(IN BRIEF) Evonik has completed the acquisition of Thai Peroxide Company Limited (TPL), a former joint venture, to expand its specialty-grade hydrogen peroxide and peracetic acid offerings in the Asia Pacific region. TPL is a significant regional supplier of these … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Active Oxygens, Asia Pacific, Claus Rettig, Evonik, Lauren Kjeldsen, Michael Träxler, partnership, Specialty Peroxides, sustainability, Thai Peroxide Company
(IN BRIEF) Specialty chemicals company Evonik is investing double-digit millions of euros to expand its POLYVEST® HT plant in Marl, Germany. This expansion, expected to be completed by the second quarter of 2024, will increase production capacity for hydroxyl-terminated polybutadienes … Read the full press release
(IN BRIEF) Saint-Gobain, a global leader in construction materials, has announced its intent to acquire a majority stake in IMPTEK Chova del Ecuador, a prominent player in the construction chemicals market in Ecuador known for its innovative waterproofing solutions. This … Read the full press release
(IN BRIEF) Sika, a global leader in construction and automotive solutions, has opened a cutting-edge Technology Center in Suzhou, China. This center, with a substantial double-digit million CHF investment, focuses on sustainable and high-performance technologies for the construction and automotive … Read the full press release
Posted in Automotive, Business, Chemicals, Construction, Industrial, Switzerland, Technology
Tagged adhesives, Cement, CHINA, concrete admixtures, Patricia Heidtman, sealants, Sika, Suzhou
(IN BRIEF) Linde, a global industrial gas and engineering company, has announced its 21st consecutive inclusion in the Dow Jones Sustainability World Index (DJSI World), along with its inclusion in the DJSI North America. The DJSI World represents sustainability leaders … Read the full press release
Posted in Awards, Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management, News, United Kingdom
Tagged Awards, Dow Jones Sustainability World Index, Linde, Sanjiv Lamba, sustainability
(IN BRIEF) Yara, a global leader in agricultural solutions, has announced the acquisition of Agribios Italiana’s organic-based fertilizer business, strengthening its commitment to regenerative agriculture and soil health in Europe. By combining Agribios’ expertise in organic-based fertilizers with Yara’s reach … Read the full press release
Posted in Agriculture, Business, Chemicals, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Norway, Technology
Tagged acquisition, Agribios Italiana, Fertilizer Business, Giovanni Ravagnan, Mónica Andrés Enríquez, organic, Organic Farming, partnership, sustainability, Yara
(IN BRIEF) Henkel, a global leader in adhesives, participated in a panel discussion hosted by Schneider Electric at the United Nations Climate Change Conference (COP28). The panel, titled “Beyond Carbon – Decarbonizing the Supply Chain for a Greener Tomorrow,” focused … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Government, Industrial, Management, Media, News
Tagged climate change conference, COP28, decarbonization, Dr. Philipp Loosen, Henkel, partnership, Schneider Electric, supply chain, sustainability, UN
(IN BRIEF) BASF has introduced Irgastab® PUR 71, an innovative anti-scorch solution designed to meet regulatory standards and deliver exceptional performance without the use of aromatic amines, addressing the limitations of conventional additives. In the manufacturing of polyurethane foams, the … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Anti-Scorch Solution, BASF, Dr. Bettina Sobotka, Irgastab® PUR 71, sustainability
(IN BRIEF) Arkema has entered into a 20-year contract with EDF Renewables to supply 20 GWh/year of renewable electricity, beginning in 2026. This partnership will cover 70% of Bostik’s electricity consumption across its eight sites in France. The move towards … Read the full press release
(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release
(IN BRIEF) Borealis has announced the appointment of Craig Arnold, currently serving as Chief Commercial Officer at Ferroglobe PLC, as the new Executive Vice President (EVP) for Polyolefins, Circular Economy Solutions, and Innovation & Technology, effective from February 1, 2024. … Read the full press release
Posted in Austria, Business, Chemicals, Industrial, Management, News, Technology
