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Polymerupdate perpetual and fresh feed of latest happenings in the Petrochemical and Polymer Industry is presented through the Press Releases section, which help our clients to gain a good sense of the current trade environment. This information is instrumental for future strategies.

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PRESS RELEASES

Shriji Polymers (India) Limited announces buying of controlling stake in Parekhplast India Limited, one of the leading rigid plastic packaging manufacturers in India
07 Dec 2022

This is a strategic move by Shriji to expand its portfolio of business verticals, such as Consumer Goods Packaging, and consolidate its presence in ...


GPCA Legacy Award “Al-Rowad” Recognizes Mohamed Al-Mady at 16th Annual Forum
07 Dec 2022

Al-Mady was honored in a special award ceremony on the opening day of the forumThe 4th edition of the Gulf Petrochemicals and Chemicals Association (G...


UFlex showcases packaging solutions for pharma brands at CPHI & PMEC India 2022
07 Dec 2022

At the expo, the company exhibited ‘fast-tear strip foil,’ ‘PET-based cold form blister,’ ‘Child-Resistant and Senior-Friendly (CRSF) foil’ and hologr...


Ben Noteboom to be nominated as AkzoNobel Supervisory Board member with intention to elect as Chair
07 Dec 2022

AkzoNobel has announced that Ben Noteboom will be nominated as a member of the Supervisory Board at the Annual General Meeting being held in April 202...


Johnson Matthey’s Perstorp, Sweden site to expand by 50% to meet increasing demand for formaldehyde
07 Dec 2022

Johnson Matthey (JM), a global leader in sustainable technologies, has announced the expansion of its manufacturing facility in Perstorp, Sweden, to m...


ExxonMobil doubles polypropylene production at Baton Rouge
07 Dec 2022

ExxonMobil announced the successful startup of its new polypropylene production unit at the Polyolefins Plant in Baton Rouge, Louisiana.- Startup of n...


Evonik launches plant-based squalene to boost vaccine efficacy
07 Dec 2022

- Sustainable alternative to squalene extracted from shark liver oil- Adjuvant component for parenteral drug delivery applications- Increases share of...


SABIC’S new ULTEM™ DT1820EV resin enables cost-effective stunning metallization to uplift consumer electronics designs
07 Dec 2022

SABIC, a global leader in the chemical industry, today launched a new grade of ULTEM™ resin that can assist designers in elevating the styling and aes...


Teijin Frontier Develops Practical, Highly Biodegradable PLA Resin that will Help to Reduce Microplastics
07 Dec 2022

Teijin Frontier Co., Ltd., the Teijin Group’s fibers and products converting company, announced that it has developed a practical polylactic acid (PLA...


PETRONAS Carigali Makes Significant Oil and Gas Discovery at Block SK306, Off Coast of Sarawak
07 Dec 2022

PETRONAS Carigali Sdn Bhd (PCSB), a wholly-owned subsidiary of PETRONAS, announced an oil and gas discovery at the Nahara-1 well in Block SK306, locat...


ADNOC Signs Food Catering Agreements Worth Over AED1 Billion with Four UAE Companies
07 Dec 2022

Over 50% of contracts value will flow back into the UAE economy through ADNOC’s In Country Value program and will support growth of the UAE food indus...


ADNOC Accelerates Delivery of Low Carbon Growth Strategy to Continue Responsibly Meeting Global Energy Needs
07 Dec 2022

ADNOC moves rapidly to operationalize board approved expansion in new energies and low carbon solutionsADNOC committed to Net Zero by 2050 target as i...


UAE President and Malaysia’s King witness Signing of Middle East’s First Unconventional Oil Concession between ADNOC and PETRONAS
07 Dec 2022

Historic award marks the first time a Malaysian company will invest in an Abu Dhabi ConcessionPETRONAS to bring its global experience in unconventiona...


Alpla's Canupak reduces carbon emissions by around 71 per cent
07 Dec 2022

The packaging and recycling specialist ALPLA has realised a carbon-optimised prototype solution as a showcase for future products with its innovative ...


