Search Results for: chemical

Advancing Sustainable Solutions: Metsä Group and ANDRITZ to Establish Lignin Refining Demo Plant

Posted on 23, March 2024 by

(IN BRIEF) Metsä Group has announced plans to build a demo plant for lignin refining at its Äänekoski bioproduct mill, with equipment supplied by ANDRITZ. Scheduled for completion in late 2025, the plant aims to refine lignin, a substance in … Read the full press release →

Posted in Austria, Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

Tagged , , , , , , , , ,

Evotec-Backed Breakpoint Therapeutics Nominates Breakthrough Cancer Treatment Candidate BTX-011 for Clinical Development

Posted on 22, March 2024 by

(IN BRIEF) Breakpoint Therapeutics GmbH, a company focused on developing drugs targeting the DNA Damage Response (DDR), has nominated its first preclinical development candidate, BTX-011, an inhibitor of polymerase theta (Pol θ / POLQ), for the treatment of solid tumors. … Read the full press release →

Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology

Tagged , , , , , , , ,

Evonik Receives Second Consecutive Asia-Pacific Bioprocessing Excellence Award for Cell Culture Solutions

Posted on 22, March 2024 by

(IN BRIEF) Evonik has been honored with the Asia-Pacific Bioprocessing Excellence Award (ABEA) for the second consecutive year, specifically in the category of Best New Bioprocessing Supplier Award: Upstream Processing, for its Cell Culture Solutions portfolio. As a crucial component … Read the full press release →

Posted in Awards, Business, Chemicals, Germany, Healthcare, Industrial, Management, News, Pharma & Biotech, Science, Technology

Tagged , , , , ,

Pirelli Provides Standard Allocation for Moto2™ and Moto3™ Teams at Portuguese Grand Prix

Posted on 21, March 2024 by

(IN BRIEF) Ahead of the Grande Prémio de Portugal at the Autódromo Internacional do Algarve, Pirelli has announced that Moto2™ and Moto3™ riders will rely on the standard tyre allocation for the 2024 season. The challenging layout of the Portimão … Read the full press release →

Posted in Automotive, Business, Entertainment, Financial, Industrial, Investment, Italy, Management, Media, News, Portugal, Security & Safety, Technology

Tagged , , , ,

Borealis-backed Project STOP: Transforming Waste Management in Banyuwangi, Indonesia

Posted on 21, March 2024 by

(IN BRIEF) Project STOP, a collaboration between Borealis and Systemiq, has achieved significant milestones in its mission to improve waste management in Indonesia. Since its inception, over 400,000 individuals have gained access to waste services, leading to the collection of … Read the full press release →

Posted in Austria, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Management, News

Tagged , , , , , , , , , ,

trinamiX Unveils Groundbreaking NIR Spectrometer for Consumer Use at BEAUTY Düsseldorf

Posted on 20, March 2024 by

(IN BRIEF) trinamiX GmbH introduces a revolutionary Consumer Spectroscopy solution at BEAUTY in Düsseldorf, showcasing the world’s first NIR spectrometer that fits into smartphones or handheld devices for cosmetic applications. This innovation enables consumers to conduct non-invasive molecular analysis of … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Chemicals, Financial, Germany, Industrial, Investment, Management, Media, News, Technology

Tagged , , , , , , , , , , ,

Empa’s “Mining the Atmosphere” Initiative Targets High-Efficiency Renewable Energy Solutions for Industry

Posted on 19, March 2024 by

(IN BRIEF) Empa researchers are leading the charge in the “Mining the Atmosphere” initiative, aiming to harvest renewable energy from the Earth’s sun belt and transport it to industrial hubs like Switzerland. By utilizing pyrolysis to decarbonize natural gas, producing … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Science, Switzerland, Technology

Tagged , , , ,

ANDRITZ and NETZSCH Forge Strategic Partnership to Revolutionize Alternative Protein Market

Posted on 19, March 2024 by

(IN BRIEF) International technology conglomerate ANDRITZ and NETZSCH-Feinmahltechnik GmbH, a renowned leader in grinding and classifying technologies, have joined forces in a strategic partnership to cater to the burgeoning alternative protein market. This collaboration aims to leverage NETZSCH’s expertise in … Read the full press release →

Posted in Austria, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, News, Technology

Tagged , , , , , , ,

Arkema’s Agiplast Advances Recycling Efforts with Over 15 Certified Polymer Grades

