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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: Latest Updates & Market Trends

JGC Holdings Corporation - Additional Technology Transfer Order Received in Basra Refinery Upgrading Project
07 Feb 2025

-  Supporting economic and social development in Iraq with a prompt start in the largest Middle East ODA projectJGC engineers with South Refineries pe...


Sumitomo Corporation - Memorandum of Understanding with Fortera Corporation for the Project Feasibility Study of a Low-Carbon Cement Production
07 Feb 2025

- Project commences to explore commercialization in Japan achieving 60% reduction in CO2 emissionsSumitomo Corporation has signed a memorandum of unde...


Trinseo and Lapo Jointly Develop Lenses Containing Recycled PMMA Material
07 Feb 2025

Lapo Srl, a global leader in eyewear lenses manufacturing, and Trinseo, a specialty and sustainable material provider, announced their collaboration t...


Honeywell Announces Intent to Separate Automation and Aerospace, Enabling the Creation of Three Industry-leading Companies
07 Feb 2025

• Honeywell Automation will be a pure play automation leader with global scale and a vast installed base• Honeywell Aerospace will be a premier techno...


BOBST boosts connectivity and automation with the new generation of EXPERTFOLD 50/80/110
07 Feb 2025

The global leader in printing and converting equipment and services is continuing the development of its folding-gluing machine range by implementing ...


Johnson Matthey and Bosch agree long-term collaboration on development of zero-emission hydrogen technology
07 Feb 2025

Johnson Matthey (JM) - a global leader in sustainable technologies - and Bosch a leading supplier to the automotive industry - have agreed terms to ac...


BP Europa SE to seek potential buyers for Ruhr Oel GmbH – BP Gelsenkirchen
07 Feb 2025

• BP Europa SE intends to market Ruhr Oel GmbH – BP Gelsenkirchen and associated refinery assets. • The marketing process will begin immediately with ...


BASF introduces first superabsorbent polymer with product carbon footprint of zero
07 Feb 2025

• First polyacrylate based superabsorbent polymer (SAP) marketed with a product carbon footprint (PCF) of zero for the hygiene industry• Combination o...


BASF - For sustainable sound absorption: the world’s first high-quality melamine resin foam with a reduced PCF
07 Feb 2025

• New Basotect® EcoBalanced has an up to 50% lower Product Carbon Footprint (PCF) than respective standard grades• Produced with 100% green electricit...


BASF Coatings implements 100% renewable electricity at key sites in North America
07 Feb 2025

• Use of 100% renewable electricity successfully implemented at the Greenville, Ohio and Blackman Township, Michigan sites as of January 2025• Anticip...


BASF prepares for the launch of a novel rice insecticide with the registration of Prexio® Active
07 Feb 2025

• Registrations for Prexio® Active submitted in key Asia Pacific markets including Indi• Advanced mode of action designed specifically to target the f...


PureCycle Technologies - Churchill Introduces "Run It Back" Line of Cups and Containers Made with Recycled Resin
07 Feb 2025

- PureCycle Technologies, Inc. and Churchill Container, announced a new line of cups manufactured primarily with recycled PureFive™ resin.PureCycle Te...


Archroma - Monforts Montex with Baldwin TexCoat™ G4 technology now available for trials
07 Feb 2025

Monforts has completed the installation of a Baldwin TexCoat™ G4 digital spray unit at its Advanced Technology Center (ATC) in Mönchengladbach, German...


Husky - Choosing the right equipment supplier to successfully integrate more rPET material into your packaging
06 Feb 2025

The shift to recycled PET (rPET) is more than just a trend – it’s a strategic, cost-effective move that aligns with consumer demand. Transitioning to ...


LANXESS expands Scopeblue portfolio: New micronized yellow pigments with a reduced carbon footprint
06 Feb 2025

- Ideal for high-end applications in the paint and coatings industry- Making value chains more sustainableSpecialty chemicals company LANXESS will off...


JGC Japan have invested in IONATE through CVC fund, a startup company developing and licensing innovative transformers
06 Feb 2025

JGC Holdings Corporation (Masayuki Sato CEO) and JGC Corporation (Yasuharu Yamaguchi CEO) announced the decision to invest in IONATE Limited through t...


HRH Governor of the Eastern Province honors Tasnee as a sponsor of the ICLC6 2024
06 Feb 2025

HRH Prince Saud bin Naif bin Abdulaziz, the Governor of the Eastern Province, honored Tasnee at the Eastern Province headquarters on Tuesday, February...


PT Pertamina - Supporting Energy and Food Self-Sufficiency, Pertamina Builds 159 Desa Energi Berdikari
06 Feb 2025

PT Pertamina (Persero), as a state-owned enterprise (SOE), continues to actively support energy and food self-sufficiency at the village level through...


Chandra Asri Group Shares Insights on Energy Transition in Energy Sovereignty School
06 Feb 2025

PT Chandra Asri Pacific Tbk (Chandra Asri Group) participated as a speaker in the Energy Sovereignty School with the theme "Youth as the Catalyst for ...


AkzoNobel launches game-changing waterborne basecoat for bodyshops
06 Feb 2025

A new generation waterborne basecoat for vehicle repair which can significantly improve bodyshop productivity and performance has been developed by Ak...


BASF launches xarvio ® FIELD MANAGER For Fruits & Veggies
06 Feb 2025

• Initial crop expansion to support wine and table grape cultivation in key European and Turkish markets for the 2025/26 season• More fruits and veget...


Petrobras hires drilling rigs to build new wells in onshore fields in Bahia
06 Feb 2025

- Equipment will expand onshore oil and gas production in the statePetrobras' Director of Engineering, Technology and Innovation, Renata Baruzzi, and ...


Ashland announces compliance of viatel™ lactide/glycolide polymers versus upcoming LG polymer USP-NF monographs.
06 Feb 2025

Ashland, a premier specialty materials company, is pleased to announce compliance with the upcoming Lactide (or lactic acid) and Glycolide (or glycoli...


Arkema announces new graphic arts center of excellence for photocurable technologies in Wetherby, UK
06 Feb 2025

Arkema, a global leader in specialty materials, proudly announces the new state-of-the-art center of excellence for graphic arts in Wetherby, UK. This...


McDermott Completes Offshore Project in East Malaysia Ahead of Schedule
05 Feb 2025

McDermott announces the safe and successful completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift pro...


Colombian compressor distributor business in Cali has become part of Atlas Copco Group
05 Feb 2025

The compressor distributor business of Maquinarias y Tecnologías S.A.S. (“Maq&Tec”) has become part of Atlas Copco Group.The Maq&Tec business is locat...


Neste and DHL Group to tighten collaboration to reduce logistics emissions
05 Feb 2025

• Companies will jointly evaluate how Neste’s renewable solutions may support DHL Group in making its entire logistics chain as sustainable as possibl...


Fluor Joint Venture Awarded Engineering, Procurement and Construction Management Services Contract for BHP’s Olympic Dam Smelter & Refinery Expansion Project in South Australia
05 Feb 2025

Fluor Corporation announced that its Mining & Metals business was awarded a joint venture contract with Hatch to perform engineering, procurement and ...


Clariant - Lugman Group withdraws from purchase of “Industrial Park Fechenheim”
05 Feb 2025

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LRClariant, a sustainability-focused specialty chemical company, announced that due to the execution of certai...


BOBST - Life cycle assessment confirms BOBST oneBARRIER as superior packaging choice
05 Feb 2025

BOBST oneBARRIER technology enables printers and converters to deliver flexible packaging that aligns with brand owners’ sustainability goals and comp...


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