BASF to Expand Polyurethane Dispersions Capacity in Spain

BASF SE announced a single-digit million-euro investment to increase capacity of water-based polyurethane dispersions at its Castellbisbal site in Spain. The expansion will allow BASF to increase its production capacity by 30%. “We want to continue to provide our customers with high-quality polyurethane dispersions and help them grow by ensuring supply reliability. Considering the rising … Read more BASF to Expand Polyurethane Dispersions Capacity in Spain

BASF Completes the Divestiture of its Ultrafiltration Membrane Business to DuPont

BASF has closed the previously announced transaction to divest its ultrafiltration membrane business to DuPont Safety & Construction (DuPont). The divestiture includes the shares of inge GmbH, the business’ headquarters and production site in Greifenberg, Germany, including all employees, its international sales force, and certain intellectual property previously owned by BASF SE. Financial details of … Read more BASF Completes the Divestiture of its Ultrafiltration Membrane Business to DuPont

Companies form Consortium to Tackle PET Plastic Waste

ALPLA, Britvic, Danone, Unilever, REMONDIS and BP – leading companies operating across the polyethylene terephthalate (PET) plastic packaging value chain announced they have formed a new consortium that aims to help to address the problem of plastic waste by accelerating the commercialisation of BP Infinia enhanced recycling technology. BP Infinia is designed to turn opaque … Read more Companies form Consortium to Tackle PET Plastic Waste

Ferro to Sell Tile Coatings Business to Pigments Spain

Ferro Corporation announced it has entered into a definitive agreement to sell its Tile Coatings Business to Pigments Spain, S.L., a company of the Esmalglass-Itaca-Fritta group, which is a portfolio company of Lone Star Funds. The deal was for $460 million in cash, with the potential for an additional $32 million in cash based on … Read more Ferro to Sell Tile Coatings Business to Pigments Spain

Trinseo, Fernholz to Jointly Develop High-Quality Recycled Polystyrene

Trinseo announced the initiation of a joint development project with Fernholz – a leading manufacturer of plastics packaging – to develop a high-quality Polystyrene (PS) product composed of 25% recycled material through a chemical recycling dissolution process. The collaboration is expected to have commercial viability by mid-year 2020. Trinseo announced at the industry renown K … Read more Trinseo, Fernholz to Jointly Develop High-Quality Recycled Polystyrene

Baltic Chemical Plant Selects Univation’s UNIPOL PE Technology

Baltic Chemical Plant LLC (BCP), a wholly-owned subsidiary of RusGasDobycha, has selected Univation Technologies’ UNIPOL PE Process for six reactor lines to be located at the Ust-Luga marine port located in Leningradsky Region, Russia. With maximum product flexibility in mind, each UNIPOL PE Reactor line is designed for a world-scale capacity of 500,000 TPY, yielding … Read more Baltic Chemical Plant Selects Univation’s UNIPOL PE Technology

Royal DSM to Acquire Royal CSK, Combining Complementary Strengths in Dairy

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announced that it has reached agreement with the shareholders of specialty dairy solutions provider Koninklijke CSK Food Enrichment C.V. for the acquisition of a 100% interest in the company for a cash consideration of about €150 million ($166 million). Subject to customary conditions, … Read more Royal DSM to Acquire Royal CSK, Combining Complementary Strengths in Dairy

PMC Acquires Lanxess’ Organotin Specialties Business

PMC Group N.A., Inc. and Lanxess Organometallics GmbH announced that the parties have reached an agreement whereby PMC’s European subsidiary will acquire the organotin specialties product line from Lanxess. The transaction is scheduled to close by year end, subject to customary closing conditions. The Business includes Lanxess’ global organotin catalyst, organotin specialties and intermediates product … Read more PMC Acquires Lanxess’ Organotin Specialties Business

Air Liquide is Exploring the Possible Sale of Schülke

Air Liquide said it was examining the possible sale of its German unit Schuelke. The Group intends to continue to develop its healthcare activities, while providing schülke with the best opportunities for its long-term development. “Being at the very preliminary stage of this process, different scenarios are being reviewed and no assurance can be given … Read more Air Liquide is Exploring the Possible Sale of Schülke

MonoSol to Build New Plant in Europe and Expand Operations in US

MonoSol, a divison of Tokyo-based Kuraray Group announced plans to further expand its operations with the construction of a new manufacturing facility in Poland to meet rapidly increasing demand for its water-soluble and biodegradable films. Additionally, the company confirmed plans to increase manufacturing capacity at its recently completed plant near Indianapolis in Lebanon, Indiana. The … Read more MonoSol to Build New Plant in Europe and Expand Operations in US

