Search Results for: polymers

Neste Recognized with Leadership Status and A− Rating by CDP for Climate Actions

(IN BRIEF) Neste has achieved Leadership status and an A− rating for its climate actions in the annual assessment conducted by the global non-profit organization CDP. This recognition is for Neste’s environmental transparency and climate performance. The company has consistently … Read the full press release

Wacker Chemie Reports Significant Decline in Sales and Earnings for 2023 Amid Weak Market Conditions

(IN BRIEF) Wacker Chemie AG has announced a substantial year-over-year decline in its 2023 sales and earnings due to a persistently weak market environment. Preliminary figures show the company’s sales dropped by 22 percent to approximately €6.40 billion, primarily attributed … Read the full press release

Renewable Heating Solution: Neste and PVG’s Co-Processed Kerosene

(IN BRIEF) Neste has joined forces with PVG, a leading European home climate solutions provider, to introduce a sustainable heating liquid for portable fuel heaters. The co-processed odorless heating kerosene from Neste offers consumers a cleaner alternative to fossil-based heating … Read the full press release

Evonik Launches VISIOMER® HEMA-P 100: An Innovative Flame Retardant Monomer

(IN BRIEF) Evonik has introduced VISIOMER® HEMA-P 100, a groundbreaking phosphate methacrylate monomer known for its nonmigratory and long-lasting effects. This innovative monomer enhances transparency while providing flame retardancy, improved adhesion, and corrosion reduction. It serves as an effective adhesion … Read the full press release

Covestro Partners with Encina for Circular Chemicals Supply in Sustainability Drive

(IN BRIEF) Covestro, a leading global high-performance polymer company, has entered into a long-term supply agreement with Encina, a US-based producer of ISCC PLUS certified circular chemicals. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life … Read the full press release

BASF Launches Irgastab® PUR 71: A Sustainable and High-Performance Anti-Scorch Solution

(IN BRIEF) BASF has introduced Irgastab® PUR 71, an innovative anti-scorch solution designed to meet regulatory standards and deliver exceptional performance without the use of aromatic amines, addressing the limitations of conventional additives. In the manufacturing of polyurethane foams, the … Read the full press release

BASF and Heidelberg University Commit to Advancing Sustainable Chemistry with Catalysis Research Lab (CaRLa) Extension

(IN BRIEF) BASF and Heidelberg University have extended their partnership for another five years to continue operating the Catalysis Research Laboratory (CaRLa) until 2028. CaRLa, founded in 2006, focuses on homogeneous catalysis and organic synthesis, with the aim of developing … Read the full press release

Arkema Expands its Portfolio with 54% Stake Acquisition in PI Advanced Materials

(IN BRIEF) Arkema has completed the acquisition of a 54% stake in PI Advanced Materials (PIAM), a South Korean company specializing in polyimide films for advanced electronics and electric mobility markets. PIAM holds a dominant global market share of over … Read the full press release

Eppendorf’s BioBased Lab Consumables Offer Sustainable Alternatives Powered by Neste

(IN BRIEF) Eppendorf, a laboratory equipment manufacturer, has partnered with Neste, a renewable solutions company, to create Eppendorf Consumables BioBased, a line of lab consumables made from 100% renewable raw materials. These products, including tubes and pipette tips, offer a … Read the full press release

KORE Insulation Introduces Low Carbon EPS Insulation for High-Efficiency Housing Development in Northern Ireland

(IN BRIEF) KORE Insulation has launched its low carbon EPS insulation, which has been selected for use in the Cloughan View housing development in Ballyclare, Northern Ireland, comprising 127 units and developed by the Braidwater Group. The high energy efficiency … Read the full press release

Renewable Energy Boost: Neste Secures Solar Power Supply for Porvoo Operations

(IN BRIEF) Neste, a global renewable fuels and sustainable solutions leader, has signed an important solar power purchase agreement with CPC Finland Oy. This deal will provide solar power to Neste’s Porvoo refinery in Finland, starting in spring 2024. The … Read the full press release

Neste Collaborates with Altens and Bolloré Energy to Introduce Renewable Diesel in France

(IN BRIEF) Neste is teaming up with French fuel distributors Altens and Bolloré Energy to introduce Neste MY Renewable Diesel™ to the French market starting in January 2024. This collaboration aims to significantly reduce greenhouse gas emissions in the transportation … Read the full press release

Neste and Emirates Team Up for Groundbreaking Air Travel with A380 SAF Engine Trial

(IN BRIEF) Emirates has conducted a pioneering Airbus A380 demonstration flight with one engine powered by Neste’s sustainable aviation fuel (SAF). This milestone demonstrates SAF’s compatibility and potential as a sustainable alternative to traditional jet fuel. The flight, which took … Read the full press release

Neste and Hightowers Petroleum Partner to Provide High-Quality Renewable Diesel in Midwest

