Trinseo is restarting the sales process for its Styrenics business, and it will focus on marketing individual plants and regional businesses, the US-based styrenics and engineered materials producer said on Thursday.
Trinseo had paused the process in July 2022 because of economic uncertainty and deterioration in financial markets.
Prior to that, the company had planned to sell its feedstocks and polystyrene segments as well as its 50% stake in Americas Styrenics (AmSty). Trinseo and Chevron Phillips Chemical own equal stakes in AmSty.
By Al Greenwood
Source: icis.com
PepsiCo Europe and crop nutrition company Yara have announced a long-term partnership aimed at providing European farmers with low-carbon crop nutrition solutions to help decarbonise the food value chain. Under the agreement, Yara will supply PepsiCo with up to 165,000 tons of fertiliser per year by 2030, covering around 25% of the food and beverage giant’s crop fertiliser needs across Europe.
BASF has signed an agreement to sell its flocculants business for mining applications to Solenis, a specialty chemicals manufacturer. The divestment of the flocculants business to Solenis is part of BASF’s ongoing portfolio optimisation with the aim of focusing on strategic core areas.
ADAMA Ltd. a leading crop protection company, announced that its board of directors has appointed Gaël Hili as its President and Chief Executive Officer, effective October 1, 2024. Hili will join the Syngenta Group Leadership Team and will be based in Tel Aviv.
