SABIC has the signed two strategic transactions to divest its European Petrochemicals (EP) business to AEQUITA and its Engineering Thermoplastics (ETP) business in the Americas and Europe to MUTARES, for a total combined enterprise value of $950 million. SABIC’s EP business produces and markets various petrochemical and plastic products: ethylene, propylene, low- and high-density polyethylene (LDPE, LLDPE, and HDPE), polypropylene (PP), and value-added polymer compounds, and

The U.S. Plastics Pact (USPP) today released a new position paper on the role of physical and chemical recycling in a circular economy, offering science-based, consensus-driven guidance to policymakers and industry leaders. Developed with input from the full plastics value chain, the position provides clarity on how these technologies can help address hard-to-recycle plastics, while ensuring that they do not displace reduction, reuse, or mechanical recycling efforts. “Too of

The spate of green-tinged announcements from South Korea's petrochemical sector continues. Following on from its rebranding, SK Geo...