Latest News: Business
ATP Adhesive Systems opens new manufacturing facility in South Carolina
ATP Adhesive Systems, a Henkel company (Düsseldorf, Germany; www.henkel.com), today officially opened its new manufacturing facility in West Columbia, South Carolina, marking a significant milestone in the company's continued expansion in North America. The new facility measures 127,000 square feet…
Mitsubishi Gas Chemical Co. to expand production of BT thermoset resin in Thailand
Mitsubishi Gas Chemical Company, Inc. (MGC; Chiyoda-ku, Tokyo, Japan; www.mgc.co.jp) announced its decision to expand the manufacturing and product inspection facilities at MGC Electrotechno (Thailand) Co., Ltd. (MGC-ETT; located in WHA Eastern Seaboard Industrial Estate, Rayong Province, Kingdom of Thailand),…
BASF shifting polyisobutene portfolio in Europe to run entirely on renewable electricity
BASF (Ludwigshafen, Germany; www.basf.com) is shifting its eligible polyisobutene (PIB) portfolio produced in Europe for external customers to run entirely on renewable electricity. The full transition of eligible Oppanol® B and Glissopal® to 100 percent renewable electricity will be completed from January…
Maire Nextchem to acquire a metals and chemicals processing technology business from Metso
MAIRE S.p.A.(Milan, Italy; www.groupmaire.com) announces that its sustainable technology subsidiary Nextchem (www.nextchem.com) has entered into a binding agreement to acquire from Metso Corporation (Espoo, Finland; www.metso.com) a metals and chemicals processing technology business, including the fluidized-bed roasting, and metallurgical off-gas…
thyssenkrupp nucera commissions chlor-alkali plant for Kutch Chemical in India
thyssenkrupp nucera (Dortmund, Germany; www.thyssenkrupp-nucera.com) has successfully commissioned a major chlor-alkali plant for Kutch Chemical Industries Limited in Padana, Gujarat, India. The plant has an annual production capacity of 220,000 metric tons of caustic soda (NaOH). With a production capacity…
PeroCycle announces MoU to develop CO2-to-CO pilot reactor in U.K.
University of Birmingham (www.birmingham.ac.uk) spin-out PeroCycle Ltd. (Cambridge, U.K.; www.perocycle.com) has announced a memorandum of understanding (MoU) with Glass Futures Ltd to develop a scaling platform for technology that could cut carbon emissions from foundational industries, including steelmaking, by up…
Mitsui Chemicals to acquire JSR Corp. for $11.6 billion
Mitsui Chemicals, Inc. (Tokyo) has signed an agreement to acquire JSR Corp. (Tokyo), a developer and manufacturer of semiconductor materials including photoresists, from investment funds managed by JIC Capital, Ltd. (Tokyo). The transaction, valued at ¥1.84 trillion ($11.6 billion) including…
Dsm-firmenich ramps up production at new hydrogenated rosin resin unit
dsm-firmenich AG (Kaiseraugst, Switzerland) announced the ramp-up of production of a brand-new unit at its site in Vielle-Saint-Girons, southwestern France. Commissioned during the first half of 2026, this new facility manufactures DRT Industry Ingredients hydrogenated bio-based resins and derivatives for…
Evonik Oxeno deploys AI-based process models in live plant operations
Evonik Industries AG (Essen, Germany) announced that Evonik Oxeno GmbH & Co. KG (Marl, Germany) has introduced AI-based process models into live plant operations for the first time, achieving higher energy efficiency and lower CO₂ emissions. In addition, decisions can…
Sonatrach and World Bank Group sign MOU to advance climate initiatives in Africa
Sonatrach S.p.A. (Algiers, Algeria), the International Bank for Reconstruction and Development (IBRD; Washington, D.C.) and the International Finance Corporation (IFC; Washington, D.C.), both members of the World Bank Group (Washington, D.C.), have signed a memorandum of understanding (MOU). The MOU…