First Progress Report on TotalEnergies Foundation's Call for Partners: 26 High Social Impact Projects Serving 55,000 Young People
06 Dec 2022

Since 2020, TotalEnergies Foundation's annual call for partners has given new associations an opportunity to present their projects in the area of Edu...


ALPLA’s Canupak reduces carbon emissions by around 71 percent
06 Dec 2022

Ultralight prototype packaging system for beauty care products with a bottle made entirely of rHDPEThe packaging and recycling specialist ALPLA has re...


Red Sea National Petrochemical Company Selects KTS PTA P8 ++
06 Dec 2022

Koch Technology Solutions (KTS) UK Limited, technology licensing group of Koch Engineered Solutions, and Red Sea National Petrochemicals Company (Red ...


Green Hydrogen truck means Zero CO2 emissions for INEOS Inovyn PVC deliveries between Tavaux and Dijon
06 Dec 2022

- INEOS Inovyn is to become the first company in Europe to use a hydrogen truck for PVC transportation. The new truck was presented at this year’s INO...


Axens Achieved the Guaranteed Performance of its First Ethanol-to-Ethylene Atol® Plant with Sumitomo Chemical
06 Dec 2022

In May 2022, Axens have demonstrated the successful start-up of the first ethanol-to-ethylene pilot plant based on Axens Atol® technology with Sumitom...


KRAIBURG TPE thermolast® H TPE for medical valve applications
06 Dec 2022

Medical valves control or deliver fluids (liquids and gases) and are essential in operating rooms, intensive care units, outpatient facilities, labora...


Second BOBST Metallizer Installed at Polyplex Indonesia Within Two Years
06 Dec 2022

An EXPERT K5 3650 installed at PT Polyplex Indonesia at the end of last year has enabled the company to meet their customers’ demand and support new a...


Dow launches V PLUS Perform™ next to address the construction insulation industry's sustainability transition
06 Dec 2022

New offering combines all the features of legacy V PLUS Perform™ with low carbon, circular ingredients designed to customer specificationsDow announce...


New additive TEGO® Powder Aid D01 improves powder coating formulations in many ways
06 Dec 2022

Evonik Coating Additives has developed a new, multifunctional polymer additive for powder coating formulations: TEGO® Powder Aid D01 makes the formula...


Solvay and AIST in Japan to promote diverse next generation talents in STEM
06 Dec 2022

Solvay and the National Institute of Advanced Industrial Science and Technology (AIST) will provide exchange programs in STEM education (science, tech...


Nouryon expands global alkoxylation network with addition of plant in Singapore
06 Dec 2022

Nouryon announced that it has expanded its alkoxylation footprint in Southeast Asia through an asset purchase on Jurong Island, Singapore. The acquire...


Shell plc third quarter 2022 Euro and GBP equivalent dividend payments
05 Dec 2022

The Board of Shell plc announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2022 interim dividend, whic...


TotalEnergies and Air France-KLM sign a Memorandum of Understanding to supply sustainable aviation fuel for 10 years
05 Dec 2022

TotalEnergies and Air France-KLM have signed a Memorandum of Understanding (MoU) for the delivery of more than one million cubic metres/800,000 tonnes...


Atlas Copco has acquired a Chinese manufacturer of medical oxygen solutions
05 Dec 2022

Atlas Copco has acquired Shandong Meditech Medical Technology Co., Ltd., a manufacturer of onsite oxygen solutions for the healthcare market. The comp...


LG Chem Launches Asia’s First Plant Material-based Eco-friendly ABS
05 Dec 2022

- ABS product with highest market share in the world; eco-friendly product with plant-based materials- First ABS in Asia that acquired the eco-friendl...


Umicore and PowerCo explore long-term strategic supply agreement for EV battery materials in North America
05 Dec 2022

Umicore and PowerCo, Volkswagen’s battery company, aim to extend their collaboration in battery materials and are exploring a strategic long-term supp...


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