Kumho, SK Geo & Tongsuh Sign MoU To Form...

Kumho Petrochemical has signed a memorandum of understanding (MoU) with SK geo centric and Tongsuh Petrochemical to establish a sustainable bio raw material (bio-monomer) supply chain within the Ulsan Industrial Complex in South Korea. Under the MoU, the parties agreed to cooperate in converting monomers from the existing raw material supply chain into bio-monomers. The bio-monomers are produced from bio-naphtha using environmentally-friendly raw materials such as canola oil and waste cooking...

Chevron to shutter two US biodiesel plants

Chevron Renewable Energy Group is shuttering two of its US biodiesel production plants amid market challenges stemming from the US Environmental Protection Agency’s Renewable Fuel Standard program. Chevron REG has made the decision to indefinitely close our Ralston, Iowa, and Madison, Wis., biodiesel production facilities due to poor market conditions. The Madison plant that is located in central Wisconsin began operating in April 2007 and produces 20 million gal/year of biodiesel. Located in...

Solvay & Huatai Expanding HP Capacity To...

Solvay and Huatai, through their Shandong Huatai Interox Chemical site in Shandong Province, China, will further increase the production capacity for photovoltaic-grade hydrogen peroxide to meet the growing demand for the product in China. The plant, located in the Dongying Economic and Technological Development Zone, will be expanded to 48 kta of photovoltaic-grade hydrogen peroxide by 2025. In alignment with China’s ambitious carbon neutrality targets, our collaboration positions Solvay as...

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