(IN BRIEF) In 2023, Brenntag reported solid financial results despite market challenges, with sales declining by 11.0% due to lower prices and volumes. Operating gross profit reached 4,041.8 million EUR (-3.7%), and operating EBITA stood at 1,265.0 million EUR (-13.1%), … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management
Tagged Brenntag, Brenntag Essentials, Brenntag Essentials showed a resilient performance according to expectations. Especially the North America segment achieved a positive result, Brenntag Specialties, chemicals, Christian Kohlpaintner, dividend, eaarnings, Earnings per share, financial performance, financial results, Free cash flow, Guidance 2024, ingredients distribution, Kristin Neumann, operating EBITA, Operating gross profit, Outlook & Guidance 2024, partly compensating the de
(IN BRIEF) Evonik and Desktop Metal have enhanced their partnership with the qualification of Evonik’s INFINAM® ST 6100 L photopolymer on Desktop Metal’s ETEC Xtreme 8K and Pro XL 3D printers. INFINAM® ST 6100 L, renowned for its high strength … Read the full press release
(IN BRIEF) Evonik announces the release of the 2023 US Crop Report, which has been integrated into its AMINODat® 6.2 database, marking a significant advancement in its animal nutrition services. This state-specific data for corn and soybean meal, exclusively from … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged AMINODat® 6.2, Animal Nutrition, Evonik, US Crop Report, Victor Naranjo
(IN BRIEF) In March 2024, Borealis commemorates its three-decade journey as a pioneer and innovator in the polymers industry, celebrating its contributions to industry advancement and sustainability. Born from a merger between Statoil and Neste, Borealis has evolved into a … Read the full press release
Posted in Austria, Business, Chemicals, Environment, Industrial, Management, Media, News, Technology
Tagged 30 Years of Innovation, Borealis, sustainability, Thomas Gangl, transformation
(IN BRIEF) Henkel’s recently published sustainability report for 2023 underscores the company’s significant strides in advancing its global sustainability strategy. Notable achievements include a 61 percent reduction in CO2 emissions per metric ton of product since 2010 and an increase … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged Carsten Knobel, environmental, Henkel, Social Progress, Sustainability Report 2023, Sylvie Nicol
(IN BRIEF) Henkel reports strong business performance for 2023, with sales reaching 21.5 billion euros and a significant increase in operating profit (EBIT) by 10.2 percent, alongside other notable achievements. The company’s purposeful growth agenda, including the accelerated merger of … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Government, Industrial, Investment, Management, News
Tagged Carsten Knobel, Financial, Henkel, investment
(IN BRIEF) Syngenta Group, a leading global agriculture technology company, has announced key collaborations stemming from its innovation accelerator platform, Shoots by Syngenta, launched in 2023. These collaborations involve partnerships with IBM Research and US biotech firm Maxygen, aiming to … Read the full press release
(IN BRIEF) Yara Brasil Fertilizantes S.A. (Yara) and Petrobras have entered into a non-binding Memorandum of Understanding (MOU) aimed at exploring potential business collaborations concerning the production and decarbonization of local fertilizer and industrial products in Brazil. With Brazil being … Read the full press release
Posted in Agriculture, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged Brasil, decarbonization, fertilizer, industrial sectors, partnership, Petrobras, sustainability, Yara
(IN BRIEF) At the Silicone Expo Europe, commencing in Amsterdam, the WACKER Group is set to showcase its latest silicone-based product solutions tailored for various industrial sectors. These offerings include silicone gels for wound care, non-postcuring liquid silicone rubber for … Read the full press release
(IN BRIEF) Metso has installed a state-of-the-art multi-purpose scrubber pilot plant at its R&D center in Frankfurt, Germany. This facility will focus on developing and optimizing gas cleaning processes, particularly simultaneous scrubbing of SO2 and NOx at low temperatures. Equipped … Read the full press release
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release
(IN BRIEF) Henkel’s phase change thermal interface material (TIM), Bergquist Hi Flow THF 5000UT, has been honored by the 2024 Lightwave Innovation Reviews for its innovative contributions to fiberoptics and optoelectronics applications. Recognized for its silicone-free composition and ability to … Read the full press release
