Invista (Wichita, Kan.) has announced that Invista Nylon Chemicals (China) Co. plans to double its current nylon 6,6 polymer production at Shanghai Chemical Industry Park (SCIP) and signed a memorandum of cooperation with SCIP at a ceremony today. Following a…
Sika AG (Baar, Switzerland) has acquired Shenzhen Landun Holding Co., Ltd., a manufacturer of waterproofing systems in China. The company offers a comprehensive range of waterproofing products and technologies, perfectly complementing Sika’s existing portfolio. The combined offering will provide new…
Solvay S.A. (Brussels, Belgium) and Shinkong Synthetics Fibers Corp. (SSFC), a Taiwan-based global manufacturer of PET polymer materials, announced that they have agreed upon the creation of a new joint venture (JV), Shinsol Advanced Chemicals, for the development, production and…
BASF SE (Ludwigshafen, Germany) is building a new pilot plant center for its catalysts business at its Ludwigshafen site. The new Catalyst Development and Solids Processing Center will serve as a global hub for pilot-scale production and process innovations of…
Sumitomo Chemical Co. (Tokyo, Japan) plans to expand its production capacity for high-purity chemicals for semiconductors. The Company will install new production lines to double the capacity for high-purity sulfuric acid at its Ehime Works (Niihama city, Ehime, Japan) and…
KBR, Inc. (Houston) announced that it has signed an alliance agreement with Johnson Matthey plc (JM; London) to license the FORMOXTM Integrated UFC Technology (iUFCTM). The innovative iUFC technology consists of JM’s methanol and UFC (Urea Formaldehyde Concentrate) production processes integrated with…
Lukoil (Moscow, Russia) announced the start of a catalytic cracking complex construction project at the Perm refinery. The project is implemented under an agreement with the Ministry of Energy of the Russian Federation on providing an investment incentive as part…
Lanxess AG (Cologne, Germany) intends to take over the microbial control business of the U.S. group International Flavors & Fragrances Inc. (IFF). Both companies signed a corresponding agreement on August 23, 2021. IFF Microbial Control is one of the leading…
Clariant AG (Muttenz, Switzerland) has signed an agreement to acquire the remaining 70% in Brazilian Personal Care Specialties company Beraca from the founding Sabará family. Clariant has held a 30% stake in the company since 2015. The purchase price will…
Sika AG (Baar, Switzerland) has agreed to sell its European industrial coatings business, based in Germany, to The Sherwin-Williams Co. (Cleveland, Ohio). In 2020, the business segment generated sales of approximately CHF 75 million (around $82 million). The transaction is…