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BASF Signs Offtake Agreement with Braven for Recycled Feedstock

BASF and Braven Environmental, a market leader in advanced recycling, have signed a supply agreement for Braven PyChem. This recycled feedstock, derived from mixed plastic waste, will partially replace fossil resources at the BASF TotalEnergies Petrochemical (BTP) facility in Port Arthur, Texas, US, the companies said. Under the agreement, Braven will supply BASF from a multi-unit facility that it plans to build in Texarkana, Texas.

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Air Liquide to Launch New Renewable Hydrogen Production Facility in France

French industrial gases group Air Liquide is launching a renewable hydrogen production project at La Mède, France, to supply TotalEnergies’ biorefinery at that site under a long-term contract. AirLiquide will build, own, and operate the new unit with a capacity of 25,000 t/y, producing hydrogen from recycled biogenic by-products instead of fossil hydrocarbons.

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TotalEnergies Acquires Iber Resinas

TotalEnergies has acquired Spanish mechanical recycling company Iber Resinas for an undisclosed sum. The French energy, chemicals and plastics company said the acquisition will increase its production of circular polymers in Europe, extend its range of recycled products and enhance its access to feedstock through Iber Resinas’ network of suppliers.

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TotalEnergies Sells Half of Renewable Projects Portfolio

TotalEnergies is selling half of its portfolio of renewable projects to French insurance specialist Crédit Agricole Assurances. The transaction, which implies an enterprise value of $300 million, includes 23 solar power plants and six wind farms, of which 25 are already operational and four are due to be commissioned in the first half of this year.

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Germany Opens Second LNG Import Terminal

Germany inaugurated its second liquefied natural gas (LNG) import terminal on Jan. 14 in the Baltic seacoast town of Lubmin, in the presence of chancellor Olaf Scholz and Manuela Schwesig, prime minister of the state of Mecklenburg-Western Pomerania.

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Special Issue

Circular Plastics Economy
Explore the Future of Plastics

Circular Plastics Economy

This special CHEManager issue explores the industry’s pivotal shift towards a more sustainable, circular plastics value chain. Readers will find expert analysis and real-world solutions for today’s most pressing recycling and regulatory challenges.

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