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Umicore inaugurates new production facility for metal-organic precursor technologies

Umicore N.V.’s (Brussels, Belgium; www.umicore.com) Precious Metals Chemistry business unit has inaugurated a production unit in Germany for advanced metal organic precursor technologies used in the semiconductor and LED markets — TMGa (Trimethylgallium) and TEGa (Triethylgallium). The inauguration event was…

Axalta Coating Systems marks first production plant in Argentina

Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) announced its first production and logistics center in Argentina in the municipality of Escobar (province of Buenos Aires). Axalta Chairman and CEO Charlie Shaver met with employees and toured the new facility where initial…

Braskem to invest $675 million in Delta polypropylene plant

Braskem (São Paulo, Brazil; www.braskem.com.br) announced that the company’s Board of Directors has formally approved the final investment decision to proceed with the largest polypropylene (PP) production line in the Americas. Braskem will commit up to $675 million in investment…

Chevron Phillips announces successor for retiring CEO

Chevron Phillips Chemical Co. LLC (The Woodlands, Tex.; www.cpchem.com) announced that Peter Cella, president and chief executive officer (CEO), intends to retire from the company, effective August 1, 2017. Additionally, the company announced that Mark Lashier, currently executive vice president,…

BASF plans significant investment in ibuprofen capacities in Germany and North America

BASF SE (Ludwigshafen, Germany: www.basf.com) plans to build a new world-scale plant to produce ibuprofen in Ludwigshafen, Germany. Ibuprofen is an active pharmaceutical ingredient that is used for treating pain, fever, and inflammation. The new plant, is scheduled to come…

BASF and Norilsk Nickel enter exclusive negotiations to cooperate on raw material supply for battery materials production in Europe

BASF SE (Ludwigshafen, Germany; www.basf.com) and PJSC MMC Norilsk Nickel (Nornickel; Moscow, Russia; www.nornik.ru/en) have signed a Memorandum of Understanding and entered exclusive negotiations to cooperate on the supply of raw materials for future battery materials production for lithium-ion batteries…

Amec Foster Wheeler completes sale of CFB boiler business

As part of the company-wide transformation program, which includes the sale of non-core assets, Amec Foster Wheeler (London, U.K.; www.amecfw.com) announces that it has completed the sale of its circulating fluidized-bed (CFB) boiler business to Sumitomo Heavy Industries, Ltd (SHI),…

Metso investing €3.5 million in Africa for the manufacture of crusher wear parts

Metso Corp. (Helsinki, Finland; www.metso.com) is increasing its manufacturing capacity for large crusher wear parts castings used in minerals processing by investing in a second melting furnace at the Isithebe foundry in South Africa. The €3.5-million investment will ensure the…

U.S. specialty chemical market growth eases in May, ACC says

The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported today that after a strong start to the second quarter, growth in U.S. specialty chemicals market volumes eased to a 0.3 percent gain in May, about half the pace of the…

NatureWorks launches Performance Chemicals division

NatureWorks (Minnetonka, Minn.; www.natureworksllc.com) has formed a Performance Chemicals Division to supply lactides, polyols, binder resins and chemical intermediates to companies that manufacture C.A.S.E. (coatings, adhesives, sealants, and elastomers), toners and fine chemicals. "The NatureWorks Performance Chemicals Division delivers renewably…