Press Releases

Neste, LyondellBasell, Biofibre and Naftex have created a value chain to combine bio-based polymers with natural fiber for the manufacturing of construction elements. The combination of polymers with measurable bio-based content and natural fiber in construction elements creates carbon storage which can help tackle climate change.  The cooperation sees Neste provide renewable Neste RE™, a feedstock for polymers production made 100% from bio-based materials

Braskem and the University of São Paulo (USP) have announced a partnership to develop lines of research for converting CO2 into other chemical products. CO­2 is one of the greenhouse gases and among the biggest contributors to climate change. The project's mission is to deploy the technologies resulting from these lines of research to reuse CO2 to obtain chemical products such as olefins and alcohols, thus mitigating its emissions into the environment and using it as a raw mate

Specialty chemicals company LANXESS has reached an important step towards more sustainability in its plasticizer portfolio: The Polymer Additives (PLA) business unit now offers a more sustainable solution for its plasticizer Mesamoll. The phthalate-free, well-gelling and exceptionally saponification-resistant plasticizer can be applied for a wide range of polymers, such as PVC, PUR and rubber. “The switch to a more sustainable raw material base in the production of Mesamoll is

SpendEdge, a global leader in procurement market intelligence space recently engaged with a agrochemical company for overcoming procurement challenges. Company was dealing with the problem of high procurement costs due to the increase in the prices of chemical intermediaries. Not only was this impacting the COGS, but it was also resulting in production delays. Game-Changing Solutions: After understanding the extent of the client's challenges,

Neste has entered a cooperation with Suntory, ENEOS and Mitsubishi Corporation to enable the production of PET (Polyethylene Terephthalate) resin made with renewable Neste RE™ on a commercial scale. Neste RE is Neste’s feedstock for polymers production, made 100% from bio-based raw materials such as waste and residues, e.g. used cooking oil, to replace fossil feedstock in the value chain. Japanese beverage company Suntory will utilize the renewable PET resin to produce b

LyondellBasell  announced today that Jiangsu Fenghai High-Tech Materials Co., Ltd. (Jiangsu Fenghai) has selected the LyondellBasell Lupotech T high-pressure polyethylene technology for a new production site.  The Lupotech T process technology will be used for a 200 kiloton per year (KTA) vinyl acetate copolymer (EVA) line. The new line will be located in Lianyungang, Jiangsu Province, P.R. of China. “This latest award once again demonstrates that our Lupot

RPP Containers, a leading manufacturer and stocking distributor of reusable bulk containers, has partnered with ALPAL to be the exclusive stocking distributor of the highly anticipated 40 x 48 x 43 Stackable Foldable IBC. This strategic partnership brings together two industry leaders to provide customers with innovative storage and transportation solutions. As the exclusive stocking distributor, RPP Containers will have the 40 x 48 x 43 Stackable Foldable IBC readily available for

Leaders across the polyethylene terephthalate (PET) value chain have partnered for a national campaign to highlight the significant sustainability advantages of the packaging material while also raising awareness of the importance of recycling. They have teamed up for an episode of Public Television’s Viewpoint with Dennis Quaid and a series of national commercials that will air on cable television. “The importance of debunking misconceptions of PET pa

NIPPON SHOKUBAI CO., LTD. (Nippon Shokubai) and Mitsubishi Heavy Industries, Ltd. (MHI) have reached an agreement on joint development of an ammonia cracking system, expecting establishment of a hydrogen and ammonia supply chain that enables high-volume transport. Ammonia is garnering attention today as a hydrogen carrier that enables safe transport and storage of hydrogen, a fuel that emits no CO2 when combusted, in large volumes over great distances. Plans to establish supply chai

TotalEnergies and INPEX have signed an agreement with PTTEP in order to acquire the 100% interest held by PTTEP in the AC-RL7 permit in Australia. Under the terms of the agreement, which is subject to approval by the relevant authorities, TotalEnergies will acquire a 26% interest in the permit in line with its equity in Ichthys LNG, while INPEX will acquire the remaining 74% and assume operatorship. The permit covers an area of 418 sq.km in the Timor Sea, approximately 250 kilometer

Tennant Company, a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has released its annual Sustainability Report. The report, detailing achievements for the 2022 fiscal year, also details the development of the Company’s new Thriving People, Healthy Planet framework. “By embedding sustainability into how we work, we’ll continue to deliver solutions that help our customers solve their biggest challenges and me

LyondellBasell today announced it has declared a dividend of $1.25 per share, to be paid September 5, 2023, to shareholders of record on August 28, 2023, with an ex-dividend date of August 25, 2023. About LyondellBasell We are LyondellBasell (NYSE: LYB) – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circ