Worldwide Post-consumer Recycled Plastics Industry to 2025 - Featuring Veolia Environment, Suez & Waste Management Among Others

Prnewswire | October 14, 2020

The "Post-consumer Recycled Plastics Market by Polymer Type, Service, Processing Type (Mechanical, Chemical, Biological), End-use Application (Packaging, Building & Construction, Automotive, Electronics, Furniture, Others), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global post-consumer recycled plastics market size is projected to grow from USD 14.2 billion in 2020 to USD 18.8 billion by 2025, at CAGR of 5.7%.

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This fourth edition of Chemical warehousing is aimed at anyone who has responsibility for the storage of dangerous substances, regardless of the size of storage facility.It sets out control measures aimed at eliminating or reducing risks to people– at work or otherwise – from the storage of packaged dangerous goods.It reflects good practice for the design of new storage facilities


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CHEMICAL MANAGEMENT

Aemetis Acquires $2 Million Property Near Keyes Ethanol Plant for Carbon Zero Projects

Aemetis, Inc. | April 05, 2022

Aemetis, Inc. a renewable fuels company focused on negative carbon intensity products announced the acquisition of an 8.5-acre property on Faith Home Road for $2 million, located approximately 1/4 mile from the Aemetis Keyes renewable ethanol plant. The corner property is a strategic location for operations supporting the company’s Carbon Zero projects, including dairy renewable natural gas and carbon capture and sequestration. Sited adjacent to the existing Aemetis biogas pipeline, the property is ideally situated at the southeast intersection of Faith Home Road and Keyes Road, approximately 1/2 mile from California Highway 99, the major north-south route that runs through California’s Central Valley. The property is also approximately 1/2 mile from the Union Pacific Railroad. The property’s location and level terrain allow for easy access to the Aemetis Keyes facility and major transportation infrastructure. Aemetis has completed construction and is currently commissioning a centralized gas cleanup facility and utility gas interconnect at the Keyes Ethanol plant where dairy biogas will be upgraded to RNG and injected into the utility gas pipeline through an interconnection with PG&E. “The acquisition of the Faith Home property is a key milestone in our RNG and CCS project plans. The site’s location close to the Keyes ethanol plant, adjacent to the existing Aemetis biogas pipeline and easily accessible to major highways is a major step toward deploying new and ongoing Carbon Zero activities,” added McAfee. Eric McAfee, Chairman, and CEO of Aemetis, Inc Aemetis Carbon Zero products include negative carbon intensity fuels that can be used in passenger and cargo vehicles including trucks, buses and airplanes to replace petroleum products. Aemetis low-carbon fuels have substantially reduced carbon intensity compared to standard petroleum fossil-based fuels. About Aemetis Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace petroleum-based products and reduce greenhouse gas emissions. Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis also owns and operates a 50 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India and Europe. Aemetis is developing the Carbon Zero sustainable aviation fuel and renewable diesel fuel biorefineries in California to utilize distillers corn oil and other renewable oils to produce low carbon intensity renewable jet and diesel fuel using cellulosic hydrogen from waste orchard and forest wood, while pre-extracting cellulosic sugars from the waste wood to be processed into high value cellulosic ethanol at the Keyes plant. Aemetis holds a portfolio of patents and exclusive technology licenses to produce renewable fuels and biochemicals.

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CHEMICAL MANAGEMENT

EnergySource Minerals Raises Strategic Investment from Schlumberger and TechMet to Scale Lithium Extraction Technology