Posted in Awards, Business, Chemicals, Germany, Industrial, Management, Media, News, Technology
Tagged Awards, Bergquist Hi Flow THF 5000UT, Henkel, Sean Buckley, Thermal Interface Material, Wayne Eng
(IN BRIEF) Evonik has partnered with Jland Biotech to introduce vegan collagen for cosmetic and personal care applications. Through an investment from Evonik’s Venture Capital group, the collaboration aims to meet the rising demand for sustainable collagen solutions in skincare. … Read the full press release
Posted in Apparel, Fashion & Beauty, Chemicals, Germany, Pharma & Biotech
Tagged Anti-Aging, collagen, color cosmetics, Cosmetic, Evonik, hair care, hydrating creams, Jland Biotech, Johann-Caspar Gammelin, personal care applications, skin care, skin cleansing, skincare, sun care, Vecollage™ Fortify L, vegan collagen, Vegan Society, Yann d'Hervé
(IN BRIEF) INEOS Automotive and BASF’s Coatings division have entered a global agreement to advance automotive refinish body and paint development, aiming to surpass industry standards. The partnership focuses on delivering sustainable refinish solutions, digital color-matching solutions, and training to … Read the full press release
(IN BRIEF) Covestro and RWE have inked a substantial long-term power purchase agreement (PPA) aimed at bolstering Covestro’s Antwerp production site in Belgium with renewable energy from offshore wind turbines in the North Sea. This collaboration, spanning from 2026 to … Read the full press release
(IN BRIEF) Evonik has partnered with the University of Mainz to commercialize a new class of polyethylene glycols (PEGs) called randomized polyethylene glycols (rPEGs). These rPEGs will be integrated into Evonik’s specialized lipid platform for drug delivery in nucleic acid-based … Read the full press release
Posted in Chemicals, Germany, Healthcare, Pharma & Biotech, Science, Technology
Tagged Evonik, immunogenicity, lipid, lipid nanoparticle carriers, lipids, LNP carriers, nucleic acid delivery, nucleic acid-based medicines, PEGs, Polyethylene glycols, polymers, Prof. Dr. Holger Frey, randomized polyethylene glycols, rPEG lipids, rPEG-lipids, rPEGs, specialty chemicals, Thomas Riermeier, University of Mainz
(IN BRIEF) Equinor and Deepak Fertilisers have inked a significant 15-year agreement for the supply of liquefied natural gas (LNG), commencing deliveries in 2026. Drawing from Equinor’s expansive global LNG portfolio, which encompasses production from the Hammerfest LNG Plant in … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has inked a EUR 50 million loan agreement with Kemira Oyj, a Finnish chemicals company, to fund Kemira’s research and development endeavors from 2023 to 2026 in Espoo, Finland. The loan, spanning over … Read the full press release
(IN BRIEF) A new report by Corporate Europe Observatory sheds light on a concerning collaboration between EU leaders and major chemical corporations, set to discuss a “European Industrial Deal” in Antwerp. Despite alarming levels of chemical exposure and biodiversity collapse, … Read the full press release
Posted in Belgium, Business, Chemicals, Environment, European Union, Financial, Government, Industrial, Investment, Law, Management, News, Politics
Tagged Alexander De Croo, biodiversity, Chemical Pollution Crisis, Corporate Europe Observatory, EU Leaders, partnership, sustainability, Ursula von der Leyen, Vicky Cann
(IN BRIEF) Henkel, a global leader in adhesive technologies, has announced the acquisition of Seal for Life Industries LLC, a US-based provider of protective coating and sealing solutions, from Arsenal Capital Partners. With Seal for Life’s expertise in infrastructure markets … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged acquisition, Carsten Knobel, Henkel, Maintenance Repair Overhaul (MRO) Solutions, Mark Dorn, partnership, Seal for Life Industries, sustainability, USA
(IN BRIEF) Chemetall, a leading global supplier of surface treatment solutions, inaugurates its cutting-edge Global Aluminum Competence Center in Giussano, Italy, signaling a significant stride in the aluminum application arena. The center consolidates Chemetall’s extensive expertise in aluminum surface treatment, … Read the full press release
Posted in Business, Chemicals, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Metals and Minerals, News, Technology
