Latest News: Business
Sumitomo Chemical builds CO2-to-methanol pilot plant
Sumitomo Chemical Co. (Tokyo, Japan) has completed the construction of a pilot facility to establish a highly efficient process for producing methanol from CO2 at its Ehime Works, located in Niihama City, Ehime Prefecture, Japan, and has commenced operations at…
Evonik to increase production capacities for hydroxyl-terminated polybutadienes
Evonik Industries AG (Essen, Germany) has begun work to expand its POLYVEST HT plant in Marl, Germany. The Coating & Adhesive Resins business line expects the additional production capacity for its hydroxyl-terminated polybutadienes (HTPB) – marketed under the brand name…
Kemira and Royal HaskoningDHV to collaborate on phosphorus recovery technology
Kemira Oyj (Helsinki, Finland) and Royal HaskoningDHV have agreed to further develop Kemira’s ViviMag phosphorus recovery technology by conducting further research including a pilot and demonstration projects in the Netherlands. ViviMag is a patented technology to recover phosphorus and other…
Lhyfe inaugurates one of France’s largest renewable-hydrogen production sites
Lhyfe (Paris) is inaugurating its latest green and renewable hydrogen production site – Lhyfe Bretagne – in Buléon. The site is the first of its kind to be built in Brittany and one of the two largest in France, along…
Evonik takes over ownership of Thai Peroxide Co.
Evonik Industries AG(Essen, Germany) has announced the full takeover of former joint venture Thai Peroxide Co. Ltd. (TPL), located in Saraburi, Thailand. With the acquisition, which closed on 15 December, the global peroxides producer is expanding its offer of specialty-grade…
OMV and Synthos to collaborate on sustainable butadiene production
OMV AG (Vienna, Austria) an Synthos S.A. (Oswiecim, Poland) announced the signing of a Memorandum of Understanding (MoU). Under the MoU, the two companies will cooperate on sustainability, focusing in particular on the supply of sustainable raw materials that can…
Yara to acquire Italian fertilizer company
Yara International ASA (Oslo, Norway) announced that it is acquiring the organic-based fertilizer business of Agribios Italiana, the company’s second bolt-on acquisition supporting its organic strategy in Europe. This signifies Yara’s commitment to further expand its offering in this sector…
Arkema acquires adhesives business in Ireland
Arkema S.A. (Colombes, France) has acquired Arc Building Products in Ireland, a company specialized in construction adhesives and sealants. With this planned acquisition, Arkema will strengthen its position in Ireland’s growing construction adhesives market with a broader range of solutions…
Lanxess completes capacity expansion for sulfur carrier products
Lanxess AG (Cologne, Germany) has completed the expansion of its production capacity for sustainable light-color sulfur carriers by several kilotons. The project, with an investment volume in the double-digit millions, was completed at the Mannheim site in around two years…
Sulzer launches a new technology for lactide production
Sulzer Ltd. (Winterthur, Switzerland) enhances its leadership in biopolymers and circularity with its new process solution – SULAC. The licensed technology completes Sulzer’s portfolio of licensed technologies for the manufacture of polylactic acid (PLA), an eco-friendly bioplastic. SULAC supports the…