Chemical | 14 January 2016
Evonik expands venture capital activities into Asia
Evonik is investing in Chinese venture capital fund GRC SinoGreen Fund III
Evonik is investing in Chinese venture capital fund GRC SinoGreen Fund III
Second production line taken into operation in Gastonia, North Carolina, plant, doubling production capacity
The acquisition of Filtra is expected to complement Dorf Ketal’s process chemical solutions which are mainly targeted at the crude oil refining and petrochemical industries.
Basotect B offers attractive design possibilities thanks to its white color and the various options for shaping it.
Partnership will promote employee engagement and hands-on learning experiences for students
The transaction is expected to close during the first half year of 2015 after the required approvals have been received. The parties have agreed to keep the purchase price confidential.
Carbon-fiber material system based on reactive polyamide developed
The group’s profitability was further enhanced by a 9% weaker average rand/US dollar exchange rate (R10,99/US$ for the six months ended 31 December 2014 compared with R10,08/US$ in the prior period). This benefit was partially offset by a 19% decline
Manufacturing sites to be closed by year-end 2015, all of which are leased, include Cartersville, Georgia; East St. Louis, Illinois; and King of Prussia, Pennsylvania in the U.S., in addition to Hainhausen, Germany. Products produced by these facilit
The new alkoxylation facility in Ningbo will allow us to better serve our customers in the region, which is one of our top priorities.
BASF TODA Battery Materials was established with 66% equity from BASF Japan Ltd. and 34% from TODA KOGYO CORP.
Sumitomo Chemical announced that McLaughlin Gormley King Company (MGK) has become a consolidated subsidiary of Sumitomo Chemical, which acquired a majority stake in MGK.
Chemical maker BASF recently opened a state-of-the-art production site for customer specific antioxidant blends (CSB) in Bahrain. This is the largest facility of this kind worldwide and will become fully operational in December.
BASF and Ciech today announced the acquisition of parts of Ciech’s global TDI (toluene diisocyanate) business by BASF. The acquisition is subject to approval by the appropriate antitrust authorities. Closing of the transaction is expected in th
Solvay and Russian petrochemical company SIBUR have signed an agreement to establish Ruspav, a 50/50 joint venture for the production of surfactants and oilfield process chemicals in Dzerzhinsk, Russia. The agreement was signed in presence of the Min
In the face of escalating input costs, stiffer competition, and a struggling global economy, chemical industry executives say they will use the significant cash on their balance sheets to pursue strategic acquisitions and new product development to s
Agro chemical producer manufacturer United Phosphorus registered 10 per cent increase in its consolidated net profit at Rs 202.91 crore for the quarter ended June 30 on the back of higher sales. The company had posted a net profit of Rs 184.31 crore
Afton Chemical Corporation announces the construction of a new chemical additive manufacturing facility on Jurong Island, Singapore. The multi-year investment will be fully owned and operated by Afton, emphasizing the company\'s strong commitment to
The Dyestuffs Manufacturers Association of India (DMAI) has sought the intervention of the finance ministry on the final findings issues by the Designated Authority of Directorate General of Anti Dumping & Allied Duties (DGAD) in the matter concernin
The Indian Chemical Council (ICC) has requested the Department of Revenue in the Ministry of Finance to exempt levy of service tax on membership fees and other charges collected by clubs or associations representing any trade or industry.
Subscribe to our newsletter & stay updated.
