Press Releases

Trinseo a specialty material solutions provider, is helping advance the potential of sustainable plastics with the inauguration of its next generation, polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy. Scheduled to be commissioned in Q1 2024, this demonstration facility marks a pivotal step towards reshaping the plastics ecosystem as part of the circular economy. PMMA, renowned for its versatility in various applications, will be transformed through this advanced recycling

LUKOIL's Telegram channel received award as the best in digital/social media category for its original ProRun online project, which included photo and video reports, broadcasts from marathons, guessing games, and giveaways. The jury praised the media coverage received by the livestreams of the semi-marathon that LUKOIL organized in Kogalym. Thanks to this new format, the subscribers could follow the run online and watch live commentary by Olympic champions and professional sportsmen.

PureCycle Technologies, Inc. has resumed pellet production at its flagship purification facility in Ironton, Ohio, following a scheduled pause to upgrade the plant. One of the most important improvements was the installation of an automatic screen changer on the final product extruder. The screen changer will help improve run times and enhance the production of PureCycle's PureFive™ Ultra-Pure Recycled ("UPR") resin. Over the Thanksgiving holiday, the Ironton mai

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