:  "The Department of Treasury's recognition of captured waste coal mine methane (CMM) as a feedstock for hydrogen production is validation of its inherent environmental and economic benefits and an important step in continuing to monetize the value of this unique

Emirates Biotech, a leading innovator in the biopolymers industry, will be participating in ArabPlast 2025, one of the largest international exhibitions for the plastics, petrochemicals, rubber, and plastic packaging industries in the Middle East. The company will be showcasing its innovative and sustainable solutions at Stand S2F04 in Dubai World Trade Centre from 7-9 January 2025. At ArabPlast, Emirates Biotech will highlight the versatility of PLA (polylactic acid) biopolymers, w

Elessent Clean Technologies proudly announces a significant milestone in its rich history: 2025 marks the 100th anniversary of MECS® sulfuric acid catalyst products. Since 1925, sulfur burning, metallurgical, spent acid, and wet gas sulfuric acid plants around the globe have relied on MECS® catalysts to reliably convert sulfur dioxide (SO2) to sulfur trioxide (SO2) in nearly every type of converter. Our 100-year history is a testament to the enduring trust our customers have

China Petroleum & Chemical Corporation has officially released the first sustainability report, Sustainability Report on Serving the Construction of the Belt and Road - Sinopec in Algeria, on December 27 in Algiers. This is the first sustainability report published by a Chinese company in Algeria, detailing Sinopec's achievement in fulfilling economic, safety, environmental, and social responsibilities in the region and advancing the vision of New Algeria. Algeria is the lar

The Canada Plastics Pact (CPP) is pleased to welcome Hilton Foods, Magnomer, and Multy to its expanding network of Partners in Q4 of 2024.  Hilton Foods Hilton Foods operates in 10 countries worldwide, supplying retail and foodservice partners across 19 markets. Their products reach over 160 million consumers across more than 20 markets and continually seek new ways of offering a range of healthier and more sustainable products. Magn

Niigata Machinery Co., Ltd. announced it will transition Sales and Service of the Niigata Injection Molding Machines to Absolute Haitian Corporation based in Moncks Corner, South Carolina and with offices in Parma, Ohio and Worcester, Massachusetts effective March 1, 2025. This strategic move enhances product diversity, strengthens customer support, and aligns with the construction of state-of-the-art facilities in Japan to unify operations and innovation. Haitian Internat

SEKISUI CHEMICAL CO., LTD. (President and Representative Director: Keita Kato; hereinafter, “SEKISUI CHEMICAL”) has been included in the Dow Jones Sustainability Indices (DJSI) World Index for 13 consecutive years. The DJSI are indices which its constituent stocks are selected by S&P Dow Jones Index, a major financial index developer. The DJSI select the top-ranked businesses in each industry by analyzing companies across the world from environmental, social and gove

Indorama Ventures Public Company Limited, a global sustainable chemical company, proudly received the prestigious Silver Level recognition at the 2024 AMCHAM Corporate Social Impact Awards. The achievement marks the third consecutive year Indorama Ventures has been recognized by the American Chamber of Commerce in Thailand (AMCHAM) for its unwavering commitment to impactful and sustainable community initiatives and corporate social responsibility (CSR). The award was presented by U.

MAIRE announces that NEXTCHEM has been awarded the licensing and the Process Design Package for a Sustainable Aviation Fuel (“SAF”) plant located in Sei Mangkei, North Sumatra Province, Indonesia. This will be the first plant that will produce SAF with high efficiency, mainly from palm oil mill effluent (POME), enabling the full valorization of this feedstock in the country, including certified used cooking oil, and demonstrating the economic sustainability of small-scale pla

ADNOC International Germany Holding AG , a wholly-owned indirect subsidiary of XRG P.J.S.C. announced today that a total of 172 591 806 shares in Covestro have been included in its voluntary public takeover offer (“ takeover offer”) to all shareholders of Covestro AG (“Covestro”). Together with the shares previously acquired, this corresponds to 91.3 percent of all outstanding shares of Covestro.  At around 70 percent, the takeover offer, together with t

China Petroleum & Chemical Corporation's  completes China's first factory-based seawater hydrogen production research project at its Qingdao Refinery. The project integrates direct seawater electrolysis with renewable energy-powered green hydrogen production, achieving an hourly output of 20 cubic meters of green hydrogen. This innovative approach not only offers a new solution for coastal regions to utilize renewable energy for green hydrogen production but also provides an