Leading integrated high quality material engineering company, underlines its position as one of the main providers of nylon film solutions in Europe by renaming its business currently known as cfp flexible packaging S.p.A. to DOMO Film Solutions S.p.A. The name change is effective immediately. The purpose is to visibly incorporate the company within the DOMO Group brand identity and to clearly indicate its core business and related scope: providing customers with solutions based on more than 40 years of expertise and full upstream integration with the nylon 6 chemical chain. The company has been part of the DOMO Chemicals Group since July 2014 and has operated a new German BOPA plant since 2018.
Domo Film Solutions has a strong focus on sustainability and innovation of films for flexible packaging and other technical applications. A good example is the launch of its new Nyleen™ brand. This family of nylon films has a low carbon footprint compared to standard nylon film, according to a comparison between Ecoinvent 3.3 data and an LCA assessment performed by Quantis. Details of the study are available on request.
Introducing DOMO Film Solutions, the company’s Managing Director, Attilio Annoni said: “DOMO Film Solutions is committed to the sustainable future of nylon. The introduction of Nyleen™ is only the first step. We want to go further: in the short term, the company will launch the first-ever vertically recycled/recyclable nylon film; the film team is also developing strategic partnerships with the aim of investigating bio-based solutions.”
Chevron Phillips Chemical and Qatar Petroleum to ink agreement to develop US$8 bln petrochemical plant along US Gulf Coast
Chevron Phillips Chemical and Qatar Petroleum signed an agreement to develop a US$8 billion petrochemical plant along the U.S. Gulf Coast, the second pact between the companies to build such plants in the last few weeks, as per Reuters. The U.S. Gulf Coast II Petrochemical Project will include a 2,000 kilotons per year (KTA) ethylene cracker and two 1,000 KTA polyethylene units.
Chevron Phillips Chemical, a joint venture of Chevron and Phillips 66, will be the majority owner with a 51% share, with Qatar Petroleum owning 49% of the project. The companies expect a final investment decision no later than 2021 for the project, which has a target of starting in 2024.