Braskem S.A. (São Paulo, Brazil) announced a project to evaluate an investment in producing carbon negative bio-based polypropylene (PP) in the U.S. The project would utilize Braskem's proven, proprietary technology to convert bioethanol into physically segregated bio-based polypropylene. Braskem is…
Henkel AG (Düsseldorf, Germany) and Shell Chemical LP have agreed to a five-year collaboration to replace up to 200,000 tons of fossil feedstocks used in the manufacture of surfactants with feedstocks that are based on renewable raw materials. The renewable-based…
Sekisui Chemical Co. (Osaka, Japan) has decided to establish a new plant in the United States to produce thermal gap filler materials for EVs (electric vehicles) and other environmental friendly vehicles of its consolidated subsidiary, Skeisui Polymatech. Construction of the…
Solvay S.A. (Brussels, Belgium) is investing at its Livorno site, in Italy, to launch the company’s first unit of circular highly dispersible silica (HDS), made with bio-based sodium silicate derived from rice husk ash. This new breakthrough silicate process provides…
BASF SE (Ludwigshafen, Germany) has announced an investment in the capacity expansion of polymer dispersions at its production site in Merak, Indonesia. The expansion is in line with the growing trend of high-quality packaging in ASEAN where key paper and…
The preliminary value for the CE Plant Cost Index (CEPCI) for November 2022 (most recent available) fell slightly from previous month's value. The decline is the fifth consecutive monthly decrease, following a long string of increases between November 2020 and…
Hexion Holdings Corp. (Columbus, Ohio) has completed the expansion of its Missoula, Montana site in support of its ArmorBuilt Wildfire Shield product. This expansion was first announced in February 2022. Hexion’s ArmorBuilt Fire Protection product offers a durable, fire mitigation…
ExxonMobil Corp. (Houston) has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution terminals, and a network of Esso-branded retail stations, delivering on its commitment to strengthen value and…
Borealis AG (Vienna, Austria) has acquired a majority stake in Renasci N.V., a Belgium-based provider of innovative recycling solutions and the creator of the novel Smart Chain Processing (SCP) concept. Borealis announced a supply agreement with Renascil Borealis now announces…
LG Chem (Seoul, South Korea) announced that it entered into an MOU for building a resource-circulation system by recycling marine wastes with NETSPA, a leading company in resource circulation. Through this MOU, LG Chem will be able to stably secure…