Tag Archives: specialty chemicals

LANXESS Earns Top Climate Score from CDP, Recognized Among Global Sustainability Leaders

Posted on 22, April 2025 by

(IN BRIEF) LANXESS has been recognized by CDP with an “A” grade for its climate action, ranking among the top 2 percent of more than 24,700 companies globally in 2025. This is the eighth time LANXESS has made CDP’s “A … Read the full press release →

Posted in Business, Chemicals, Environment, Germany, Industrial, Technology

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

K+S Supervisory Board Unveils Leadership Shake-Up as Dr. Kreimeyer Steps Down

Posted on 13, March 2025 by

(IN BRIEF) K+S Aktiengesellschaft’s Supervisory Board has announced that Dr. Andreas Kreimeyer will not seek reappointment when his mandate expires at the Annual General Meeting on May 14, 2025. His decade-long tenure has significantly influenced the company’s strategic direction, including … Read the full press release →

Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology

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

LANXESS Expands Innovation Capabilities with New Application Development Center in Mumbai

Posted on 20, February 2025 by

(IN BRIEF) LANXESS has inaugurated its India Application Development Center (IADC) in Thane, Mumbai, further strengthening its presence and innovation capabilities in the region. The new center will support customer-centric solutions in lubricant additives and material protection products. It will … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology

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

LANXESS to Sell Urethane Systems Business to UBE Corporation for €460 Million, Strengthening Focus on Specialty Chemicals

Posted on 3, October 2024 by

(IN BRIEF) LANXESS has signed a contract to sell its Urethane Systems business to Japan’s UBE Corporation for an enterprise value of €460 million, with expected proceeds around €500 million. This sale allows LANXESS to exit its last polymer business … Read the full press release →

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

Tagged , , , , , , ,

Evonik to Introduce New Class of rPEG Lipids for Enhanced Immunogenicity in Drug Delivery

Posted on 20, February 2024 by

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

Solvay signs license agreement for hydrogen peroxide megaplant in China

Posted on 26, April 2023 by

(IN BRIEF) Solvay, a global leader in specialty chemicals, has signed a license agreement with Guangxi Chlor-Alkali Chemical (GHCAC) to support the construction of a hydrogen peroxide megaplant at Qinzhou in China. The megaplant will complement GHCAC’s existing propylene oxide … Read the full press release →

Posted in Belgium, Business, Chemicals, Industrial

Tagged , , , , , , , , ,

Heraeus Precious Metals Receives “Supplier Reliability Award” for Commitment to Collaboration and Partnership with Nouryon

Posted on 13, February 2023 by

(IN BRIEF) Heraeus Precious Metals has been awarded the “Supplier Reliability Award” by Nouryon for its exceptional supply reliability and partnership with the global specialty chemicals leader. The award specifically recognizes the company’s Catalytic Gauzes product line for its special … Read the full press release →

Posted in Awards, Business, Chemicals, Germany, Industrial, News

Tagged , , , , , , ,

Circular Economy in Vehicle Production Gets Boost from German Ministry, Consortium

Posted on 30, January 2023 by

(IN BRIEF) A consortium of 19 leading industrial companies and research institutes, including BMW and Evonik, is working on developing new processes for using sustainable materials in circular vehicle production. Evonik is contributing its expertise in plastics and recycling additives … Read the full press release →

Posted in Automotive, Chemicals, Environment, Germany, Industrial, News, Technology

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

Evonik’s new combined gas and steam turbine power plant in Marl gets financial backing from KfW IPEX-Bank and Siemens Financial Services

Posted on 18, June 2020 by

Replacement for existing reserve gas power plant Built by Siemens Energy as the general contractor (PRESS RELEASE) FRANKFURT, 18-Jun-2020 — /EuropaWire/ — German state-owned development bank KfW has announced that its subsidiary KfW IPEX-Bank GmbH together with Siemens Financial Services … Read the full press release →

Posted in Banks, Chemicals, Financial, Germany, Industrial, Investment

Tagged , , , , , , , ,

Sika to strengthen its Sealing & Bonding business in Eastern Europe with the buy of Belorussian polyurethane foams producer

Posted on 13, March 2019 by

(PRESS RELEASE) BAAR, 13-Mar-2019 — /EuropaWire/ — Sika is expanding its know-how in the production and development of polyurethane foams. The company has just acquired a manufacturer of polyurethane foam systems based in Belarus. The acquired company is called Belineco … Read the full press release →

Posted in Business, Chemicals, Construction, Investment, News, Russia, Switzerland

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

Evonik and Sanju to deepen cooperation in innovation, process and application technology

Posted on 27, August 2018 by

ESSEN, 27-Aug-2018 — /EuropaWire/ — On August 23, Evonik Industries AG (“Evonik”) and Beijing Sanju Environmental Protection & New Materials Co., Ltd. (“Sanju”) signed a Memorandum of Understanding (MoU) for strategic cooperation in Beijing. Dr. Claas-Jürgen Klasen, President Evonik Asia … Read the full press release →

Posted in Chemicals, Germany, Industrial, Technology

Tagged , , , , , , ,