The team will focus their effort on redesigning polyethylene (PE) packaging material to produce plastic packaging that can be recycled infinitely or safely degrade in the environment
The acquisition price amounts to approximately €70 million and the transaction is expected to close in second quarter of 2022
The expansion of the Cartagena refinery facilities to build the new advanced biofuels plant, which will be equipped with cutting-edge technology, will mean the generation of some 1,000 jobs in the different phases of the project and the involvement of 240 companies auxiliaries - of which 21% will be local, 25% regional, 42% national and 12% international
Company has invested INR 90 million to modernize machinery which has increased installed output to over 45,000 MT per year
Increased capacity at production site in Panoli will help to meet increasing market demand
Texplast produces PET pellets and flakes from used PET bottles and acquisition will help increase its annual processing volume in Germany to 75,000 tonnes of PET bottles
The addition of Primasil’s capabilities will complement MRP’s existing offerings, which include highly engineered elastomer and thermoplastic solutions for the medical device, water, food and beverage, infrastructure and other essential industries globally
This will support IOCL's expansion of its Panipat refinery where it is raising the capacity by 66% to 25 MMPTA.
Company has made SAP from caustic soda produced using electricity generated from renewable energy at its plant in Belgium
Company has approved an investment of Rs 600 crore into the paint venture which will be infused over a five-year period
In 2021, Topsoe’s earnings (EBIT before special items) amounted to DKK 903 million, up 6% compared to 2020
Al-Benyan identified three priority transformation areas for the chemical industry: partnerships and collaborations; agility; and new business and operating models during the 2nd edition of the GPCA Leaders’ Forum in Dubai
The new plants are intended to meet the growing demand for compounded plastics, particularly for the automotive and electrical and electronics industries
The joint venture will produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project)
The facility expands Halliburton’s manufacturing footprint in the Eastern Hemisphere and strengthens and accelerates its ability to serve the chemical needs of Middle East customers
Brightmark will be constructing the facility in partnership with the NSW Government, as part of its commitment to drive economic growth and prosperity in regional NSW.
Companies are eliminating fossil fuels from ethanol production by converting CO2 to CO through Twelve’s technology, and subsequently using LanzaTech’s small Continuous Stirred Tank Reactor (CSTR) to convert CO to ethanol
Under the terms of the agreement, Abu Dhabi Chemicals Derivatives Company RSC Ltd. (TA'ZIZ) and Proman will construct a natural gas to methanol facility with an anticipated annual capacity of up to 1.8 million tons per annum
In 2021, EBITDA was EUR 203 million, resulting in a stable margin of 11.4 per cent, in line with outlook
The capacity expansion will help address the growing demand for antioxidants in the lubricants and plastics industries in Asia Pacific
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