(IN BRIEF) Neste has teamed up with Hightowers Petroleum to offer Neste MY Renewable Diesel™ in the Midwest region. This strategic partnership aims to meet the growing demand for lower-emission fuels, particularly from the automotive industry. Neste MY Renewable Diesel, … Read the full press release

Neste, Mitsui Chemicals, and Prime Polymer Collaborate to Create Sustainable Food Packaging for CO-OP

(IN BRIEF) Neste, Mitsui Chemicals, and Prime Polymer have joined forces to develop sustainable food packaging solutions for CO-OP, a brand under the Japanese Consumers Co-operative Union (JCCU). In the initial phase of this partnership, bio-based raw materials will replace … Read the full press release

Arkema Showcases Sustainable Coating Solutions at Chinacoat 2023

(IN BRIEF) Arkema, a global leader in specialty materials, is set to exhibit its innovative and sustainable coating solutions at Chinacoat 2023 in the Shanghai New International Expo Centre (SNIEC) from November 15th to 17th. The company is committed to … Read the full press release

BASF Expands Ultrasim® Simulation Portfolio to Optimize Particle Foam Component Manufacturing

(IN BRIEF) BASF is enhancing its Ultrasim® simulation portfolio to include the manufacturing process of components made from particle foam, specifically designed for Infinergy®, an expanded thermoplastic polyurethane (E-TPU) used in various applications like bicycle tires and shoe soles. Ultrasim® … Read the full press release

BASF and Teamplas Collaborate to Enhance Recycling Quality and Create High-Value Products from Post-Consumer Waste

(IN BRIEF) BASF, a global chemical company, and Teamplas Group, a leading Southeast Asian recycled pellets manufacturer, have partnered to improve the recycling process and create high-quality office equipment and car interior parts from post-consumer waste. Teamplas uses BASF’s IrgaCycle® … Read the full press release

Henkel Adhesive Technologies Recognizes Strategic Partners with Annual Supplier Awards

(IN BRIEF) Henkel Adhesive Technologies has presented its annual Supplier Awards to recognize the successful collaboration with its strategic partners for the 10th consecutive year. In 2023, awards were given to Kraton, Wanhua, and Kolon in the categories of Sustainability, … Read the full press release

Covestro and Xinquan Forge Global Partnership to Drive Automotive Innovation and Sustainability

(IN BRIEF) German materials manufacturer Covestro has announced a global partnership with Chinese automotive trim company Xinquan Automotive during the China International Import Expo in Shanghai. This strategic alliance aims to strengthen Xinquan’s presence in North America, Europe, and ASEAN … Read the full press release

BASF and 3Helix Partner to Commercialize Innovative Anti-Aging Technology

(IN BRIEF) BASF, a global chemical company, has entered into an innovation partnership with 3Helix Inc., a U.S.-based technology start-up, to leverage 3Helix’s proprietary CHP (Collagen Hybrid Peptides) technology. This collaboration involves an equity investment and licensing agreement, granting BASF … Read the full press release

Neste Announces Restructuring Plans to Boost Efficiency and Growth

(IN BRIEF) Neste, a renewable energy company, is undergoing organizational changes to enhance cost-efficiency and long-term competitiveness. It plans to merge renewable business units, resulting in 400 job cuts and EUR 50 million in annual savings, aiming for over MEUR … Read the full press release

Versalis Breaks Ground on Demo Plant for Innovative Hoop® Technology for Plastic Recycling

(IN BRIEF) Versalis, the chemical company of Eni, has commenced the construction of a demonstration plant in Mantua, Italy, to advance its proprietary Hoop® technology for the chemical recycling of mixed plastic waste. Collaborating with Italian engineering company S.R.S. and … Read the full press release

thyssenkrupp Uhde to Supply Green Methanol and Methanol-to-Gasoline Plant for ENOWA’s Sustainable Fuel Production in Saudi Arabia

(IN BRIEF) thyssenkrupp Uhde has secured a contract from ENOWA to provide engineering services and equipment for a CO2-to-methanol and methanol-to-gasoline demonstration plant in Saudi Arabia. The plant, a joint project by ENOWA and Aramco, will use the uhde® green … Read the full press release

BASF’s €25 Million Investment Boosts Superabsorbent Polymer Innovation in Antwerp

(IN BRIEF) BASF has officially launched its Superabsorbents Excellence Center at the Antwerp site in Belgium, following a €25 million investment. This facility demonstrates BASF’s commitment to the hygiene industry within its acrylics value chain. The center is equipped with … Read the full press release

BASF’s Care Chemicals Initiative Takes a Sustainable Leap at SEPAWA Congress

(IN BRIEF) BASF is set to unveil its latest solutions for the home care, industrial & institutional cleaning, and personal care markets at the SEPAWA Congress in Berlin from October 25 to 27. The offerings are part of BASF’s Care … Read the full press release

