Press Releases

BASF gives a clear sign towards biotransformation of their Acrylate portfolio and switches their production to bio-based Ethyl Acrylate starting Q4 2024. With a 14C-traceable bio content of 40% according to DIN EN 16640 and a low Product Carbon Footprint bio-based EA from BASF helps customers worldwide to reach their sustainability goals. The product offers a PCF reduction of ~30% compared to fossil-based EA. Additionally to regular bio-based EA, BASF also offers bio-based Ethyl Acrylate

Celanese Corporation a global chemical and specialty materials company, today confirmed that the force majeure declared for acetic acid and vinyl acetate monomer sold in the Western Hemisphere has ended and the underlying supply chain conditions behind the declaration have stabilized.  “We were pleased to be able to meet the product needs of virtually all of our contracted customers during this challenging period by relying on our integrated and flexible supply chain

Origin Materials a technology company with a mission to enable the world’s transition to sustainable materials, and Reed City Group, a full-scale injection mold builder, injection molder, hydraulic press maker, and automation solutions company, announced a strategic partnership to mass produce PET caps and closures in North America. In Reed City Group’s Michigan facilities, the companies will operate Origin PET cap and closure commercial manufacturing lines. The lines wi

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed a definitive agreement to acquire an additional stake of approximately 22.5% in Rabigh Refining and Petrochemical Co the refining and petrochemical complex located on the Kingdom of Saudi Arabia’s west coast, from Sumitomo Chemical for $702 million. Aramco and Tokyo-headquartered Sumitomo Chemical currently each own 37.5% of shares in Petro Rabigh, which was listed on the Saudi

Driving Decarbonization in America, a series that looks at the different ways that lifecycle carbon emissions in transportation can be reduced, recently showcased a groundbreaking fuel from Chevron. The second episode of the series gives viewers a chance to learn more about renewable gasoline blends, which could reduce a vehicle’s lifecycle carbon dioxide emissions by more than 40%. tell me more Renewable gasoline blends function like the gasoline that

DuPont has been recognized with two 2024 Sustainability Awards from the Business Intelligence Group Sustainability Product of the Year for the first ion exchange resin supporting the production of green hydrogen from water and Sustainability Initiative of the Year for a novel formulation supporting post-etch cleans in semiconductor production.  “At DuPont, sustainability and innovation are intrinsically linked both woven into our commitment to help our customers solve som

Lyten, the supermaterial applications company and global leader in Lithium-Sulfur battery technology, and AEVEX Aerospace, a US leader in airborne intelligence solutions, today announced they have established a partnership to demonstrate, manufacture and deliver unmanned air vehicles (UAVs) powered by Lithium-Sulfur batteries. The partnership’s goal is to deliver lighter-weight and longer-range UAVs that are also the first to be fully compliant with the 2024 National Defense Authorizati

Huntsman Corporation is pleased to announce that Jan Buberl has been appointed President of the Performance Products Division effective August 1, 2024. Upon announcing Jan's appointment, Huntsman Chairman, President and CEO Peter Huntsman stated: "I am excited for Jan to assume leadership of our Performance Products Division and join the Huntsman executive leadership team. He brings to the role deep global experience and a track record of success at Huntsman and previous co

Company delivers strong performance as key milestones advance long-term growth strategy Net income: $29.1 billion (Q2) / $56.3 billion (H1) Cash flow from operating activities: $31.1 billion (Q2) / $64.7 billion (H1) Free cash flow1: $19.0 billion (Q2) / $41.7 billion (H1) Gearing ratio1: -0.5% as at June 30, 2024 compared to -6.3% at December 31, 2023 Q2 2024 base dividend of $20.3 billion and performance-linked dividend distribut

Avangrid, Inc. a leading sustainable energy company and member of the Iberdrola Group, has announced it has once again been included in the global FTSE4Good Index Series, which measures the performance of companies demonstrating strong sustainability practices. This is Avangrid’s seventh consecutive year as a member of the Index and Iberdrola has been ranked on it since 2009. “I am pleased with Avangrid’s inclusion in the FTSE4Good Index for the seventh year i

Chemical Concepts, a leading supplier of adhesives, specialty chemicals, and related products, is thrilled to announce the appointment of Andrew Morris as the company’s new Chief Executive Officer, effective August 1, 2024. In his new role, Andrew will guide the company into a new era of national expansion, focusing on innovation, geographic growth, and operational excellence. His energy, passion, and visionary leadership will play a vital role in the company’s strategic

Chevron Corporation today announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes. Headquarters Relocation The company’s headquarters will move from San Ramon, California, to Houston, Texas. Chevron Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will move to Houston before the end of 2024 to co-locate with other senior leaders and enable better colla