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Latest News: Sustainability

Lloyd’s Register helps create a new standard to tackle plastic waste

Lloyd’s Register (LR; London; www.lr.org) has joined the 3R Initiative to help its members develop a new ‘Project Standard’ designed to tackle the global issue of plastic waste. The 3R (Reduce, Recover and Recycle) Initiative was founded in 2019 by…

Vow and Unipetrol to set up plastics-to-fuel pyrolysis pilot in the Czech Republic

Vow ASA (Lysaker, Norway; www.vowasa.com), through its subsidiary ETIA, has been awarded a contract to provide a pyrolysis testing unit for processing of waste plastics and polymers for Unipetrol in the Czech Republic. Unipetrol is a part of PKN ORLEN group,…

Mitsubishi Chemical to boost recycling of engineering plastics with two acquisitions

Mitsubishi Chemical Corporation (MCC; Tokyo; www.m-chemical.co.jp) will acquire two Swiss engineering plastics recyclers, Minger Kunststofftechnik AG and Minger Plastic AG (collectively, the Minger Group, headquartered in Appenzell, Switzerland), through its group company Mitsubishi Chemical Advanced Materials (MCAM; Head office: Zurich,…

Yara and Engie to conduct feasibility study for renewable hydrogen production

Collaboration partners Yara International ASA (Oslo, Norway; www.yara.com) and ENGIE have received $995,000 in funding from the Australian Renewable Energy Agency (ARENA) towards their feasibility study, which is examining the potential to make renewable hydrogen technology work in industrial-scale facilities.…

Versalis launches chemical recycling project in Italy

Versalis (San Donato Milanese, Italy; www.versalis.eni.com) has launched a new project focused on the development of a new technology to chemically recycle plastic waste. Versalis signed a joint development agreement with Italian engineering company, Servizi di Ricerche e Sviluppo (S.R.S.),…

Ineos partners with plastics-recycling firm Forever Plast

INEOS’ (London; www.ineos.com) Olefins & Polymers business has announced a partnership with Forever Plast SpA, a leading polymer recycling technologies operator in Italy. Together they have developed a range of new Polyethylene grades that mirror INEOS virgin grades and perfectly…

Maire Tecnimont’s NextChem business to license Saola Energy’s renewable diesel technology

Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) has announced that its group company focused on the energy transition, NextChem, will cooperate with Saola Energy LLC (Wichita, Kan.; www.saolaenergy.com) to license a technology for the production of renewable diesel, suitable for both…

BASF launches blockchain pilot project for plastics recycling in British Columbia

BASF SE (Ludwigshafen, Germany; www.basf.com) announced the launch of its pilot platform reciChain in the province of British Columbia (BC), Canada, as a response to one of the most pressing environmental challenges – plastic waste. The pilot project will introduce…

BASF further invests in Europe to strengthen global leadership position for battery materials for electric vehicles

BASF SE (Ludwigshafen, Germany; www.basf.com) is announcing a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain. This state-of-the art plant will produce cathode active…

Joint venture formed for production of bio-based levulinic acid

Towell Engineering Group (Muscat, Oman; www.towellengineering.com) and GF Biochemicals (Geleen, the Netherlands; www.gfbiochemicals.com) announced the formation of a joint venture (JV) for the production and marketing of biochemicals using GF Biochemicals proprietary technology.The aim of the JV, NXTLEVVEL Biochem (Geleen,…