Saint-Gobain (Courbevoie, France) has entered into agreements for the sale of its glass processing businesses Eckelt Glas and Glas Ziegler in Austria to the privately-owned German group AEQUITA, as well as the sale of its holding in the co-venture Glaskontor Erfurt – a glass processing business in Germany – to the CALEOGLAS Group. The closing of all these transactions is expected by the summer 2022. Together, these businesses generated sales of around €55 million in 2021 and employ more than 320 people. These transactions are part of Saint-Gobain’s continued business profile optimization strategy, in line with the “Grow & Impact” plan objectives.
By Mary Page Bailey
Source: chemengonline.com
Researchers have developed a new chemical process capable of vaporizing plastics and converting them into hydrocarbon building blocks for new materials. This catalytic process breaks down two of the most dominant types of post-consumer plastic waste — PE and PP — into monomers, offering a potential solution to packaging waste management.
On 2 September 2024 it has been agreed that Heikki Malinen will assume the role of Neste’s President and CEO on 15 October 2024. He succeeds Matti Lehmus, who will continue as the President and CEO of Neste until 14 October 2024 and then act as an advisor to the company and its management until mid-November 2024 to ensure a smooth transition.
Eni SpA (Rome) and Azerbaijan’s state energy company Socar (Baku) have signed a memorandum of understanding (MOU) for potential cooperation in the biofuels production chain, including the possible conversion of conventional crude oil refineries into biorefineries. A schedule for potential projects was not given.
