Press Releases

Shrieve Chemical Company, a portfolio company of Gemspring Capital and a leading, value-added chemicals distributor, today announced that it has acquired TLC Ingredients ("TLC"), a distributor of food ingredients, industrial chemicals, and phenolic resins based in Crest Hill, Illinois. Terms of the transaction were not disclosed. Founded in 2001, TLC has built a reputation as a premier distributor, distinguished by a dedication to operational excellence, food safety, and r

ArabPlast, the premier trade fair for the plastics, recycling, petrochemical, packaging & rubber industry, unfolded its grandeur on the 13th of December 2023. The three-day spectacle not only celebrated the latest advancements, and innovations, but also delved into sustainable solutions, positioning itself as a pivotal player in shaping the future of the global plastics, petrochemical and allied industries. The inauguration ceremony on the 13th was graced by the esteemed presence of His H

The city of Youngstown, Ohio, has adopted a one-year moratorium on pyrolysis or gasification or combustion of tires, chipped tires, plastics, and electronic waste in the city of Youngstown, Ohio. The city council voted unanimously on December 20, 2023; Mayor Jamael Tito Brown signed the bill on December 26, 2023; and it went into effect immediately on December 26, 2023. The new local law establishes a moratorium on the construction and operation of any facility that converts —

Align Technology, Inc.a leading global medical device company that designs, manufactures, and sells the Invisalign® system of clear aligners, iTero™ intraoral scanners, and exocad™ CAD/CAM software for digital orthodontics and restorative dentistry, today announced that it has completed the acquisition of privately-held Cubicure GmbH, a pioneer in direct 3D printing solutions for polymer additive manufacturing that develops, produces, and distributes innovative materials, equi

Further to the award of the project for a nitric acid and ammonium nitrate plant by KIMA, Egyptian Chemical Industries Company, announced on 9 June 2023, MAIRE (MAIRE.MI) informs that Tecnimont (Integrated E&C Solutions BU) has received the advance payment and the authorization to start the engineering works, while the notice to proceed with the full Engineering Procurement and Construction (EPC) activities is expected by the end of June 2024. The EPC contract was awarded to a T

Petrobras, following up on the releases published on 06/06/2023 and 06/23/2023, informs that today it signed a contract with Unigel Participações S.A. (Unigel) for industrialization on order (tolling) for the production of fertilizers at the Sergipe and Bahia plants. The agreement is the result of the partnership between Petrobras and Unigel disclosed on 06/06/2023 (non-disclosure agreement) and is in line with the company's Strategic Plan 2024-2028+ (SP 2024-28+)

Effective on November 1, 2023, Nexeo Plastics has become the preferred distributor of Americhem's full range of Engineered Compounds in North America, encompassing Canada, Mexico, Puerto Rico, and the United States. This strategic move underscores Nexeo Plastics' commitment to delivering top-tier materials, services, and solutions to customers throughout North America. Nexeo Plastics CEO, Paul Tayler, expressed his enthusiasm for this agreement, stating, "We are thrille

Essar Oil and Gas Exploration and Production Ltd, one of the largest E&P companies in India and a leader in unconventional hydrocarbon space, today announced the signing of Memorandum of Understanding (MoU) with the Indian Institute of Technology Bombay (IIT Bombay). The collaboration aims to jointly spearhead research and development initiatives focused on indigenous advancements in various cutting-edge CBM (Coal Bed Methane) technologies. Coal Bed Methane (CBM) has the potenti

MAIRE announces that NEXTCHEM (Sustainable Technology Solutions BU), through its subsidiary MyRechemical, a leader in waste-to-chemicals, has been awarded a feasibility study for the integration of its proprietary Waste-to-Syngas technology in a large-scale conversion plant that would transform solid municipal waste into Sustainable Aviation Fuel (SAF). This is the first major project in the UAE aimed at producing up to 120,000 tons per year of SAF. MyRechemical will provide the gas

In its efforts to scale-up chemical recycling, Neste has successfully concluded another series of industrial-scale processing runs with increasing volumes of liquefied waste plastic at its refinery in Porvoo, Finland. The processing runs in the second half of 2023 doubled the total amount of liquefied waste plastic processed by Neste to more than 6,000 tons. For the first time the largest run in 2023 exceeded 2,000 tons of liquefied waste plastic. The output of the runs is high-quality, ISCC

I.P. ONE, a leading Thai FMCG market leader, supports the concept of Circular Economy and Zero Waste by partnering with ENVICCO, a company within the GC Group, and ALPLA Packaging to introduce the "Vixol: Transformative Innovation for Sustainable World" campaign for the first time in Thailand. This initiative involves transforming discarded colored plastic household waste into recyclable bottles, piloting it with the "VIXOL POWER black bottle," creating a closed loop syste

PETRONAS Suriname E&P B.V. a subsidiary of PETRONAS, has signed the Production Sharing Contracts for Suriname’s offshore Blocks 63 and 64 with Staatsolie Maatschappij Suriname N.V.   PETRONAS Suriname E&P won the blocks, located in the Guyana-Suriname Basin, during the Suriname Demerara Bid Round 2022-2023 in June 2023. Block 63 has an area of 5,425 sq km and is located approximately 200 km offshore Suriname in water depths of about 1,700 metres. Block 6