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Clariant | September 05, 2022
Clariant, a focused, sustainable, and innovative specialty chemical company announced that it has reached a definitive agreement for the divestment of its Quats business to Global Amines Company Pte. Ltd., a 50/50 joint venture owned by Clariant and Wilmar, Asia’s leading agricultural business and oleochemicals business globally.
This divestment is a further step in Clariant’s portfolio transformation to focus operations purely on specialty chemicals. Quats are quatern...
Chevron | February 23, 2022
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation and Bunge North America, Inc., a subsidiary of Bunge Limited announced the signing of definitive transaction agreements to create their previously announced joint venture. The new venture will create renewable feedstocks leveraging Bunge’s expertise in oilseed processing and farmer relationships and Chevron’s expertise in fuels manufacturing and marketing. The agreements are subject to customary closing conditions, including re...
Sasol | August 17, 2022
Sasol Chemicals, a business unit of Sasol Ltd. plans to double its use of green steam from a first of its kind biomass cogeneration facility adjacent to its Brunsbüttel, Germany facility.
Sasol Chemicals will lease land adjacent to its plant to Hamburger Energiewerke, Hamburg’s municipal utility, which plans to build the facility by the end of 2024. When fully operational in 2025, the plant will supply at least 70,000 megawatt hours of steam to Sasol each year, enabling...
I.C.I.S | May 13, 2021
LyondellBasell plans to significantly expand its global presence in both mechanical and molecular (chemical) recycling of waste plastics, with the United States, China, and ultimately India as the next priorities, according to its CEO on Tuesday.
LyondellBasell and SUEZ extended their Quality Circular Plastics (QCP) joint venture focusing on mechanical recycling in December 2020 with the acquisition of Belgium-based plastics recycling firm TIVACO, increasing the overall ability fo...
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