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Carlyle to acquire majority stake in BASF Coatings business
BASF SE (Ludwigshafen, Germany) and funds managed by global investment firm Carlyle, in partnership with Qatar Investment Authority (QIA), have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (BASF Coatings).…
Clariant unveils new titanium-based catalysts for improved PET recycling
Clariant AG (Muttenz, Switzerland; www.clariant.com) presented its new AddWorks titanium-based catalyst solutions for polyester polymerization at K 2025, the world's premier trade fair for plastics and rubber. Set to launch in 2026, this technology offers a more sustainable and high-performance…
2025 Nobel Prize in Chemistry goes to pioneers of metal-organic frameworks
The Royal Swedish Academy of Sciences (www.nobelprize.org) have awarded to the 2025 Nobel Prize in Chemistry to Susumu Kitagawa, Richard Robson and Omar Yaghi for developing a new form of molecular architecture. In their constructions, metal ions function as cornerstones that are linked…
Evonik and Schneider Electric partner to advance automation in thermoplastic recycling
Schneider Electric (Rueil-Malmaison, France; www.se.com) and Evonik (Essen, Germany; www.evonik.com) have partnered to automate a thermoplastic processing plant at Evonik’s Essen Goldschmidt site in Germany. This initiative was officially launched during the K Show trade fair in Düsseldorf, Germany, an…
Center of excellence focused on water and artificial intelligence launched
The Water Environment Federation (WEF; Alexandria, Va.; www.wef.org), Amazon.com, Inc. (www.amazon.com), The Water Center at the University of Pennsylvania (WCP; Philadelphia, Pa.; watercenter.sas.upenn.edu), and The Leading Utilities of the World (Leading Utilities) jointly announced today the creation of the Water-AI NexusTM Center of…
Clean Energy Technologies to serve as EPC contractor for multiple battery energy storage projects in New York
Clean Energy Technologies, Inc. (CETY; Irvine, Calif.; www.cetyinc.com), a clean energy technology company delivering scalable solutions and technologies in power generation, storage, waste-to-energy, and heat-to-power, announced today that it has entered into a letter of intent (LOI) with Lease Advisory…
Songwon announces investment to establish production facility for polymer additives in Saudi Arabia
Songwon Industrial Co., Ltd., (Ulsan, South Korea; www.songwon.com) one of the world’s largest manufacturers of polymer stabilizers, has announced a major new investment to establish a state-of-the-art OPS (one-pack systems) production facility in the Kingdom of Saudi Arabia (KSA). This…
Peroxidos do Brasil to supply hydrogen peroxide to pulp mill in Brazil
Peróxidos do Brasil (www.peroxidos.com.br) announced the construction of a new myH₂O₂ satellite hydrogen peroxide plant in Inocência, Brazil, to supply Arauco’s Sucuriú project — a transformative pulp mill development and the company’s largest global investment to date. Hydrogen peroxide is…
Plastic Energy commercializes lower-CO2 carbon black
Plastic Energy Ltd. (London, U.K.; www.plasticenergy.com), a global leader in chemical recycling, is believed to be the first plastic chemical recycling company to commercialize ‘char,’ a byproduct of its TAC™ chemical recycling process, under the name TACFILLER. The breakthrough product…
Cabot Corp. enhances manufacturing capabilities for circular reinforcing carbons
Cabot Corporation (Boston, Mass.; www.cabotcorp.com) today announced that it has enhanced its manufacturing capabilities in North America for circular reinforcing carbons powered by its EVOLVE® Sustainable Solutions technology platform. With this milestone, Cabot's site in Ville Platte, Louisiana, USA joins…