Indorama Ventures, Loop Industries form JV for PET recycling

Indorama Ventures, Loop Industries form JV for PET recycling

Indorama Ventures Public Company Limited and Loop Industries Inc announced a joint venture to manufacture and commercialize sustainable polyester resin. This partnership brings together Indorama Venture’s world-class manufacturing footprint and Loop’s proprietary science and technology to become a reliable world leader in the ‘circular’ economy for 100 percent sustainable and recycled PET resin and polyester fibre. The Indorama Ventures/Loop Industries partnership launches a commercial solution for consumer packaged goods companies in response to the rapid growth in global plastic consumption for which there is a great need to responsibly collect and reuse these materials. Read More

Thermo Fisher Scientific has designed the Thermo Scientific ISQ EM single quadrupole mass spectrometer for high performance and productivity standards in laboratories. With a mass range of 10-2000 m/z, the system offers the power to detect and quantify small and large molecules, and supports analytical needs across an extensive range of applications­ – from drug development to manufacturing support and quality control. The system’s high-performing heated electrospray ionization (HESI) and dual HESI/atmospheric pressure chemical ionization (APCI) probes facilitate the measurement of polar and non-polar analytes, enabling application flexibility. Read More

Solvay SA will raise production capacity of Solef PVDF (polyvinylidene fluoride) high performance polymers in France, by more than 35 percent. Addressing the strong global demand growth mainly for applications in lithium-ion batteries for electric vehicles, reinforcing its technological leadership and customer support worldwide. The new capacity, from investing in new assets, should be operational by end of 2019. Solef PVDF optimizes energy storage efficiency and reduces battery weight in electric vehicles or consumer electronics. Other growing applications include offshore oil and gas pipes and liners and membranes for water purification. Read More

Total SA has agreed to buy all the shares of Chevron Denmark Inc from Chevron Corporation. Chevron Denmark holds a 12 percent interest in the Danish Underground Consortium (DUC) and a 7.5 percent interest in the Tyra West pipeline. This acquisition will increase Total’s operated share of DUC from 31.2 percent to 43.2 percent, the other partners of the consortium are Shell (36.8 percent) and Nordsofonden (20 percent, owned by the Danish State). The consortium, which started production in 1972, currently operates 15 fields, all located in the Central Graben sector of the North Sea. It covers nearly 90 percent of the Danish oil and gas production. In 2017 the production averaged 182,000 barrels of oil equivalent per day (boe/d). Read More