Posted on 18, March 2024 by

(IN BRIEF) Arkema’s Agiplast, a leader in high-performance thermoplastic recycling, expands its Virtucycle® program within the Arkema group by introducing over 15 certified grades. These grades are derived from specialty polyamides and PVDF, recycled at Agiplast’s state-of-the-art facility in Italy … Read the full press release →

Posted in Business, Chemicals, France, Industrial, Italy, Technology

Tagged , , , , , , , , , , , ,

Borealis CEO Thomas Gangl’s Mandate Terminated by Mutual Agreement

Posted on 16, March 2024 by

(IN BRIEF) The Supervisory Board of Borealis and Thomas Gangl have reached a mutual decision to terminate Gangl’s mandate as CEO of Borealis AG, effective June 30, 2024. Gangl, with a career spanning over two decades at OMV, held key … Read the full press release →

Posted in Austria, Business, Chemicals, Industrial, Management, News

Tagged , , , ,

TÜV Rheinland Earns TAF Accreditation for Water Efficiency Management Systems Certification

Posted on 15, March 2024 by

(IN BRIEF) TÜV Rheinland achieves Taiwan Accreditation Foundation (TAF) accreditation for ISO 46001:2019 Water Efficiency Management Systems, reinforcing its commitment to sustainable water resource management. With water resource management aligning closely with the United Nations Sustainable Development Goals (SDGs), TÜV … Read the full press release →

Posted in Awards, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology

Tagged , , , , , , , ,

Evonik Vland Biotech Launches Joint Venture to Enhance Animal Gut Health Solutions

Posted on 15, March 2024 by

(IN BRIEF) The joint venture, Evonik Vland Biotech, established by Evonik China and Shandong Vland Biotech, officially commenced operations in Binzhou, China, aiming to bolster the market presence of probiotics for livestock gut health in the Greater China region while … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology

Tagged , , , , , , , , ,

Evonik’s EUDRAGIT® Polymers: Pioneering Pharmaceutical Innovation for 70 Years

Posted on 15, March 2024 by

(IN BRIEF) Evonik’s EUDRAGIT® polymers, renowned coatings for pharmaceuticals, celebrate 70 years of revolutionizing drug delivery. With over 23,000 patents and 10,000 scientific publications, these methacrylate polymers have become industry standards, employed in formulations for modified drug release across 80 … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Security & Safety, Technology

Tagged , , , , , , , ,

Tubulis Secures €128 Million Series B2 Financing to Advance Novel ADC Pipeline for Cancer Treatment

Posted on 15, March 2024 by

(IN BRIEF) Tubulis has closed an oversubscribed €128 million ($138.8 million) Series B2 financing round, co-led by EQT Life Sciences and Nextech Invest Ltd, with participation from new and existing investors including Frazier Life Sciences and Deep Track Capital. The … Read the full press release →

Posted in Business, Environment, Financial, Germany, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology

Tagged , , , , , , , , , , , , , ,

Saint-Gobain’s Commitment to Sustainability: Advancing Low-Carbon Cement Technologies

Posted on 14, March 2024 by

(IN BRIEF) Saint-Gobain Construction Chemicals is ramping up efforts to advance low-carbon cement and concrete technologies, aiming to foster growth and sustainability in the construction sector. Key partnerships with startups like Fortera and established players like Ecocem demonstrate the company’s … Read the full press release →

Posted in Business, Chemicals, Construction, Energy, Gas & Oil, Environment, France, Industrial, Technology

Tagged , , , , , , ,

Collaborative Effort Launches Premium Snack Packaging with 50% Recycled Plastic

Posted on 14, March 2024 by

(IN BRIEF) Several supply chain partners have joined forces to introduce new premium snack packaging made with 50% recycled plastic. Launched for PepsiCo’s Sunbites brand in the UK and Ireland, the packaging meets stringent EU regulatory requirements for food contact. … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Ireland, Management, News, United Kingdom

Tagged , , , , , , , , , , , , , , ,

EIB Provides €500 Million Loan to Evonik for Sustainable Transformation

Posted on 14, March 2024 by

(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release →

Posted in Banks, Business, Chemicals, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News

Tagged , , , , , , ,

Neste Announces Completion of Organizational Merger and Restructuring

Posted on 13, March 2024 by

(IN BRIEF) Neste has finalized its organizational restructuring, merging its three renewable business units into one and restructuring functions to align with business-driven operations. The move aims to enhance cost-efficiency, competitiveness, and execution of growth strategy. Approximately 400 job roles … Read the full press release →

Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management

Tagged , , , ,

Agfa Appoints Jeroen Spruyt as President of Radiology Solutions Division

Posted on 13, March 2024 by

(IN BRIEF) Effective March 13, 2024, Jeroen Spruyt is appointed as President of Agfa’s Radiology Solutions division and joins the company’s Executive Management Team. With a background in Applied Economics and an MBA from Vlerick Business School, Spruyt brings extensive … Read the full press release →

Posted in Belgium, Business, Electronics & Machinery, Healthcare, Industrial, Management, News, Science, Technology

Tagged , , , , ,

University of Bristol Secures £57 Million Funding Boost for Cutting-Edge Research Centers

Posted on 13, March 2024 by

(IN BRIEF) The University of Bristol has received a substantial £57 million funding injection from UK Research and Innovation (UKRI) and its Engineering and Physical Sciences Research Council (EPSRC) to establish nine Centres for Doctoral Training (CDTs). These centers will … Read the full press release →

Posted in Business, Education, Environment, Financial, Industrial, Investment, Management, News, Science, Technology, United Kingdom

Tagged , , , , , , , , , , ,

Harnessing AI for Enhanced Marine Data Collection: A Step Towards Ocean Conservation

Posted on 13, March 2024 by

(IN BRIEF) Researchers from the University of Helsinki, in collaboration with partners from the University of Tartu, University of Madeira, and MARE-Madeira, ARDITI, are pioneering the integration of Artificial Intelligence (AI) and sensor technologies to revolutionize marine data collection. By … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Education, Environment, Financial, Finland, Industrial, Investment, Management, News, Science, Technology

Tagged , , , , , , , , , ,

Isobionics® Unveils Innovative Natural Flavor, beta-Caryophyllene 80, at FlavourTalk Exhibition

Posted on 12, March 2024 by

(IN BRIEF) Isobionics®, a BASF Aroma Ingredients brand, introduces its latest natural flavor, beta-Caryophyllene 80, at the FlavourTalk Raw Materials Exhibition 2024. Developed to meet specific customer requirements, this flavor expands Isobionics®’ portfolio beyond citrus products. Made using cutting-edge biotechnology, … Read the full press release →

Posted in Business, Chemicals, Commodities, Environment, Financial, Industrial, Investment, Management, Media, Netherlands, News, Science, Technology

Tagged , , , , , ,

Evonik Launches Skin Institute to Revolutionize Cosmetics with Science-Backed Solutions

Posted on 12, March 2024 by

(IN BRIEF) Evonik introduces the Evonik Skin Institute, a global network of life science experts and labs aimed at bolstering support for claim-substantiated cosmetics. This initiative merges Evonik’s advanced biotech platform with a global network of evaluation labs, enhancing customer … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, Financial, Germany, Industrial, Investment, Management, News, Science, Technology

Tagged , , , ,

BASF Monomers Division Achieves Global Sustainability Certification Milestone

Posted on 8, March 2024 by

(IN BRIEF) BASF’s Monomers division celebrates a significant milestone with the global certification of its production sites in all regions, including the USA, under ISCC PLUS and REDcert2 standards. This achievement enables BASF to offer regionally produced certified isocyanates and … Read the full press release →

Posted in Belgium, Business, Chemicals, Environment, Industrial, Management, News, Technology

Tagged , , , , ,

Record Free Cash Flow Highlights Brenntag’s Resilience in Volatile Market Conditions

Posted on 7, March 2024 by

(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 , , , , , , , , , , , , , , , , , ,

Vattenfall and Borealis Forge Renewable Energy Partnership to Drive Decarbonization

Posted on 7, March 2024 by

(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release →

Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden

Tagged , , , , , , , ,

Evonik and Desktop Metal Strengthen Collaboration, Qualify INFINAM® ST 6100 L for Large Format ETEC 3D Printers

Posted on 7, March 2024 by

(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 →

Posted in Business, Chemicals, Electronics & Machinery, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology

Tagged , , , , , , , ,

EIB Teams Up with Sunfire to Advance Green Hydrogen Production with €100 Million Venture Debt Loan

Posted on 6, March 2024 by

(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology

Tagged , , , , , , ,

Evonik Enhances Animal Nutrition Services with Release of US Crop Report Integrated into AMINODat® 6.2

Posted on 6, March 2024 by

(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 , , , ,

Syngenta Partners with Maersk for Biofuel-Powered Ocean Transport, Aiming for Reduced GHG Emissions

