On Tuesday, the Dow Jones Industrial Average will add a new member with an old name. Dow, the chemicals and plastics group being spun out of DowDupont, becomes a separate company on Monday and will join the DJIA the following day, with a market capitalisation estimated at about $40bn.
> Read the full article on the Financial Times website
By Ed Crooks
Source: Financial Times
Eastman Chemical Co. (Kingsport, Tenn.) announced it has acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region.
BASF and Israeli packager StePac have joined forces to create the “next generation” of fresh produce packaging. BASF will provide StePac with greater flexibility to advance contact-sensitive packaging formats to a higher sustainability standard by supplying StePac with Ultramid Ccycled – a chemically recycled polyamide 6.
TotalEnergies’ biorefinery in La Mède, France, allows direct access to renewable feedstock for its drop-in RE:newable polymer range derived from bio-based products. The company claims these polymers retain virgin-like properties.