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Latest News: Business

BASF expands e-coat manufacturing facility in Mangalore, India

BASF SE (Ludiwgshafen, Germany) announced that its Coatings division has expanded the e-coat manufacturing facility at its Mangalore site. This strategic expansion is driven by the growing demand for e-coat solutions by local automotive OEM customers in India, as well…

Imerys to acquire diatomite and perlite business from Calgon Carbon

Imerys S.A. (Paris) announced it has entered into exclusive negotiations with Chemviron, a subsidiary of Calgon Carbon Corp., to acquire its European diatomite and perlite business. Through this acquisition, Imerys would extend and complement its European footprint in diatomite and…

Linde to supply industrial gases for world’s first large-scale green-steel plant in Sweden

Linde plc (Guildford, U.K.) will invest approximately $150 million to build, own and operate an on-site air separation unit (ASU) in Boden, northern Sweden. Linde will supply oxygen, nitrogen and argon to H2 Green Steel’s integrated plant, which will use…

Arkema acquires Dow’s flexible packaging laminating adhesives business

Arkema S.A. (Colombes, France) has agreed to acquire Dow’s flexible packaging laminating adhesives business, one of the leading producers of adhesives for the flexible packaging market, generating annual sales of around US$250 million. The proposed acquisition will significantly expand Arkema’s…

INEOS completes purchase of LyondellBasell’s Ethylene Oxide & Derivatives business

INEOS Oxide and LyondellBasell (LYB; Rotterdam, the Netherlands) have completed the sale of LYB’s Ethylene Oxide & Derivatives (EO&D) business and associated production facilities located in Bayport, Texas to INEOS. Tobias Hannemann, CEO of INEOS Oxide said, “We are pleased…

Dow, Henkel and Kraton collaborate to lower carbon footprint for adhesive manufacturing

Dow (Midland, Mich.), Henkel Adhesive Technologies (Dusseldorf, Germany), and Kraton Corp. (Houston), have achieved a reduction in product carbon footprint for two of Henkel’s North American flagship products for end-of-line packaging: TECHNOMELT SUPRA 100 and TECHNOMELT SUPRA 106M. TECHNOMELT SUPRA…

Syensqo to open North America’s largest PVDF production plant to serve energy-storage applications

Syensqo broke ground on its future battery-grade polyvinylidene fluoride (PVDF) facility in Augusta, Georgia. They were joined by Tom Perez, Senior Advisor and Assistant to the President and Director of the White House Office of Intergovernmental Affairs, and by Giulia Siccardo, Director…

Linde increases production capacity for industrial gases in Florida

Linde plc (Guildford, U.K.) announced that it has increased the capacity of its production facility in Mims, Florida, in response to growing demand for industrial gases in the region. Linde has expanded production capacity at Mims by 50%, following a…

SK Geo Centric announces development of new lactic-acid production technology

SK Geo Centric has secured a new technology for producing “lactic acid,” the raw material for bio-based plastic PLA (Polylactic Acid), using a sustainable method that minimizes costs and chemical byproducts. The research team from SK Innovation’s Institute of Environmental…

OMV Petrom to trial novel carbon-capture process at Petrobrazi refinery

OMV Petrom S.A. (Bucharest, Romania), the largest integrated energy producer in Southeastern Europe, will test a new carbon capture and utilization technology at the Petrobrazi refinery, starting June. The tests are part of a demonstration campaign carried out in three…