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Lucite International | October 28, 2020
Lucite International (LI) and Agilyx Corporation, a pioneer in the advanced recycling of post-use plastics, announced today plans to pursue a commercial-scale trial for the recycling of PMMA, commonly known as acrylic, at Agilyx's Tigard, Oregon facility. Following the success of an initial smaller-scale trial using Agilyx's molecular recycling technology, LI, with the support of parent company, Mitsubishi Chemical Corporation (MCC), will further advance its collaboration with Agilyx to ...
S&P Global | April 07, 2020
Following are key facts about the unprecedented challenges and uncertainty faced by the European petrochemical industry due to the coronavirus pandemic and government restrictions on movement in an attempt to limit its spread. As supply-chain concerns in Europe continue to rise, market players will be faced with the prospect of cutting rates regardless of margins. Talks of end product production closures are expected to feedback into feedstock petrochemicals in the coming months. "Europe cu...
Axalta | July 08, 2021
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, announced today that it has entered into definitive agreements to acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million (approximately $590 million), subject to certain adjustments stated in the transaction's Sale and Purchase Agreements. U-POL, located in the United Kingdom, was founded in 1948 and is a leading manufacturer of repair and refi...
Chemical Management
PRNewswire | July 26, 2023
Allotrope Partners LLC Axens North America and Sumitomo Corporation of Americas announced the signing of an agreement to develop a Joint Study for a commercial plant producing cellulosic bioethanol, utilizing the Axens Futurol process, produced from woody biomass through Allotrope Cellulosic Development Company LLC ("ACDC"), a project development company based in the State of California. The project will use feedstock based on local Californian forest thinning material...
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