Kaneka Corp. (Tokyo, Japan) plans to significantly increase production capacity for its biodegradable polymer product, Green Planet, in Japan. Green Planet holds promise as an innovative solution against environmental harm caused by single-use plastics due to its biodegradable characteristics, while…
PPG (Pittsburgh, Pa.) announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The transaction is expected to close in the first quarter of 2022, subject…
The Care Additives business of Eastman Chemical Co. (Kingsport, Tenn.) has announced the completion of a significant expansion of its tertiary amine capacity, primarily DIMLA 1214, at both its Ghent, Belgium, and Pace, Florida, manufacturing sites. The Ghent expansion has…
Borealis Group AG (Vienna, Austria) has received a binding offer from Eurochem Group AG (Zug, Switzerland) for the acquisition of Borealis’ nitrogen business including fertilizer, melamine and technical nitrogen products. The offer values the business on an enterprise value basis…
Linde plc (Guildford, U.K.) announced that it has signed an agreement to supply high-purity industrial gases to a leading semiconductor manufacturer in Singapore. Linde will build, own and operate a state-of-the-art SPECTRA generator to produce ultra-high-purity nitrogen and oxygen for…
Stora Enso Oyj (Helsinki, Finland) is investing €8 million to double its production capacity of formed fiber in Europe. With new machinery in Hylte, Sweden, Stora Enso will meet the increasing demand for formed fiber. The investment further strengthens Stora…
Stamicarbon BV (Sittard, the Netherlands) announced the successful startup of Brunei Fertilizer Industries (BFI)’s new urea melt plant in Brunei. With a nameplate capacity of 3900 metric tons per day (m.t./d), the plant is the largest to be licensed by…
OQ (Muscat, Oman) is utilizing Univation Technologies' UNIPOL PE Process for its two 440,000-ton/yr polyethylene (PE) plants located within the Liwa Plastics Industrial Complex in Sohar, Oman. OQ started up these two world-scale plants with full-density polyethylene product capabilities allowing…
SABIC (Jubail, Saudi Arabia) has signed an agreement to purchase Clariant’s 50% stake in specialties company Scientific Design, currently a 50/50 joint-venture (JV) with SABIC. Subject to regulatory approval, expected in mid-2022, the transaction will give SABIC full ownership of…
Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico) has signed an agreement to acquire Oman-based OCTAL Holding SAOC. This acquisition forward-integrates Alpek into the high-value polyethylene terephthalate (PET) sheet business segment, closes the gap towards achieving its ESG goals,…