Citroniq Chemicals closes US$12 million Series A financing
Citroniq Chemicals LLC (Citroniq), a producer of carbon-negative materials, has announced the financial closing of US$12 million Series A investment.
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Neste is expanding its logistics infrastructure for liquefied recycled raw materials at its refinery in Porvoo, Finland, including materials such as liquefied waste plastic and liquefied rubber tires.
China is likely to register the highest polyethylene capacity additions globally by 2028, contributing about 29% of the total capacity additions from 46 upcoming projects, reports GlobalData.
Energy solutions specialist, Aggreko, has significantly invested in its European fleet of cooling solutions to bring reliable, clean and efficient cooling to the market.
TotalEnergies has signed an agreement to sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group, a leading global commodities trading company.
This partnership aims to accelerate the use of artificial intelligence (AI) to streamline and contextualise data management and asset performance across the oil and gas, energy, petrochemicals, and manufacturing industries.
Clariant, a sustainability focused specialty chemical company, and OMV have announced their intended collaboration for the supply of ethylene with a lower carbon footprint.
Lummus Technology and Element Six (E6) have announced an exclusive global partnership that will leverage a unique solution to address the worldwide challenge of per- and polyfluoroalkyl substances (PFAS) destruction.
Frontera Energy Corp. has announced that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. (Puerto Bahia), and Gasco Soluciones Logísticas y Energéticas S.A.S. (GASCO) have entered an agreement to jointly pursue a liquified petroleum gas (LPG) project.
The circular economy has made disappointingly little impact on the global plastics industry in the last decade, reports Wood Mackenzie.
