Michelin to Build Industrial Demonstration Unit for 5-HMF Molecule in France

Michelin is building an initial industrial demonstration unit for the 5-HMF molecule, a bio-sourced and non-toxic molecule that can replace ingredients derived from fossil fuels in a wide variety of industrial fields. This unit, to be located on the Osiris platform in Péage en Roussillon, France, will have an annual production capacity of 3,000 metric […]
LyondellBasell and Covestro to Close POSM Production Unit in the Netherlands

LyondellBasell (LYB) and Covestro have jointly decided to permanently close the propylene oxide/styrene monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands. The two companies report that the decision comes after careful consideration and is driven by the continued pressure on Maasvlakte’s profitability due to global overcapacities, a strong increase of imports […]
Siegwerk Launches Business Unit Dedicated to Functional Coatings for Sustainable Packaging

Siegwerk has established a new business unit dedicated to functional coatings for sustainable packaging innovations. With this extension of its organizational structure, the company underlines its increasing strategic focus towards functional coatings and boosts its position as an enabler of circular packaging solutions across all business units. “In addition to our broad portfolio of renowned […]
Holcim Building Envelope Names New Senior Vice President of Adhesives, Coatings, and Sealants Business Unit

Holcim Building Envelope has named Lauren Pagano as senior vice president of the Adhesives, Coatings, and Sealants (ACS) business unit, which encompasses Gaco and a portfolio of recognized brands for commercial, industrial, and residential applications. Pagano will provide leadership for the business unit, including responsibility for strategy, marketing, sales, operations and technology, supply chain, customer […]