Mitsui Chemicals, Inc. (Tokyo) intends to carry out a joint incorporation-type demerger with Asahi Kasei (Tokyo) for the two companies’ nonwovens businesses, forming a new integrated company as of the tentative date of October 2, 2023. The companies have agreed…
Kuraray Co. (Tokyo) announced that construction of a new plant for isoprene-related businesses has been completed and will soon start operations in stages. The construction was undertaken by Bangkok-based subsidiaries Kuraray GC Advanced Materials Co., Ltdand Kuraray Advanced Chemicals (Thailand)…
LyondellBasell Industries N.V. (Rotterdam, the Netherlands) announced that PetroChina Jilin Petrochemical Company will again license LyondellBasell’s polyethylene technology at their facility located in Jilin City, Jilin Province, P.R. of China. The newly licensed technology will comprise of LyondellBasell’s leading high-pressure…
Metso Outotec Oy (Helsinki, Finland) is ecpanding its filter assembly plant in Suzhou, China, to respond to global market demand. The plant expansion will not only double local capacity in China to deliver high-quality filters for mining and other industrial…
Merck KGaA (Darmstadt, Germany) broke ground in Kaohsiung, Taiwan, for a new production facility in its Semiconductor Solutions business. The site, which covers an area of 150,000 m2, is to produce specialty gases and semiconductor materials for thin film and…
Alfa Laval AB (Lund, Sweden) is expanding production capacity for heat exchangers in Sweden, Italy, China and the US as part of an increased investment program. For this effort, Alfa Laval has decided to invest SEK 3.8 billion ($360 million)…
Covestro AG (Leverkusen, Germany) has successfully started up a new world-scale facility for the production of chlorine in Tarragona, Spain. It is the first world-scale production plant for chlorine based upon the highly innovative and energy efficient ODC (oxygen depolarized…
Solenis (Wilmington, Del.) completed the acquisition of the stock of the Grand Invest Group on February 6, 2023. As part of the acquisition, Solenis will acquire all Grand Invest Group operating assets, including key strategic production and warehousing facilities. Headquartered…
Toray Industries, Inc. (Tokyo) announced that wholly owned subsidiary Toray Advanced Materials Korea Inc. will increase annual production capacity for TORELINA polyphenylene sulfide (PPS) resin by 5,000 metric tons at a plant in Gunsan, South Korea, from December 2024. The…
Eastman Chemical Co. (Kingsport, Tenn.) announced it has acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region. This acquisition demonstrates Eastman’s commitment to…