Rubi, the company behind pioneering enzyme-based technology that transforms carbon dioxide (CO2) into cellulose fibers for use in apparel and other industries, has announced a $7.5 million funding round and significant commercial traction, including multi-year offtake term sheets worth over $60 million with leading fashion brands and manufacturers, eight new commercial partnerships, and moving pilots into larger-scale production testing. The funding announcement follows a br

Clariant has completed a collaborative pilot-scale project with polyolefins supplier Borealis, and Sintef, one of Europe's largest independent research organizations. that proved Clariant’s upgrading technology was capable of converting pyrolysis oil (pyoil) derived from plastic waste to steam cracker-compatible feedstock that fully meets cracker-grade quality specifications. Using Clariant's proprietary HDMax catalysts, the pilot-scale testing conducted at Sintef’s research

Chemical Recycling Japan, a subsidiary of oil refiner Idemitsu Kosan, has completed construction of a chemical recycling plant for converting post-consumer and post-industrial recovered plastics into oil; at a site in Ichihara City, Chiba Prefecture, Japan. The plant has aplastic processing capacity of 20,000 tonnes annual and is scheduled to commence commercial operations in April 2026. The company’s proprietary chemical recycling technology is centered on a catalyst-based c

Liaoning Dingjide Petrochemical has told MLT Analytics (MLTA) that it is in the "troubleshooting phase" of startup of its 200,000-tonnes/year polyolefin elastomer and plastomer (POE/POP) plant located in the Dalian Changxing Island National Petrochemical Industrial Park, Liaoning Province, China, with commercial operation slated for by the end of October 2025. Speaking to MLTA at the K Show in Dusseldorf, Germany, Head of Overseas Marketing Jason Sun noted that his company ha