Cinis Fertilizer AB has signed an agreement with Ascend Elements, Inc., a leading American manufacturer of engineered battery materials. The agreement pertains sourcing of sodium sulphate, an input for Cinis Fertilizer’s production of environmentally friendly mineral fertilizer. This agreement and collaboration with K+S Minerals and Agriculture GmbH, a global potash player and Europe’s largest salt … Read more
Ascend Performance Materials has reached an agreement to acquire Formulated Polymers Ltd., a leading engineered materials manufacturer in Chennai, India. Expected to close on May 1, this acquisition will establish Ascend’s first manufacturing base in the subcontinent and strengthen Ascend’s global reach in the electrical and e-mobility application space. The deal includes a worldscale manufacturing … Read more
Ascend Performance Materials, an integrated polyamide (PA) 66 supplier, has signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA … Read more
Ascend Performance Materials has finalized plans for a $175 million project to expand adiponitrile (ADN) production capacity at its Decatur, AL manufacturing facility. The company will also construct energy cogeneration units at the site. The cogeneration units will reduce emissions at the facility by 60 percent. Ascend said that state and local governments are providing … Read more