The integrated, international oil, gas and chemicals company, OMV, and Kommunalkredit Austria have announced a joint investment in the construction of Austria’s largest electrolysis plant on the premises of Schwechat Refinery.

Future Market Insights recently launched a report on Polysulfide Market. The study concludes that growth in the coming years is expected to be driven by rising polysulfide consumption in downstream markets.

Styrenics Circular Solutions, the joint industry initiative focusing on the acceleration of styrenics recycling, has once again proved that polystyrene is mechanically recyclable to food contact standards. The second super-cleaning technology was successfully tested for food contact mechanical recycling of polystyrene.

Solvay’s hydrogen platform will offer the polymer membranes technology which is expected to be a vital contributor to the electrolyzer and fuel cells markets. Through this platform, the company also plans to contribute multiple other applications and components to the hydrogen market.

The Japanese group Toray Industries has created a new polymer that retains the outstanding thermal resistance, rigidity, and strength of polyamide 6 (PA6) while delivering a bending fatigue limit that is 15-fold that of conventional polymers.

Lanxess is extending its portfolio of products in the consumer care segment to include the new Lewatit PH 1074 HEP. In addition to the decolorization of fermentation broths and sugar, it is particularly suited to the purification and intermediate storage of heparin.

Ineos Styrolution has entered into a joint development agreement with Polystyvert to convert post-consumer polystyrene plastic into a new, high quality, polystyrene raw material resin. Polystyvert will make use of its patented advanced recycling technology for this purpose.

Due to the Covid-19 pandemic, the market for oil and gas seals has slumped in 2020 and 2021. However, in 2022, the industry will likely gain momentum again, a new study says.

Celanese intends to construct a world class Liquid Crystal Polymer (LCP) plant in China to support its Vectra and Zenite LCP product lines. This major investment is expected to support approximately 20 kilotons of LCP production every year.

Neste has acquired a minority stake in Alterra Energy and with this move, both the companies will work together to commercialize Alterra’s proprietary thermochemical liquefaction technology in Europe which proves useful for the production of polymers and chemicals from waste plastics.