Press Releases

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

Read more...

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

Read more...

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

Read more...

SABIC was the exclusive sponsor of the 2024 International Chemistry Olympiad, which was being hosted by Saudi Arabia for the first time – the first Arab country to do so. The 56th Olympiad, which was overseen by the Ministry of Education in partnership with the King Abdulaziz and His Companions Foundation for Giftedness and Creativity (Mawhiba) and King Saud University closed at the King Saud University in Riyadh on July 29. The closing ceremony was patronized by Yousef Al-Ben

Read more...

Poste Italiane's ground and air fleet will run on biofuels supplied by Enilive, Eni's company dedicated to mobility services and products. This will accelerate Poste Italiane’s progress towards achieving its energy transition and carbon neutrality goals set for 2030. Giuseppe Lasco, General Manager of Poste Italiane, and Giuseppe Ricci, Energy Evolution Chief Operating Officer at Eni, have signed a Letter of Intent to start a collaboration based on the supply of biofuels produce

Read more...

The Board of Directors of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP has declared a distribution of $0.4714 per unit. This is the 40th quarterly distribution announced by the Partnership since its initial public offering. The distribution will be payable on August 27, 2024, to unit holders of record on August 12, 2024. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees sho

Read more...

Formosa Plastics Corporation, U.S.A. is thrilled to announce a major expansion of our PVC plant in Baton Rouge, Louisiana. This substantial investment will significantly boost our facility’s capacity, allowing us to better meet the growing demands of our customers. The enhancement will enable us to handle larger production volumes and manage peak demand periods more efficiently. This development is a testament to our commitment to delivering superior service and products, high

Read more...

SLB  today announced the award of an integrated engineering, procurement, construction and installation contract by bp to its OneSubsea™ joint venture and Subsea7 for the Murlach development  240 kilometers east of Aberdeen in the UK North Sea. The Murlach project will include the first-ever implementation of SLB OneSubsea standard, configurable vertical monobore tree systems in the UK North Sea, which will be deployed by Subsea7 via vessel to reduce rig days.

Read more...

Brightmark LLC, a circular innovations company with a mission to Reimagine Waste®, announced today its strategic partnership with Lewis Salvage, an independently-owned recycling company based in Warsaw, Indiana, a location with the world's highest concentration of orthopedic design and manufacturing companies. By participating in Lewis Salvage's Minimized Landfill Recycling Program, the Brightmark® Circularity Center in Ashley, Indiana, will receive plastics for recycling from

Read more...

ReCreateIt, a global collaboration of business, education, and nonprofit organizations, announces the launch of an initiative aimed at transforming plastic waste into sustainable home goods through community-led manufacturing. The project aspires to divert at least 10,000 pounds of plastic waste from landfills, train 20 Austin Habitat for Humanity ReStore employees in state-of-the-art manufacturing techniques and educate and engage more than 500 community members. Developed in partn

Read more...

Sigma Lithium Corporation a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, socially and environmentally sustainable lithium concentrate, is pleased to announce it signed an inaugural deferred US$ 22.4 million letter of credit for export financing with Banco do Brasil at very low interest rates. As Sigma matures as an industrial producer and demonstrates its ability to consistently deliver its Quintuple Zero Gr

Read more...

Itabus travels with Enilive’s bItabus, an Italian transport company, is now using Enilive's HVOlution diesel biofuel to power its fleet of next-generation buses. The new agreement strengthens the collaboration between Enilive, Eni’s company focused on mobility products and services, and Itabus, a long-distance coach transport company that has been part of the Italo group since last May. The agreement, which follows a prior  agreement made by the two companies in

Read more...