Latest News: Business
GEL achieves lithium carbonate purity milestone at U.K.’s United Downs site
Geothermal Engineering Ltd (GEL; Redruth, Cornwall, U.K.) has announced a major technological milestone in the production of lithium onshore in the U.K. In a European first, independent analysis has shown that GEL's lithium carbonate produced from deep geothermal brine now…
Solvay to expand electronic-grade hydrogen peroxide capacity in Taiwan
Solvay S.A. (Brussels, Belgium) announced an expansion of its electronic grade hydrogen peroxide production capacity in Taiwan through its joint venture, Shinsol Advanced Chemicals. The expansion will more than double annual production capacity by the end of 2026. The announcement…
Syensqo to invest in new aromatic polymer compounding line in India
Syensqo S.A. (Brussels, Belgium) is investing in a new compounding line for high-performance aromatic polymers at its Panoli site in India, strengthening its ability to serve customers in one of the world's fastest-growing automotive markets. Planned to be operational by…
Trelleborg makes two acquisitions, adding rubber business in Germany and gasket specialist in Washington
Trelleborg AB (Trelleborg, Sweden) has signed agreements to acquire two companies in separate transactions: M+R Dichtungstechnik GmbH (Seligenstadt, Germany), a manufacturer of customized rubber profiles and molded components for the construction and renewable energy industries, through its Trelleborg Industrial Solutions…
High-permeance alumina technology improves ceramic membrane performance
Sumitomo Chemical Co., Ltd. (Tokyo, Japan) has developed a technology that improves permeance while maintaining separation performance in ceramic separation membranes (microfiltration membranes). The technology uses the company's high-performance alumina developed for separation membranes to increase the density of through-pores…
BASF inaugurates modernized acid chlorides and chloroformates plant at Ludwigshafen
BASF SE (Ludwigshafen, Germany) today officially inaugurated its fully modernized plant for the production of acid chlorides and chloroformates (ACCF) at the Ludwigshafen Verbund site. The new production asset represents a milestone for BASF's Intermediates division, designed to combine increased…
Sika closes acquisition of Turkish adhesives and sealants manufacturer Akkim
Sika AG (Baar, Switzerland) has closed the acquisition of Akkim Construction Chemicals Inc. (Hadımköy, Istanbul, Turkey), a leading global manufacturer of adhesives and sealants. The acquisition further strengthens Sika's position in the adhesives and sealants industry and creates substantial growth…
Celanese sells additional Nutrinova stake to Mitsui for $152 million; Mitsui integrates upstream production
Celanese Corporation (Dallas, Texas) has signed a definitive agreement to sell an additional 19% stake in Nutrinova Netherlands B.V. (Amsterdam, the Netherlands), its food ingredients joint venture, to Mitsui & Co., Ltd. (Chiyoda-ku, Tokyo, Japan) for approximately $152 million in…
KBR selected to provide FEED services for Live Oak e-methane production project in Nebraska
KBR, Inc. (Houston, Texas)announced it has been selected by the Live Oak consortium to provide front-end engineering design (FEED) services for the proposed Live Oak project in Norfolk, Nebraska. The Live Oak consortium is an international partnership comprising TotalEnergies SE…
AkzoNobel inaugurates €7.5-million powder coatings innovation lab in the Netherlands
Akzo Nobel N.V. (Amsterdam, the Netherlands) has inaugurated a new €7.5 million innovation lab at its Sassenheim site in the Netherlands, strengthening the company's largest global R&D center. Officially opened by Dutch Minister of Climate and Green Growth Stientje van…