Together for Sustainability (TfS) and the World Business Council for Sustainable Development's Partnership for Carbon Transparency (WBCSD PACT) have signed a Memorandum of Understanding to form a collaboration aimed at advancing sustainable practices within global supply chains. This follows several months of work to strengthen their relationship.

Arkema has complete the sale of its Functional Polyolefins business to SK Global Chemical as previously announced. This is said to be in line with the company’s strategy of refocusing on speciality materials by 2024, as is another new deal with integrated agricultural company Nutrien in the US.

Functional Polyolefins was part of Arkema’s PMMA activity, making ethylene copolymers and terpolymers for the food packaging, cable, electronics and coatings markets. It had sales of about €250 million/year, an and 130 employees, all of whom will transfer to SK.