Dickson PTL

Ceresana | February 28, 2020

Polyethylene is one of the top-selling standard plastics, its consumption continues to increase despite all environmental discussions. It is classified into different grades according to its density and the branching of its polymer chains: LDPE, LLDPE, and HDPE. Ceresana now publishes its third comprehensive analysis of the world market for low-density polyethylene (LDPE). This oldest polyethylene grade, which has been produced since 1939, is soft, tough, and flexible. LD...

Chemical Management

OCTAL and Alpek | June 02, 2022

Alpek, S.A.B. de C.V. announced that it has received all necessary approvals from the regulatory authorities and has finalized its acquisition of OCTAL Holding SAOC Pursuant to the purchase agreement, Alpek acquired 100% of the shares of OCTAL for U.S. $620 million on a debt-free basis. Financing was secured through a mix of free cash flow generated from existing businesses and dedicated bank loans. Alpek will assume control of OCTAL's operations starting ...

Chemical Technology

SOCMA | October 14, 2022

The Society of Chemical Manufacturers & Affiliates announces five new companies were approved for membership by its Board of Governors – Forquimica, Pflaumer Brothers, Synray, The ChemQuest Group, and Williams Mullen. Forquimica, a Brazil-based manufacturer of sustainable agricultural products, opened its first U.S. facility in Moultrie, GA. "We are excited to join SOCMA for its expert legislative and regulatory guidance as we set up our Georgia site," sa...

Chemical Management

Aramco | November 17, 2022

Aramco is making its biggest ever investment in South Korea to develop one of the world's largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, in line with the company's strategy to maximize the crude to chemicals value chain. The $7 billion Shaheen project aims to convert crude oil into petrochemical feedstock and would represent the first commercialization of Aramco and Lummus Technology's TC2C thermal crude to chemicals technology, w...