Wacker has awarded the company’s ‘Alexander Wacker Innovation Award 2021’ to its in-house German-Chinese team for developing a novel process for producing vinyl acetate-ethylene (VAE) polymer dispersions. The winners were rewarded with almost 12,000 dollars.

Industrial Company Doosan Heavy Industries & Construction announced that it had succeeded in developing the technology for recovering lithium carbonate by recycling waste batteries.

New executives take the helm at Exxon Mobil, Eastman, Huntsman, Nova Chemicals, and other major players in the process industry. PROCESS worldwide summarizes the latest management news for you.

VortextRepsol has awarded Tecnimont with an EPC lump sum turn-key contract for the development of two advanced polymer units at the Sines Industrial Complex in Portugal. The new units are expected to have a capacity of 300,000 tons per year each and will be completed by 2025.

S&B Engineers and Constructors (S&B) has secured an engineering and construction contract from Chevron Phillips Chemical for its world-scale 1-hexene unit in Texas, USA. The new unit is expected to produce up to 266,000 metric tons per year of 1-hexene.

Under a long-term agreement signed between Braven and Chevron Phillips Chemical (CPChem), Braven will supply its pyrolysis-derived feedstock Braven Pychem to the chemical major. The move will establish a circular economy for the manufacturing of new plastics.

Mitsubishi Chemical has signed a license agreement with Mura Technology for a chemical recycling process called HydroPRS. The process is used for manufacturing raw materials from plastic wastes for chemical products.

The American Chemistry Council (ACC) has revealed that U.S. specialty chemicals market volumes rose 0.7 % in May and are now above the pre-winter storm levels of January.

Reliance has signed an agreement with Adnoc to construct a new world-scale facility at Ta’ziz in Ruwais, Abu Dhabi, UAE. The integrated plant is expected to produce 940 thousand tons of chlor-alkali, 1.1 million tons of ethylene dichloride and 360 thousand tons of PVC annually.

There is currently a lot of interest in renewable and green chemistry, bio-based chemistry, CO2 Capture and Utilisation and chemical recycling. Refineries and verbund sites of large-scale chemicals are under considerable pressure; the biofuel industry is looking for new markets in chemistry and start-ups are looking for investors.