Mitsubishi Chemical Holdings Corporation (MCHC) and its group’s think tank and research institute, The KAITEKI Institute, Inc. on Wednesday announced that they have jointly established “The Global KAITEKI Center” on campus in cooperation with Arizona State University (ASU) in the U.S. on April 1. The center will focus on research aimed at realizing a sustainable … Read more
Versum Materials announced the filing of an investor presentation with the SEC and that the Versum Board of Directors sent a letter to Versum shareholders regarding the previously announced definitive merger agreement with Entegris, urging shareholders to vote the WHITE proxy card “FOR” the merger agreement with Entegris at the Special Meeting of Stockholders on … Read more
Eastman, a global specialty chemical company, announced a breakthrough innovation to address the plastic waste problem worldwide on Wednesday. The company announced plans in March to launch an advanced circular recycling technology that breaks down polyester waste that cannot be recycled into basic polymer building blocks by current mechanical methods that can be reintroduced as … Read more
ExxonMobil said today that it has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates. ExxonMobil invests in Singapore integrated complex to upgrade product slate to higher-value lube base stocks, distillates … Read more
DowDuPont announced that it has completed the separation of its Materials Science Division through the spin-off of Dow Inc. On March 21, 2019, DowDuPont common stockholders received one share of Dow’s common stock for every three DowDuPont common stock shares they held at the close of business. Common stockholders of DowDuPont will also receive cash … Read more
Italmatch Chemicals on Tuesday announced that it has acquired Eco Inhibitors, a technology start – up company based in Norway that has developed chemical solutions to produce a new generation of environmentally friendly hydrate inhibitors. Investing in such highly innovative technologies enables Italmatch Chemicals to further consolidate its focus on R&D and sustainability, expanding and … Read more
Pollution Control Board of Indian state Gujarat has ordered chemicals manufacturer SRF Ltd to shut down its Dahej unit. The board in its order stated that the company has violated the industrial waste disposal norms and installed a calcium chloride plant without regulatory approvals. On March 25, the state regulator inspected the industrial unit of … Read more
Eastman Chemical Company announced that it has acquired Sasol’s Marlotherm heat transfer fluids manufacturing assets located in Germany and related formulations, intellectual property and customer contracts. Terms of the transaction were not disclosed. The company stated that the acquisition will enable Eastman to expand its heat transfer fluids product offerings to customers around the globe. … Read more
American specialty chemicals company Albemarle formally announced start of construction work on its new lithium hydroxide processing plant in Kemberton, Australia at an event last Thursday. The company will build the plant with a total investment of AUD$1 billion ($ 708.2 million). The Kemberton site will be Australia’s largest lithium processing facility when it becomes … Read more