-
In August 2024, Eastman launched a new electronic-grade isopropyl alcohol (IPA) as part of its EastaPure™ line, designed to meet the high-purity standards required by U.S. semiconductor manufacturers. This domestically produced solvent ensures reliable supply and superior quality, supporting wafer fabrication and advanced packaging processes. Eastman’s state-of-the-art manufacturing facilities and dedicated storage systems help maintain 99.99% purity, addressing industry concerns over contamination and supply chain stability. This innovation strengthens Eastman’s position in the electronic chemicals market
- In June 2024, Cepsa initiated the construction of Spain’s first isopropyl alcohol (IPA) plant, marking a significant expansion in its chemicals business. Located in Palos de la Frontera, Huelva, the facility will produce 80,000 tons of IPA annually, catering to applications in hydroalcoholic gels, household, and industrial cleaning products. With a €75 million investment, the plant integrates green hydrogen and renewable raw materials, reinforcing Cepsa’s commitment to sustainability and supply autonomy. This milestone aligns with Spain’s broader energy transition strategy
- In April 2024, Shell PLC reaffirmed its commitment to achieving net-zero emissions by 2050, outlining its Energy Transition Strategy 2024. This plan focuses on reducing carbon intensity, investing in low-carbon solutions, and expanding carbon capture and storage (CCS) technologies. Shell’s strategy could influence its isopropyl alcohol (IPA) production, encouraging more sustainable processes to minimize environmental impact. The company has already allocated $10-15 billion for low-carbon investments between 2023 and 2025, reinforcing its dedication to cleaner energy solutions
- In October 2023, INEOS launched a new initiative to advance the circular economy in the chemical industry, focusing on recycling and reuse strategies for various materials, including isopropyl alcohol (IPA). The company has been integrating bio-based and recycled feedstocks into its production processes, commissioning new facilities to incorporate pyrolysis oil from recycled plastic waste. This effort aligns with INEOS’ broader sustainability goals, including its 2025 and 2030 polymer pledges, aimed at reducing environmental impact while maintaining industry-leading standards
- In January 2023, Dow unveiled plans to invest in a new propylene production facility on the U.S. Gulf Coast, aiming to strengthen its supply chain and production capabilities. Since propylene is a key feedstock for isopropyl alcohol (IPA), this expansion could indirectly influence IPA availability and pricing. The project aligns with Dow’s broader strategy to enhance domestic manufacturing and support downstream chemical industries
