Mobile Navigation

Latest News: Business

LyondellBasell selects location for integrated plastics-recycling facility

LyondellBasell Industries  (LYB; Rotterdam, the Netherlands) has secured a location for an integrated plastic-waste recycling hub south of an existing industrial park in Knapsack, Germany, signing a land lease agreement with YNCORIS GmbH & Co. KG. The hub is planned…

DOMO Chemicals opens new polyamide production plant in China

DOMO Chemicals (Leuna, Germany) has inaugurated its newest plant in Haiyan, Jiaxing, Zhejiang, China. This significant milestone reinforces DOMO's determination to meet rising demand in the Chinese market for its TECHNYL polyamide-based intelligent solutions. The €14 million (RMB 100 million)…

Carbios breaks ground on first PET biorecycling plant

Carbios (St-Beauzire, France) held a groundbreaking ceremony for the world's first PET biorecycling plant in the presence of representatives of local authorities, partner brands and industrial partners who all make up Carbios’ ecosystem. Located in Longlaville, in the Grand-Est region…

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…