BASF will increase the production capacity of Alkylethanolamines (AEOA) by 20 percent at the BASF Verbund site in Ludwigshafen, Germany. After the start-up in 2020, BASF’s global annual nameplate capacity of AEOA will be more than 110,000 metric tons per year at its production facilities in Ludwigshafen, Germany; Geismar, USA; and Nanjing, China. “As one … Read more
Dow signed an agreement on Tuesday with PETRONAS Chemicals Glycols to collaborate on a carbon project at PETRONAS’ world-scale ethylene oxide (“EO”) production facility in support of the Official Carbon Partnership between Dow and the International Olympic Committee (IOC). Together, Dow and PETRONAS Chemicals Glycols are committed to reducing greenhouse gas emissions from the operations … Read more
Praj Industries announced its collaboration with Gevo, Inc, USA to offer technology for production of high energy renewable aviation jet fuels. The company signed a construction license agreement (CLA) with Gevo, Inc, USA dated 4 April 2019, to commercialize technology for the production of Isobutanol using sugar-based feedstocks, such as juice, syrup and molasses. According … Read more
Evonik announced on Monday that it will expand its production capacity of transparent polyamides at the Marl Chemical Park (Germany) which the company sells under the brand TROGAMID CX. Production expansion is scheduled for completion in the first quarter of 2020. The project will double the specialty chemicals company’s capacity for its transparent, high-performance materials. … Read more
INEOS Styrolution has announced the completion of the first successful test runs to produce virgin polystyrene from recycled monomer. Completed at the company’s Antwerp site in Belgium, these experiments can be viewed as practical proof of polystyrene recyclability and as a game changer for INEOS Styrolution in polystyrene production. The product is the result of … Read more
BASF SE will increase production capacity in Guaratinguetá, Brazil, for its sodium methylate plant. The nameplate capacity will increase by 30 %, from 60,000 metric tons to 80,000 metric tons. By 2020, the new capacity is expected to become operational. Sodium methylate is an effective and reliable catalyst that provides a sustainable solution for biodiesel production … Read more
Celanese Corporation, a global chemical and specialty materials company, announced on Monday that after an extensive search, the Board has selected Lori Ryerkerk to succeed Rohr as CEO. The appointments are effective May 1, 2019, and at that time Ryerkerk will also join Celanese’s Board. Mark Rohr, Chairman and Chief Executive Officer (CEO), will assume … Read more
Merck KGaA won Versum board’s support for a $ 6.5 billion sweetened takeover offer, reversing an agreed merger with rival Entegris. “This proposal constitutes a ‘Superior Proposal’ as defined in Versum’s previously announced merger agreement with Entegris, Inc.,” Versum said in a statement on Monday. After reviewing business data and following meetings between Merck KGaA Chief … Read more
Nouryon (formerly AkzoNobel Specialty Chemicals) has started production of a new version of its dibenzoyl peroxide (BPO), Perkadox GB-50, at Los Reyes, Mexico. It is the first dry BPO on the market that does not use the desensitizing agent dicyclohexyl phthalate (DCHP), which the European Union recently reclassified as a category 1B Reproductive Toxin. Perkadox … Read more
Nouryon (formerly AkzoNobel Specialty Chemicals) will start construction in May on a project to further increase capacity for chloromethanes at its site in Frankfurt, Germany, supporting growing global customer demand. The expansion is expected to be completed in 2020. The company first increased chloromethanes production in Frankfurt in 2017; the new project will increase annual … Read more
Global private equity firm H.I.G. Capital, LLC announced on WEdnesday that its portfolio company, Vantage Specialty Chemicals Holdings, Inc, a leading, vertically-integrated provider of naturally derived ingredients, has signed a definitive agreement to acquire Textron Plimon, S.L.U. Natural Oils Business. As part of the transaction, Textron will spin-off its Spanish distribution business (“Plimon”) which will … Read more
AkzoNobel is set to transform its wood coatings facility in High Point, North Carolina, into a best-in-class manufacturing site – and further strengthen the company’s market position in the US. The transformation will involve reorganizing manufacturing operations at the site and will include the addition of automatic dosing unit technology to produce paint more efficiently. … Read more
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