Press Releases
12 December 2024
The outline conference programme for the Plastics Recycling Show Europe (PRS Europe) has been published ahead of the event’s return to the RAI Amsterdam on 1-2 April 2025. The latest trends in the plastics recycling sector will be explored in depth, providing a holistic view of the whole plastic recycling value chain and drawing together political leaders, major brands, recyclers and the plastics recycling and manufacturing industry. Prominent speakers from major brands alread
Read more...Nexam Chemical’s innovative Reactive Recycling additives, designed to enhance the performance and cost-effectiveness of recycled plastics, have now progressed beyond industrial trials to full-scale commercial implementation. A key customer has now validated the business case by rapidly transitioning to recurring monthly orders, confirming the technology’s ability to deliver substantial value. This specific customer leverages Nexam’s unique additives to incorporate
Read more...LG Chem has become the first Korean company in the dermal filler industry to establish a significant presence in Canada. On the 12th, LG Chem announced that it successfully held a launch event for its hyaluronic acid fillers, ‘YVOIRE Classic Plus’ and ‘YVOIRE Volume Plus,’ in Toronto, Canada. Over 500 local aesthetic professionals and stakeholders attended the event. In response to North America’s growing interest in Korean medical aesthetic p
Read more...11 December 2024
Equinor, alongside project partners, has announced financial close after taking a Final Investment Decision (FID) to progress to execution phase on two of the UK’s first carbon capture and storage (CCS) projects in Teesside, the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power). “It is a major milestone to have agreed Final Investment Decision and financial close on two of the UK’s first carbon capture, transport and storage infrastructur
Read more...11 December 2024
Chevron U.S.A., Inc. a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,000 barrels per day. Chevron acquired the Pasadena Refinery in 2019 with the strategic intent to expand its Gulf Coast refining system. This project is expected to allow the company to process more equity crude f
Read more...10 December 2024
Asahi Kasei received a 2024 TSMC Excellent Performance Award for its Pimel™ photosensitive Polyimide material, in recognition of its “Excellent Technology Collaboration and Production Support in Advanced Packaging” at the 2024 Supply Chain Management Forum held by Taiwan Semiconductor Manufacturing Co., Ltd. on December 2, 2024. TSMC presents the Excellent Performance Award to suppliers that have made remarkable contributions to its technology leadership and manufa
Read more...10 December 2024
Celanese Corporation a global chemical and specialty materials company, today announced that Scott Richardson, currently Celanese’s Chief Operating Officer, has been appointed Chief Executive Officer and will join the Company’s Board of Directors, effective January 1, 2025. Richardson will succeed Lori Ryerkerk, who is stepping down as Chairman, CEO and director of Celanese at the end of the year. Celanese has elected Edward Galante, an independent director on Celanese&rsquo
Read more...The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2024 interim dividend, which was announced on October 31, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by November 29, 2024 will be entitled to a divid
Read more...Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to USD 2 billion. After more than 30 years as a business partner in Azerbaijan and Nigeria, transactions leading to Equinor exiting the countries have now been closed on 29 November and 6 December respectively. “With these exits we realise value and execute on our strategy to focus the international portfolio, and in combination with r
Read more...Cabot Corporation has been named a recipient of the CLEPA Innovation Award 2024 as a Top Innovator in the Green category for its REPLASBLAK® universal circular black masterbatches powered by EVOLVE® Sustainable Solutions. Organized by CLEPA, the European Association of Automotive Suppliers, the CLEPA Innovation Awards celebrates groundbreaking innovations that are driving the green and digital transition in Europe. Cabot’s new REPLASBLAK® reUN5285 and REPLASBLAK® reUN529
Read more...7 December 2024
LyondellBasell today announced that Yvonne van der Laan, executive vice president of circular and low carbon solutions (CLCS), has been awarded the prestigious Winthrop-Sears medal by The Chemists' Club. The accolade was presented during the annual Egg Nog Gala held in New York City on Dec. 5. Established in 1970, the Winthrop-Sears medal recognizes individuals whose entrepreneurial achievements have contributed to the vitality of the chemical industry and the betterment of humanity.
Read more...6 December 2024
Borealis proudly announced the winners of the Borealis Scientific Innovation Award 2024 (BSIA) at the Borealis Innovation Day in Linz, Austria. As a global industry leader, Borealis is rewarding pioneering ideas since 2008 with the Borealis Scientific Innovation Award, celebrating groundbreaking innovations with the potential to significantly impact the world. This year’s focus was on new solutions for the environmentally sustainable production and use of plastics, underscorin
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