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Laredo Petroleum, Inc. | August 18, 2022
Laredo Petroleum, Inc. announced the signing of a purchase and sale agreement to divest certain non-operated properties in Howard County for $110 million, subject to customary closing price adjustments. The transaction is expected to close in October 2022, with an effective date of August 1, 2022. The non-operated assets comprise ~1,650 net acres and have expected full-year 2023 average net production of ~1,800 BOEPD. The Company plans to adjust production guidance post the closin...
Agilyx | January 24, 2020
Agilyx is a multifaceted waste polymer recycling company, developing technologies to convert non-recyclable polyolefins and polystyrene into synthetic crude oil. After the price of crude oil dropped to $40 per barrel, they adapted to this new environment by developing as well as developing the first fully circular chemical recycling system for polystyrene, known as the Agilyx Polystyrene to Styrene Monomer system (PSM). Compared to polyolefins, polystyrene is easily depolymerised back into the m...
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...
American Chemistry Council | September 02, 2021
The leaders of two of the world's largest plastic makers today called for a global agreement among nations to eliminate plastic waste in the environment, urging governments and stakeholders worldwide to press for a treaty resolution at upcoming United Nations meetings. Dow Chairman and CEO Jim Fitterling and LyondellBasell CEO Bob Patel participated in today's Wall Street Journal special event "Getting There: A Global Agreement to End Plastic Waste." They spoke o...
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