NOVACAP

Braskem | August 18, 2020

Nippon Export and Investment Insurance (Nexi) has backed the build of a new polypropylene plant in Texas, after agreeing to provide insurance for a loan to Brazilian petrochemical firm Braskem. As part of the agreement, which comes with a tenor of 10.5 years, the Japanese credit insurance agency is insuring a US$225mn loan facility from ING Bank and BNP Paribas to Braskem. Nexi will cover 100% of political risks and 90% of commercial risks. The largest petrochemical firm in the Americas will use...

Products and Technologies, Market Outlook

PRNewswire | May 10, 2023

GC Ventures a subsidiary of PTT Global Chemical PLC is investing in the British company Interface Polymers Ltd. This investment opens new horizons for GC Group, enabling more efficient and sustainable plastic recycling. Interface Polymer's Polarfin® additives enable compatibilization between polyethylene (PE) or polypropylene (PP) with different kinds of plastics such as PET, PA, EVOH and other plastics. This makes it possible to recycle the mixed plastics widely used in...

Chemical Management

NEU | April 08, 2022

The American Concrete institute announced the launch of NEU: An ACI Center of Excellence for Carbon Neutral Concrete, at its Spring convention in Orlando, Florida, USA. NEU aims to collaborate globally to drive research, education, awareness, and adoption of carbon neutral materials and technologies in the industry. Located at ACI Headquarters in Farmington Hills, Michigan, USA, NEU will focus on transforming the concrete industry into a proactive, unified group actively eng...

Chemical Management

Businesswire | August 08, 2023

Origin Materials, Inc. the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced it has created “all PET” (polyethylene terephthalate) bottle caps, making “100% recycled PET” possible from cap to bottle to improve post-consumer recycling. Origin’s PET caps are more sustainable than common alternatives because they may be produced with any type of PET, f...