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Net debt is also cut by ¤500 million in just three months
The deal comprises the cumene plant, producing 900,000 tonnes of product, will employ 43 people plus the phenol, acetone and alpha-Methylstyrene (AMS) business.
The demand for VAM in Europe continues to grow briskly and the market is uncomfortably reliant on imports from remote locations for sufficient supply.
We look forward to integrating theOxochimie joint venture and growing our global market presence in oxo alcohols, aldehydes & derivatives.
Manufacturing assets need constant renewal if they are to survive. The last 10 years have proven that it is almost impossible to play catch-up...
The site’s location on the German-French border, only 200km from Stuttgart, gives excellent access to supply chains, automotive talent and target markets.
Polyolefins have become the material of choice for caps and closures, replacing traditional materials such as metal and cork.
The export, trading and distribution sector is organised to develop regular business partnerships with customers outside European countries.
The hot and cold water market is turning increasingly to plastics solutions.
We are taking a stepwise approach to accelerate the transition to a circular, low-carbon economy. In our sustainability strategy, we have broken down our ambitions into a clear roadmap.
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The decision to ban shale extraction in Scotland has signalled the Scottish Government “turned its back on a potential manufacturing and jobs renaissance”.
The application allows for the drilling of a single vertical core bore well to gain scientific knowledge of what is below the surface, which has been agreed by many Councils many times in the past to support the coal industry.
A landmark agreement has been announced and a joint charter acknowledging that gas will have a key role in the UK’s future energy supply alongside a low carbon economy.
Work continues on the construction of our £350m state of the art energy plant located at the heart of our operations at the Grangemouth site. There is currently much activity with extensive land preparation underway.
To the naked eye, a new grade of polyethylene from Grangemouth is no different to the other 30 or so (virgin) grades produced at the site. However, rLL9210 is the first of a new breed of hybrid PCR (Post Consumer Recycled) polymers. rLL9210 contains 60% recycled plastic.
The move will significantly strengthen AkzoNobel's leadership position in the chelates business, supporting customer growth and improve both companies sustainability profile.
The combined business, which includes an existing sulphuric acid and oleum plant in Lamotte, Northern France, will become one of the leading European Sulphur Chemicals companies.
These will be the largest gas barges operating on the River Rhine and are the first to be fully built to the new ADN gas barge 2019 standard.
Our decision is based on rigorous assessments of the needs of the project and the expertise of the companies capable of designing state of the art, reliable and efficient PDH units.
Discover what the EU Packaging and Packaging Waste Regulation (PPWR) means for plastics, recycling targets, and circular economy goals. Learn more now.
In a remarkable feat of engineering, Grangemouth today saw the 330 tonne roof on Europe’s biggest ethane tank floated up almost 150 feet on nothing more than a cushion of air. The investment into the ethane pro j ect represents part of a £450 million rescue package for Grangemouth. The tank is d
Following our announcement earlier this year, we have narrowed down the potential location for a final detailed study on our EO and EOD investment
Flexible packaging films are a low carbon solution for transporting food and other goods; and they increase food shelf life, helping consumers to manage household bills. However today’s multi-material products combine polymers from different chemical families, making them difficult to recycle. Reducing the number of polymers used to produce packaging film will make packaging that is designed to be recycled.
From yoghurt pot to yoghurt pot - agreement closes the loop for polystyrene
Enjoy the atmosphere with the aftermovie and photos!
FRACKING for shale gas in Britain will be banned if the Labour Party wins the next UK General Election.
This is the first commercial-scale use of recycled SM in Europe. It enables the production of high-quality polystyrene and other styrenics, including for food-grade, transparent, and medical applications.
Advanced recycling enables the conversion of waste plastic back to new, high-quality polymers, used to produce the Lactel bottles.
The deal is strategic fit with Prefere Resins. It is an opportunity to realise the true potential of these businesses, securing their future development and growth.
US levels of gas could be truly transformational for the UK economy, bringing untold jobs and investment to some of the countries most deprived areas.
The sale (value is not disclosed.) consists of the packed chlorine assets at ChlorVinyls’ Runcorn Site, with the associated commercial goodwill of this business.
This positive early action should break the log jam that has developed in some areas of the country, and give an advantage to communities embracing the shale gas revolution
Innovene G and Innovene S polyethylene technologies have been licensed for OAO Nizhnekamskneftekhim’s new petrochemical project.
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