BASF to increase price for diols and derivatives in North America

FLORHAM PARK, NJ, September 1, 2020 – Effective October 1, 2020 or as existing contracts permit, BASF Corporation will increase prices in North America for 1,4-Butanediol (BDO) and derivatives.

Product                                                                     Price Increase

1,4- Butanediol (BDO)                                              $0.05 / lb

Gamma-butyrolactone (GBL)                                   $0.05 / lb

Tetrahydrofuran (THF)                                               $0.07 / lb

N-methylpyrrolidone (NMP)                                      $0.05 / lb

Polytetramethylene ether glycol (PolyTHF®)             $0.07 / lb

BDO and its derivatives are used for producing engineering plastics, polyurethanes, solvents and elastic spandex fibers.

 

Read the source article at BASF – United States

Trinseo Sees Market Recovery: Preliminary Third Quarter 2020 Financial Results

The Company notes that many end markets, including automotive, tires and construction, experienced strong demand recovery in the third quarter after weak demand during the second quarter due to the COVID-19 pandemic. Third quarter volumes in the Performance Plastics, Synthetic Rubber and Latex Binders segments were similar to prior year. In addition, margins across most segments were higher than prior year.

 

Read the source article at Home – The Globe and Mail

LyondellBasell Sustainability Report Sets Ambitious Plastic Waste Targets – Pr NewsWire English

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HOUSTON and ROTTERDAM, Netherlands, Sept. 28, 2020 /PRNewswire/ — LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today released its annual Sustainability Report with the aim of affecting positive change and is focused on three transformational areas including plastic waste, climate change, and thriving societies.

Read the source article at m.dailyhunt.in

40 industry organisations call to postpone Substances of Concern in Products (SCIP) database in Europe

Brussels, 21 September – ETRMA and a coalition of 39 industry organisations wrote a letter to European Commission President Ursula von der Leyen calling for decisive action to solve implementation issues within the EU Waste Framework Directive (WFD), specifically the Substances of Concern in Products (SCIP) database.
The signatories representing a very significant part of the European Economy request urgent resolution of implementation issues in a database designed to support the circular economy as expressed in the European Green Deal. This “SCIP” database is required by Article 9.1 of the updated Waste Framework Directive.

Read the source article at etrma.org

BASF signs agreements with New Energy for uptake of pyrolysis oil derived from waste tires and for a joint feasibility study

Ludwigshafen, Germany and Budapest, Hungary – September 1, 2020 – BASF SE (“BASF”) signed an uptake supply agreement with New Energy, a technology company specialized in the pyrolysis of waste tires, headquartered in Budapest, Hungary. According to the agreement, New Energy will supply BASF with up to 4,000 metric tons of pyrolysis oil per year derived from waste tires. In a pilot phase, first volumes of the pyrolysis oil have already been utilized successfully in BASF’s integrated chemical production site (Verbund) in Ludwigshafen, Germany.

Read the source article at BASF – United States

BASF Reveals Emission Data To Help Firms Shrink CO2 Footprint

German chemical company BASF is providing its customers with carbon footprint information about all its products in a move to providing greater transparency and allowing customers to lower their CO2 emissions.

Read the source article at industryeurope.com

Elastomers for Sustainability Top 10

The top entries for the inaugural staging of ERJ’s new Elastomers for Sustainability initiative has now been decided by our judging panel led by leading experts in the field of polymer science & technology.

E4S is an industry-first sustainability initiative, designed to highlight significant advances for end-user sectors including automotive, tires, automotive components, construction, consumer, industrial and medical.

Read the source article at European Rubber Journal

Dow Launches MobilityScience Platform

Dow recently announced its MobilityScience platform designed to enhance the customer experience by tailoring technologies, products and services from across Dow businesses to the transportation industry. The platform is pursuing accelerated growth by addressing Mobility mega-trends with material science innovation, and enabling a seamless experience for Dow’s customers and partners.

Read the source article at Aftermarket News

Koppers Holdings Inc. Issues Annual Corporate Sustainability Report

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PITTSBURGH, July 20, 2020 /PRNewswire/ — Koppers Holdings Inc. (NYSE: KOP) today announced that it has published its annual Corporate Sustainability Report (CSR), which details the company’s comprehensive efforts and enhanced strategy to create a more sustainable future through:…

Read the source article at PR Newswire

Trinseo first quarter sales fall 18%

Berwyn, Pennsylvania – Trinseo SA’s synthetic rubber (SR) business has reported a double-digit decline in first quarter sales due in part to Covid-19.

Over the three months to end of March, segment’s sales fell 18% to $102 million (€94 million) while earnings (adjusted EBITDA) grew 36% to $15 million.

The company linked the decrease in sales to a volume decline of 8% as customers cancelled solution styrene butadiene rubber (SSBR) orders due to Covid-19 impact.

Read the source article at European Rubber Journal