Press Releases

International Process Plants (IPP), a leading global provider of pre-owned and new process plants and equipment, is pleased to announce its acquisition of the idled Warwick Chemical Mostyn, Wales, UK site from The Lubrizol Corporation. This strategic move reinforces IPP's commitment to helping global manufactures exit their redundant assets in a sustainable and innovative way to focus on their core business while leaving IPP's expertise to redeploy the assets and create new oppor

ICIS, a global source of commodity intelligence, is proud to announce the launch of its Pyrolysis Oil Pricing Indexes, to help satisfy the increasing consumer demand for the pricing of chemical recycling outputs. ICIS is the first market player to provide this pricing index, which will be part of ICIS' Mixed Plastic Waste – Europe pricing report launched in 2021, now ICIS Mixed Plastic Waste and Pyrolysis Oil report. The mixed plastic waste pricing service curren

Lummus Technology, a global provider of process technologies and value-driven energy solutions, has announced an agreement with Dongyang Environment Group to deploy Lummus' advanced plastics recycling technology in South Korea. The plant will be located in Seosan, Chungcheongnam-do, Korea, and will be operated by Dongyang Environment's subsidiary, Seohae Green Chemical. "We are pleased to announce this agreement with Dongyang Environment, one of South Korea

Origin Materials, Inc., the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced the appointment of Matt Plavan as Chief Financial Officer, effective October 30, 2023. Mr. Plavan succeeds Pam Haley, who has served as interim Chief Financial Officer since September 1, 2023. Ms. Haley will continue in her role as Senior Vice President of Accounting and Finance. Mr. Plavan brings sixteen

The "Recycled Polyethylene Terephthalate Market Size, Share & Trends Analysis Report By Product (Clear, Colored), By End-use (Fiber, Sheet & Film, Strapping), By Region (Asia Pacific, North America), And Segment Forecasts, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering. The global recycled polyethylene terephthalate (rPET) market is poised for significant growth, with an anticipated market size of USD 18.7 billion by 2030. This growth i

Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors. MidOcean Energy is currently in the process of acquiring interests in four Australian LNG projects, with a growth strategy to cre

Solvay has announced that its polyphenylene sulfide (PPS) production at Borger, Texas, and its Ryton® PPS ECHO compounding at Kallo-Beveren, Belgium, have obtained independent mass balance (MB1) certification under the widely recognized International Sustainability and Carbon Certification PLUS (ISCC PLUS2) scheme of accreditation. These products offer the same technical qualities as comparable virgin PPS resins, which el

Prismane Consulting is thrilled to introduce the seventh iteration of its report on the "Global Polyacetal Resins Market - 2023." This all-encompassing study delves deep into the worldwide Polyacetal Resins market, with particular emphasis on key countries and their varying demands across distinct applications. The study encompasses a range of Polyacetal applications, including automotive (interior, exterior, under-the- bonnet), Electrical & Electronics (Micro Gears, o

Ecovative announced today that it is opening access to a major European patent to all individuals and businesses who wish to use its MycoComposite™ mycelium materials in their own innovations and businesses in Europe. The company’s renewable material offers a nontoxic, planet-friendly alternative to plastics and other fossil fuel-derived materials. Ecovative’s MycoComposite invention enables the manufacturing of products that are free of forever chem

Huntsman Corporation today launched its Technology Portal, a platform dedicated to engaging with innovators and manufacturers across the value chain. The cross-divisional initiative aims to facilitate and foster external collaborations, connecting minds and expertise from diverse sectors with Huntsman to unlock potential business opportunities.  "Collaboration is a key element of our innovation process at Huntsman," said Dr. David Hatrick, Vice President of Strat

LANXESS, one of the world’s largest suppliers of antimicrobial protection products, and Tennants GmbH from Bielefeld, Germany, have agreed on a strategic cooperation for integrated solutions in the field of industrial plant hygiene. In doing so, the partners will combine the specialty chemicals group’s biocide portfolio and the company’s adenosine triphosphate (ATP) technology. ATP technology can be used to quickly and reliably detect a possible contamination with microorgan

Formulators can now manufacture environmentally acceptable lubricants (EALs) and streamline their EU Ecolabel certification process with OQ Chemicals’ lubricant base oil, Oxlube L7-NPG. Recently added to the Lubricant Substance Classification List (LuSC), this product aligns with stringent EU Ecolabel criteria. Oxlube L7-NPG, a low viscosity ester, is aptly suited for cooling and lubricating, including applications such as metal working and lubricants compliant with the Vessel General P