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Chemical Watch | March 09, 2020
The quantity of plastic recycled in the EU is staggeringly low. Just 15% of EU-collected plastic waste finds its way back into the EU plastic market. If we are to create a cleaner and more competitive Europe – one of the objectives of the upcoming EU Circular Economy Action Plan – we must make boosting plastic waste recycling rates an urgent priority in the next few years. Solutions to accelerate plastic recycling already exist. Chemical recycling is a key technology that...
Market Outlook
Businesswire | May 19, 2023
SAR Technology Inc. located in Tainan, Taiwan, has contracted with MECS, Inc. a subsidiary of Elessent Clean Technologies for the supply of MECS® proprietary technology and equipment in support of a new spent acid regeneration plant. By incorporating MECS® sulfuric acid recovery technology in its electronic grade sulfuric acid plant, SAR Inc. will position themselves as a reliable supplier of regenerable high purity sulfuric acid and will be able to provide significant support to t...
ExxonMobil | February 15, 2020
Exxon Mobil Corp began restarting units shut by a Wednesday fire at its Baton Rouge, Louisiana, refinery and chemical plant complex on Thursday night, sources familiar with plant operations said on Friday. Among the most crucial waiting to restart are three crude distillation units (CDUs) at the 502,500 barrel-per-day (bpd) Baton Rouge refinery that could be turned back on as early as next week if the natural gas supply can be restored to those units during that time, the sources said. On Thursd...
PULSENEWS | February 14, 2020
LG Chem’s brand value was estimated at $3.5 billion for this year, ranking fourth in the global chemical category. The South Korean chemical giant’s brand value was projected at $3.5 billion, up 4.8 percent from $3.33 billion in 2019, according to a report on top chemical companies for 2020 from British corporate valuation consultancy Brand Finance on Monday. LG Chem saw its brand value jump from $2.42 billion in 2018 to $3.33 billion last year in the Brand Finance’s chemical i...
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