Press Releases

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

TOYO INK INDIA PVT. LTD., a member of the Japan-based chemicals manufacturer artience group (formerly Toyo Ink Group), today announced plans to expand its production capacity for solvent-based adhesives at its manufacturing site in Gujarat, India. A new production facility will be built on-site at the Gujarat plant as part of expansion to meet rising local demand. The plant is slated to begin operations in April 2026 and will help to boost the Gujarat site’s adhesive capacity by 3.5 tim

Brenntag, the global market leader in chemicals and ingredients distribution, today announced a strategic partnership with Knowde, the pioneering digital customer experience platform for the ingredients, polymers, and chemical industry. This collaboration marks a significant step forward in utilizing Artificial Intelligence (AI) to address the chemical industry’s uniquely complex Product Data Management challenges. Christian Kohlpaintner, Chief Executive Officer of Brenntag SE

Mitsui Chemicals, Inc. today announced that it has invested in FullStem Co. Ltd. (Uruma, Okinawa; CEO: CHIBA Shunmei), a company commercializing high-density, large-scale stem cell culture technology, via 321FORCE Global Innovation Fund L.P. (321FORCE™; managed by Global Brain Corporation). About FullStem FullStem has developed Achieva-CS*1: a high-density, large-scale stem cell culture device that employs a proprietary method for high-density, three

BASF signed a 15-year contract with ENN Energy to purchase natural gas for its Zhanjiang Verbund site recently. This is an important step further in the clean energy partnership between the two parties. Following the contract, ENN Energy will invest in the construction of the needed supporting natural gas gate stations and pipelines so as to ensure a stable natural gas supply to BASF's Zhanjiang Verbund site. It will also further enhance the clean energy supply capabilities of D

Aurora Capital Partners ("Aurora"), a middle-market private equity firm, today announced the closing of the recapitalization of PSC Group, a leading embedded logistics service provider offering rail, truck, and marine logistics, railcar repair, and sustainability services to critical petrochemical infrastructure across North America, with TJC, LP ("TJC"), formerly known as The Jordan Company, a middle-market private equity firm investing primarily in North America. Aurora

KBR  announced today that its Purifier™ ammonia technology was selected by Wuhuan Engineering Co. Ltd. for the expansion of El Nasr Company for Intermediate Chemicals' (NCIC) fertilizer complex in Egypt. Under the terms of the contract, KBR will provide the technology license, proprietary engineering design and proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant. "We are pleased to be a part of this project and support El Nasr

Aramco, one of the world’s leading integrated energy and chemicals companies, today awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). This additional 1.5 bscfd of processing capacity is expected to contribute to the com

Avient Partners with Hager to Develop Waterproof Switches Using Ocean-bound PlasticAvient Corporation, a provider of specialized and sustainable materials solutions and services, announces a successful collaboration with its long-standing and valued customer, Hager Group. Avient supported Hager to incorporate 27% recycled ocean-bound plastic into its new cubyko leaf waterproof outdoor sockets and switches, providing its customers with a more eco-conscious option. This success was ac

PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd (PCCSS), recently signed a Joint Study Agreement (JSA) with  JERA Co., Inc (JERA), to evaluate the feasibility of the entire carbon capture and storage (CCS) value chain including separation and capture of carbon dioxide (CO2) emitted by JERA in Japan, cross-border transportation, and CO2 storage in Malaysia. This agreement will strengthen the collaboration and contribute towards building a global network for cross

Borealis announced that it had signed an agreement to acquire a 100 % stake in Integra Plastics AD, an advanced mechanical recycling player based in Elin Pelin, Bulgaria, subject to inter alia customary regulatory approvals. Today, the companies announce the successful closing of the transaction. Integra Plastics AD operates a modern advanced mechanical recycling plant built in 2019 with state-of-the-art equipment and an annual output capacity of more than 20,000 tons. Integra Plast

ICIS, a global source of commodity intelligence, is proud to announce the launch of its latest pricing index for recycled polypropylene (R-PP) in Asia. This new service will support the industry's shift towards more sustainable and circular economy models, reinforcing ICIS' dedication to bringing transparency to circular plastics markets and providing customers with the tools needed to make well-informed decisions.  The service will track six spot pellets assessments fo