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Digitization
Digitization | 01 September 2020

Polymer additive startup, MITO Material raises $1 million

MITO Materials will use funding to stay on the cutting edge as they enter the market with new innovations and continue with their mission to empower a new era of advanced manufacturing where products are expected to be built better and last longer.

Chemical
Chemical | 01 September 2020

Veolia offers to acquire 29% stake in Suez

This opportunity will enable Veolia to build the French world champion in ecological transformation, while accelerating international development and strengthening the new entity’s capacity for innovation.

Chemical
Chemical | 01 September 2020

Showa Denko commences processing of waste plastics at kawasaki plant

The plant will gasify used plastics under high temperature, and decompose them to the level of molecules. Then gasified plastics are converted into hydrogen (low-carbon hydrogen) and carbon dioxide.

Digitization
Digitization | 01 September 2020

L&T completes divestment of Electrical & Automation business to Schneider Electric

As part of the deal, L&T’s E&A business of low and medium voltage switchgear, electrical systems, industrial and building automation solutions, energy management systems, metering solutions and projects and services business are transferred to Schneider Electric.

Chemical
Chemical | 01 September 2020

IMCD acquires South Africa-based specialty chemical distributor

The closing of the transaction is subject to customary regulatory review and is expected in December 2020.

Chemical
Chemical | 31 August 2020

Lanxess, Huni to jointly commercialize modular plant concept for leather chemicals

In this partnership, Lanxess and Hüni will elaborate the individual concepts for initial customers, with Hüni focusing primarily on plant engineering and construction of the modules, while Lanxess will contribute its chemical process engineering and application expertise to the X-Biomer production.

People
People | 31 August 2020

Botanical Solution appoints Marcus Meadows-Smith to their Board

Bio-Ag industry pioneer and business leader Meadows-Smith to help guide BSI’s growth strategy in the agricultural biopesticide and pharmaceutical vaccine adjuvant markets

Chemical
Chemical | 31 August 2020

Huntsman sells remaining stake in Venator for $100 million

The transaction is subject to regulatory approvals and is expected to close near year-end.

Chemical
Chemical | 31 August 2020

Orocobre, PPES signs MoU for supply of lithium carbonite

As per the deal, Orocobre will PPES up to 30,000 tonnes of lithium carbonate equivalent (LCE) per year by 2025 with initial deliveries commencing from 2021.

Battery
Battery | 31 August 2020

SK Innovation loses battery lawsuit against LG Chem

The Seoul Central District Court dismissed SK Innovation’s request for withdrawal of the lawsuit as well as its request for damages.

Chemical
Chemical | 31 August 2020

SRF to raise Rs. 1000 crore via QIP and NCDs

The company intends to raise Rs. 750 crore via QIP and Rs. 250 crore via non-convertible debentures.

Chemical
Chemical | 31 August 2020

GNFC quarterly profit drops sharply due to Covid-19 pandemic

Company's sales in Q1FY21 stood at Rs. 700.23 crore, which declined by 42.13% .

Chemical
Chemical | 31 August 2020

DKSH, ddchem signs distribution agreement for Nordic and Baltic region

Under the agreement, DKSH will provide marketing and sales, inventory, business development as well as distribution and logistics for ddchem.

Chemical
Chemical | 31 August 2020

Borealis completes acquisition of South Korean compounder DYM Solution

With the acquisition, Borealis will broaden its extensive and sophisticated portfolio, with complementary products and technologies for semi-conductive, flame retardant, rubber and silane cross-linkable compounds.

Chemical
Chemical | 31 August 2020

Sudarshan Chemical' Rs. 345 Cr Capex plan delayed due to Covid-19

The company is unsure of the manpower situation for expanding the manufacturing operations for new projects due to Covid-19 lockdown.

Chemical
Chemical | 30 August 2020

GACL plans mega expansion projects

The company is planning a mega expansion plan with respect to chemicals such as Caustic Soda, Chloromethanes, Phosphoric Acid, Hydrazine Hydrate and Chlorotoluene.

Chemical
Chemical | 30 August 2020

Black Rose Industries first quarter revenue declines

The company's sales fell by 51% YoY and stood at Rs.41.36 crores in Q1FY21.

Chemical
Chemical | 30 August 2020

Brenntag, Vitalus Nutrition sign distribution agreement in North America

Vitalus Nutrition focuses on unlocking the nutritional value of milk and transforming its components into ingredients used in nutritional food and beverage applications, like VITAGOS.

People
People | 30 August 2020

IFF appoints new divisional CEO for taste

Kathy Fortmann will assume the role of divisional CEO, taste, effective 1 October.

Petrochemical
Petrochemical | 30 August 2020

GP Petroleums swings to losses due to weak automobile demand

Total income for the quarter under review fell by 41.32 per cent to Rs 79.09 crore.

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