bp to sell petrochemicals business to Ineos

bp announced that it has agreed to sell its global petrochemicals business to Ineos for a total consideration of $5 billion, subject to customary adjustments. The agreed sale, the next strategic step in reinventing bp, will further strengthen bp’s balance sheet and delivers its target for agreed divestments a year earlier than originally scheduled. Under the

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PETcast #4: Taiwan Hon Chuan Enterprise Company Ltd.

In this PETcast we meet Chairman Keith Dai from THC in Taiwan. Enjoy our interview with conversion giant and OEM bottler Taiwan Hon Chuan (THC) from Taichung city. We discuss with Chairman Keith Dai on the latest developments and expansions within his company, which now runs 39 plants in total in Taiwan

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BevTech EU 2020 in digital format

The International Society of Beverage Technologists (ISBT) is an impartial organisation that deals with all technical and scientific aspects of beverages. Next to providing forums for scholarly discussions, publishing of “voluntary” technical guidelines and best practices, the annual BevTech meetings are a widely  recognised activity of the ISBT. These meetings are

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Clariant completes the sale of its masterbatches business to PolyOne for approx. USD 1.6 billion

Clariant, a focused, sustainable and innovative specialty chemical company, completed the sale of its entire masterbatches business to PolyOne. The enterprise value of the sale, which consists of separate transactions for Clariant’s global masterbatches business and its masterbatches business in India, amounts to approximately USD 1,560 million which is equivalent to

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South African plastic industry announces positive PET recycling rate

Latest stats show 62% of all PET plastic beverage bottles produced in SA in 2019 were collected for recycling Despite global market contractions, and now the rolling economic impact of Covid-19, South Africa’s PET plastic recycling value chain has kept its wheels turning, delivering another positive annual recycling rate while creating

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