EnergySource Minerals | May 04, 2022

EnergySource Minerals today announced a new round of investment led by Schlumberger New Energy and TechMet Ltd. The Schlumberger New Energy investment includes a strategic partnership to accelerate the deployment of the ILiAD lithium extraction platform and integrate it into the front end of the process used by NeoLith Energy, a Schlumberger New Energy venture. The platform has been piloted at demonstration scale for over 6 years on a variety of real-world brines. Schlumberger will scale up testing at NeoLith Energy's pilot plant in Nevada and deploy it at a global scale. "As the world projects a significant supply shortage of various critical minerals such as lithium, the time is particularly ripe for our Schlumberger and TechMet partnership. Simply put, we have found a way to make battery material production more efficient, economical, and sustainable. We continue to push the envelope to reduce environmental impact, which is really the obligation of the industry." Eric Spomer, EnergySource Minerals President and CEO EnergySource Minerals developed the ILiAD technology for its lithium extraction operation at the John L. Featherstone Geothermal Power Plant in the Salton Sea. The platform maximizes lithium extraction from brines in a closed-loop environment, delivering disruptive reduction in time, cost, and environmental impact compared with alternative methods. ILiAD is best-in-class among direct lithium extraction technologies. It is commercially ready to deploy today, dramatically reduces water footprint, does not consume reagents, demonstrates order-of-magnitude longer operating life, and highest lithium recovery rates. It also enables the development of new classes of brine resources for the production of additional minerals, such as manganese and zinc. "Schlumberger conducted extensive research and due diligence into our operations. Its investment is a validation of our disruptive ILiAD technology and the demand for cleaner, domestically sourced lithium," added Spomer. "As well, we are delighted to add TechMet as a strategic partner. Their expertise across project development, financing, marketing and supply-chain management, together with its global network and position will bring considerable commercial and strategic value to EnergySource Minerals as we look to deploy our ILiAD technology in new markets." Leveraging strategic alliances and technical collaborations, EnergySource Minerals has already engaged with multiple resource customers to evaluate and deploy the ILiAD technology platform worldwide. As a strategic investor and partner, Schlumberger New Energy is working closely with EnergySource Minerals in the industrialization and deployment of the platform. "Energy Source Minerals' technology shows great promise as an efficient, economical, and environmentally friendly solution for lithium extraction from brines," said Gavin Rennick, President of Schlumberger New Energy. "We are excited by the opportunities to scale up this solution to support the increased demand for lithium, motivated by the electric vehicle industry's growth ambitions." As the world transitions to a clean energy economy, lithium demand is increasing dramatically. Currently, lithium mining has a high environmental cost and a dependence on just a few countries worldwide. A technology change is required to leverage a broader, more sustainable resource base to address the requirements of countries committed to a cleaner future. "We need a monumental ramp-up of lithium production to meet the global demand from EVs and the renewable energy transition," said Brian Menell, TechMet's Chairman and CEO. "EnergySource Minerals' pioneering DLE technology has the potential to scale lithium production globally while minimizing environmental impacts and we are hugely excited to be supporting the development of its first commercial operation on the Salton Sea." About EnergySource Minerals EnergySource Minerals is a privately held company leading the development of Project ATLiS—a premier lithium project located in Imperial County, California, United States—as well as the ILiAD technology platform, which is being developed and deployed to lithium operations worldwide. The EnergySource Minerals team comprises leaders in industrial project development, continuous adsorption and ion exchange processes, and battery materials. A 30-year veteran of ion exchange and adsorption technology, Dr. Charles Marston has led the ILiAD technology project. Dr. David Deak (former CTO of Lithium Americas Corp, ex-Tesla) and EnergySource Minerals CTO John Featherstone provide leadership support for ILiAD and our own project development initiatives. About TechMet TechMet is a private company that invests across the Li-ion battery metal supply chain, including production, processing, and recycling. TechMet's major shareholders include the U.S. International Development Finance Corporation and the global energy trader Mercuria, and their advisory board is led by Admiral Mike Mullen, former Chairman of the Joint Chiefs of Staff under Presidents G.W. Bush and Obama. About Schlumberger New Energy Schlumberger is the world's leading provider of technology to the global energy industry. Schlumberger New Energy explores new avenues of growth by leveraging Schlumberger's intellectual and business capital in emerging new energy markets, with a focus on low-carbon and carbon-neutral energy technologies. Its activities include ventures in the domains of hydrogen, lithium, battery storage, carbon capture and sequestration, geothermal power and geoenergy for heating and cooling buildings.

