Cyclyx International LLC., a consortium-based feedstock management company with a mission to increase the recycling rate of plastic from 10% to 90%, has announced it is developing a first-of-its-kind plastic recovery facility to process waste plastics for committed offtake associated…
Galp (Lisbon, Portugal) and Northvolt (Stockholm, Sweden) have agreed to set up a joint company, Aurora, with the main goal of establishing Europe´s largest and most sustainable integrated lithium conversion plant. The JV will develop a plant set to have…
Arkema S.A. (Colombes, France) has announced the proposed acquisition of Permoseal in South Africa, one of the leaders in adhesive solutions for woodworking, packaging, construction and DIY. Its well-known brands, including Alcolin, and its extensive range of high-performance adhesive solutions…
Kraton Corp. (Houston) announced that it has received the International Sustainability and Carbon Certification (ISCC) PLUS certification to produce ISCC Plus Certified renewable styrenic block copolymers (SBC) at their Berre, France facility. ISCC PLUS certification is a globally-recognized system that provides traceability…
Six Pines Investments LLC, a wholly-owned, sustainable investment subsidiary of Chevron Phillips Chemical Company LLC (CPChem; The Woodlands, Tex.) announced its equity investment in two leading circular plastics recyclers, Nexus Circular LLC and Mura Technology Ltd. In October 2020, CPChem announced…
Entegris, Inc. (Billerica, Mass.) and CMC Materials, Inc. (Aurora, Ill.) announced a definitive merger agreement under which Entegris will acquire CMC Materials in a cash and stock transaction with an enterprise value of approximately $6.5 billion. Under the terms of…
Versalis S.p.A. (San Donato Milanese), Eni’s chemical company, and BTS Biogas, an Italian company in the building and managing sector of biogas plants, have agreed to develop and commercialize an innovative technology for the production of biogas and biomethane from…
Honeywell (Charlotte, N.C.) plans to commercialize carbon capture technology created by researchers at The University of Texas at Austin that holds the promise of significantly reducing carbon dioxide emissions from many industrial sources. The technology reduces the cost of capturing…
Engie S.A. (La Défense, Courbevoie, France) and Equinor Energy AS (Stavanger, Norway) announced an MoU to develop low carbon hydrogen projects together. Now the two companies move forward and announce the H2BE project which aims to develop production of low-carbon…
Hive Hydrogen and Linde plc announced the establishment of a 780,000 ton/year $4.6bn Green Ammonia Plant with its own dedicated power supply at the Coega Special Economic Zone alongside the Port of Ngqura in South Africa. There is massive surge…