Basic Chemical Industries

Chemical Management

Albemarle Corporation | February 09, 2022

Albemarle Corporation a leader in the global specialty chemicals industry, announced today that it has signed a non-binding letter agreement with Mineral Resources Limited to explore a potential expansion of the MARBL Lithium Joint Venture. "The expansion of MARBL would be consistent with our corporate strategy to pursue profitable growth and to be disciplined stewards of capital. Broadening our partnership with MRL would allow us to expand lithium conve...

Wastedive | August 03, 2020

A new report from the Global Alliance for Incinerator Alternatives (GAIA) pushes back on growing discussions around "chemical recycling" or processing strategies supported by the plastics industry. Entitled "All Talk and No Recycling: An Investigation of the U.S. 'Chemical Recycling' Industry," the report states the U.S. chemical recycling sector largely consists of plastic-to-fuel (PTF) operations rather than plastic-to-plastic (PTP) efforts. Some recycling stakehold...

Chemical Management, Market Outlook

Globenewswire | July 12, 2023

Ring Energy, Inc. announced it has entered into an agreement to acquire the Central Basin Platform (“CBP”) assets of Founders Oil & Gas IV, LLC (“Founders”) for $75 million in cash (the “Transaction”). Founders’ CBP operations are located in the Permian Basin in Ector County, Texas and are focused on the development of approximately 3,600 net acres that are similar to Ring’s CBP assets acquired in 2022 from Stronghold Energy Operating II,...

Chemical Management

PRNewswire | May 16, 2023

Global technology and software company Emerson has been chosen by Syzygy Plasmonics to automate its innovative catalyst reactor technology that uses light instead of thermal energy, such as heat generated from burning fossil fuels, for chemical manufacturing. The all-electric production method is designed to replace fossil fuel-based combustion, helping reduce industrial greenhouse gas emissions and operational costs while advancing global sustainability goals. Syzygy estimates its reactor...