Mobile Navigation

Latest News: Business

Mitsui Chemicals to construct new XDI production plant

Mitsui Chemicals, Inc. (Tokyo) announced that itwill increase production capacity at the meta-Xylylene Diisocyanate (XDI) plant within its Omuta Works in response to growing demand for hardeners used in hardly yellowing coatings. This would raise the expansion of domestic production…

AkzoNobel completes powder-coatings capacity expansion in Vietnam

AkzoNobel N.V. (Amsterdam, the Netherlands) announced that a major investment project has been completed at the company’s production plant in Bac Ninh province near Hanoi in Vietnam, which will help to strengthen the company’s position in Asia and sharpen its…

Evonik sells superabsorbents business to ICIG

Evonik Industries AG (Essen, Germany) is selling its superabsorbents business to the International Chemical Investors Group (ICIG).  The purchase price (enterprise value) is in the low triple-digit million euro range. The agreement also includes the assumption of pension obligations by…

UBE Corp. to build integrated DMC/EMC plant in Louisiana

UBE Corp. (Tokyo) announced that the company’s Board of Directors resolved to construct a dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant in the U.S. It also decided to increase capital in UBE C1 Chemicals America, Inc. (UCCA), a…

Arlanxeo to construct a new plant for hydrogenated nitrile butadiene rubber in China

Arlanxeo (Maastricht, the Netherlands) announced the planned construction of a hydrogenated nitrile butadiene rubber (HNBR) plant in Changzhou, China. With a nameplate annual production capacity of 5,000 tons, the first phase of construction will allow for the production of 2,500…

Henkel to construct new innovation and technology center for Adhesive Technologies in Brazil

Henkel AG (Düsseldorf, Germany) has announced the construction of its first integrated innovation and technology center in Latin America, located in Jundiaí, Sao Paulo. The new center aims to create a collaborative ecosystem for developing innovations and solutions for the…

AkzoNobel opens new paints and coatings plant in Pakistan

AkzoNobel N.V. (Amsterdam, the Netherlands) has opened a new €26-million manufacturing plant in Faisalabad – the company’s largest investment in Pakistan to date. The 25-acre site, which has facilities for making decorative paint, wood finishes, automotive and specialty coatings, coil…

Metso installs scrubber pilot plant in Frankfurt

Metso Corp. (Espoo, Finland) has installed a fully automated multi-purpose scrubber pilot plant at its R&D center in Frankfurt, Germany. The new plant will be used for developing and optimizing gas cleaning processes. The first focus will be on the…

Stamicarbon awarded for a new urea melt and granulation plant in Egypt

MAIRE (Milan, Italy) announced that NEXTCHEM (Sustainable Technology Solutions), through its nitrogen technology licensor Stamicarbon, has been awarded a licensing and equipment supply contract for a state-of-the-art urea melt and granulation plant in Egypt for El-Nasr Company for Intermediate Chemicals…

LyondellBasell’s joint Source One Plastics recycling facility starts up in Germany

LyondellBasell Industries N.V. (Rotterdam, the Netherlands) announced that Source One Plastics, a joint venture between 23 Oaks Investments and LyondellBasell, has successfully started up its plastic waste sorting and recycling facility in Eicklingen, Germany. The new unit processes difficult to…