Contribution By Paroma Bhattacharya
October 11, 2018
Nauticol Energy, a private company with a star-studded board of directors, has reportedly announced plans for a methanol manufacturing facility based in Grande Prairie, Alta, which falls in the heart of the province’s most active gas basin. As per trusted sources, the proposed methanol plant …
AkzoNobel Specialty Chemicals launched with new name Nouryon
October 10, 2018
AkzoNobel Specialty Chemicals has recently announced its new brand identity as Nouryon, marking its move to become an independent, global specialty chemicals company. Reportedly, the move follows the recent acquisition of the specialty business assets of AkzoNobel by The Carlyle Group and GIC in a …
Packaging giants team up to form new company focused on sustainability
October 9, 2018
MAUSER Group, BWAY, Industrial Container Services (ICS) and National Container Group (NCG) have reportedly announced the formation of Mauser Packaging Solutions, a single company created by combining the four packaging industry leaders. The company is aimed at bringing true sustainability at scale for global customers, …
Trump to revoke ban on higher-ethanol blends ahead of Iowa trip
October 8, 2018
U.S. President Donald Trump is expected to announce the revoking of a federal ban on summer sales of higher-ethanol mixed gasoline in Washington DC, ahead of a trip to Iowa. Sources familiar with the event reported that apparently, Iowa is the largest producer of ethanol …
Vietnam’s Petrolimex to halt Nam Van Phong Refinery operations
October 4, 2018
Vietnam’s petroleum and natural gas company, Petrolimex recently made plans to halt its about $5 billion Nam Van Phong petrochemical project. The project, jointly developed by Japan’s petroleum and metals conglomerate, JXTG Holdings, has been put on the backburner for now so that the firm …
Hengli Group to utilize P8 Technology of INVISTA for fifth PTA line
October 2, 2018
The China-based Hengli Petrochemical (Dalian) Company Limited has reportedly announced to have signed a deal with INVISTA Performance Technologies (IPT) to license the new purified terephthalic acid (PTA) process technology of INVISTA for its fifth PTA line. The latest PTA line and the fourth line …
Tesco trials reverse vending machine to collect used plastic bottles
September 30, 2018
Tesco, the British supermarket chain, in an effort to encourage customers to recycle used plastic bottles, has started a trial run for in-store recycling machines at Borehamwood. The reverse vending machine will pay customers 10 pence for each plastic bottle returned. Additionally, customers will soon …
Total invests to double polyethylene production at Bayport Polymers
September 27, 2018
Total, the French oil and gas major recently announced making a final investment in Bayport Polymers which is a venture between Total, Borealis of Austria and Nova Chemical of Canada. According to Total, Bayport Polymers plans to more than double its capacity of polyethylene production …