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ADM, LG Chem | September 15, 2021
a leading global diversified chemical company, and ADM , a global leader in nutrition and biosolutions, announced today that they have signed a memorandum of understanding (MoU) to explore US-based production of lactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics. Under the terms of the agreement, which was signed by ADM Chairman and CEO Juan Luciano and LG Chem Vice Chairman and CEO Hak Cheol Shin at ADM’s global headquarters in Chic...
Invert Inc. | April 13, 2022
Recently, Invert Inc., CarbonCure Technologies, and Ripple Inc. have signed a revolutionary carbon credit purchase agreement for permanent CO2 storage through carbon mineralization. They have stepped forward following the announcement by the United Nations' Intergovernmental Panel on Climate Change of the critical need for carbon removal technologies to mitigate the worst effects of climate change. The credit purchase will permit CarbonCure to invest more in innovative technol...
U.S. Chemical Safety and Hazard Investigation Board, Airgas | July 31, 2020
The US Chemical Safety and Hazard Investigation Board issued two significant reports in late July. One praises voluntary actions of Airgas after a deadly incident at a nitrous oxide facility. The second is a factual update to the ongoing investigation of an incident at an Aghorn Operating facility in Texas in which a worker and his wife died from exposure to toxic hydrogen sulfide gas. The CSB is an independent, nonregulatory federal agency that investigates chemical accidents. In...
American Chemistry Council | June 26, 2020
The COVID-19 pandemic has pushed the US and world economies into the worst recession in decades, and the US chemical industry will see a sharp decline before rebounding next year, according to the an updated outlook from the American Chemistry Council (ACC). The trade association’s baseline prediction is for a 9.3% decline in US chemical production volume this year. Its pessimistic outlook, in which COVID-19 cases start spiking again, is for a 14.7% production decline, and i...
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