WFS Technologies Ltd

Chemical Engineering | February 17, 2020

Versalis signed a joint development agreement with Italian engineering company, Servizi di Ricerche e Sviluppo (S.R.S.), which owns a pyrolysis technology that will be further developed to transform mixed plastic waste, which cannot be mechanically recycled, into raw material to produce new virgin polymers. Versalis will leverage its technological and industrial expertise to build a first plant with a capacity of 6,000 tons per year at its Mantova. Italy site, with a view to progressively...

CHEMICAL MANAGEMENT

Element Solutions Inc, Coventya | June 14, 2021

Element Solutions Inc., a global and diversified specialty chemicals company, announced today that it had made a binding offer to acquire Coventya Holding SAS, a global provider of specialty chemicals for the surface finishing industry. Under the terms of the offer, Element Solutions will pay approximately €420 million in cash, including the assumption or repayment of the debt, subject to certain adjustments. The transaction is expected to close in late Q3 or Q4 2021, subject to receipt of ...

The Globe and Mail | March 11, 2020

The federal government intends to designate plastics as toxic substances, a move industry stakeholders say is unduly aggressive and detrimental to the sector’s brand. Listing plastics as toxic under Schedule 1 of the Canadian Environmental Protection Act (CEPA) will provide the government with the authority to regulate and limit certain products. The Liberals campaigned during the fall election on a promise to ban some single-use plastics as early as 2021, as part of a national strategy to...

Chemistry world | August 25, 2020

Bicyclic thiolactone building block makes for high-quality polymers with chemical recyclability. An entirely new class of polymers that matches popular plastics’ thermal and mechanical properties but has the potential to be recycled and reused indefinitely has been developed by scientists in the US, China and Saudi Arabia. Plastic pollution is one of the greatest environmental problems of our time, so creating polymers that can be turned back into their monomer building blocks for reuse is...