3M said on Wednesday it reached an agreement with the Belgian government to spend more than €571 million ($582 million) to carry out previously agreed PFAS-related remedial actions to address legacy manufacturing and disposal of the so-called “forever chemicals.” The agreement contains certain provisions ending current litigation and provides certain releases of liability for 3M … Read more
BASF and THOR GmbH are combining their expertise in non-halogenated flame retardant additives to provide customers with a comprehensive solution that will enhance the sustainability and performance for specific plastic compounds, as well as meet stringent fire safety requirements. Flame retardancy is an essential element for plastic components or composites which are commonly used in … Read more
Tata Chemicals Europe (TCE) has opened what is described as the UK’s first and largest industrial scale carbon capture and usage plant. The Northwich-based producer of sodium carbonate, salt and sodium bicarbonate has invested nearly £20 million in the project which was also supported by a £4.2 million BEIS grant. The plant is predicted to … Read more
INEOS Phenol has launched its first bio-attributed product line for phenol, acetone alphamethylstyrene (AMS). These products, made without using fossil fuels as feedstock, are to be sold under the INVIRIDISTM brand. They represent innovation in the global phenol market and offer a more climate-friendly and sustainable alternative to existing phenol, acetone, or AMS. Manufactured at … Read more
OQEMA Group, a German chemical distributor has acquired hardeners and lacquers manufacturer ACC Beku. Founded in 1922, OQEMA is one of the top ten chemical distributors in Europe. The company is identifying opportunities for growth, seizing them and further expanding its presence in Europe with determination. ACC BEKU was established in 1922 and operates in … Read more
Repsol has signed a technology license agreement that would allow the company to construct an ultra-high molecular weight polyethylene (UHMWPE) plant. The plant would be located in Repsol’s Industrial Complex in Puertollano (Spain) and would have an annual production capacity of at least 15 kt. The agreement boosts up Repsol’s ambition to become a future … Read more
INEOS Olefins Belgium is the first industrial player to sign an agreement with Fluxys to participate in the feasibility study for the development of an open access hydrogen network in the port of Antwerp. The cooperation follows the market consultation initiated by Fluxys last year to match supply and demand for hydrogen in the Belgian … Read more
Royal DSM NV will merge with Swiss company Firmenich to form the largest flavours & fragrances company. The new company will have annual revenue of more than 11 billion euros ($12 billion), the companies said Tuesday. The deal is the latest stage in DSM’s ongoing transformation. DSM said last September it was to fully focus … Read more
BP has collaborated with Abu Dhabi National Oil Company (ADNOC) and Masdar of Abu Dhabi for its planned hydrogen projects in Teesside, UK. The collaboration builds on strategic framework agreements signed by the companies in September last year. ADNOC will make its first investment in the UK to acquire a 25% stake in the design … Read more
India and Germany have signed a joint declaration of intent on the Indo-German Green Hydrogen Task Force. According to the Ministry of New and Renewable Energy, the joint proclamation was virtually signed by R K Singh, Union Minister for Power and New and Renewable Energy, and Robert Habeck, German Minister for Economic Affairs and Climate … Read more
INEOS Nitriles, a subsidiary of INEOS has announced plans to construct a 15,000-tonne-per-year acetonitrile plant in Cologne, Germany, one of its key operating sites. It stated that the investment would be “substantial”. The company, which claims to be world’s larger producer of acetonitrile, said the intent is to improve supply to its European customer base … Read more
Röhm is further driving the growth of the company by the additional expansion of capacities for impact-resistant PLEXIGLAS, a branded polymethyl methacrylate (PMMA) in Germany. In January, Röhm announced the expansion of production facilities for PLEXIGLAS molding compounds in Worms (Germany) and Shanghai (China). A new section is currently being added to a plant producing … Read more
Enerkem, a world leader in t he production of low-carbon intensity biofuels and circular chemicals from waste materials, announces the closing of a new financing totaling $255 million. Repsol invests $170 million, of which $75 million is in Enerkem’s equity. In doing so, Repsol joins existing shareholder Suncor Energy as a strategic shareholder to accelerate … Read more
Yara International ASA to continue the realisaton of its decarbonisation project at the ammonia plant in Herøya, Porsgrunn without Aker Clean Hydrogen AS and Statkraft AS. The project was launched in 2021 as a cooperation between Yara, Aker Clean Hydrogen and Statkraft, aiming to decarbonize Yara’s ammonia plant at Herøya in Porsgrunn and removing 800,000 … Read more
Eastman has entered an exclusive negotiation with Port-Jérôme-sur-Seine in Normandy as the preferred location of the molecular recycling facility it plans to build in France. This is an important step toward a significant milestone in the company’s plan to invest up to $1 billion and build the world’s largest material-to-material molecular recycling plant in France … Read more
UK carbon capture specialist Storegga jointly with Mitsui & Co., Ltd. to advance the commercialisation of direct air capture (DAC) technology. The Memorandum of Understanding (MoU) signed on March 25th will also support development of the UK’s first DAC facility in North East Scotland which aims to extract one million tonnes of carbon dioxide (CO2) … Read more
Symrise has submitted a binding offer to acquire 100% of R. Romani – Société Française d’Aromatiques (SFA Romani), a high-end fragrances house. In addition, Symrise submitted a binding offer to fully acquire Neroli Invest DL (Groupe Neroli). Both companies are based in the Grasse area in France. With these transactions, Symrise intends to reinforce its … Read more
Solvay announced it is reviewing plans to separate the Company into two independent publicly traded companies: EssentialCo would comprise leading mono-technology businesses including Soda Ash, Peroxides, Silica and Coatis, which are reported as the Company’s Chemicals segment, as well as the Special Chem business. These businesses generated approximately €4.1 bn in net sales in 2021. … Read more
Borealis has announced it will not go ahead with plans to sell its nitrogen fertilizer business to Russian-owned, Swiss-based fertilizer producer EuroChem. The deal is among many other European chemicals agreements that have been cancelled due to the Russian invasion of Ukraine. The proposed binding offer of €455 million was unveiled in early February, and … Read more
Repsol has commenced work on the first advanced biofuels plant in Spain that the company is building at its Cartagena refinery. Repsol, in alignment with its ambition to become a net zero emissions company by 2050, will invest €200 million in this project that will enable the supply of 250,000 tonnes per year of advanced … Read more