Covestro Sells European Systems Houses Business to HIG Capital

Covestro successfully closed the sale of its European Systems Houses business to H.I.G. Capital effective as of November 1, 2019. The sales proceeds amount to a high-double-digit euro million sum. The business comprises facilities in the Netherlands, Denmark, Spain, Germany and further businesses in Italy. With approximately 250 employees, the business generates a annual sales … Read more Covestro Sells European Systems Houses Business to HIG Capital

Solvay Opens Thermoplastic Composites Innovation Centers in the U.S. and in Europe

Solvay has opened two innovation centers dedicated to thermoplastic composites in the United States and Belgium, reinforcing its research and innovation (R&I) capabilities and engagement with customers, in high performance materials for the aerospace, automotive and oil & gas markets.  The opening of both centers follows Solvay’s creation in April of its thermoplastic composites platform … Read more Solvay Opens Thermoplastic Composites Innovation Centers in the U.S. and in Europe

Ineos Announces Range of Bio-attributed Olefins and Polyolefins

INEOS Olefins & Polymers Europe has announced a range of Bio-Attributed Olefins and Polyolefins, based on renewable bio based raw materials that do not compete with food production.  Products will be supplied from the INEOS Koln site, Germany, later this year. The company stated that bio-attribution measures the extent to which fossil fuel-derived feedstocks have … Read more Ineos Announces Range of Bio-attributed Olefins and Polyolefins

Arkema to Sell Functional Polyolefins Business to SK Global

Arkema announces the proposed divestment of its Functional Polyolefins business to SK Global Chemical, a major chemicals player in South Korea and a subsidiary of SK, the large South-Korean corporation. With this project, Arkema continues its shift towards specialty chemicals and advanced materials. Part of the PMMA Business Unit (Industrial Specialties division), the Functional Polyolefins … Read more Arkema to Sell Functional Polyolefins Business to SK Global

INEOS Styrolution Introduces ABS Grades with Post-Consumer Recycled Material

INEOS Styrolution, the global leader in styrenics, introduced its first ABS (acrylonitrile butadiene styrene) grades with mechanically recycled content, making them the first products of the newly launched ECO family.  The new Terluran ECO GP-22 grade is the first contribution from INEOS Styrolution to meet INEOS’ pledge to incorporate at least 325kt/year of recycled materials … Read more INEOS Styrolution Introduces ABS Grades with Post-Consumer Recycled Material

Arkema Expands Specialty Polyamide Powders Capacity in France

Arkema brought on stream a new production line for ultra-high performance polyamide 12 powders at the Mont plant in France. The new line increases the company’s global capacity for the Orgasol-branded products by over 50%, Arkema announced on 8 Oct, without giving detailed figures. The new capacity will serve the fast-growing niche industrial applications, in … Read more Arkema Expands Specialty Polyamide Powders Capacity in France

Merck KGaA Completes Acquisition of Versum Materials

Merck KGaA, Darmstadt, Germany, announced on Monday that it has completed the announced transaction with Versum Materials, Inc., a leading materials supplier to the semiconductor industry. Merck expects Versum to contribute around 270 million euros ($296.76 million) to group revenues by the end of the year. In April, Merck sealed a $6.5 billion takeover deal … Read more Merck KGaA Completes Acquisition of Versum Materials

Clariant mulls $1.5B Masterbatches sale to PolyOne

Clariant AG is in talks to sell its masterbatch unit to U.S. specialty materials maker PolyOne Corp., according to a report by Bloomberg. Clariant has been seeking about $1.5 billion for its Masterbatches business, which makes colorants and optical brighteners for polymers, according to the report. While discussions with PolyOne are the most advanced, the … Read more Clariant mulls $1.5B Masterbatches sale to PolyOne

BASF Plans Expansion of Ethylene Oxide, Derivatives Complex at Antwerp

BASF will expand the capacity of ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium in line with its customer-focused corporate strategy. The total investment adds about 400,000 metric tons per year to BASF’s production capacity for the corresponding products with an expected investment amount exceeding €500 million ($544 million). “This … Read more BASF Plans Expansion of Ethylene Oxide, Derivatives Complex at Antwerp

MOL Starts Construction of $1.3Bn Polyol Complex in Hungary

MOL laid the foundation stone for the Tiszaújváros polyol plant on Friday. The plant is expected to be commissioned in 2021. MOL will invest EUR 1.2 billion ($1.3 billion) to construct the plant which will be able to produce around 200,000 tons of polyols per year. Zsolt Hernádi, Chairman and CEO of MOL Group, Dr. … Read more MOL Starts Construction of $1.3Bn Polyol Complex in Hungary