The new facility is expected to become operational in the second half of 2023
The facility will manufacture 100% recycled and infinitely recyclable virgin-quality PET resin and has a planned capacity of 70,000 metric tons per year
The potential project aims to identify the optimum transformation for multiple solid waste streams to clean fuel or clean energy
The new facility will convert mixed plastic waste, which today mostly ends up in landfills or incineration, into recycled feedstock
Closing of the transaction is subject to customary closing conditions and regulatory approval and is expected to take place in the second quarter of 2023.
SYNDIGO rPE is designed to support recycled content and decarbonization goals of converters and brands while setting new industry standards for driving the transition towards a circular economy for plastics
Project demonstrates chemical recycling can process hard-to-recycle waste plastic into high-quality polymer products
The two companies will leverage a robust partnership in driving a materials transition to a carbon-neutral, circular economy by building a biomass plastics supply chain.
UPM Biochemicals and HAERTOL will jointly launch a new range of carbon-neutral engine and battery coolants that will help automakers reduce their carbon footprint.
Under the agreement, LyondellBasell and KIRKBI will become minority shareholders in APK and together with other co-investors will invest approximately 130 million Euros in APK
Customers with E20 petrol compatible vehicles will be able to opt for this fuel at select Jio-bp outlets, and the offering will soon be expanded across the network
Both companies are continuing discussions for future new expansion commitments
In recent years VAM demand has increased significantly to meet global solar power generation
The company has made an investment of more than Rs. 1,000 crores for setting-up the said manufacturing facility
Biomaterials could prove to the most biodegradable, carbon-negative plastic alternative that could put the world on a more sustainable track
Company will increase annual production capacity for TORELINA polyphenylene sulfide (PPS) resin by 5,000 metric tons at a plant in Gunsan, Korea, from December 2024
Both companies to work jointly on projects in India for production of Sustainable Aviation Fuel (SAF) from low carbon alcohols through Alcohol-to-Jet (ATJ) pathway
The state-of-the-art terminal would help Indian customers find easier and faster access to petrochemical products, primarily from Saudi Arabia and other GCC manufacturers, to meet growing demand in India
The new unit, which will come into operation at the end of 2024, will almost double the current capacity (16,000 tons/year) and generate 200 direct, indirect and induced jobs throughout the different phases of construction, start-up and operation.recycled plastic
Company targets recycling capacity of up to 450,000 pounds a day of post-consumer plastic bottles
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