Year 2024
December 2024
04 Nov 2024
31 October 2024 – Neste has decided to withdraw from investing into a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland. The decision follows the completion of the basic engineering phase, which commenced in May 2023. [Subscribe to read full article]
04 Nov 2024
30 October 2024 – Neste and Braskem, have reached an agreement for the supply of renewable and recycled feedstocks for polymers and chemicals production. Braskem products based on these feedstocks are expected to be available on the market starting from the fourth quarter of 2024. These products will be sold mainly in South America and included in Braskem’s Wenew product portfolio. “This is a very importan....
16 Oct 2024
16 October 2024 – Evonik is reorganizing two business lines to strengthen their growth prospects. Coating & Adhesive Resins and Health Care will focus on and concentrate future investments in their respective core businesses. The remaining businesses outside these cores are to be sold to new owners or incorporated into partnerships. In individual cases, businesses are to be discontinued in a socially respon....
14 Oct 2024
Twellium-Ghana-Sidel Twellium Industrial Company, West Africa’s fastest-growing manufacturing company, specialising in the production of non-alcoholic beverages,has partnered with Sidel to develop a new ultra-modern facility in Kumasi, Ghana – a greenfield project housing two complete PET packaging lines for still and carbonated beverages. Aside to its flagship product, Verna Mineral Water, the company also manuf....
13 Oct 2024
11 October 2024—ProAmpac has introduced RotiBag, a new sustainable food-to-go packaging solution. Providing a practical alternative to traditional clamshell containers, RotiBag reduces material usage and is available in conventional, recycle-ready, and post-consumer recycled (PCR) structures. Its innovative features include an integrated handle, making it ideal for hot grab-and-go items like rotisserie chicken and ....
12 Sep 2024
11 September 2024 – Neste revises downwards its 2024 guidance for Renewable Products. Renewable Products’ sales prices have been negatively affected by a substantial decrease in diesel price during the third quarter. At the same time, waste and residue feedstock prices have not decreased and renewable product market price premiums have remained weak. Neste also revises its Renewable Products’ total sales vo....