Americas top stories: weekly summary
ICIS Editorial
06-Dec-2021
HOUSTON (ICIS)–Here are the top stories from ICIS News from the week ended 3 December.
Activist investor urges
US Berry to consider sale
Activist investor Ancora Holdings Group is
urging packaging producer Berry Global Group to
consider going private or selling itself
because its shares are lagging its peers and
the larger stock market.
Lanzatech scales up
greenhouse gas-to-chemicals
biotechnology
US biotechnology company Lanzatech
– overall
winner of this year’s ICIS Innovation
Awards – is scaling up quickly to commercialise
its microbial greenhouse gas-to-ethanol
technology which has potential applications
across the chemical industry.
US
Dow expects strong PE demand to continue in
’22
Dow expects demand for polyethylene (PE) will
remain strong in 2022 because the global
economy will continue expanding at levels not
seen in more than a decade, the CFO of the
US-based producer said on Wednesday.
Canadian province targets
renewable fuels role with refinery
conversion
The planned conversion of the 130,000 bbl/day
Come By Chance refinery in Newfoundland and
Labrador positions the eastern Canadian
province as a key supplier of renewable fuels
while supporting its transition to a green
economy.
Global chemical sentiment
bearish on Omicron spread
Global chemical sentiment has become bearish
amid the rise of the Omicron variant of the
coronavirus, with buyers sidelined at a time of
uncertainty and as several countries imposed
travel restrictions and temporary border
closures.
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