Tag Archives: specialty chemicals

United Initiators Acquisition Marks Third Industrial Tech Deal This Year for Triton Partners

(IN BRIEF) Triton Fund 6, advised by Triton Partners, has signed an agreement to acquire United Initiators from funds advised by Equistone Partners Europe. United Initiators is a German specialty chemicals manufacturer focused on active oxygen solutions, with products used … Read the full press release

Elementis Group Pension Scheme Completes £300 Million Bulk Purchase Annuity Deal With Aviva

(IN BRIEF) Aviva has completed a £300 million bulk purchase annuity buy-in with the Trustee of the Elementis Group Pension Scheme, securing the defined benefit liabilities of around 4,500 members. The transaction was completed in May 2026 and includes access … Read the full press release

Fuhua-Operated Hydrogen Peroxide Plant Enters Production With Evonik Licensing Technology

(IN BRIEF) Fuhua has started production at a new Evonik-licensed hydrogen peroxide mega plant in Leshan, Sichuan Province, China. The facility has an annual capacity of 200 kilotonnes of industrial-grade hydrogen peroxide, making it one of the largest plants of … Read the full press release

Brenntag to Distribute BASF Home Care and Industrial Cleaning Solutions Across Sub-Saharan Africa

(IN BRIEF) Brenntag has signed a new distribution agreement with BASF covering innovative cleaning solutions for the Home Care and Industrial & Institutional Cleaning sectors in Sub-Saharan Africa. The agreement applies to South Africa, Nigeria, Ghana, Kenya, Uganda, Tanzania and … Read the full press release

INEOS Enterprises Sells Ultra-Pure Sulphur Dioxide Business for $190 Million

(IN BRIEF) INEOS Enterprises has completed the sale of INEOS Calabrian, its ultra-pure sulphur dioxide and derivatives business, to Ecovyst in a transaction valued at $190 million. Calabrian operates manufacturing facilities in Port Neches, Texas, and Timmins, Ontario, supplying products … Read the full press release

Evonik Refocuses Health Care Business While Continuing Advanced Lipid Production in Hanau

(IN BRIEF) Evonik is selling selected production assets for pharmaceutical ingredients at its Hanau site in Germany to the ProChem Group, with the transaction expected to close on 19 June 2026. The divestment supports Evonik Health Care’s strategy of streamlining … Read the full press release

Evonik Adds Low-Carbon-Footprint Peracetic Acid to European Portfolio Without Requiring Formulation Changes

(IN BRIEF) Evonik is launching peracetic acid with a significantly reduced carbon footprint for the European market, allowing customers to lower Scope 3 emissions without making changes to formulations, logistics or regulatory authorisations. The lower-carbon product is being offered by … Read the full press release

INEOS Enterprises Sells Ultra-Pure Sulphur Dioxide Business for $190 Million

(IN BRIEF) INEOS Enterprises has completed the sale of INEOS Calabrian, its ultra-pure sulphur dioxide and derivatives business, to Ecovyst in a transaction valued at $190 million. Calabrian operates manufacturing facilities in Port Neches, Texas, and Timmins, Ontario, supplying products … Read the full press release

Arkema reflects on two decades of growth and transformation in specialty materials

(IN BRIEF) Arkema is marking 20 years since its creation and Paris stock market listing by highlighting its transformation into a global specialty materials company focused on innovation and sustainability. Since 2006, the company has nearly doubled in size, increased … Read the full press release

Evonik Expands Biotechnology Manufacturing Capabilities with Major Investment in Slovenská Ľupča to Support Pharmaceutical Growth

(IN BRIEF) Evonik is investing €80 million to expand its biotechnology capabilities at its Fermas site in Slovenská Ľupča, Slovakia, adding advanced downstream fermentation technology to support pharmaceutical drug substance manufacturing. The move responds to increasing demand for complex pharmaceutical … Read the full press release

Saltigo Highlights Scalable Chemical Synthesis Solutions and Industry Collaboration at Chemspec Europe

(IN BRIEF) Saltigo, a subsidiary of LANXESS, will showcase its custom manufacturing expertise at Chemspec Europe 2026, highlighting its ability to deliver complex chemical synthesis and scalable production solutions. The company supports a wide range of industries, including pharmaceuticals, agrochemicals, … Read the full press release

Brenntag Specialties Strengthens Materials Science Offering with Distribution Agreement for Nanotechnology Products in Brazil

(IN BRIEF) Brenntag Specialties has signed a distribution agreement with Nanum to supply graphene-based nanotechnology products in Brazil, expanding its Materials Science portfolio and strengthening its presence in advanced specialty materials. The agreement provides customers in sectors such as coatings, … Read the full press release

Evonik Strengthens Hydroxyl-Terminated Polybutadiene Production Network to Support Growing Demand

(IN BRIEF) Evonik is advancing its global growth strategy by expanding production capacity for hydroxyl-terminated polybutadienes (HTPB), following recent investments at its Marl site in Germany and a new POLYVEST® ST-E 60 facility in Shanghai. The company has now begun … Read the full press release

Borealis Recognized by Nouryon for Excellence in Supply Reliability and Sustainability

(IN BRIEF) Borealis has been named Nouryon’s Supplier of the Year in the Ethylene and Fuel Gas category, reflecting its operational excellence, reliability, and responsible partnership approach in supporting Nouryon’s specialty chemicals business. The award recognizes Borealis’ strong performance across … Read the full press release

Mutares Launches Chemicals and Materials Segment with USD 450 Million SABIC Deal

(IN BRIEF) Mutares has signed an agreement to acquire SABIC’s Engineering Thermoplastics business in Europe and the Americas for an enterprise value of USD 450 million. The deal, expected to close in H2 2026, represents Mutares’ largest acquisition to date … Read the full press release

HyFINE consortium receives major investment to reinvent fine chemical production with renewable hydrogen and electrons

(IN BRIEF) NWO and GroenvermogenNL are granting €19.3 million to the HyFINE consortium to develop greener, hydrogen-driven production methods for specialty and fine chemicals, helping reduce reliance on fossil feedstocks and lowering waste and energy use. Including co-funding and in-kind … Read the full press release

BASF enhances coatings performance market with localized production of high-end CFRP dispersants in Nanjing, China

(IN BRIEF) BASF has begun commercial operation of a new dispersants production line at its Nanjing site, enabling domestic manufacturing of high-performance CFRP-based dispersants used in advanced coatings, inks and composite applications. The investment increases global capacity in coordination with … Read the full press release

LANXESS Reappoints CFO Oliver Stratmann for Five-Year Term to Ensure Financial Stability and Strategic Continuity

(IN BRIEF) LANXESS AG has renewed the contract of Chief Financial Officer Oliver Stratmann for another five years, with the new term starting September 1, 2026. The Supervisory Board praised Stratmann’s effective leadership and expertise in financial planning during challenging … Read the full press release

Evonik sells Indonesian betaines business to Aekyung Chemical, advancing shift toward sustainable specialty chemicals

(IN BRIEF) Evonik has sold its betaines production site in Bekasi, Indonesia, to Aekyung Chemical Co., Ltd., furthering its transformation into a sustainable specialty chemicals provider. The sale includes the entire PT Evonik Sumi Asih joint venture and its 60 … Read the full press release

Evonik inaugurates Alu5 production site in Japan to power next-generation battery and coating technologies

(IN BRIEF) Evonik has opened its first fumed alumina production plant, “Alu5,” in Yokkaichi, Japan, marking a key step in expanding its aluminum oxide business across Asia. The mid-double-digit million Euro investment will produce AEROXIDE®, a high-performance aluminum oxide solution … Read the full press release