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Kemira inaugurates its largest water-treatment chemicals plant; and more business news

PLANT WATCH Kemira inaugurates its largest water-treatment chemicals plant October 9, 2014 — Kemira Oyj (Helsinki; www.kemira.com) has inaugurated its biggest manufacturing plant for water-treatment chemicals. Located in Dormagen, Germany, the facility will produce 14 different specifications of acidic and alkaline…

Current economic trends

The preliminary value for the August CE Plant Cost Index (CEPCI; the most recent available) rose 0.35% from the final July value, continuing a string of five consecutive monthly increases. The Equipment subindex saw the largest month-to-month gain, while the…

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Corbion Purac plans to construct a large PLA production plant in Thailand  

Corbion Purac (Amsterdam, the Netherlands www.corbion.com) will accelerate its thrust into the biotechnology arena, making the next step in the bioplastics value chain by becoming a PLA producer. With entry into PLA, Corbion Purac intends to bring new biodegradable solutions…

NatureWorks’ bioplastics initiative receives $2.5 million DOE grant

The U.S. Energy Department’s Office of Energy (DOE) Efficiency and Renewable Energy, Bioenergy Technologies announced a grant of up to $2.5 million to NatureWorks, LLC (Minnetonka, MN; www.natureworksllc.com), one of the world’s leading suppliers of bioplastics, in support of an…

Specialty chemicals ended third quarter on a positive note, ACC says

U.S. specialty chemical market volumes ended the third quarter strongly, with a 0.9% gain in September, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   The September gain followed no…

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Messer to build third ASU in Vietnam  

Messer Group (Bad Soden/Frankfurt, Germany; www.messergroup.com) is building its third gasses production plant in Vietnam. The new contract for oxygen and nitrogen that Hoa Phat Steel, the largest steel producer in Vietnam, signed in October with Messer, will run for…

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BASF and Toda Kogyo form JV for cathode-active materials  

BASF SE (Ludwigshafen, Germany; www.basf.com) and Toda Kogyo Corp. (Tokyo, Japan; www.todakogyo.co.jp), an industry leader in the development and manufacture of cathode materials for lithium-ion batteries, have agreed to form a joint venture (JV) for cathode active materials (CAM) in…

Nippon Shokubai to divest its polyester business to Takiron

Nippon Shokubai Co. (Osaka, Japan; www.shokubai.co.jp) has entered into a letter of intent with Takiron Co., Ltd. (Tokyo; www.takiron.co.jp) to transfer all of the shares of its subsidiary, Nippon Polyester Co. Final share transfer agreements will be signed after negotiations…

Vencorex announces plans for isocyantes expansion in the U.S., France and Thailand

Vencorex (Saint-Priest, France; www.vencorex.com) is expanding its capacity of aliphatic isocyanates to further strengthen the company’s positions worldwide.  Several industrial projects will enhance the ability to serve the growing market for years to come.   Vencorex’s objective is to strengthen…

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Clariant divests its Energy Storage Business to Johnson Matthey  

Clariant (Muttenz, Switzerland; www.clariant.com) has agreed to divest its Business Line Energy Storage to Johnson Matthey Plc. (London; www.matthey.com). The total consideration of the sale amounts to $75 million at closing which is expected early 2015. The Energy Storage business…