(IN BRIEF) BASF Shanghai Coatings sites and BASF Coatings’ resin plant in Shanghai have announced their transition to 100% renewable energy usage in 2023. This move aligns with BASF Coatings’ global sustainability targets and contributes to carbon reduction efforts. Through … Read the full press release
(IN BRIEF) Sika, a global specialty chemicals company, has acquired Thiessen Team USA, a manufacturer of shotcrete and grouting products for the mining industry in the USA. Thiessen serves the Western US mining industry, which plays a crucial role in … Read the full press release
Posted in Business, Chemicals, Construction, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Switzerland
Tagged acquisition, Christoph Ganz, mining, Sika, Thiessen Team USA
(IN BRIEF) Borealis has successfully completed the sale of its nitrogen business to AGROFERT, a Czech-based group active in various industries including chemicals and agriculture. The transaction, valued at EUR 810 million, allows AGROFERT to expand its European presence in … Read the full press release
Posted in Agriculture, Austria, Business, Chemicals, Industrial, Management, News
Tagged acquisition, AGROFERT, Borealis, fertilizer, nitrogen, Thomas Gangl
(IN BRIEF) BASF, a leading chemical company, has introduced a range of UV acrylic hotmelt products called acResin®, which have a cradle-to-gate product carbon footprint (PCF) of zero kg CO2e/kg. The new offerings, including acResin® ZeroPCF A 260 UV, A … Read the full press release
(IN BRIEF) INEOS, a global chemical manufacturing company, has released its sustainability report for 2022, highlighting its strong performance in safety and environmental goals. The report emphasizes INEOS’ commitment to achieving net-zero emissions by 2050 and reducing operational emissions by … Read the full press release
(IN BRIEF) BASF and Yara Clean Ammonia have partnered to conduct a joint study for the development of a large-scale low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. The aim is to construct a … Read the full press release
(IN BRIEF) BASF has celebrated the opening of Europe’s first co-located center for battery material production and recycling in Schwarzheide, Germany. The facility includes a state-of-the-art production plant for cathode active materials and a battery recycling plant, marking significant progress … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Technology
Tagged BASF, battery material production, Battery recycling, cathode active materials, Dr. Dietmar Woidke, Dr. Martin Brudermüller, Dr. Peter Schuhmacher, Dr. Robert Habeck, electric vehicles, EU battery market, EV, Germany, Maroš Šefčovič, recycled metals, Schwarzheide
(IN BRIEF) Avient Corporation and BASF have partnered to introduce colored grades of Ultrason® high-performance polymers to the global market. The collaboration combines BASF’s Ultrason® polyarylethersulfones (PAES) as the base polymer with Avient’s Colorant Chromatics™ expertise in high-temperature color formulations. … Read the full press release
(IN BRIEF) Henkel Adhesive Technologies, a leader in sustainability, has achieved a major milestone by making its manufacturing sites carbon neutral and sourcing 100% renewable energy. As part of its 2030+ Sustainability Ambition Framework, the company has invested in various … Read the full press release
(IN BRIEF) Effective October 1, 2023, BASF will transfer its European direct business for Ultraform® (POM) to its trusted trading partners, ALBIS and Ultrapolymers Group. While the sales process will be handled by ALBIS and Ultrapolymers Group, BASF will continue … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management
Tagged ALBIS, BASF, engineering plastics, engineering plastics portfolio, polyoxymethylene, POM, Ultraform®, Ultrapolymers Group
(IN BRIEF) BASF has started construction on a polyethylene (PE) plant in Zhanjiang, China. The plant, scheduled to be operational by 2025, will have an annual capacity of 500,000 metric tons of PE. This investment aims to meet the increasing … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Investment
Tagged BASF, Bejoy Chandran, Bir Darbar Mehta, CHINA, ethylene, films, flexible packaging, PE, pipelines, polyethylene, storage tank, versatile thermoplastic polymer, Zhanjiang