Tagged Aluminum Solutions Center, Arjan Termaten, BASF, Chemetall, Daniela Polzot, Frank Naber, Giussano, Italy, partnership, sustainability
(IN BRIEF) Covestro has inaugurated a groundbreaking pilot plant at its Leverkusen site, heralding a significant leap in chemical production. This innovative facility is set to produce aniline—a crucial chemical component—solely from plant biomass, departing from traditional petroleum-based methods. Aniline … Read the full press release
(IN BRIEF) Henkel is proud to announce the launch of the third edition of the “Martha Schwarzkopf Award for Women in Science,” aimed at empowering female scientists in the field. This prestigious award, named after Martha Schwarzkopf, recognizes outstanding contributions … Read the full press release
Posted in Apparel, Fashion & Beauty, Awards, Chemicals, Germany, Science, Technology
Tagged Andrea Sättler, Astrid Kleen, Award, Emerging Talents, female researchers, female scientists, Frank Meyer, hair care, hair cosmetics, hair research, Henkel, Institute for Hair Research, International Day of Women, Martha Schwarzkopf, Martha Schwarzkopf Award, Schwarzkopf, Women in Science
(IN BRIEF) INEOS Inovyn introduces a groundbreaking Ultra Low Carbon (ULC) range of Chlor-Alkali products, slashing the carbon footprint of caustic soda, caustic potash, and chlorine by up to 70% compared to industry norms. Leveraging renewable energy sources such as … Read the full press release
Posted in Business, Chemicals, Environment, Industrial, Management, News, United Kingdom
Tagged Arnaud Valenduc, INEOS, INEOS Inovyn, sustainability, Ultra Low Carbon Chlor-Alkali Range
(IN BRIEF) The University of Warwick and Aston University have secured a £1.8 million grant to advance research in engineering microbial cell factories for the production of membrane proteins, crucial molecules in drug discovery and sustainable manufacturing. Funded by the … Read the full press release
Posted in Business, Chemicals, Education, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom
Tagged Aston University, Dr. Alexander Darlington, Dr. Doug Browning, Engineering Biology Project, Membrane Protein Research, partnership, Professor Phillip Stansfeld, UKRI, University of Warwick
(IN BRIEF) WACKER has achieved an exceptional milestone by securing the highest rating of A in the Climate Change category of the CDP’s annual sustainability assessment, reaffirming its leadership in climate protection. This recognition underscores WACKER’s commitment to environmental stewardship … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Germany, Industrial, Management, News
Tagged Awards, CDP, climate change, Peter Gigler, Sustainability Assessment, WACKER
(IN BRIEF) Evonik and Uniper have initiated the Technical Options for Thermal Energy Recovery (TORTE) project in Gelsenkirchen as part of Evonik’s broader sustainability initiative, the ‘Herne Green Deal’, aimed at transforming the Herne chemical site. The TORTE project will … Read the full press release
(IN BRIEF) Yara, a leading fertilizer company, announced its fourth-quarter financial results, revealing a decline in earnings compared to the previous year due to lower market prices and one-off position effects. Despite this, the company’s EBITDA stood at USD 586 … Read the full press release
Posted in Agriculture, Business, Chemicals, Economy, Financial, Industrial, Investment, Management, News, Norway
Tagged earnings, Financial, investment, Svein Tore Holsether, Yara
(IN BRIEF) BASF, in line with its global strategy for 1,4-butanediol (BDO), commenced the process to divest its shares from joint venture companies in Korla, China, due to environmental concerns and evolving market dynamics. The decision follows an assessment of … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Germany, Government, Industrial, Management, News
Tagged BASF, CHINA, divestment, sustainability, Xinjiang Joint Ventures
(IN BRIEF) Evonik has introduced a new photopolymer resin, INFINAM® FR 4100L, specifically designed for DLP 3D printers, offering both flame retardancy and mechanical durability when cured. With a UL 94 flame retardancy rating of V-0 at 3mm thickness, the … Read the full press release
Posted in Automotive, Aviation & Aerospace, Business, Chemicals, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged aerospace, Automotive Industries, DLP 3D printers, Dominic Stoerkle, electronics, Evonik, Flame Retardant 3D Printing Resin, INFINAM® FR 4100L, Vitor Lavini
