PumpWorks

CHEMICAL TECHNOLOGY

Eastman | January 17, 2022

This morning, French President Emmanuel Macron and Eastman Board Chair and CEO Mark Costa will jointly announce Eastman's plan to invest up to $1 billion in a material-to-material molecular recycling facility in France. This facility would use Eastman's polyester renewal technology to recycle up to 160,000 metric tonnes annually of hard-to-recycle plastic waste that is currently being incinerated. The investment would recycle enough plastic waste annually to fill Stade de ...

CHEMICAL TECHNOLOGY

Lummus Technology | November 03, 2020

Lummus Technology announced that it will supply 14 cracking furnaces for a Gas Chemical Complex that is part of the Ethane-rich Gas Processing Complex (GCC EGPC) located near Ust-Luga, Leningrad Oblast, Russia, on the Gulf of Finland. The contract is awarded within the framework of an EPC Contract for the GCC EGPC project between China National Chemical Engineering & Construction Corporation Seven, LTD (CC7), and the Baltic Chemical Plant LLC. Lummus' scope includes engine...

Icis | April 27, 2020

US-listed shares of chemical companies rose sharply on Monday, breaking from the drop in oil prices. The European Petrochemical Association (EPCA) 54th annual meeting in October has been cancelled to avoid “undue risk” of coronavirus spread, but the trade group is mulling a virtual format. There has been a pull on purified terephthalic acid (PTA) from downstream polyethylene terephthalate (PET) applications that are considered essential amid the pandemic, but the tide may be t...

CHEMICAL TECHNOLOGY

TPC Group | February 04, 2022

TPC Group, a global leader in providing a diverse range of quality products and services to chemical and petroleum-based companies worldwide, disclosed today that its Senior Leadership Team, members of the Board of Directors, and professional advisors are in ongoing, constructive discussions with a group representing nearly 90% and approximately 80% of the Company’s two series of senior secured notes, as well as other economic stakeholders. The Company did not make approxima...