Lux takeaways on Saudi Aramco's $75 million acquisition of Novomer’s CO₂-to-polyols business

Last week, oil and gas (O&G) major Saudi Aramco announced the acquisition of Novomer’s Converge® technology platform and product line for CO2-based polyols. Novomer develops a technology to catalytically react 99.9% pure CO2 with commodity epoxides to produce polypropylene carbonate (PPC) and polyet...

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