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Latest News: Business

Merck to construct membrane production plant in Wisconsin

Merck KGaA (Darmstadt, Germany) announced that its Life Science business sector has been awarded a €121 million contract award for the construction of a lateral flow membrane production facility over a three-year period at the company’s U.S. site in Sheboygan, Wisconsin.…

Invista Textiles licenses nylon 6,6 polymerization technology to China Resources Holdings

INVISTA Textiles (U.K.) Ltd. and China Resources Yantai Nylon Co., a subsidiary of China Resources Holdings, held a ceremony commemorating the signing of an agreement for the licensing of INVISTA’s nylon 6,6 polymerization technology. With INVISTA’s leading expertise in nylon…

Kolon Industries and SK Geo Centric collaborate on production of biodegradable PBAT plastic

In collaboration with Kolon Industries, SK Geo Centric (SKGC), a subsidiary of SK Innovation (all Seoul, South Korea), announced that it is going to commercialize and launch the manufacture of polybuthylene Adipate-co-Terephthalate (PBAT), an eco-friendly biodegradable plastic material. PBAT is…

Yokogawa invests in glycan-production firm GlyTech

Yokogawa Electric Corp. (Tokyo) has invested in GlyTech, Inc. (Kyoto, Japan), a company with leading-edge technologies in the synthesis of glycans, which influence cell metabolism and functional changes. The companies will partner with the aim of establishing biosynthesis processes that…

Hexion to expand epichlorohydrin production capacity in the Netherlands

Hexion Corp. (Columbus, Ohio) announced plans to expand production of epichlorohydrin (ECH) at its Pernis, the Netherlands, manufacturing site, while also leveraging more sustainable technologies when completed.     As part of Hexion’s Coating and Composites business unit’s broader investment…

KBR awarded green-hydrogen study in Trinidad and Tobago

KBR, Inc. (Houston) announced that it has been awarded a study to help establish a green hydrogen market in Trinidad and Tobago as part of an ongoing technical cooperation financed by the Inter-American Development Bank (IDB). Under the terms of…

McPhy to provide 100-MW electrolysis plant for Portugal’s GreenH2Atlantic project

McPhy Energy S.A. (La Motte Fanjas, France) has been selected as preferred supplier to equip the GreenH2Atlantic project in Sines, Portugal with a 100-MW electrolysis plant. Heads of terms have been negotiated and supply agreement expected to be finalized during…

Clariant begins construction of flame retardants production facility in China

Specialty chemical company Clariant (Muttenz, Switzerland; www.clariant.com) today announced that it will construct its first Chinese production facility for its successful Exolit OP flame retardants at its existing site in Daya Bay, Huizhou, Guangdong Province. By establishing local production capacity,…

Cummins and Sinopec launch JV to produce ‘green’ hydrogen technologies in China

Cummins Inc. (Indianapolis, Ind.) and China Petrochemical Corp. (Sinopec Group) announced the formation of a 50:50 joint venture (JV) — Cummins Enze (Guangdong) Hydrogen Technology Co., Ltd (Cummins Enze). The JV will accelerate the affordability and availability of green hydrogen…

Perstorp expands capacity for trimethylolpropane (TMP)

Perstorp (Malmö, Sweden; www.perstorp.com), the leading producer of trimethylolpropane (TMP), has ramped up the capacity to meet growing demand from the European market. TMP is used to enhance the properties of numerous materials. Common applications include the use in saturated…