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Kraton to be acquired by Korean firm DL Chemical

Kraton Corp. (Houston) announced that it has entered into a definitive merger agreement pursuant to which DL Chemical Co., Ltd. (Seoul, South Korea), a subsidiary of DL Holdings Co., Ltd. (formerly Daelim Industrial Co., Ltd.), will acquire 100% of Kraton…

U.S. chemical production fell slightly in August, ACC says

Reflecting hurricane disruptions and supply chain challenges, the U.S. Chemical Production Regional Index (U.S. CPRI) fell 0.3% in August following a 1.1% gain in July and a 3.4% gain in June, according to the American Chemistry Council (ACC; Washington, D.C.;…

GTI launches Veritas, an initiative to measure methane emission reductions

Today, GTI (Des Plaines, Ill.; www.gti.energy) launched Veritas: a GTI Differentiated Gas Measurement and Verification Initiative to accelerate actions that reduce methane leakage from natural gas systems. The effort brings together scientists, academics, environmental organizations, certification organizations, and industry participants…

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Russian petrochemical companies SIBUR and TAIF merge

SIBUR International GmbH (Moscow, Russia; www.sibur-int.com) and TAIF Group (Kazan, Tartarstan, Russia; www.taif.ru) have entered into an agreement finalizing the creation of a combined entity that will leverage the facilities of PJSC SIBUR Holding and create the largest petrochemical company…

Gevo to acquire isobutanol patent slate from Butamax

Gevo, Inc. (Englewood, Colo.) has entered into an asset purchase agreement with Butamax Advanced Biofuels LLC and its affiliate, Danisco US Inc., to acquire certain patents, leaving Gevo as the only entity with full rights to sublicense the entire Gevo/Butamax…

Honeywell and Wood launch technologies for sustainable aviation fuel production

Honeywell International, Inc. (Charlotte, N.C.) and Wood plc (Aberdeen, Scotland) announced a comprehensive package of technologies to support the effort to produce carbon-neutral aviation fuel. When used together, the technologies, which are based on Honeywell’s UOP Ecofining process technology and Wood’s hydrogen plant…

Univar Solutions and Novozymes to provide biological solutions for waste and wastewater treatment

Univar Solutions Inc. (Downers Grove, Ill.), a global chemical and ingredient distributor and provider of value-added services, announced a new agreement with Novozymes A/S (Copenhagen, Denmark), expanding its relationship to include biological solutions for for waste and wastewater treatment in…

Danimer Scientific and Chevron Phillips Chemical collaborate on biodegradable polymer technologies

Danimer Scientific, Inc. (Bainbridge, Ga.), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it is collaborating with Chevron Phillips Chemical (CPChem; The Woodlands, Tex.) to explore a loop slurry reactor design…

HeidelbergCement to pilot carbon capture project in Eastern Europe

HeidelbergCement has announced plans to pilot a carbon capture project in Eastern Europe. Project ACCSESS, a consortium led by Sintef Energi AS, Norway, aims to significantly cut the costs of the CCUS value chain, and to link CO2-emitters from mainland…

Lummus awarded technology contract for new diphenyl carbonate plant in China

Lummus Technology (Houston) announced it has been awarded a technology contract by Zhangzhou CHIMEI Chemical Co., a subsidiary of CHIMEI Corp. of Taiwan, for a grassroots diphenyl carbonate (DPC) plant in Fujian Province, China. Zhangzhou CHIMEI will build a new…