Latest News: Business
Ineos Inovyn sells its chlor-alkali business in Italy to Esseco Industrial
Ineos Inovyn (London, U.K.) has signed an agreement for the sale of its shares in INOVYN Produzione Italia SpA, which operates the Rosignano and Tavazzano sites in Italy, to Esseco Industrial. The Rosignano and Tavazzano sites in Italy produce essential…
DuPont opens flexographic solutions technology center in Delaware
DuPont (Wilmington, Del.) announced that DuPont™ Cyrel® Flexographic Solutions, one of the world’s leading flexographic platemaking systems providers, opened its state-of the-art Customer Technology Center (CTC) at the DuPont Experimental Station in Wilmington. The new site reflects the Cyrel® business’…
BASF expands production capacities for plastic additives in China
BASF SE (Ludwigshafen, Germany) is strengthening its leadership in plastic additive solutions by expanding its production capacities for both standard and NOR HALS plastics additives products. These investments support the growing global demand for high-performance plastics and ensure reliable supply…
Evonik inaugurates specialty-amine plant expansion in Nanjing
Evonik Industries AG (Essen, Germany) has officially inaugurated the expansion of its specialty amine production facility in Nanjing on April 21, 2026. This double‑digit‑million‑euro investment significantly strengthens the company’s capability to supply innovative amine‑based additives for polyurethane and epoxy applications,…
Elkem sells Québec-based biocarbon business to CHAR Tech
Elkem ASA (Oslo, Norway) announced the agreement to sell its biocarbon business in Saguenay, Québec in Canada, including the physical pilot and demonstration production facility, and proprietary technology, to CHAR Technologies Ltd. (CHAR Tech). As part of the agreement, CHAR…
thyssenkrupp Uhde awarded fertilizer-plant expansion contract in Brunei
Thyssenkrupp Uhde GmbH (Dortmund, Germany) has been selected by Brunei Fertilizer Industries Sdn Bhd (BFI) to execute the Front End Engineering Design (FEED) for the expansion of BFI’s ammonia handling and export infrastructure. The project comprises the design of a…
Hazer and KBR move forward on commercialization of methane-pyrolysis hydrogen technology
Hazer Group Ltd. (Perth, Australia) announced the completion of a comprehensive Process Design Package (PDP) for the Hazer® Process, developed in close collaboration with KBR, Inc, (Houston). Hazer CEO Glenn Corrie said: “Completing the PDP marks a major milestone for…
Ingevity sells Ozark Materials business to PPG
Ingevity Corp. (North Charleston, S.C.) announced that it has signed a definitive agreement and has successfully closed on the sale of its Ozark Materials road markings business to PPG (Pittsburgh, Pa.). The all-cash transaction results in proceeds to Ingevity of…
AkzoNobel sells its business in Pakistan for approximately €50 million
AkzoNobel N.V. (Amsterdam, the Netherlands) has signed an agreement to sell Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, which is part of the Packages Group, one of Pakistan’s most diversified conglomerates. The transaction is based on a total…
OPSWAT and Emerson announce reseller agreement for cybersecurity technologies
OPSWAT Inc. (Tampa, Fla.; www.opswat.com) global leader in critical infrastructure cybersecurity, and Emerson (St. Louis, Mo.; www.emerson.com), a global automation leader, today announced a global strategic reseller agreement that will bring OPSWAT’s industry-proven cybersecurity technologies to Emerson’s power and water industry…