Chevron Phillips Chemical (CPChem) and QatarEnergy — formerly Qatar Petroleum — have taken a positive final investment decision on their proposed $8.5 billion joint ethylene/PE complex in the US. They have formed a joint venture called Golden Triangle Polymers, owned 51% by CPChem and 49% by QatarEnergy.
Bioplastics producer Danimer Scientific is collaborating with Chevron Phillips Chemical (CPChem) to explore a loop slurry reactor design for making a type of polyhydroxyalkanoate (PHA) called Rinnovo. The Rinnovo PHA is synthesized from lactones produced using Danimer’s proprietary Novo22 catalyst technology, which can be used to make biodegradable alternatives to traditional, fossil-based plastics.