Tagged appointment, Borealis, Craig Arnold, Daniela Vlad, EVP, leadership, Thomas Gangl
(IN BRIEF) BASF, a major player in the chemical industry, has announced new sustainability commitments, including targets for Scope 3.1 emissions. The company aims to reduce its specific Scope 3.1 emissions by 15% by 2030 compared to 2022 levels. This … Read the full press release
(IN BRIEF) BASF and Heidelberg University have extended their partnership for another five years to continue operating the Catalysis Research Laboratory (CaRLa) until 2028. CaRLa, founded in 2006, focuses on homogeneous catalysis and organic synthesis, with the aim of developing … Read the full press release
Posted in Business, Chemicals, Environment, Germany, Industrial, Science, Technology
Tagged BASF, CaRLa, catalysis, catalysis laboratory, Catalysis Research Laboratory, Dr. Christian Rein, Dr. Helmut Winterling, Dr. Jaroslaw Mormul, Dr. Julia Schüller, Heidelberg University, industrial chemistry, Prof. Dr. A. Stephen K. Hashmi, Prof. Dr. Katja Patzel-Mattern, Prof. Dr. Peter Comba, Prof. Dr. Thomas Schaub
(IN BRIEF) TotalEnergies has signed cooperation agreements with National Oil & Gas Companies (Petrobras in Brazil, SOCAR in Azerbaijan, and Sonangol in Angola) to use its AUSEA technology for methane detection and measurement campaigns at oil and gas facilities in … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, Media, News, Technology
Tagged Angola, AUSEA technology, Brazil, COP28, Drone Technology, innovative, methane emissions, National Oil & Gas Companies, partnership, Patrick Pouyanné, Petrobras, Sonangol, sustainability, TotalEnergies
(IN BRIEF) Vattenfall and BASF have signed a Memorandum of Understanding to collaborate on the Nordlicht 1 and 2 offshore wind farm projects in the German North Sea. BASF is set to acquire a 49% stake in these projects, which … Read the full press release
(IN BRIEF) Arkema has completed the acquisition of a 54% stake in PI Advanced Materials (PIAM), a South Korean company specializing in polyimide films for advanced electronics and electric mobility markets. PIAM holds a dominant global market share of over … Read the full press release
Posted in Business, Chemicals, Electronics & Machinery, France, Industrial, Technology
Tagged 5G antennas, acquisition, Arkema, electric mobility, electric vehicles, electronics, flexible screens, Glenwood Private Equity, Mobile devices, OLED displays, PI Advanced Materials, PIAM, polyimide films, South Korea
(IN BRIEF) Yara Clean Ammonia, North Sea Container Line, and Yara International have collaborated to create the groundbreaking Yara Eyde, the world’s first container ship to be fueled by clean ammonia. This innovative vessel will embark on an emission-free sea … Read the full press release
Posted in Business, Chemicals, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, News, Norway, Transportation & Logistics
Tagged Bente Hetland, clean ammonia, container ship, Emission-Free Shipping, Germany, Magnus Krogh Ankarstrand, North Sea Container Line, Norway, partnership, sustainability, Svein Tore Holsether, Yara Clean Ammonia, Yara Eyde, Yara International
(IN BRIEF) BASF SE, in collaboration with cyclos-HTP GmbH, has conducted studies certifying the recyclability of various polyethylene/polyamide (PE/PA) multilayer films. These investigations included multilayer films containing polyamide 6 (PA6) and ethyl vinyl alcohol (EVOH) copolymer. The studies confirm that … Read the full press release
(IN BRIEF) KORE Insulation has launched its low carbon EPS insulation, which has been selected for use in the Cloughan View housing development in Ballyclare, Northern Ireland, comprising 127 units and developed by the Braidwater Group. The high energy efficiency … Read the full press release
Posted in Business, Chemicals, Construction, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Real Estate
Tagged BASF, Braidwater Group, Brian Flax, Housing Development, KORE Insulation, Low Carbon EPS Insulation, Neopor, Northern Ireland, partnership, Phil Marsh, Rory Devlin, sustainability
(IN BRIEF) INEOS Aromatics has announced its decision to temporarily mothball the smaller of its two PTA (Purified Terephthalic Acid) units at its integrated production facility in Geel, Belgium. This move comes as a response to challenging market conditions that … Read the full press release
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