Press Releases
12 July 2024
Kraton Corporation, a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, is proud to announce the successful completion of its global bond issuance, raising USD 1 billion with the backing of KDB’s credit guarantee. This strategic financial move underscores the strength of Kraton’s market position and its innovative partnership with parent company DL Chemicals, which is focused on leveraging o
Read more...Solenis, a leading producer of specialty chemicals, marked its 10th anniversary by launching a new brand identity. Updated brand elements reflect the company’s continued growth and vision while establishing a cohesive look for its growing global portfolio, which includes Diversey, a leading brand for hygiene, infection prevention and cleaning products and technology. “This bold new look heralds the next era in our progression,” said John Panichella, CEO. “Jus
Read more...11 July 2024
Tru Earth, a B Corp certified, multi-national household cleaning products organization focused on eliminating single-use plastic in the home, today announced a collaboration with CleanHub. The partnership will enable Tru Earth to dedicate a portion of its laundry eco-strip® sales to recover an additional 33,000 pounds of plastic waste throughout the month of July. Like Tru Earth, CleanHub envisions a world free of plastic pollution. To achieve this, they focus on preventing plas
Read more...11 July 2024
The U.S. Plastics Pact is excited to announce the appointment of Jonathan Quinn as the new Chief Executive Officer effective immediately. This strategic leadership transition marks a pivotal moment for the U.S. Plastics Pact as it continues its mission to transform the way plastic packaging is designed, used, and reused, creating a path towards a circular economy in the United States. Emily Tipaldo, who has served as the U.S. Pact's first Executive Director, will remain temporar
Read more...DuPont today announced that its Tyvek® production facility at the Spruance manufacturing plant in Richmond received certification from the International Sustainability and Carbon Certification The Spruance facility is the second DuPont site to achieve ISCC certification, following the Luxembourg manufacturing plant in November 2023. This achievement demonstrates DuPont’s commitment to advance its sustainability goals and build capabilities to offer Tyvek® products made with sust
Read more...10 July 2024
BASF and Ningbo Yaohua Electric Technology Co., Ltd. have co-created a concept switchgear cabinet with insulation components made of BASF’s high-performance material solutions Ultramid® polyamide and Ultradur® polybutylene terephthalate . Compared to conventional thermosetting materials, embedded pole, bushing, insulated spindle, and static contact socket of the disconnect switch made with Ultramid and Ultradur are recyclable. The processing and production of Ultramid and Ultrad
Read more...9 July 2024
Eni announces a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 kilometers off the coast in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. The preliminary estimates indicate a discovered potential of around 300-400 million barrels equivalents (Mboe) of oil and associated gas in place. The well has been drilled in a water depth of 525 meters and reached a total depth of 2,931 meters, finding about 200meter net pay of hyd
Read more...In response to Hurricane Beryl, Formosa Plastics Corporation, U.S.A. has taken the precautionary measure of temporarily shutting down operations at our Point Comfort plant site. We are actively monitoring the situation and will take all necessary steps to ensure that our facility is secure and that our team members are safe. Our dedicated crisis management team is working around the clock to assess the impact of the hurricane and to expedite the process of resuming full operations a
Read more...9 July 2024
The Global Conclave on Plastics Recycling and Sustainability kicked off on Thursday at Bharat Mandapam, Pragati Maidan. Organized by the All-India Plastics Manufacturers' Association and the Chemicals & Petrochemicals Manufacturers' Association, this first-of-its-kind event in India will conclude on July 7. Al Mehtab Industries plays a crucial role in organizing this mega event. As a leader in adopting and pioneering cutting-edge technology in India, AMI is committed to reducing c
Read more...Petrobras, in continuation of the Material Fact disclosed on May 22, 2024, informs that the Court of the Administrative Council for Economic Defense and Petrobras signed on this date an addendum to the Gas Cessation Commitment Term signed on July 8, 2019. As reported by Petrobras, the addendum is the result of extensive debate between the technical areas of Petrobras and CADE and culminated in the termination of the obligation to divest TBG, within the scope of the TCC, a
Read more...Kemira expands its water treatment offering to include activated carbon, acquiring Norit’s UK reactivation operations Kemira has signed a definitive agreement to purchase Norit’s UK reactivation business from Purton Carbons Limited on June 28, 2024. This acquisition is the first step for Kemira in entering the activated carbon market for micropollutants removal. Activated carbon is the most common technology to remove odor and taste in drinking water, as well a
Read more...5 July 2024
Arkema, a leader in specialty materials, announces that the company has obtained ISCC+ certification for its powder coating resins facility located in Sant Celoni, Spain; as part of a larger initiative designed to decarbonize the global coating value chain. It expands Arkema’s leading range of mass balance solutions with up to 40% bio-attributed powder polyester resins*, achieving a related reduction of up to 25% in product carbon footprint. The facility houses a polyester res
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