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RAW MATERIALS

Origin Materials | October 13, 2021

Origin Materials, Inc. (“Origin” or “Origin Materials”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company, announced today that it has joined the Drive+ platform. The Drive+ platform was launched by Drive Sustainability, a partnership of 11 global automotive manufacturers that strives to enhance sustainability throughout the automotive industry. Through the Drive+ platform, Origin will have the opportunity to collaborate more closely with ...

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...

RAW MATERIALS

Clariant International Ltd | January 04, 2022

Clariant, a focused, sustainable and innovative specialty chemical company, completed the sale of its Pigments business to a consortium of Heubach Group and SK Capital Partners. As announced upon signing of the transaction, the base enterprise value of the sale amounts to CHF 805 million subject to closing accounts adjustments and before a potential earn-out payment of CHF 50 million which is subject to the business’ 2021 financial performance. Clariant rolled over approxima...

CHEMICAL MANAGEMENT

ICE and Hedge | December 10, 2021

Intercontinental Exchange, Inc. a leading global provider of data, technology, and market infrastructure, announced that it plans to launch its first ethylene futures contracts on December 13. Designed for participants who need to manage their exposure to ethylene price risk from the U.S. Gulf Coast to Asia, the two cash settled futures contracts are based on ethylene price assessments by ICIS. The ICIS CFR NE Asia ethylene assessment and the ICIS CFR SE Asia ethylene ...