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Latest News: Business

Polyscope Polymers completes integration of SMA business

Polyscope Polymers B.V. (Geleen, the Netherlands; www.polyscope.eu) has completed the business integration of the global styrene maleic anhydride (SMA) copolymers business from Cray Valley S.A., Cray Valley HSC Asia Ltd, Cray Valley (Guangzhou) Chemical Co. Ltd. and Total Petrochemicals &…

Total Starts Up its Second Solar Power Plant in Japan

Total S.A. (Paris, France; www.total.com) has started up commercial operation of a 25-MW (peak) solar power plant in Miyako, in Iwate Prefecture on Japan’s Honshu Island. Completed two years after the beginning of construction, the plant will generate enough clean…

Siemens to supply compressors to gas plants in Delaware Basin

Siemens AG (Munich, Germany; www.siemens.com) was recently awarded a contract to provide three residue compression trains for two, 250-million (500 million total) standard cubic feet per day (MMSCFD) cryogenic gas plants in the Delaware Basin. The customer, a key producer…

Polytek expands epoxy production at Indiana facility

Polytek Development Corp. (Easton, Pa.; www.polytek.com), a manufacturer of specialty polymers for mold making and casting applications, has announced the expansion of epoxy production capabilities at its Midwest location. Following the March 2019 acquisition of BCC Products, Inc. ("BCC"), Polytek…

DeLille Oxygen leases two eCOs units for onsite CO production

DeLille Oxygen Co. (Columbus, Ohio; www.columbusspecialtygases.com) moves beyond tube trailer or cylinder supply of carbon monoxide (CO). The specialty gas company has chosen Haldor Topsoe A/S’s (Lyngby, Denmark; www.topsoe.com) eCOs solution for cost-competitive onsite production of ultra-high-purity CO for a…

Umicore and Glencore develop partnership for sustainable cobalt supply in battery materials

Umicore N.V. (Brussels, Belgium; www.umicore.com) and Glencore plc (Baar, Switzerland; www.glencore.com) announce today that they have entered into a long-term revolving agreement for the supply of cobalt hydroxide (cobalt) to Umicore’s battery materials value chain. The cobalt will be sourced…

Dow now distributing polyols and isocyanates through Univar

Dow selects Univar Solutions as a key channel to market for polyurethanes in North AmericaDow approves Univar Solutions to carry range of polyols and isocyanates in U.S. and CanadaDow (Midland, Mich.; www.dow.com) and Univar Inc. (Downer's Grove, Ill.; www.univar.com) today…

Endress+Hauser invests in sensor technology

Innovative Sensor Technology IST AG (Ebnat-Kappel, Switzerland; www.ist-ag.com), part of the Endress+Hauser Group (Reinach BL, Switzerland; www.endress.com), continues its growth path. On 24 May 2019, the sensor specialist officially opened an expansion of its plant in Ebnat-Kappel in eastern Switzerland.…

BASF invests in Longwater Advanced Materials Fund

BASF Venture Capital GmbH (Ludwigshafen, Germany; www.basf.com) is investing in the Longwater Advanced Materials Fund. This private equity fund is managed by Longwater Investment (Shanghai, China; www.longwatercap.com), a pioneer growth capital investor in advanced materials and chemistry-related technologies. BASF Venture…

ÅF Pöyry awarded pre-engineering assignments for Metsä Fibre investments

  Metsä Fibre, part of Metsä Group, has awarded ÅF Pöyry (Helsinki, Finland; www.poyry.com) with the pre-engineering assignment for new bioproduct mill, Kemi. The target for the ongoing pre-engineering project is to create conditions for building a bioproduct mill with…