Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, announces that it has acquired 100% of the shares of BLH SAS (“BLH”), a well-known distributor of flavors & fragrances focused on the fine perfumery market in France. The acquisition strengthens Azelis’ global footprint in flavors & fragrances, which was created … Read more
Brazilian chemical group Unipar Carbocloro will modernize its chlor-alkali plant in Cubatão, Brazil, with electrolyzer technology from Dortmund, Germany-headquartered Thyssenkrupp Nucera. The upgrade is scheduled to be completed by the end of 2025. According to Thyssenkrupp, Unipar will invest more than 1 billion reais (about €190 million) in the modernization. The contract awarded to Thyssenkrupp … Read more
In line with its customer-focused corporate strategy, BASF has expanded capacities for ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium. The investment adds about 400,000 metric tons per year to BASF’s production capacity for the corresponding products. “With the new plants we are supporting the continuous growth of our customers … Read more
Birla Carbon, one of the leading manufacturers and suppliers of high-quality carbon solutions, completed the acquisition of Nanocyl SA, a worldwide leader in multi-wall carbon nanotubes (MWCNTs) based in Sambreville, Belgium. The acquisition expands Birla Carbon’s presence in the Energy Systems market, creating a leadership position in material critical to Lithium-Ion battery performance along with … Read more
Evonik has modernized the infrastructure of its Antwerp site to strengthen its business with AgraLi® and blueSulfate®, two by-products of methionine production that are mainly used as fertilizers. Along with two new storage tanks, a new, fully automated loading station for tank trucks will increase the safety and efficiency of the loading process to ensure … Read more
BASF invests in the production of emollient specialties at its Düsseldorf site targeted for skin and sun protection products. A new reactor and an upgrade of the distillation units enable an expansion of production capacity to meet the increasing demand for these specialty products. The new facilities are scheduled to go into operation in the … Read more
Galp has taken the final investment decision on two large scale projects to reduce the carbon footprint of the Sines refinery and its products. The projects include a 270 ktpa advanced biofuels unit, in partnership with Mitsui, and 100 MW of electrolysers for the production of green hydrogen. Both units are expected to have their … Read more
Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam (Botlek, TTR, and Chemiehaven) for a total purchase price of EUR 407 million including a conditional deferred payment of EUR 19.5 million. The total expected cash receipt net of transaction costs and net debt items … Read more
BASF has finalized preparations to increase its production capacity for water-soluble dispersants, which are acrylic acid-based, at its Dilovasi, Turkey site. This investment aims to support BASF’s customers in the detergent, cleaning and chemical processing industry across Europe, the Middle East and Africa. The additional capacities are expected to be fully operational by the third … Read more
Conagen, the bio-platform innovator and biomanufacturer, and Sumitomo Chemical, Japan’s leading chemical company, have announced to jointly develop p-hydroxystyrene (HS) and its polymer, poly p-hydroxystyrene (PHS), using a combination of biosynthesis, chemosynthesis and polymerization. The monomer and the polymer are 100% renewable carbon, marking a new era of sustainable production. Developing PHS using a combination … Read more
BASF will increase the production capacity for its medium-molecular weight polyisobutenes, marketed under the tradename OPPANOL® B, at its site in Ludwigshafen, Germany, by 25%. The investment comes in response to the rising global demand for high-quality medium-molecular weight polyisobutenes. “With this step we are further strengthening BASF’s position as a reliable supplier that strongly … Read more
Fluor Corporation (NYSE: FLR) announced that it was awarded an engineering, procurement and construction (EPC) contract by Mitsubishi Chemical Group for its SoarnoL™ ethylene vinyl alcohol copolymer (EVOH) facility in Saltend Chemicals Park, Hull, United Kingdom. Fluor booked its undisclosed portion of the contract in the second quarter of 2023. “Fluor values our relationship with … Read more
The Chemours Company announced they have engaged with the Interagency for Market Control of the Hellenic Ministry of Development (DIMEA), the Hellenic Police, and Hellenic Customs to stop illegal fluorinated gas (F-gas) refrigerants from entering the European Union (EU) at the Greek border. Approximately 15.6 tons of suspected unauthorized refrigerants including R-1234yf used as an … Read more
PreZero and Shell have joined forces through a collaborative agreement to tackle the challenge of recycling plastic by creating an innovative chemical solution. They acknowledge that not all types of plastic can be effectively recycled through mechanical processes, resulting in a significant gap in the circularity of plastic waste. To address this issue, both companies … Read more
In June 2022, Borealis received a binding offer from AGROFERT, a.s. for the acquisition of its nitrogen business including fertilizer, melamine and technical nitrogen products. On July 5, 2023, the transaction, valuing the business on an enterprise value basis at EUR 810 million, has been completed. AGROFERT is a Czech-based group active in a number … Read more
INEOS, a leading global chemical company, has announced its plans to acquire several key businesses and infrastructure assets in a strategic deal with TotalEnergies. The acquisition will involve INEOS taking over TotalEnergies’ 50% share of Naphtachimie, Appryl, Gexaro, and 3TC, which are currently joint ventures between the two companies. These businesses, located at the Lavera … Read more
Syclus intends to build and operate a plant for the production of renewable ethylene from sustainable ethanol in Chemelot Industrial Park, Geleen, Netherlands. With an annual production capacity in the range of 100,000 tonnes, this renewable ethanol-to-ethylene production plant would be a first in Europe, paving the way for a more sustainable way of producing … Read more
Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers, and the mechanical recycling of plastics, announces that it has signed an agreement to acquire Rialti S.p.A., an Italian polypropylene compounder, and recycler. Closing of this transaction is subject to customary regulatory approvals. … Read more
Air Liquide has sold its 19% stake in the fuel cell and hydrogen production technologies provider Hydrogenics Corporation to Cummins, who owns the remaining 81% of the company. With a large portfolio of technologies, Air Liquide is more than ever committed to the development of hydrogen and the Group is a leader in developing and … Read more
Honeywell International Inc. (Charlotte, N.C.) announced that SASA Polyester Sanayi A.Ş. will build the world’s largest Propane Dehydrogenation (PDH) unit in Yumurtalık, Türkiye using the latest generation of Honeywell Oleflex technology. The facility will have the capacity to produce 1 million tons of propylene per year. The Honeywell UOP Oleflex process is used to produce … Read more