The Global Impact Coalition (GIC), a CEO-led collaborative platform originally incubated at the World Economic Forum, has launched the world’s first Automotive Plastics Circularity pilot together with seven global leaders in the chemical and recycling industries—BASF, Covestro, LyondellBasell, Mitsubishi Chemical…
BASF SE (Ludwigshafen, Germany) and Sherwin-Williams have signed an agreement on the sale of the Brazilian decorative paints business, which is part of BASF’s Coatings division. The purchase price on a cash and debt-free basis is $1.15 billion. The transaction…
Wood plc (Aberdeen, U.K.) has been selected to provide operations and maintenance solutions for MTR Carbon Capture at the world’s largest membrane-based carbon capture plant in Gillette, Wyoming. The facility, which is based at the Wyoming Integrated Test Center (ITC)…
ADNOC (Abu Dhabi) and Veolia (Paris) announced the signing of a memorandum of understanding at a meeting of the UAE-France High Level Business Council to explore collaboration opportunities in the field of water management. This strategic partnership will leverage the…
Zeon Corp. (Tokyo) and Yokohawa Rubber Co. (Hiratsuka, Japan) have agreed to establish a bench-scale facility to demonstrate a new technology for producing butadiene from ethanol derived from plant-based and other sustainable materials with high efficiency. The facility will be…
Air Liquide S.A. (Paris) has announced two large-scale electrolyzer projects to produce renewable and low-carbon hydrogen in Europe. In the first project, ELYgator, an Air Liquide 200-MW electrolyzer will supply both TotalEnergies’ industrial platform and other European industrial and heavy-duty…
Trelleborg Group AB (Trelleborg, Sweden) has, through its Trelleborg Industrial Solutions business area, signed an agreement to acquire the U.S.-based pipe repair specialists NuFlow Technologies. NuFlow, headquartered in Escondido, California, produces specialist liners, resins, and equipment for small-diameter pipe repair.…
MOL Group (Budapest, Hungary) has produced a diesel fuel containing hydrotreated vegetable oil (HVO), and sustainable aviation fuel (SAF) at the refinery of Slovnaft in Bratislava. The quality of the products has been verified by radioisotope analysis by the independent…
LG Chem Ltd. (Seoul, South Korea) is entering the global market with eco-friendly raw materials derived from vegetable oils. The company announced that it will commence the production of bio-acrylic acid in the second quarter of this year. Production capacity…
Chemical production was up in the U.S. in December, according to new data published today by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) “U.S. chemical production continued to expand during the last month of 2024, up by 1.2%” said…