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S&P Global | March 25, 2020
While chemical manufacturing is among sectors deemed critical to combat the spread of the coronavirus, markets continue to face serious challenges as end-users step back and cancel or postpone orders, unable to gauge demand in the coming weeks and months amid increasing stay-at-home orders throughout the Americas. Some polymer markets are showing the strain, as export markets want less US polyvinyl chloride, a construction staple and key economic indicator, and US prices for polyethylene terepht...
Agilyx | January 24, 2020
Agilyx is a multifaceted waste polymer recycling company, developing technologies to convert non-recyclable polyolefins and polystyrene into synthetic crude oil. After the price of crude oil dropped to $40 per barrel, they adapted to this new environment by developing as well as developing the first fully circular chemical recycling system for polystyrene, known as the Agilyx Polystyrene to Styrene Monomer system (PSM). Compared to polyolefins, polystyrene is easily depolymerised back into the m...
Chemical Technology, Chemical Management
SPATCO Energy Solutions | February 13, 2023
SPATCO Energy Solutions (SPATCO), a leading infrastructure services provider of innovative turnkey solutions for the environmental, petroleum, and EV business segments, recently announced that it has completed the acquisition of Petro Supply, a renowned Mid-Atlantic distributor of petroleum equipment. Additionally, with the acquisition of McKinney Petroleum Equipment in January 2023, the platform is broadening its geographic reach while strengthening its leading position in the Southeast.<...
Chemical Management
Blue Ridge Bankshares, Inc. | April 23, 2022
Blue Ridge Bankshares, Inc. the holding company of Blue Ridge Bank, N.A. and BRB Financial Group, Inc., announced in celebration of Earth Day that the Company intends to phase out single-use plastics as part of its commitment to carbon neutrality by 2040. This policy will transition the Company away from single-use plastic items such as beverage bottles, utensils, straws, food service ware, and other materials by the end of 2024. The major initiative demonstrates the Company's...
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