The acquisition will boost manufacturing capacity and improve quality while also marking entry into the High Quality Post-Consumer Recycled Resin (PCR) markets in Portugal and Europe
Companies will explore feasibility of establishing a green e-methanol pilot plant, with a minimum capacity of 50,000 tons per annum
Investment will help to accelerate the adoption and deployment of Enerkem technology and develop new industrial projects both in Spain and elsewhere
The 50-million Euro investment will provide the capacity for Johnson Matthey to provide its customers with small batches and spare parts of its range of important catalyst products that help the automotive industry reduce harmful emissions from all types of vehicles
The depolymerization technology adopted, based on the reaction of alkaline hydrolysis with the use of microwaves, allows the plant to chemically recycle PET and polyester textile fiber waste and obtain pure monomers to produce new polymers
The expansion will enable Milliken to boost production capacity for the acquired Bad Bentheim plant by 60 percent by year’s end
The company plans to build a first industrial facility with a strong financial support from the French Government
The business will be consolidated from 1 April
The total sale price of $1 billion was paid in cash
The company has already started providing samples of Sumicle, aiming for commercialization early in FY2022
The transaction will provide PPG with a highly automated, small- and large-batch capable, powder manufacturing plant in Verbania, Italy
Restructured JV will support global growth of Celanese POM products
Sinopec will give full play to its advantages in the integration of marketing, brand, technology and talent to become leading clean energy and chemical company
ReMat is a market leading plastics recycler in Hungary with an annual processing capacity of 25,000 tons
Production capacity for isobutene derivatives increases by more than 50%
Company expects to process up to 100,000 tonnes of the alternative feedstock per year
New facility can support up to 8 purification lines, which collectively are designed to produce approximately 1 billion pounds of like-new recycled plastic annually
LG Chem will provide plastic materials to Innerbottle that produces cosmetic product containers using such materials, and CJ Logistics collects the used Innerbottle containers, which LG Chem and Innerbottle once again recycles it into its original form.
The contract scope encompasses the supply of an API 612 steam turbine driving an API 617 heat pump compressor and all associated compressor train auxiliary equipment for Chevron Phillips Chemical’s 1 billion lbs./yr C3 splitter unit
Following the feasibility study, investment decision readiness is targeted for 2023 and the gradual implementation is expected to start in 2024
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