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NOVA Chemicals | October 21, 2020
NOVA Chemicals Corp. announced that it has agreed to sell its expandable styrenics business to a subsidiary of Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico). The parties expect to close the transaction in the fourth quarter. The sale of its expandable styrenics business is an important step in NOVA Chemicals’ plan to focus on its olefin and polyethylene business, which includes additional investments to advance a global circular economy for plastic. “This transaction provides...
ICIS, CDI | July 13, 2020
ICIS, part of RELX, today announced it has acquired Chemical Data, LLC (CDI), a leading provider of US petrochemical price benchmarks, market analysis, and predictive analytics, based in Houston. The combined capabilities create a global presence and trusted intelligence in key petrochemical markets worldwide.
Established in 1979, CDI has more than 40 years of experience in supporting transactional and short-term planning decisions in the US petrochemical sector. Petrochemicals ar...
Equate | January 07, 2021
Equate Group (Kuwait City) says its subsidiary Equipolymers (EQP; Schkopau, Germany) has launched a food-grade polyethylene terephthalate (PET) product manufactured using 30% chemically recycled PET as feedstock.
The company’s latest Viridis-branded PET follows on from previous versions that featured 25% recycled PET and, when first launched in 2009, 10% recycled PET. “Designing more and better quality recyclates will not only help close the loop in the circular econom...
Chemicalwatch | May 07, 2020
Supporting industry frontrunners and speeding up the regulatory processes are among five goals NGO ChemSec has set for the EU's new chemicals strategy being developed under its Green Deal. ChemSec said the upcoming chemical strategy for sustainability must give incentives for companies to phase out substances of concern and limit derogations to restrictions to "essential use". The European Commission should also set clear political targets and timeframes to speed up the identificat...
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