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Latest News: Business

BASF expands dispersions production capacity in Durban, South Africa

BASF SE (Ludwigshafen, Germany) has expanded production capacity for dispersions at its site in Durban, South Africa, strengthening the company’s ability to supply customers with high-quality dispersions used in architectural coatings, construction materials and the paper industry. The significant capacity…

Lonza to divest Capsules & Health Ingredients business

Lonza AG (Basel, Switzerland) has entered into a definitive agreement to divest its Capsules & Health Ingredients (CHI) business to Lone Star Funds (“Lone Star”) for an enterprise value of CHF 2.3 billion (USD 3 billion). Lonza will realize upfront…

BASF sells selected hydrosulfite-related assets to Silox

BASF SE (Ludwigshafen, Germany) and Silox s.a. (Engis, Belgium) have entered into a definitive agreement under which Silox acquires selected hydrosulfite-related assets from BASF. The transaction comprises specific assets, including intellectual property rights, special containers, selected production equipment, technical expertise,…

enfinium expands advanced visual AI across its waste-to-energy facilities

enfinium (London, U.K.; www.enfinium.co.uk), a leading UK energy-from-waste (EfW) operator, today announces the expansion of advanced visual artificial intelligence (AI) technology across all operational facilities. Supplied by German software specialist Wasteer GmbH (Berlin, Germany; www.wasteer.com) the system uses cutting-edge analytics to…

Syensqo awarded contract from Boeing for advanced materials

Syensqo (Brussels, Belgium; www.syensqo.com) has been awarded a new multi-year contract by Boeing (Arlington, Va.; www.boeing.com)  to continue providing advanced material solutions supporting Boeing commercial and defense programs. As Syensqo’s largest end market, representing approximately 20% of its net sales,…

DEScycle and Mitsubishi Corp. form partnership on e-waste metal in Japan

DEScycle (London, U.K.; www.descycle.com), a developer of next-generation metals-processing infrastructure, has entered into a strategic partnership with Mitsubishi Corporation (Tokyo, Japan; www.mitsubishicorp.com), a global integrated business enterprise.  The agreement represents the next phase of engagement between the two companies following…

Lubrizol announces advancement in CPVC manufacturing with LED chlorination

Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) announced a major advancement in its chlorinated polyvinylchloride (CPVC) manufacturing with the introduction of LED reactor technology at the company’s Louisville, Ky. plant. This next‑generation manufacturing approach delivers improvement in CPVC resin quality and processing…

Maire awarded contracts for development of urea production and ammonia-methanol co-production complexes

MAIRE (Milan, Italy; www.groupmaire.com) announced that NEXTCHEM, through its subsidiaries Stamicarbon and KT Tech, has been awarded licensing, process design package (PDP) and critical equipment supply contracts for the development of three world-scale complexes, two of them dedicated to urea…

KBR awarded catalyst-supply contract by Indorama for ammonia assets

KBR (Houston, Tex.; www.kbr.com) announced today it has been awarded a 10-year catalyst supply contract by Indorama Eleme Fertilizer & Chemicals FZE (Port Harcourt, Nigeria; www.indoramafertilizers.com) for its entire ammonia plant portfolio. This marks the first long‑term catalyst agreement for…

thyssenkrupp Uhde awarded contract for biomass-to-methanol technology integration study in Nova Scotia

thyssenkrupp Uhde (Dortmund, Germany; www.thyssenkrupp-uhde.com) has been awarded a contract by Halifax-based Nova Sustainable Fuels (NSF; www.novasustainablefuels.com) to perform an integration and optimization study for NSF’s biomass-to-methanol project in Nova Scotia, Canada. This study will quantify the value of thyssenkrupp…