Evonik Industries AG (Essen, Germany; www.evonik.com) has invested in the biotechnology start-up In Ovo through its venture capital unit and now holds a minority stake in the company, based in Leiden, the Netherlands. Co-leading this Series A investment is Singapore-based…
The Lubrizol Corp. (Wickliffe, Ohio) will invest more than $25 million in its Calvert City, Kentucky manufacturing facility, allowing the company to meet increasing customer demand. This investment follows a recent $10 million expansion at the site to further improve…
Air Liquide Canada, a subsidiary of the Air Liquide Group (Paris; www.airliquide.com) officially celebrated the opening of its brand-new carbon dioxide (CO2) recovery plant, located in Aylmer, Ontario, Canada. Following the inauguration of another CO2 recovery plant in Johnstown, Ontario…
Tata Chemicals Ltd. (TCL; Mumbai, India; www.tatachemicals.com) signed a memorandum of understanding (MoU) with CSIR-CECRI (Central Electrochemical Research Institute), Karaikudi, to explore collaborative technology for scaling up the manufacture of cathode materials for lithium-ion batter (LIB) cells. Under this MOU,…
Vertellus LLC (Indianapolis, Ind.; www.vertellus.com) announced that John Van Hulle is assuming the role of Chief Executive Officer (CEO) effective immediately. Mr. Van Hulle brings to Vertellus more than three decades of leadership experience in the specialty chemical and plastics…
To respond to the growing global demand in the valve market, Metso Corp. (Helsinki, Finland; www.metso.com) has decided to invest in a new green-field valve technology center in Jiaxing, China. The new-build plant will strengthen Metso's valve and related products…
In pressure vessel design, use this procedure for determining the individual permissible flange loads for joints between pressure vessel nozzles and connected pipework At the initial design stage of pressure vessels with nozzles that are provided with standard flanges according…
Kolon BASF innoPOM Inc. — the 50:50 joint venture (JV) between Kolon Plastics (Gwacheon, South Korea; www.kolonplastics.com) and BASF SE (Ludwigshafen, Germany; www.basf.com) established in 2016 — today started operations at its new polyoxymethylene (POM) production plant in Gimcheon, Korea.…
Unilever (London; www.unilever.com) and Veolia (Paris; www.veolia.com) announced that they have signed a collaboration agreement to jointly work on emerging technologies that will help create a circular economy on plastics across various geographies, starting in India and Indonesia. According to…
Air Liquide (Paris, France; www.airliquide.com) announced that Air Liquide Advanced Materials Inc. (ALAM) was joined by local officials and members of the community to inaugurate a new specialty-chemical production facility in Upper Mount Bethel, Pennsylvania, on October 19, 2018. This…