The project will increase the plant’s production capacity for powder coatings by approximately 40%, beginning in the third quarter of 2022
The closing of the transaction is expected to take place in January 2022
Insoluble Sulphur is sold under the brand DIAMOND SULF and is used as vulcanising agent in application
The planned expansion will add 25,000 metric tons of annual capacity
Investment will further expand Clariant’s footprint in China and transform its existing facility in Daya Bay into a truly strategic site by 2023
Croda intends to reinvest proceeds from the transaction into faster growth areas, increasing its exposure to health care and further developing its position as a sustainability leader in consumer care and crop care markets
The company has received a total order of 157,100 KL for supplying ethanol to OMCs
Lauryl alcohol prices have remained stable in past two quarters and LAB price dipped marginally on QoQ basis.
The transaction is expected to close in the first half of 2022, following and conditioned upon the closing of the Company’s previously announced sale of its Epoxy business to Westlake
With this acquisition, Vertellus expands its offering of environmentally friendly ingredients and serves a growing global base of customers in high-growth Specialty, Personal, Home and Health Care markets
Kilburn Chemicals Limited is a manufacturer of pigment Titanium Dioxide (TiO2) at Dahej, Gujarat and had a FY2020-21 turnover of Rs. 102.23 lakhs
With container costs hitting the roof during the pandemic, resilience and multisourcing are driving factors for supply chain
The expansion of the production line in Daesan will help boost its EOA production capacity by an annual 150,000 tons per year
New agreement covers Brazil, Mexico, Paraguay, Uruguay and Bolivia
The state-of-the-art Good Manufacturing Practice (GMP) facility at Gebeng will produce silicone gum blend, silicone antifoam and silicone emulsion for the Asia Pacific and Middle East Africa regions
Concurrent with the acquisition, SEQENS entered a combination with Wavelength Pharmaceuticals, an existing SK Capital portfolio company which is also a global manufacturer and developer of active pharmaceutical ingredients
The agreements comprise commitments by the investors to invest in an up to 20% stake in a portfolio of chemicals projects worth AED 15 billion ($4 billion) within the TA’ZIZ Industrial Chemicals Zone
The post-UV-cured OCA is a proprietary technology MCC has been developing for many years ahead of other companies
Instead of putting too much onus on China plus one model, industry needs to focus on innovating global quality value added products for long-term growth
There has been no gaseous emissions and this incident has not impacted any other plants at the site
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