Press Releases

CHIMEI will be attending the CHINAPLAS 2024 international exhibition on plastics and rubber industries held in Shanghai from April 23 to 26 after a 6-year absence. The theme of CHIMEI’s display will be “Where Sustainability Meets Eternity,” and will feature a grand showcase of the diverse results of the company’s Ecologue sustainable materials portfolio. Furthermore, CHIMEI has implemented a variety of low-carbon measures and introduced carbon footprint verification an

It is not uncommon for a new oil and gas construction project to cost anywhere from $10 million for a basic rig to upwards of $500 million for FPSO projects.  Megaprojects with a $25 billion price tag may spend hundreds of millions of dollars on spares alone. At such high stakes, even a small buying or management change can have a big impact on increasing or reducing project costs. Proper preservation and asset management with Cortec® VpCI® Technologies can therefore add up to su

Evonik and the University of Mainz have signed a license agreement to commercialize randomized polyethylene glycols (rPEGs), a new class of PEGs. Evonik intends to use rPEGs for its platform of specialized lipids and commercialize the excipients under the license agreement to meet customer and market needs. Technical grade rPEG-lipids will be available in the second half of 2024. As part of the company’s Nutrition & Care life sciences division, Evonik’s Health Care b

Automotive experts from Huntsman have added a series of new lightweight, durable polyurethane foam technologies to the company’s battery solutions portfolio that have been developed for the potting and fixation of cells mounted in electric vehicle (EV) batteries. The new range also includes products that can be used as a moldable encapsulant in battery modules or packs. The new SHOKLESSTM foam systems can offer a flexible choice for helping to safeguard the structural integrit

RadiciGroup High Performance Polymers is participating in Chinaplas 2024, to be held from 23 to 26 April at the National Exhibition and Conference Center in Shanghai, China. Accompanying the growth of the Chinese plastics and rubber industries for more than 30 years, Chinaplas is an important meeting platform at which RadiciGroup will be present again this year with a stand (Hall 7.2 stand D38) showcasing the latest innovations for a variety of sectors such as automotive, electrical

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) facility dedicated to advancing its Zimpro® suite of water and wastewater treatment technologies. Officially named the Lummus Green Circle Labs and located in La Porte, Texas, the facility will focus on enhancing commercial value and versatility and accelerating innovation in Lummus' water and wastewater technology

TechnipFM has been awarded a large(1) contract in Guyana’s Stabroek Block by Exxon Mobil Corporation (NYSE: XOM) affiliate ExxonMobil Guyana Limited to supply subsea production systems for the Whiptail project. TechnipFMC will provide project management, engineering, and manufacturing to deliver 48 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment. Jonathan Landes, President, Subsea at TechnipFMC, commented: &ld

SLB has been awarded three contracts by Petrobras for completion hardware and services for up to 35 subsea wells in the development of Petrobras’ offshore Buzios Wave II oilfield. The scope of the contract includes SLB’s full bore electric interval control valves and electric subsurface safety valves. The award is a catalyst toward full production system electrification for Petrobras, improving production availability via more reliable completions. By converting to elect

Versalis, Eni's chemical company, announces today the closing completion of the acquisition of 100% of Tecnofilm S.p.A., a specialist company operating in the compounding sector following the approval of the competent authorities.    Tecnofilm, a family-owned company based in the Le Marche region,  manufactures functionalised polyolefins and thermoplastic compounds based on plastics and elastomers, mainly for the footwear and technical goods industries. Founded in

New options for making finely structured soft, flexible and expandable materials called hydrogels have been developed by researchers at Tokyo University of Agriculture and Technology (TUAT). Their work extends the emerging field of ‘kirigami hydrogels’, in which patterns are cut into a thin film allowing it to later swell into complex hydrogel structures. The research is published in the journal Science and Technology of Advanced Materials. Hydrogels have a network of wa

Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry, announces that it has signed an agreement to acquire the distribution business of DBH Osthandelsgesellschaft mbH (“DBH”), a specialty chemicals distributor focused on AM&A (Advanced Materials & Additives) in Germany and Central & Eastern Europe (CEE). The transaction is expected to close during the second quarter of 2024. The acquisition reinforces A

Borealis announces a EUR 4.5 million investment in the cracker furnaces of its olefins unit in Porvoo, Finland. This investment ensures that the Porvoo steam cracker, which is part of a highly integrated petrochemical complex, can increase the share of renewable and recycled raw materials used in its base chemicals (ethylene and propylene) production; thus, supporting Borealis Strategy 2030 and driving the transformation to a circular economy. The Porvoo investment program, which has already