Evonik Introduces INFINAM® eCO PA12, Pioneering Sustainable 3D Printing with Bio-Circular Raw Material

(IN BRIEF) Evonik, a leading specialty chemicals company, is driving the circular plastics economy in additive manufacturing by introducing INFINAM® eCO PA12, the world’s first PA12 powder material for industrial 3D printing that substitutes 100 percent of fossil feedstock with … Read the full press release

Evonik Launches GMP Production of Plant-Based Squalene PhytoSquene® for Pharmaceutical Use

(IN BRIEF) Evonik’s life sciences division, Nutrition & Care, has introduced GMP (Good Manufacturing Practices) production of PhytoSquene®, a non-animal-derived squalene derived from amaranth oil. PhytoSquene® offers a sustainable alternative to squalene sourced from shark liver oil and is intended … Read the full press release

Investor Conference: Neste’s Q3 2023 Earnings Report Date Revealed

(IN BRIEF) Neste, a leader in renewable and sustainable solutions, will release its financial results for the third quarter of 2023 on October 26, 2023, at 9 a.m. (EET) on its website. Additionally, Neste will host an investor conference call … Read the full press release

BASF Announces Sustainable Beauty Days 2023 to Explore Eco-Friendly Practices in Personal Care

(IN BRIEF) BASF is hosting Sustainable Beauty Days 2023 on November 15 and 16, offering interactive sessions on sustainability topics. Thought leaders, scientists, and industry professionals will discuss sustainability trends, the intersection of sustainability and digitalization, new ingredient developments, and … Read the full press release

Julien Bras of Grenoble INP-UGA Receives Arkema-Académie des sciences Prize for Sustainable Materials Innovation in Chemistry

(IN BRIEF) Julien Bras, a professor at Grenoble INP-UGA, has been awarded the Arkema-Académie des sciences prize for innovation in chemistry for sustainable materials. This prestigious award, financed by Arkema, recognizes exceptional research contributing to innovative chemistry for sustainable and … Read the full press release

BASF’s Antwerp Site Sees Major Expansion in Ethylene Oxide Capabilities

(IN BRIEF) BASF, a leading chemical company, has expanded its production capacities for ethylene oxide and its derivatives at its Antwerp site in Belgium. This investment adds approximately 400,000 metric tons per year to the company’s production capacity for these … Read the full press release

Rilsan® Polyamide 11: Arkema’s Sustainable Leap with a 46% Carbon Reduction

(IN BRIEF) Arkema Group has achieved a significant 46% reduction in the carbon footprint of its bio-based Rilsan® polyamide 11 grades, reaching less than 2 kg CO2e/kg. This reduction is attributed to the use of renewable and low carbon energy … Read the full press release

BASF Celebrates 25 Years of ecoflex® Biopolymer, Pioneering Sustainability in Plastics

(IN BRIEF) BASF marks the 25th anniversary of ecoflex® (PBAT: polybutylene adipate terephthalate), the world’s first biodegradable and certified compostable polymer introduced to the plastics market in 1998. Over the years, ecoflex® has gained trust and recognition for its consistent … Read the full press release

Borealis and TotalEnergies Expand Petrochemical Venture with New Baystar Polyethylene Unit

(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release

TotalEnergies and Borealis Enhance U.S. Petrochemical Presence with New Baystar Polyethylene Unit

(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release

SUEZ Strengthens UK Presence with Acquisition of DCW, Expanding Recycling and Waste Management Offerings

(IN BRIEF) SUEZ recycling and recovery UK has acquired DCW (Devon Contract Waste), an independent recycling and waste management company based in the south west of England. This acquisition is part of SUEZ’s strategy to expand its presence in the … Read the full press release

Arkema Invests €50 Million to Boost Organic Peroxide Production for Renewable Energy Initiatives in China

(IN BRIEF) Arkema, a global leader in specialty chemicals, has announced a substantial €50 million investment to expand its organic peroxide production capacities at its Changshu site in China. This strategic move, which is part of the company’s global expansion … Read the full press release

BASF Launches Epispot™, a Sustainable Cosmetic Ingredient for Blemish-Prone Skin, Aligning with the #NoFilter Beauty Trend

(IN BRIEF) BASF Personal Care has introduced Epispot™, a sustainably sourced cosmetic ingredient designed to enhance the beauty and self-confidence of individuals with blemish-prone skin, a common issue affecting people worldwide regardless of gender, age, or ethnicity. Epispot addresses the … Read the full press release

Shareholder Value: Neste Declares Second Extraordinary Dividend of EUR 0.25

(IN BRIEF) Neste, a Finnish company, has decided to pay a second extraordinary dividend of EUR 0.25 per share, in addition to the regular dividend approved at its Annual General Meeting in March. The second extraordinary dividend will be paid … Read the full press release