Dow (The Dow Chemical Company) announced its plan to invest in an alkoxylation facility on the U.S. Gulf Coast. Upon completion, this new facility will support global growth in Dow’s core end-markets related to infrastructure and home and personal care, as well as additional end-markets where Dow continues to strengthen its position for the TRITON, … Read moreDow to Invest in Flexible Alkoxylation Facility on U.S. Gulf Coast
Umicore has signed a multi-year strategic agreement with Samsung SDI for the supply of close to 80,000 metric tonnes of high-performance NMC (Nickel Manganese Cobalt) cathode materials starting in 2020. The cathode materials will be supplied from Umicore plants in different regions with the majority of volumes initially produced in Korea. A vast portion of … Read moreUmicore Announces Cathode Materials Supply Deal with Samsung SDI
AMG, Advanced Metallurgical Group N.V. and Shell Catalysts & Technologies have signed an agreement to form a joint venture which will be called Shell & AMG Recycling B.V. The joint venture will provide a long-term sustainable solution for catalyst reclamation and recycling. Dr. Heinz C. Schimmelbusch, Chairman & Chief Executive Officer of AMG, said “AMG … Read moreAMG, Shell Catalysts & Tech form Catalyst Recycling JV
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 moreArkema Expands Specialty Polyamide Powders Capacity in France
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 moreMerck KGaA Completes Acquisition of Versum Materials
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 moreClariant mulls $1.5B Masterbatches sale to PolyOne
BASF enters the market for natural F&F ingredients by acquiring Isobionics, an innovation leader in biotechnology which is serving the global market for natural flavors and fragrances (F&F), and through a cooperation agreement with Conagen, a leader in biotechnology research. Being known as a leading supplier of synthetic aroma ingredients, the company now broadens its … Read moreBASF Enters into Natural Flavor and Fragrance Ingredients Market
Polynt-Reichhold Group, a global leader in composite materials, intermediate chemicals, coating resins, thermosetting composites, gel coats, and niche chemical specialties, announced its decision to expand the successful integrated business model it employs in Europe and Asia to its operations in the Americas by investing in local production of Maleic and Phthalic Anhydride intermediates. Rosario Valido, … Read morePolynt-Reichhold to Invest in Intermediate Production in the Americas
The Chemours Company (Chemours), a global chemistry company with leading market positions in titanium technologies, fluoroproducts and chemical solutions, received the 2019 SCI Gordon E. Moore Medal for leading a team that developed Teflon EcoElite, a non-fluorinated, renewably sourced durable repellent for use in the consumer textile market. The development of Teflon EcoElite finish is … Read moreChemours Receives Moore Medal for Developing Non-Fluorinated Bio-Based Water Repellent
Petronas Chemicals Group (PCG) has completed the acquisition of Da Vinci Group BV after fulfilling the conditions required in the share purchase agreement to complete the acquisition of 100% of the share in Da Vinci. PCG has agreed earlier this year to buy the Dutch specialty chemicals firm for a reported €163m (US$182m). In a … Read morePetronas Chemicals Completes Acquisition of Da Vinci Group
Sika has agreed to acquire Crevo-Hengxin, a Chinese manufacturer of silicone sealants and adhesives used in both industry and construction applications. With this takeover, Sika is expanding its Target Markets Industry and Sealing & Bonding presence in China and the Asia Pacific region, and is gaining additional silicone technology plus a production footprint. Crevo-Hengxin generates … Read moreSika Acquires Chinese Silicones Seals Manufacturer
Lack of demand from industrial customers and the global economic uncertainties continue to create problems for the German chemical and pharmaceutical industry. Weak numbers for the second quarter of 2019 have prompted the German Chemical Industry Association (VCI) to lower its full-year forecast for the third time in 2019. There is no improvement in sight, … Read moreGerman Chemical Industry in the Doldrums
Quaker Houghton announced on Thursday, 29th Aug that it has agreed to acquire the operating divisions of Norman Hay plc, a private UK company that provides specialty chemicals, operating equipment, and services to industrial end markets, for a purchase price of 80 million GBP ($98 million), subject to post-closing adjustments. The divisions to be acquired … Read moreQuaker Houghton to Acquire Operating Divisions of Norman Hay plc
BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is €1.15 billion ($1.27 billion). The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval of the relevant … Read moreDIC to Acquire BASF’s Global Pigments Business
Nouryon will double capacity at its surfactants plant in Stenungsund, Sweden to support the growth of several existing products as well as new sustainable technologies for markets including oil and gas, lubricants and fuels, and asphalt. The €12-million expansion and upgrade project includes the installation of a new reactor and is expected to be completed … Read moreNouryon to Double Surfactants Capacity in Sweden
Meridian Adhesives Group announced on Thursday the acquisition of Epoxies, Etc., a leading resin formulator of epoxies, urethanes and silicones. Arsenal Capital Partners created Meridian in 2018 as its platform in the global adhesives and sealants sector, focusing on high-value adhesives technologies. In May 2018, Meridian completed the acquisitions of Epoxy Technology and Adhesives Technology … Read moreMeridian Adhesives Group Acquires Epoxies, Etc
Elkem ASA acquires Basel Chemie, a Korean producer of specialty silicone gels for cosmetics and water repellents for the construction industry. The acquisition gives Elkem access to leading technology in attractive end-user silicone segments and provides a solid platform for further development and growth. The companies have agreed an enterprise value of USD 26.9 million … Read moreElkem ASA Acquires Silicones Producer Basel Chemie
Ion Exchange (India) Limited, a leading water and environment management solutions provider, announces the launch of its new Research & Development Centre at Patancheru in Telangana, of Southern India. The centre will focus on the company’s Chemicals, Resins and Membranes business. It will also provide technical and scientific support to the company’s existing technology and … Read moreIon Exchange Inaugurates R&D Centre in Telangana, India
Huntsman Corporation announced on Friday that it has entered into a definitive agreement to sell its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures in a transaction valued at $2.076 billion. The transaction comprises a cash purchase price of $2.0 billion plus the transfer of up to approximately $76 million … Read moreHuntsman Sells its Intermediates, Surfactants Businesses to Indorama for $2.1 B
Clariant and SABIC have agreed to temporarily suspend the discussions on the intended business combination High Performance Materials (HPM), consisting of Clariant’s Additives and high value Masterbatches and parts of SABIC’s Specialties business. The JV talks with Saudi Basic Industries (SABIC) had been shelved due to differences over price, which comes as a further setback … Read moreClariant, Sabic Talks on Specialties JV Collapse, Clariant to Divest Masterbatches