Press Releases

LG Energy Solution announced it signed an offtake agreement with Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) for lithium concentrate, further advancing the companies’ pre-existing partnership driven by the objective to deliver efficient and sustainable power solutions to the North American market. Under the agreement, WesCEF will supply LG Energy Solution up to 85,000 tons of lithium concentrate, which could be utilized in producing around 11,000 tons of lithium hydr

CARBIOS a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, and De Smet Engineers & Contractors (DSEC), a world-class provider of Engineering, Procurement and Construction services in the biotech’s and agro-processing industries, jointly announce their collaboration to spearhead the construction of the world's first PET biorecycling plant. Under the agreement, De Smet has been entrusted with the projec

A decade ago, California became the first state to ban single-use plastic bags, ushering in a wave of plastiphobia from coast to coast.  Now, California legislators are back for more, hoping to pass a law that closes loopholes and in effect bans all types of plastic shopping bags from being offered at the checkout. However, Symphony Environmental, a company at the forefront of environmental packaging technology, is clear that banning single-use plastic is not the solution. Symp

Eastman today announced a long-term agreement with Nord Pal Plast SA part of Dentis Group, a leading Italian multinational company specializing in the recovery and mechanical recycling of PET packaging waste. Through its mechanical recycling sites in France (Nord Pal Plast SA), Spain (PET COMPAÑÍA PARA SU RECICLADO) and Italy (Dentis Recycling Italy Srl), Dentis will provide 30,000 metric tonnes per year of rejected PET post-consumer waste to Eastman. These materials, which curr

Numat Technologies, Inc. a global leader in metal-organic frameworks (“MOFs”), announces a significant expansion investment to build a second U.S.-based, high-volume MOF manufacturing facility in Wisconsin. This expansion, expected to be operational in the second half of 2024, follows Numat’s November 2023 announcement of the company’s new MOF manufacturing campus in Chicago. The investment will add critical manufacturing capacity to support customer demand in Numat&rs

A major capacity expansion has been completed at AkzoNobel’s Powder Coatings site in Como, Italy, which will help secure supply to customers across Europe, Middle East and Africa (EMEA). Four new manufacturing lines are now operational following the €21 million project – two of them dedicated to automotive primers and two to architectural coatings. New bonding equipment lines have also been added, ensuring that the products meet and exceed industry standards.

The High-Performance Polymers range, which includes Rilsan® and Pebax® Rnew® polymers was attributed the “Solar Impulse Efficient Solution” label following an assessment performed by external independent experts and based on verified standards. This solution is thereby joining the #1000solutions challenge, an initiative by the Solar Impulse Foundation to select solutions that meet high standards in profitability and sustainability and present them to decision

Leading North American recycler, Rumpke Waste & Recycling (Rumpke) and molecular recycling pioneer Eastman, today announced a groundbreaking partnership to help address the global plastic waste crisis. Later this year, Rumpke will begin collecting and sorting hard-to-recycle and colored PET packaging waste, materials that are largely unaddressed in today's recycling ecosystem and will provide 100 percent of this waste stream as feedstock to Eastman's molecular recycling process.&n

Evonik has launched a new photopolymer resin that is both flame retardant and mechanically durable when cured. Designed for use with DLP (digital light processing) 3D printers, INFINAM® FR 4100L is pourable at room temperature and can be printed and further processed to achieve a desired surface feel. “INFINAM® FR 4100L is our latest product to address ongoing customer demand for a 3D-printable resin that can meet the unique requirements of aerospace, automotive, and e

Following the recent announcement of Lummus' new partnership with Toshiba Energy Systems and Solutions Corp. to pioneer advanced carbon capture solutions, the Partnership had a chance to sit down with Lummus' Ajay Gami, Chief Corporate Development Officer, and Matthew Braud, Head of Global Marketing and Communications. They discussed the company's recent partnerships and how they are developing technology solutions to create a more sustainable, low-carbon future amid the growing c

Evonik introduces VISIOMER® HEMA-P 100 to the market, a phosphate methacrylate monomer that is nonmigratory, and its effects are long-lasting. Incorporated by polymerization, HEMA-P provides transparent flame retardancy, improves adhesion, and reduces corrosion. It is an effective adhesion promoter and anti-corrosive agent. VISIOMER® HEMA-P can improve dispersibility and act as a complexing agent. VISIOMER® HEMA-P is versatile and may be used as a monomer for emulsion an

NOVA Chemicals Corporation announced today the pricing of a private offering of $650 million of senior unsecured notes, structured as 6-year non-call 2.5-years (the "2030 Notes"). The 2030 Notes will have an interest rate of 9% per annum.  Alongside the 2030 Notes offering, NOVA Chemicals announced a tender offer and consent solicitation for any and all of the remaining $650 million of its 4.875%, senior notes due 2024 (the "2024 Notes").  NOVA Chemicals plans to