CHEMICAL MANAGEMENT
Oil and gas | December 15, 2020
As President-elect Joe Biden and Vice President-elect Kamala Harris take the reins of governing the U.S. following one of the most hotly contested elections in the country’s history, energy sector leaders anticipate the industry will face major changes in operations, regulations and legislation.
“Those who were paying attention throughout the campaign know that Biden did say some things about the energy sector throughout the campaign,” said Chet Thompson, president and CEO of AFPM. “He talked about his intention to gradually transition the United States from oil and gas. With a closely divided Congress, many of those legislative promises will likely remain aspirational. But — and this is a very important ‘but’ that has impact on our industry — he can advance his climate and environmental agenda using his existing authorities.”
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Agilyx | September 15, 2020
Agilyx, a leader in advanced recycling of post-use plastics back into plastics and low carbon fuels, on 11 September announced its intention to raise new equity through listing shares on the Merkur Market, part of the Oslo Stock Exchange. The additional equity will be used to drive commercialization of projects, strengthen Agilyx's technology platform, and accelerate growth in Europe and Asia. Over the last 16 years Agilyx has, through extensive research and commercial operations, developed leading industry technology and know-how to make plastic a true circular resource.
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CHEMICAL TECHNOLOGY
Lucite International | October 28, 2020
Lucite International (LI) and Agilyx Corporation, a pioneer in the advanced recycling of post-use plastics, announced today plans to pursue a commercial-scale trial for the recycling of PMMA, commonly known as acrylic, at Agilyx's Tigard, Oregon facility. Following the success of an initial smaller-scale trial using Agilyx's molecular recycling technology, LI, with the support of parent company, Mitsubishi Chemical Corporation (MCC), will further advance its collaboration with Agilyx to deliver fully circular PMMA. Lucite International (LI) aims for commercial realisation of recycled PMMA production by 2023. In the interim, LI is working with all key stakeholders - including MMA (the building block of all acrylic-based products) customers, PMMA customers, manufacturers, distributors, fabricators and recyclers - to develop a robust value chain for all.
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