(IN BRIEF) trinamiX GmbH is showcasing its Face Authentication with liveness detection technology for smartphones and vehicles, offering a secure and convenient method to protect devices and data. The solution even detects realistic three-dimensional masks, ensuring user privacy without compromising … Read the full press release
Posted in Automotive, Business, Chemicals, Electronics & Machinery, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Spain, Technology, Telecom
Tagged automotive, BASF, consumer electronics, Innovative Sensing Solutions, MWC 2024, smartphones, Spain, trinamiX
(IN BRIEF) The European Chemicals Agency (ECHA) has awarded a €4.2 million contract to a consortium led by the Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM) to conduct scientific studies on New Approach Methodologies (NAMs) as alternatives to animal … Read the full press release
Posted in Business, Chemicals, Education, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged Alternative Testing Methods, BASF, consortium, ECHA, Fraunhofer Institute for Toxicology and Experimental Medicine (ITEM), partnership, Professor Hennicke Kamp, sustainability
(IN BRIEF) Evonik, a prominent silica producer, is investing in the expansion of its precipitated silica plant in Charleston, USA, to meet the rising demand, particularly from the tire industry in North America. The investment, amounting to a mid-double-digit million … Read the full press release
Posted in Automotive, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Charleston, Emmanuel Auer, Evonik, investment, Lauren Kjeldsen, Maike Schuh, partnership, silica production, sustainability, tire industry, USA
(IN BRIEF) BASF has teamed up with the International Rice Research Institute (IRRI) to launch the “OPTIMA Rice” project aimed at curbing greenhouse gas (GHG) emissions in rice production. The initiative supports BASF’s commitment to reducing carbon dioxide equivalent (CO2e) … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Management, News
Tagged "OPTIMA Rice", Bas Bouman, BASF, greenhouse gas (GHG) Emissions, IRRI, Marko Grozdanovic, partnership, PHILIPPINES, Rice Production", sustainability
(IN BRIEF) SGL Carbon, a leading global supplier of carbon-based solutions, affirms its supply capability remains unaffected by the Chinese government’s export control measures imposed on certain natural graphite materials and products starting December 1, 2023. While natural graphite products … Read the full press release
(IN BRIEF) Linde (Nasdaq: LIN) has announced an expansion of its supply agreement with Celanese, a global chemical and specialty materials company, by providing captured carbon dioxide and clean hydrogen from its Clear Lake facility in Texas. Celanese will use … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Amer Akhras, carbon dioxide, Celanese, Clean hydrogen, Linde, Lower Carbon Methanol Production, Mark Murray, partnership, sustainability, USA
(IN BRIEF) Borealis has named Mirjam Mayer as the Vice President of Circular Economy Solutions (CES) starting from January 1, 2024. In this role, Mayer will oversee and manage the entire value chain of Borealis’ Circular Economy Solutions. Mayer, who … Read the full press release
Posted in Austria, Business, Chemicals, Industrial, Management, News
Tagged appointment, Borealis, leadership, Mirjam Mayer, Thomas Gangl, Vice President of Circular Economy Solutions
(IN BRIEF) In a remarkable achievement, the sustainable castor program initiated by Arkema, BASF, Jayant Agro-Organics, and Solidaridad in May 2016 has now certified over 7,000 farmers, resulting in substantial individual yield increases. More than 7,000 hectares of semi-arid land … Read the full press release
Posted in Agriculture, Business, Chemicals, Environment, Financial, France, Government, Industrial, Investment, Management, News
Tagged 'Pragati', Arkema, BASF, Castor Program, farmers, INDIA, Jayant Agro-Organics, Jayeshbhai Ramjibhai Mujat, partnership, Solidaridad, sustainability
(IN BRIEF) In collaboration with Arkema, Jayant Agro-Organics, and implementation partner Solidaridad, BASF’s sustainable castor farming project, known as Pragati, has achieved significant milestones in its seven-year journey. Over 7,000 farmers have been trained and certified, cultivating more than 74,500 … Read the full press release
(IN BRIEF) In a bid to address the growing demand for sustainable accident repairs and uniform sustainability standards, BASF’s Coatings division is collaborating with industry partners, including associations, insurers, work providers, fleet operators, and body shops, to develop a global … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