(IN BRIEF) Michelin has announced its agreement to acquire Flex Composite Group (FCG) for an enterprise value of €700 million. FCG is a European leader in engineered fabrics and films, serving industries such as marine, supercars, electric vehicles, sports, and … Read the full press release
Posted in Automotive, Business, Chemicals, France, Industrial, Investment, Management
Tagged acquisition, engineered fabrics, FCG, films, Flex Composite Group, IDI, Michelin, polymer composite solutions
(IN BRIEF) Wacker Chemie AG plans to expand its capacity for cleaning semiconductor-grade polysilicon by setting up a new production line at its Burghausen site. The expansion will increase capacity by over 50% and enable the production of more powerful … Read the full press release
Posted in Business, Chemicals, European Union, Germany, Industrial
Tagged Burghause, Christian Hartel, EU, Important Projects of Common European Interest, IPCEI, polysilicon, polysilicon chips, polysilicon chunks, semiconductor applications, semiconductor wafers, Wacker Chemie AG, WACKER POLYSILICON
(IN BRIEF) Versalis, the chemical company of Eni, has partnered with Gruppo Boero, a leading provider of paint products for the yachting industry, to develop sustainable solutions for yacht manufacturing. Versalis has created eco-friendly hardeners for epoxy systems using over … Read the full press release
(IN BRIEF) BASF, a global chemical company, has updated its sustainability assessment method called TripleS (Sustainable Solution Steering) to further advance its product portfolio towards climate protection, resource efficiency, and circular economy. TripleS, which has been in place since 2012 … Read the full press release
Posted in Business, Chemicals, Germany, Industrial, Management
Tagged BASF, Dr. Martin Brudermüller, EU Chemicals Strategy, Portfolio Sustainability Assessment, sustainability assessment method, Toxic Substances Control Act, transparency, TripleS, TSCA, World Business Council for Sustainable Development
(IN BRIEF) Covestro, a global provider of polymer materials, emphasizes the need for innovative recycling technologies ahead of the UN conference on plastic pollution. The company has already achieved success with its chemical recycling method and plans to establish a … Read the full press release
Posted in Chemicals, Environment, Germany, Industrial, Management, Science, Technology
Tagged chemical recycling, CIRCULAR FOAM, Covestro, Dr Markus Steilemann, INC-2, mattress foam recycling, novel chemical recycling, OECD, plastic recycling, plastic waste, plastic waste pollution, recycling technologies
(IN BRIEF) AkzoNobel Packaging Coatings has introduced a new bisphenol-free internal coating, called Accelshield 700, for beverage can ends. This coating provides can makers with an alternative to traditional coatings containing bisphenol A (BPA) and complies with FDA and EU … Read the full press release
(IN BRIEF) WACKER has completed a capacity expansion project at its Nanjing site in China, which doubles its production capacity for vinyl-acetate-ethylene copolymer (VAE) dispersions and VAE dispersible polymer powders. The expansion, involving a new reactor and spray dryer, enables … Read the full press release
(IN BRIEF) Covestro has developed Decovery® CQ 6010, a partially bio-based barrier coating resin that enables recyclable paper packaging. By replacing polyethylene (PE) and aluminum layers in food packaging, Decovery® CQ 6010 reduces waste and improves recyclability. The resin provides … Read the full press release
Posted in Chemicals, Environment, Food & Beverage, Germany, Technology
Tagged aluminum, Covestro, Davide Reverdito Bove, Decovery® CQ 6010, Food Packaging, moisture vapor transmission rate, MVTR, packaging, paper food packaging, partially bio-based barrier coating resin, PE, polyethylene, recyclability, recyclable paper packaging, reducing waste
(IN BRIEF) Yara International, a leading crop nutrition company, has announced plans to construct a state-of-the-art production plant for specialty crop nutrition products and biostimulants. The plant, set to be one of the largest globally, aims to meet the growing … Read the full press release
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