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Latest News: Business

Venator to sell titanium oxide manufacturing assets in Greatham, U.K.

Venator Materials PLC (Wynyard, U.K.) has signed an agreement to sell its Greatham, U.K. site and associated titanium dioxide (TiO₂) pigment assets to LB Group Co., Ltd. (LB Group) of Jiaozuo, China – a leading manufacturer of TiO₂ pigments and…

Givaudan inaugurates a new biotechnology center in Toulouse

Givaudan (Zurich, Switzerland) announced the opening of its new White Biotechnology Innovation Centre (BIC) in Toulouse. This state-of-the-art site strengthens Givaudan's capabilities, advancing research and development, and accelerating the creation of high-precision beauty ingredients. Positioned within Givaudan’s biotechnology R&D and…

Nouryon completes metal alkyls capacity expansion in China

Nouryon (Amsterdam, the Netherlands) announced important investments in China to support the country’s increasing demand for high-performance polymers and grow alongside its customers in one of the world’s fastest growing polymer markets. At its site in Jiaxing, Nouryon has completed…

Symrise and Aplantex enter strategic partnership for plant-based raw-material supply

Symrise AG (Holzminden, Germany) and Aplantex Bio (Boucherville, Que., Canada) have agreed on a partnership covering new technologies for accessing plant-based molecules as raw material once the molecules of interest have been developed and produced by Aplantex. "We are intrigued…

Merck KGaA acquiring JSR’s bioprocess materials business

JSR Corp. (Tokyo) announced that it entered into an agreement to transfer its bioprocess materials business to Merck KGaA, Darmstadt, Germany, subject to closing conditions. The proposed transaction is expected to close by the end of the second quarter of…

Repsol achieves mass production of gasoline from 100% renewable sources

Repsol S.A. (Madrid, Spain) announced a new technological milestone by producing gasoline from 100% renewable sources on an industrial scale. This milestone, achieved at its Tarragona complex, positions Spain and the company at the forefront of the energy transition. This…

Chiyoda and Toyota to build water-electrolysis system for low-carbon hydrogen project

Chiyoda Corp. (Yokohama, Japan) announced plans to deliver a water electrolysis system, currently under development by Chiyoda and Toyota Motor Corporation (Toyota), for a low-carbon hydrogen production business being conducted by Toyota Tsusho Corp. (Nagoya City, Japan), Eurus Energy Holdings…

World-scale black pellet plant begins commercial operation in Vietnam

Idemitsu Kosan Co.,Ltd. (Tokyo)  has commenced commercial operation of its newly constructed plant in Gia Lai Province, Vietnam, to produce black pellets (BP), a type of biomass fuel. The plant is Vietnam’s first commercial-scale BP production facility, and with a…

Clariant expands capacity for flame retardants in e-mobility and electronics sectors

Clariant (Muttenz, Switzerland; www.clariant.com) completed its CHF 100 million investment in the Daya Bay facility, with the second production line fully operational in November. This expanded capacity strengthens Clariant's ability to meet growing demand for more sustainable flame-retardant solutions in…

Kraton joins CERISEA Project to develop bio-based molecule for tires, coatings and others

Kraton (The Woodlands, Tex.; www.kraton.com) is proud to join the CERISEA Project, an initiative led by Michelin and its subsidiary to establish a manufacturing facility that will accelerate the development of 5-HMF (5-Hydroxymethylfurfural). Derived from sugar chemistry, 5-HMF is a…