In October 2021, Neste Corp. (Espoo, Finland) announced that it had signed an agreement to sell its existing base oils business to Chevron Global Energy Inc., a wholly owned subsidiary of Chevron Corp. (San Ramon, Calif.). The transaction includes the NEXBASE brand, associated qualifications and approvals, and related sales and marketing business. »

Milliken & Co. (Spartanburg, S.C.) announced that it is expanding the facilities and capacity it acquired last March via its purchase of Germany’s Zebra-chem GmbH. Zebra-chem is a specialty compounder and chemicals company that makes additive and blowing agent concentrates for polyolefins, PVC and engineering thermoplastics.  The expansion will enable Milliken to boost production capacity for the acquired Bad Bentheim, Germany plant. »

Baker Hughes (Houston) and Dussur, a firm owned by the Saudi Arabian Public Investment Fund (PIF), Saudi Aramco and SABIC (Saudi Basic Industries Corporation), have signed an agreement to form a joint venture company (JV) focused on providing oilfield and industrial chemicals in The Kingdom of Saudi Arabia (KSA). »
 

Olin Corp. (Calyton, Mo.) and Mitsui & Co., Ltd. (Tokyo) announced a global strategic alliance to better serve customers. The companies have agreed to a memorandum of understanding to establish a joint venture that brings together Mitsui's tglobal logistics, deep supplier and customer relationships, and breadth of product portfolio with Olin's scale, North American export capability, and production. »

Sumitomo Chemical Co. (Tokyo, Japan) will construct a new manufacturing plant for active pharmaceutical ingredients (APIs) and intermediates for small molecule drugs at its Oita Works (Oita City, Oita Prefecture, Japan). This project is to enhance the company’s capacity to supply a variety of APIs and intermediates in response to the increasing demand for small-molecule drugs. »
 

Evonik (Marl, Germany; www.evonik.com) has invested a double-digit million euro sum to increase production capacity for isobutene derivatives at its Marl location. The isobutene part of the C4 production network produces the petrochemical specialties tertiary butanol (TBA), di-isobutene (DiB) and 3,5,5-trimethylhexanal (TMH). The expansion, which was recently completed, increases capacity for isobutene derivatives by more than 50 %. »