Acquisitions are one of the fastest ways to expand businesses and achieve corporate goals. It is even more visible in the case of the Perstorp Group acquisition by PETRONAS Chemicals Group (PCG). Moreover, PCG has also acquired BRB Group in 2019. With the acquisitions, PCG as well as Perstorp will have a significant gain in […]
Read MoreTo reduce carbon footprint, the role of equipment and process design will undoubtedly play an important role apart from the circularity concept. The collaboration of Mitsui Chemicals Group and Microwave Chemicals establishes an innovative technology to produce Carbon Fiber from PAN which uses ~50% less energy and a significant reduction in processing time. The technology […]
Read MoreCircularity is becoming one of the principal areas for the packaging industry to accomplish sustainability goals. The usage of conventional recycled materials may lead to multiple issues related to leaching and migrations, among others. Therefore, ExxonMobil has used advanced technology i.e., Exxtend™ technology for polyethylene materials and secured ISCC Plus certification. One of the leading […]
Read MoreDuPont today announced the introduction of new groundbreaking development – DuPont Kevlar MicroCore, a unique, high-temperature-resistant, superfine fiber material planned for use in battery separators to help address the growing demand for safer, higher-performing lithium-ion batteries for electric vehicles (EVs). Unlike other materials currently used in battery separators, Kevlar MicroCore is inherently non-flammable and won’t shrink—even at […]
Read MoreWith around 30 million mattresses being discarded in the EU alone each year, of which most end up in landfills or being incinerated, the search for a more sustainable end-of-life solution has intensified. Now, BASF has developed a chemical recycling process that could offer a more circular approach to the disposal of used mattresses. The […]
Read MorePolyOne Corporation has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne also announced that it has changed its name and will now be called Avient. The entry into the agreement to acquire the Clariant Masterbatch business was originally announced in December 2019. The Clariant Masterbatch business includes […]
Read MoreBerry Global Group, a plastic packaging producer based in Evansville, Indiana, has announced it is partnering with SABIC, a global chemistry industry leader based in Saudi Arabia, to drive the innovation and use of polyolefin resins made from chemical recycling. Earlier this year, Berry Global Group had announced its sustainability strategy called Impact 2025 in which […]
Read MoreHuntsman’s Performance Products division has appointed Azelis CASE as its sole distributor in the United States regions, for its portfolio of coatings, adhesives, sealants and elastomers (CASE) specialty products.
Read MoreThe companies signed an agreement that will advance the commercialization of Virent’s Bioforming process for the production of bio-paraxylene (PX), a key raw material for the production of renewable polyester
Read MorePropylene and ethylene are the starting points for many other processes, so production of these basic components will further strengthen Ineos’ raw materials position in the chemical industry and indeed many other industries in the country
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