Mobile Navigation

Latest News: Business

Agilyx and GreenDot enter supply agreement for polystyrene advanced-recycling feedstock

Agilyx ASA (Oslo, Norway) has executed an MOU with DerGrunePunkt, commonly known as GreenDot. Under the collaboration, GreenDot, which processes over 300,000 tons per year of lightweight packaging, would supply waste polystyrene feedstock to Agilyx´ Styrenyx plants for advanced recycling…

Tosoh to construct new chloroprene rubber plant in Japan

Tosoh Corp. (Tokyo) has announced its plan to increase the production capacity of its Skyprene chloroprene rubber (CR). The plan will see the company add a second CR production facility at its Nanyo Complex in Shunan City, Yamaguchi Prefecture to…

Sumitomo Chemical develops new production technology for biomass-based liquid-crystal polymer

Sumitomo Chemical Co. (Tokyo, Japan) has successfully established a mass production technology for liquid crystal polymer (LCP) using a monomer derived from biomass-based materials. As a global leader in the LCP market, the Company will accelerate the development of a…

Zeon completes new research facility for bio-based butadiene and isoprene

Zeon Corp. (Tokyo) has constructed a new research facility on the premises of Zeon Chemicals Yonezawa Co., Ltd. in Japan to develop production processes for plant‐derived raw materials. This facility will accelerate the development of biotechnology to produce butadiene and…

Honeywell completes Sundyne acquisition

Honeywell International, Inc. (Charlotte, N.C.) announced the completion of its acquisition of Sundyne (Arvada, Colo.) from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. The acquisition of Sundyne—a leader in the design, manufacturing, and aftermarket support…

Toray begins operations at water technology center in Saudi Arabia

Toray Industries, Inc. (Tokyo) announced that Toray Membrane Middle East LLC (TMME) began operations at its Middle East Water Treatment Technical Center (MEWTEC) in Dammam, Saudi Arabia, in April. The new facility provides integrated technology services, covering everything from membranes…

Kemira to expand production capacity for sodium borohydride

Kemira Oyj (Helsinki, Finland) has made an investment decision to expand the sodium borohydride (SBH) powder production capacity at its Äetsä site in Finland. The scope of this investment includes a new production line and some additional process safety improvements…

INEOS begins plastic production using recycled feedstock in France

INEOS Ltd. (London, U.K.) announced that INEOS Olefins & Polymers in Lavera, Southern France, has received the first deliveries of feedstock made from recycling plastic waste. This product, called pyrolysis oil, will be used to manufacture recycled polymers, helping its…

BASF starts up world-scale hexamethylenediamine plant in France

BASF SE (Ludwigshafen, Germany) has announced the successful startup of its new world-scale hexamethylenediamine (HMD) plant in Chalampé, France, construction of which began in 2022. The plant increases BASF’s HMD production capacity to 260,000 metric tons per year (m.t./yr). “This…

Jinggong Group and Yokogawa sign strategic partnership for manufacturing optimization, energy management and others

Jinggong Holding Group Co., Ltd. (Shaoxing, China; www.jsjggj.com), a Chinese industrial conglomerate, and Yokogawa Electric Corporation (Tokyo, Japan, www.yokogawa.com), a leader in industrial control and automation, announce that they have signed a strategic partnership agreement to explore the possibility of…