Deals Counterparts

Chevron and Sumitomo Chemical to Explore Sustainable Chemical Feedstocks

Joint Venture Sustainable Chemical Feedstocks announced United States Jul 27, 2025
research
Stage

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, and Sumitomo Chemical have agreed to jointly study the feasibility of producing sustainable chemical feedstocks from waste plastics.

Source Intelligence

KEY DETAILS

The research will be carried out by five GIC member companies : BASF, Clariant, Covestro, LyondellBasell and SUEZ, along with scientists from ETH Zurich, and will look at key scientific and technical challenges in waste-to-chemicals conversion.

Announcement
10 October 2025
PARTIES MENTIONED IN SOURCE
B
BASF member

"five GIC member companies : BASF, Clariant, Covestro, LyondellBasell and SUEZ"

C
Clariant member

"five GIC member companies : BASF, Clariant, Covestro, LyondellBasell and SUEZ"

C
Covestro member

"five GIC member companies : BASF, Clariant, Covestro, LyondellBasell and SUEZ"

L
LyondellBasell member

"five GIC member companies : BASF, Clariant, Covestro, LyondellBasell and SUEZ"

S
SUEZ member

"five GIC member companies : BASF, Clariant, Covestro, LyondellBasell and SUEZ"

E
ETH Zurich research

"along with scientists from ETH Zurich, and will look at key scientific and technical challenges in waste-to-chemicals conversion."

S
SABIC member

"GIC aims to co-develop and scale new technologies and business models, to tackle sustainability challenges that companies cannot solve on their own, with members including including BASF, SABIC, Clariant, Covestro, LG Chem, LyondellBasell, Mitsubishi Chemical Group, Moeve, Syensqo, and SUEZ."

L
LG Chem member

"GIC aims to co-develop and scale new technologies and business models, to tackle sustainability challenges that companies cannot solve on their own, with members including including BASF, SABIC, Clariant, Covestro, LG Chem, LyondellBasell, Mitsubishi Chemical Group, Moeve, Syensqo, and SUEZ."

M
Mitsubishi Chemical Group member

"GIC aims to co-develop and scale new technologies and business models, to tackle sustainability challenges that companies cannot solve on their own, with members including including BASF, SABIC, Clariant, Covestro, LG Chem, LyondellBasell, Mitsubishi Chemical Group, Moeve, Syensqo, and SUEZ."

M
Moeve member

"GIC aims to co-develop and scale new technologies and business models, to tackle sustainability challenges that companies cannot solve on their own, with members including including BASF, SABIC, Clariant, Covestro, LG Chem, LyondellBasell, Mitsubishi Chemical Group, Moeve, Syensqo, and SUEZ."

S
Syensqo member

"GIC aims to co-develop and scale new technologies and business models, to tackle sustainability challenges that companies cannot solve on their own, with members including including BASF, SABIC, Clariant, Covestro, LG Chem, LyondellBasell, Mitsubishi Chemical Group, Moeve, Syensqo, and SUEZ."

medium quality Enriched Feb 19, 2026

Timeline

Announced
Jul 27, 2025
Signed
Closed
1 of 1 Sustainable Chemical Feedstocks deals tracked this month · Updated daily

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