BASF Venture Capital GmbH (BVC), the corporate venture company of BASF Group, announced a strategic investment in Oceanworks, a sustainable plastic solutions provider that brings traceability and transparency through digitalization to recycled plastics. Oceanworks is based in the U.S. and…
Eastman Chemical Co. (Kingsport, Tenn.) has joined 4evergreen, a cross-industry alliance that focuses on the circularity of fiber-based packaging to contribute to a climate-neutral, sustainable society. The goal of the alliance is to raise the overall recycling rate of fiber-based…
McDermott International Inc. (Houston) announced that its storage business, CB&I, will design and build two 500,000-gallon double-wall liquid hydrogen spheres for Plug Power Inc.’s (Latham, N.Y. new green hydrogen production facility in Genesee County, New York. The production facility, leveraging…
Proceeding on the target of commercializing chemical recycling of waste plastic, Neste Corp. (Espoo, Finland) is conducting a feasibility study to examine investing in capacity for processing liquefied waste plastic at its refinery in Porvoo, Finland. The goal is to…
Solvay S.A. (Brussels, Belgium) announced that it is partnering with Mitsubishi Chemical Advanced Materials (MCAM) to recycle end-of-life medical components. Medical equipment made using Solvay’s Udel high-performance polysulfone (PSU) thermoplastic will be recycled at the end of their useful lives in…
Wacker Chemie AG (Munich, Germany) announced that it has signed agreements with Norwegian power producer Statkraft to secure that around 40 percent of the electricity needs at the silicon metal production site at Holla in Norway will be met by…
Global Bioenergies (Evry, France) announced the startup of its bio-based isobutene production unit in Pomacle, France. Pomacle is at the heart of a new and fully French renewable isododecane production chain. Its commercial launch will take place under the Isonaturane…
Sasol Chemicals, a business unit of Sasol Ltd. (Johannesburg, South Africa), announced that its Brunsbüttel, Germany manufacturing facility is obtaining all of its external electricity from renewable sources. “This is a significant step toward meeting Sasol Chemicals’ ambitious long-term sustainability…
SHV Energy (Hoofddorp, The Netherlands) and LanzaTech (Skokie, Ill.) announced a new strategic partnership to employ LanzaTech’s Carbon Capture and Transformation (CCT) technology to bring renewable propane and other sustainable fuels to the market via existing and novel pathways. The…
Braskem S.A. (Philadelphia, Pa.) and Sojitz Corp. (Toyko) have signed an agreement to establish a joint venture (JV) that will produce and market bioMEG (monoethylene glycol) and bioMPG (monopropylene glycol). Subject to the conclusion of technology development in 2022, the…