Monday, November, 19, 2018 02:53:57

Chevron Corporation and PTTEP to compete in Thai petroleum auction

The California-based oil and energy company Chevron Corporation and PTT Exploration & Production (PTTEP) are reportedly set to compete at an auction for the Erawan and Bongkot petroleum concessions. Reports claim, the two organizations have already submitted their bids to the government of Thailand. Reportedly, …

AkzoNobel Specialty Chemicals completes acquisition of Polinox

AkzoNobel Specialty Chemicals, a leading provider specialty chemicals and cure systems has recently completed the takeover of Brazil’s Polinox SA, South America’s foremost producer of ketone peroxides. As per sources, the acquisition would expand AkzoNobel’s footprint in South America, furthering it as one of the region’s …

Indorama ties up with Loop Industries to produce sustainable PET resin

The Thailand-based leading petrochemical company Indorama Ventures has reportedly announced that it has formed a joint venture (JV) with Canadian sustainable polyester technology and plastic resin making firm, Loop Industries. Reports claim, the two companies aim to produce and commercialize sustainable PET resin and polyester …

Amcor to invest $25 million to expand Madison-based packaging plant

The Australia-based flexible packaging company Amcor has reportedly announced that it is planning to invest over $25 million to expand and upgrade Madison, Wisconsin facility. Reports claim, the expansion would begin later this year and will continue into 2019. Reportedly, the project includes upgradation of …