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BASF | January 22, 2020
German chemical giant BASF is investing $45 million to build a production plant that will create more than 25 jobs, the company said on Wednesday (Jan 22). The new plant is part of the company's plan to expand its agricultural solutions business in Asia Pacfic, said Mr Gustavo Palerosi Carneiro, the head of BASF's agricultural solutions business in the region.The plant, which is expected to be completed by September next year (2021), will supply the company's patented crop protection...
Novinite | January 23, 2020
Production of industrial chemicals in the European Union (EU) increased in 2018 compared with the previous 3 years, but it is still at lower levels than in 2004, Eurostat data showed. The total production of industrial chemicals peaked at 330 million tonnes in 2007 (a 6.1 % increase since 2004), prior to the financial and economic crisis. Production then fell sharply between 2007 and 2009, reaching a low of 270 million tonnes (a total decline of about 18 %), before rebounding to 300 million tonn...
Lucite International | October 28, 2020
Lucite International (LI) and Agilyx Corporation, a pioneer in the advanced recycling of post-use plastics, announced today plans to pursue a commercial-scale trial for the recycling of PMMA, commonly known as acrylic, at Agilyx's Tigard, Oregon facility. Following the success of an initial smaller-scale trial using Agilyx's molecular recycling technology, LI, with the support of parent company, Mitsubishi Chemical Corporation (MCC), will further advance its collaboration with Agilyx to ...
Rebound Ltd. | February 11, 2022
Abu Dhabi’s International Holding Company (IHC) announced the establishment of Rebound Ltd to create an innovative solution to reduce the world's plastic pollution. The new subsidiary will launch Rebound Plastic Exchange, the global quality-assured trading platform for plastic feedstock that enables buyers and sellers to efficiently trade recycled plastic with trust and confidence.
Scheduled to open for trading in mid-2022, Rebound Plastic Exchange will introduce globall...
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