Singaporean chemical industry news

The bond supports sustainable finance, aligns with Green Finance Framework, and funds Next Generation Solutions and Technologies. It was oversubscribed, attracting sustainability-focused investors.

The €500m bond supports sustainable projects, aligning with EU taxonomy. It funds renewable energy, eco-efficient products, and more, rated "Very Good" by Moody's.

The new facility in Singapore will process 60,000 tonnes of plastic waste annually, using Hydro-PRT technology to convert it into circular hydrocarbons, supporting regional recycling efforts.

The new plant boosts alkoxides production, enhancing supply security in Asia, supporting sustainability, and aligning with regional growth in biodiesel and pharmaceuticals.

Despite weak demand and economic uncertainties, EBITDA margin held at 15.2%. Sales fell 2.3%, with cost-cutting efforts doubled to €100M. EBITDA guidance adjusted to €1.3-1.4B for 2025.

The transition cuts Scope 1 and 2 emissions by one third, supporting a 25% reduction by 2030 and climate neutrality by 2050.

New paper bags cut plastic use, align with EU recycling rules, and reduce CO2 footprint by 20%. Quality and shelf life remain unchanged. Transition starts in Antwerp, with more sites to follow.

The first ship-to-ship ammonia transfer in Western Australia shows ammonia's potential as a marine fuel, with safety and scalability confirmed.