- In May 2025, Gelest, a Mitsubishi Chemical Group company, completed the expansion of its specialty materials production facility at its global headquarters in Morrisville, Pennsylvania. The new 50,000-square-foot building significantly boosts Gelest’s manufacturing capacity, supporting applications across microelectronics, medical devices, thermal coatings, and mobility solutions. Designed with advanced equipment and a 3,000-square-foot ISO 7 cleanroom, the facility enhances operational efficiency and ensures chemical purity. This expansion reflects Gelest’s ongoing investment in cutting-edge material science and its commitment to meeting the growing global demand for high-performance specialty chemistries
- In May 2024, Honeywell introduced a groundbreaking Naphtha to Ethane and Propane (NEP) technology, aimed at transforming petrochemical production by enhancing energy efficiency and sustainability. This innovative process enables the conversion of naphtha and LPG feedstocks into ethane and propane, which are then directed to specialized cracking units to maximize ethylene and propylene yields. Compared to traditional mixed-feed steam crackers, the NEP approach reduces CO₂ emissions by up to 50% and increases net cash margins by 15–50%, while minimizing lower-value byproducts. The launch underscores Honeywell’s commitment to advancing low-carbon, high-efficiency solutions for the global petrochemical industry
- In November 2023, Braskem and Oxiteno announced a strategic partnership to advance the production of bio-attributed ethylene derived from renewable sources. Certified by the International Sustainability and Carbon Certification (ISCC), this ethylene is produced using a mass balance approach, blending traditional carbon sources with recycled or renewable feedstocks. Oxiteno will utilize this certified raw material to develop innovative, sustainable chemical solutions, maintaining the same quality as conventional products while significantly reducing fossil fuel dependency and greenhouse gas emissions. The collaboration reflects both companies’ shared commitment to decarbonization, eco-efficiency, and a circular economy in the petrochemical sector
- In November 2023, Dow announced an $8.9 billion investment to build a net-zero petrochemical complex in Alberta’s Industrial Heartland, near Fort Saskatchewan, Canada. Known as the Path2Zero project, this facility is set to become the world’s first integrated ethylene cracker and derivatives site with net-zero Scope 1 and 2 emissions. It will produce approximately 3 million tonnes of low- to zero-carbon ethylene and polyethylene derivatives annually. Backed by both federal and provincial funding, construction was scheduled to begin in 2024, with completion in phases through 2029, reinforcing Dow’s commitment to industrial decarbonization
- In July 2023, SABIC launched a new PCR-based NORYL™ portfolio, advancing its commitment to sustainability and circularity in the petrochemical industry. These innovative resins incorporate 25% or more post-consumer recycled (PCR) content, with some grades—such as NORYL NH5120RC3—achieving a 10% reduction in global warming potential compared to fossil-based counterparts. The portfolio also includes bio-based variants certified under ISCC+, offering drop-in replacements for traditional grades without compromising performance. With over 200 existing grades and the ability to customize new ones, SABIC’s initiative supports customers in reducing their carbon footprint while maintaining high material standards
