Press Releases

Eni and Snam, within the framework of the equal Joint Venture set up for the purpose, today announce the commencement of CO2 injection activities in the reservoir for Phase 1 of Ravenna CCS. Designed to support industrial decarbonisation, Ravenna CCS is the first project for the capture, transport and permanent storage of CO2 in Italy created for exclusively environmental purposes. Phase 1 of the project will capture, transport and store CO2 emissions from Eni’s natural g

Shin-Etsu Chemical Co., Ltd. has created a 300-mm (12-inch) QSTTM substrate, which is a substrate dedicated to GaN epitaxial growth, and recently started supplying samples. Shin-Etsu Chemical has sold 150-mm (6-inch) and 200-mm (8-inch) QSTTM substrates and GaN on QSTTM epitaxial substrates of each diameter. Meanwhile, the company worked on further increasing the diameter in response to strong customer demand and successfully developed a 300-mm (12-inch) QSTTM substrate. GaN de

Evonik has successfully completed the sale of its superabsorbents business unit to the International Chemical Investors Group (ICIG). The closing of the transaction took place on August 31, 2024, following approval by the competition authorities. Superabsorbents are powdered polymers that are used as absorbent materials in diapers and other hygiene products. The division generated sales of €892 million in 2023 and has around 1,000 employees. It includes three locations in Germany and two

Air Products today announced that Sidd Manjeshwar, vice president, Investor Relations, will speak at Jefferies Industrials Conference on Wednesday,  September 4, 2024 at 8:05 a.m. USET. Access to the session is available via Air Products’ Investor Relations Event Details website. About Air Products Air Products  is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental,

Huntsman has developed a new range of innovative, high-performing thermoplastic polyurethane materials for the footwear industry that offers game-changing possibilities for soling applications. The new AVALON® GECKO TPU portfolio offers a series of products that have exceptional grip and durability and have been developed with circularity in mind. Tailor made for use in high performance soling applications, the range includes an extrudable grade for creating super thin outsoles and a

Growing up near the oil- and gas-rich Appalachian region of the eastern U.S., Brandon Baylor always thought he might work in the energy industry. But he never imagined that his career would involve working with both people and robots. Now a Chevron robotic projects engineer, Baylor recently participated in an initiative to use intelligent machines to reduce the number of human tank inspectors in hazardous environments. “This was a really profound opportunity that exc

Lucro Plastecycle, a leader in plastic recycling and sustainable waste management, has successfully implemented a pioneering Deposit Return System (DRS) in Baramati, Maharashtra. Typically, under DRS or any other collection schemes, companies collect only easier to recycle rigid plastic waste Lucro is the first of its kind to deploy this not just for rigid but for flexible plastic too (waste such as: bread/milk pouches, food & other packaging etc.). For the past two years, this

Equinor plans to maintain its oil and gas production of around 1.2 million barrels per day from the Norwegian continental shelf towards 2035. At the same time, emissions will be halved by 2030 in line with the Paris Agreement. This results in a high level of activity in Norway and the ripple effect report shows increased activity. The largest increase is in exploration, of 26 per cent, which reflects increased exploration activity on the Norwegian shelf. The report has been prepared

U.S. Plastics Pact a collaborative organization transforming the plastics packaging industry in the United States, has released an updated report detailing its ongoing, accelerated action to eliminate problematic and unnecessary materials from the plastics value chain. This report comes at a critical time, as the U.S. government has recently shifted its position to support global targets that limit virgin plastic production, aligning with the U.S. Pact's mission to advance a circular

Olin Corporation a leading global manufacturer of chemical products and ammunition, announced today that it has lifted its systemwide force majeure on chlor-alkali products declared on July 10, 2024. Chlor-alkali and derivative production has been returned to operation. A temporary disruption of its Freeport, Texas operations had occurred as a result of Hurricane Beryl. Olin's Epoxy business is in the process of restarting its Aromatics assets which remain under force majeure. Olin r

PPG today announced a partnership with software firm Flashback Forward, Inc. to offer FinalQC, a mobile quality control application designed to enhance efficiency for the collision repair industry. This collaboration aims to transform the way collision shops operate, enhancing quality, efficiency and customer satisfaction,” said Tom Maziarz, PPG vice president, Americas, Automotive Refinish. “FinalQC standardizes quality verification, empowering collision shops to delive

FutureFuel Corp. a manufacturer of custom and performance chemicals and biofuels, issued the following statement. The FutureFuel Board of Directors wishes to express its sincere thanks and appreciation for the significant contributions made by Tom McKinlay to FutureFuel as its Chief Executive Officer beginning in 2022 and previously as its Chief Operating Officer beginning in 2017. Mr. McKinlay's leadership, knowledge and expertise were instrumental in the Company's suc