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Petrochemicals

Velcro Companies joins Cyclyx

Cyclyx International, a consortium-based post-use plastic innovation company with a mission to increase the recycling rate of plastic, has announced that Velcro Companies has joined Cyclyx as the newest member of the consortium.

 
 
 
 

Wood wins Esseco UK contract

Wood has been appointed capital delivery partner by Esseco UK for the company’s chemical production facility in Wakefield, England.

 
 
 
 
 

ADNOC acquires 25% stake in Borealis

ADNOC and Mubadala have announced a strategic transaction with Borealis, whereby ADNOC will acquire a 25% shareholding in Borealis from Mubadala.

 
 
 
 
 

Indorama Ventures acquires Ngoc Nghia

Indorama Ventures, a global sustainable chemical company, has completed the acquisition of Ngoc Nghia, one of Vietnam’s leading PET packaging companies.