American chemical industry news (page 2)

14 May 2025
Aramco Signs 34 MoUs with US Firms
Aramco's $90B MoUs target LNG, chemicals, AI, and more, enhancing shareholder value and fostering innovation with US partners.
9 May 2025
LANXESS Reports 32% EBITDA Increase in Q1 2025
Sales stable at EUR 1.6B. Net income improved but still negative. Urethane Systems sold. Cost savings and better capacity utilization drive earnings growth.
7 May 2025
Marubeni and ExxonMobil Sign Low-Carbon Ammonia Agreement
The deal secures 250,000 tonnes of low-carbon ammonia annually for Japan, supporting decarbonization goals and aiming to establish a global low-carbon ammonia market by 2030.
23 April 2025
Calpine and ExxonMobil Sign CO2 Storage Deal
Agreement to store 2M MTA CO2 from Baytown Energy Center, supporting low-carbon power and steam. Part of ExxonMobil's CCS expansion, enhancing energy security and industrial competitiveness.
27 March 2025
IFF and Kemira Launch Joint Venture for Biobased Materials Production
Alpha Bio will invest €130M to produce 44,000 MT of biopolymers by 2027, using IFF's DEB technology in Finland, creating 30 jobs and offering sustainable alternatives to fossil-based products.
12 March 2025
Northvolt Declares Bankruptcy in Sweden
Facing financial challenges, the company filed for bankruptcy in Sweden. A trustee will oversee asset sales and operations, while subsidiaries in Germany and North America remain unaffected.

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