Press Releases

Arxada, a global, science-based leader in innovative specialty chemicals, is pleased to announce the appointment of Tafa Magaya as Senior Vice President (SVP) Growth, Strategy & Transformation. He will be based in the U.S., reporting directly to Arxada’s Chief Executive Officer (CEO), Sanjeev Rastogi. He will serve as a member of the company’s Executive Leadership Team. This newly created position reflects Arxada’s commitment to drive innovation, expand market

Aiming to be a global leading Green Energy & Materials Company, SK Innovation and all affiliates are taking “Carbon to Green” strategies with innovative solutions that can bring clean energy to the world and build a sustainable world for our future. Through SKinno Tech Series, we will provide a comprehensive introduction from the basics of SK Innovation and affiliates’ businesses to in-depth explanations of our products and technologies, including those of our

HF Sinclair Corporation  today announced the completion of the transactions contemplated by the previously announced Agreement and Plan of Merger, pursuant to which HF Sinclair acquired all of the outstanding common units (“HEP Common Units”) representing limited partner interests in Holly Energy Partners, L.P. (“HEP”) not already owned by HF Sinclair and its subsidiaries, for a combination of 0.3150 of a share of HF Sinclair common stock and $4.00 in cash, withou

Samyang Corporation targets the global market with its eco-friendly and safety proven transparent flame-retardant polycarbonate material. Samyang Corporation (CEO Kang Ho-sung) announced on the 4th that its self-developed eco-friendly transparent flame-retardant polycarbonate was tested and found to be free of harmful per- and polyfluoroalkyl substances (PFAS). Per- and polyfluoroalkyl substances, artificial substances composed of carbon and fluorine, are widely used in el

CF Industries Holdings, Inc. today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments. The companies allocated approximately $425 million of the purchase price to a long-term ammonia offtake agreement under which CF Industries will su

Things are looking up again for manufacturers and distributors of plastic pipes: the current year already promises a recovery. Ceresana has analyzed the global market for plastic pipes, pipe components and fittings. The latest edition of the market report, which is now in its sixth edition, forecasts average growth of a good 3% per year. However, the outlook varies greatly from region to region. In Western Europe, demand for plastic pipes is not expected to exceed the 2021 level until 2025. T

The Science Based Targets initiative has validated the science-based greenhouse gas (GHG) emissions reductions targets submitted by Ashland Inc. (NYSE: ASH) as conforming with the SBTi Criteria and Recommendations. The company has joined more than 6,500 businesses who have committed to the SBTi to reduce emissions in line with climate science. Ashland has set near-term science-based targets across scopes one, two, and three in line with 1.5°C emissions scenarios to ensure the st

Technip Energies a world-leading engineering and technology company for the energy transition, and John Cockerill, a major designer and manufacturer of large-scale technological solutions and leader in pressurized alkaline electrolyzers, are pleased to announce the formal creation of Rely. Technip Energies and John Cockerill acknowledge the need to accelerate technology development to support net-zero ambitions. The creation of Rely responds to this urgent need to scale up green hyd

TotalEnergies has invested £20 million to acquire a minority stake in Xlinks First Limited, a company founded in 2019 in the United Kingdom, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). Xlinks plans to develop a giant renewable project in Morocco (combining solar and wind) to supply green electricity to the United Kingdom through the installation of high-voltage direct current (HDVC) subsea cables, coupled with a large battery energy st

Ring Container Technologies, a leader in the plastic container manufacturing industry, today announced that the company received a platinum medal sustainability rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains. Ring Container Technologies has demonstrated exceptional sustainability performance, placing it in the top 1% of companies evaluated by EcoVadis. The objective of the EcoVadis methodology is to meas

Kemira, a global leader in sustainable chemical solutions for water-intensive industries, announces a significant capacity extension of its ferric sulfate water treatment chemicals production line in Goole, UK. The additional 70 000 tons capacity investment helps meet the growing demand for coagulants due to the new and stricter Asset Management Plan 7 and 8 regulation on phosphorus and other nutrient discharge from wastewater treatment set out in the Water Industry National Environment Progr

Neste has signed a purchase agreement for solar power supply to its Porvoo refinery in Finland with the renewable energy company CPC Finland Oy.   Solar power supply from the Lakari solar plant in Rauma, Finland is expected to start in spring 2024. Once ready, the plant will be the largest operating solar plant in Finland. The total annual volume of the agreement is approximately 24 GWh, which represents 75% of the annual capacity of the Lakari solar plant in Rauma.