Posted on 5, March 2024 by

(IN BRIEF) Syngenta Crop Protection has finalized an agreement with Maersk for ocean transport using biofuel, marking a significant step towards reducing greenhouse gas (GHG) emissions from its logistics operations. Through Maersk’s ECO Delivery solution, Syngenta will utilize certified biofuels … Read the full press release →

Posted in Agriculture, Business, Denmark, Environment, Financial, Government, Industrial, Investment, Management, News, Switzerland, Technology, Transportation & Logistics

Tagged , , , , , , ,

Neste Launches ‘Neste Impact’ to Enable Businesses to Slash Aviation Emissions

Posted on 5, March 2024 by

(IN BRIEF) Neste, a global leader in sustainable solutions, introduces “Neste Impact,” a groundbreaking emission reduction solution empowering businesses to curtail their air travel-related carbon footprint. By purchasing Neste MY Sustainable Aviation Fuel™, companies can achieve up to an impressive … Read the full press release →

Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Travel

Tagged , , , , , , ,

Atlas Copco Group Expands Sustainability Portfolio with Acquisition of Houston-based Zahroof Valves Inc.

Posted on 5, March 2024 by

(IN BRIEF) Atlas Copco Group has acquired Zahroof Valves Inc., a company specializing in reciprocating compression valve technology based in Houston, Texas. Zahroof Valves’ innovative technology is renowned for reducing emissions and enhancing energy efficiency in the oil and gas … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Sweden, Technology

Tagged , , , , , , , , , , , , , , , , , ,

Borealis Marks 30 Years of Innovation: Accelerating Industry Transformation and Sustainability

Posted on 4, March 2024 by

(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 , , , ,

Neste Corporation Releases Comprehensive Annual Report for 2023, Compliant with ESEF Reporting Standards

Posted on 1, March 2024 by

(IN BRIEF) Neste Corporation has officially published its Annual Report for the year 2023, available in Finnish and English on the company’s website. The report encompasses key sections such as the Strategy and Business Review, Sustainability Report, Corporate Governance Statement, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Finland, Management

Tagged , , , , , , , , , , , , , ,

Austrian Industry Giants Spearhead Carbon-Based Value Chain Transformation

Posted on 1, March 2024 by

(IN BRIEF) Austrian companies Holcim, Verbund, OMV, and Borealis have wrapped up the C2PAT demonstration plant project, aiming to produce carbon-based products from unavoidable CO2 emissions. Instead of a joint pilot plant, each company plans to develop industrially upscaled plants … Read the full press release →

Posted in Austria, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Technology

Tagged , , , , , , , , , , , , , ,

Syngenta Teams Up with IBM and Maxygen to Revolutionize Agricultural Technology

Posted on 29, February 2024 by

(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 →

Posted in Agriculture, Chemicals, Management, News, Switzerland, Technology

Tagged , , , , , , , , ,

Driving Innovation: Henkel Spotlights Self-Regulating PTC Heaters and More at LOPEC 2024

Posted on 29, February 2024 by

(IN BRIEF) Henkel, a leading provider of printed electronics materials, is set to showcase its latest innovations at the LOPEC trade show. They will unveil their functional materials tailored for smart surfaces, healthcare, and connectivity applications. The focus will be … Read the full press release →

Posted in Electronics & Machinery, Germany, Healthcare, Industrial, Marketing, Technology

Tagged , , , , , , , , , , , , , , , , , ,

EU Funding Boosts Agfa’s Green Hydrogen Production Initiative

Posted on 29, February 2024 by

(IN BRIEF) Agfa, a sustainable technology provider, collaborates with VITO to develop advanced separator membranes for hydrogen production. They secure an 11 million Euro grant from the EU Innovation Fund for a membrane production plant. The collaboration aims to enhance … Read the full press release →

Posted in Belgium, Energy, Gas & Oil, Environment, European Union, Industrial, Technology

Tagged , , , , , , , , , ,

Sustainable Support: Repsol Powers Spanish Antarctic Campaign with 100% Renewable Energy

Posted on 28, February 2024 by

(IN BRIEF) Repsol, a leading energy company, is supplying 100% renewable fuels to power the Gabriel de Castilla Base during the Spanish Army’s 37th Antarctic Campaign. This initiative supports sustainability efforts in one of the most environmentally sensitive regions on … Read the full press release →

Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Science, Spain

Tagged , , , , , , , , , , , , , , , , , , , , , , , ,

150 Years Strong: Brenntag Reflects on Milestones and Achievements

Posted on 27, February 2024 by

(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 →

Posted in Business, Chemicals, Germany, Industrial, Management, Retail

Tagged , , , , , ,