Petrochemicals
Alpek will cease operations at its PET facility in North Carolina (U.S.)
Alpek, S.A.B. de C.V. has announced the strategic decision to cease operations at its Cedar Creek facility in Fayetteville, North Carolina (U.S.) by July 31, 2025. The site, acquired by Alpek in 2001, has an installed capacity of 170,000 t of PET resin and approximately 35,000 t of rPET flake production.
Clariant launches innovative PFAS-free polymer processing aids for more sustainable polyolefin extrusion
Clariant announced the launch of its new AddWorks PPA product line, a new generation of PFAS (per- and polyfluoroalkyl substances)-free polymer processing aids designed specifically for polyolefin extrusion applications. This innovative solution addresses the industry's growing need for more sustainable alternatives to conventional fluoropolymer-based processing aids while maintaining strong performance standards.
Solvay and BASF together reduce scope 3 emissions in hydrogen peroxide production
Solvay and BASF announced to jointly focus on a meaningful reduction in scope 3 greenhouse gas emissions within the hydrogen peroxide supply chain.
Chart Industries and Flowserve combined to form $19-B enterprise
Chart Industries, Inc. and Flowserve Corporation announced that they have entered into a definitive agreement to combine in an all-stock merger of equals, creating a differentiated leader in industrial process technologies. The combined company is expected to have an enterprise value of approximately $19 billion.
Lummus and InnoVent Renewables sign MoU for tire pyrolysis technology
Lummus Technology and InnoVent Renewables announced the signing of a Memorandum of Understanding (MoU) to work toward licensing and deploying InnoVent's continuous tire pyrolysis technology globally.
Marubeni signs a long-term offtake agreement for green ammonia produced in Inner Mongolia, China
Marubeni has signed a long-term offtake agreement with global green technology company Envision Energy Co., Ltd. for ammonia produced from renewable energy in Inner Mongolia, China.
Braskem to commercially implement Ardent’s Olefin Separation technology
Braskem and Ardent Process Technologies announced the successful completion of their joint development program for an innovative olefin-paraffin separation technology, marking a significant advancement in polyolefin production efficiency.
Thermo Fisher Scientific launches new raman analyzer for hazardous locations
Thermo Fisher Scientific has introduced the Thermo Scientific™ MarqMetrix™ All-In-One X Process Raman Analyzer, engineered specifically for safe, real-time, in-line chemical analysis in hazardous environments, particularly in the oil and gas, chemical, polymer, and pharmaceutical industries.
OCOchem commissions first pilot plant using multiple industrial-scale cells to directly convert CO₂ and water into organic molecules
In a landmark achievement for carbon utilization and sustainable chemical production, OCOchem has announced the successful startup and commissioning of the world’s first pilot plant to produce hydrogen formate and potassium formate at industrial scale using only carbon dioxide (CO2) and water as feedstocks.

- Alpek will cease operations at its PET facility in North Carolina (U.S.) 6/6
- ANDRITZ to acquire Diamond Power Intl. businesses 6/6
- ABB launches AMXE Marine Motor to enhance vessel efficiency 6/6
- Private refiners tap India's drivers as export markets tighten 6/6
- Irving Oil invests $100 MM in Saint John refinery upgrade 6/6
- IEA: Global energy investment set to hit record $3.3 T in 2025 6/6