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CHEMICAL MANAGEMENT

Braskem Expands its Circular Polymer Portfolio with New FDA Post-Consumer Recycled (PCR) Polypropylene Grades

Braskem | February 24, 2022

Braskem S.A. the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, announced the expansion of its circular polymer portfolio to include two new polypropylene (PP) grades with post-consumer recycled (PCR) content. Braskem's new PCR polypropylene grades can be used in a wide range of U.S. Food and Drug Administration (FDA) food contact applications where PP is used today, including consumer packaging, caps and closures, housewares, and a wide range of thermoforming applications. "Today's announcement is another milestone in Braskem's journey to a carbon neutral circular economy, and reinforces our commitment to polypropylene as the PP leader in North America. Not only will Braskem's new PCR polypropylene grades help our clients meet their commitments for recycled content in FDA food-contact markets, where PCR solutions are limited today, these developments will also keep us on track to reach our goals of providing 300,000 tons of thermoplastic resins and chemicals with recycled content by 2025 and one million tons of thermoplastic resins and chemicals with recycled content by 2030." Geoffrey Inch, Braskem North America Sustainability Director To support the sustainable use of polypropylene through the development and investment in the circular economy, Braskem America is a founding member and funding partner of the Polypropylene Recycling Coalition, with a primary focus on increasing U.S. polypropylene recovery and reuse. Braskem is strongly committed to a Carbon Neutral Circular Economy where nothing is wasted, and everything is transformed. To support this vision for the future Braskem has clearly stated targets for growing the company's recycled content product portfolio to sales of 300,000 tons by 2025 and 1 million tons by 2030. Braskem's transition to a circular economy is deeply rooted in mechanical and advanced recycling solutions. By engaging and investing in partnership with other members of the value chain the company is strengthening mechanical and advanced recycling, overcoming barriers, and ensuring the increased production of high-quality recycled material. All these initiatives are aligned with Braskem's feedstock diversification strategy and its macro goals of expanding the circular economy concept in the plastic chain and becoming a carbon-neutral company by 2050. ABOUT BRASKEM With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the circular economy. The petrochemical company's almost 8,000 team members dedicate themselves every day to improve people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene, among others. With 41 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in more than 80 countries.

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CHEMICAL MANAGEMENT

Imperial Petroleum Announces Pricing of Upsized $60 Million Underwritten Public Offering

Imperial Petroleum Inc. | March 21, 2022

Imperial Petroleum Inc. announced the pricing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consists of one common share and one Class B warrant to purchase one common share, and will immediately separate upon issuance. The gross proceeds of the offering to the Company, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $60 million. The Company intends to use the net proceeds of the offering for capital expenditures, including acquisitions of additional vessels which we have not yet identified, and for other general corporate purposes. Each Class B warrant is immediately exercisable for one common share at an exercise price of $1.60 per share and will expire five years from issuance. The offering is expected to close on or about March 23, 2022, subject to customary closing conditions. Maxim Group LLC is acting as sole book-running manager in connection with the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 5,624,950 common shares and/or prefunded warrants and/or 5,624,950 Class B warrants, at the public offering price less underwriting discounts and commissions. The offering is being conducted pursuant to the Company’s registration statement on Form F-1 previously filed with and subsequently declared effective by the Securities and Exchange Commission on March 18, 2022 and an additional registration statement filed pursuant to Rule 462(b), which was filed on March 18, 2022 and became effective upon filing. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Copies of the final prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, at 895-3745. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. ABOUT IMPERIAL PETROLEUM INC. Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services. The Company currently owns three M.R. product tankers and one Aframax oil tanker with a total

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Spotlight

This fourth edition of Chemical warehousing is aimed at anyone who has responsibility for the storage of dangerous substances, regardless of the size of storage facility.It sets out control measures aimed at eliminating or reducing risks to people– at work or otherwise – from the storage of packaged dangerous goods.It reflects good practice for the design of new storage facilities

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