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The company received the certification at its PO/PG and polyols manufacturing site in Freeport, Texas, recognizing the implementation of decoupling fossil feedstocks by using waste-sourced feedstock.

The company announced another significant milestone in the decarbonization of its acrylic production chain, obtaining the certification for its acrylic acid and ester production facility located in Taixing, Jiangsu Province, China.

Affected by the situation on the Red Sea and Suez Canal, the company will pass on the surcharges that global carriers have imposed on their shipments as of February 1st, 2024.

John McAllister will serve as Vice President of Sales for both the Industrial and Personal Care Divisions, and develop strategies to achieve Micro Powders’ fiscal targets along with expansion into new markets.

Highlights of the results include a net sales increase of 4.9% year-over-year to $1.3 billion, a net income increase of $30 million year-over-year to $74 million, and an adjusted EBITDA increase of $43 million year-over-year to $251 million.

As one of the first phases of Evonik’s ‘Herne Green Deal’ to sustainably transform the Herne chemical site, the TORTE project will feed industrial waste heat from isophorone production into the district heating network.

As part of the company’s global strategy for 1,4-butanediol (BDO), it has assessed the market environment and product carbon footprints (PCF) of BDO and its downstream products from different production sites worldwide.

Nouryon recently recognized seven of its top global supply chain partners through its annual 2023 Supplier of the Year Awards event held in Miami, Florida. 

Highlights of the report include a 12% volume growth and 5.5% value growth in the company's Decorative Business segment in addition to showing a consistent double-digit volume growth trend on a four-year CGR basis.