By now, we’ve all heard about the rise of biofuels and the resulting pollution of our air, water and land.In recent years, we have seen a flurry of other chemicals banned and regulated in the U, such as lead, arsenic, and cyanide.And, thanks to a number of recent actions, those chemicals have become more widely available and have been linked […]
Petrochemics Group, the world’s largest producer of chemicals, is closing a deal with the U.S. petrochemist group GE Capital, buying the largest shareholder in its parent company, Petrochemists Group, for $1.8 billion.The deal closes the acquisition of Petrochemies, the second-largest producer of petrofuels, which makes a key ingredient for the fuel-cell technology powering electric vehicles.The transaction also includes a stake […]
The world’s petro chemical industry is a massive global industry, accounting for more than half of global chemical production, according to the U.S. Energy Information Administration.Canada’s petros exports were valued at $2.3 billion in 2018, with more than two-thirds coming from the United States.Canada exported about $5.8 billion of petro-chemical products in 2018.About 70 per cent of the petros exported […]