Chemical | 17 October 2020
PQ Group to sell performance materials biz
Company is also launching a review of strategic alternatives for performance chemicals business.
Company is also launching a review of strategic alternatives for performance chemicals business.
The certification was issued for three material families manufactured at three European sites: polystyrene from Tessenderlo, Belgium, polycarbonate produced in Stade, Germany and synthetic rubber from Schkopau, Germany.
According to him, there is a need to change perceptions and for that a lot of work needs to go on in terms of making governments realize that it is not that industry is asking for a subsidy every time or for a support on money or finance or interest rates all the time but industry needs fast tracking of proposals and help from government and this can be facilitated by removing the bottlenecks.
The global polyvinyl chloride (PVC) capacity is poised to see considerable growth by 2024, potentially increasing from 56.13 million tpy in 2019 to 65.60 million tpy in 2024, registering a total growth of 17%.
The job cuts will affect mainly Wacker’s administrative departments and the indirect and non-operational functions of its business divisions. In addition, 200 jobs will be cut back at international sites.
Further amplifies Evonik’s ability to help customers transform their brands to generate distinctive sustainability outcomes.
In addition to supplying 100 percent of the plant’s power needs, the cogeneration unit at the plant delivers enough electricity into the regional grid to power over 4,000 homes, which supplements weather-dependent, renewable sources in the area.
Company plans to cluster its MetAMINO (DL-methionine) production at three international hubs (Americas, Europe, and Asia) to maximize economies of scale and utilize robust processes.
Investment supports global health and preparedness in the Asia-Pacific region
The new emulsifiers are designed to provide hydrating properties into skincare products.
TechnipFMC is also making an equity investment in McPhy.
Technology could lead to lower carbon emissions, offers a catalytic alternative to steam cracking.
CEO's of top 115 companies who met at CII’s National Council (its apex board), indicated revival of positive business sentiment and gradual rise in expected corporate performance.
The minister stressed that India should focus on increasing yarn and fabric exports to Bangladesh.
The transaction is subject to customary closing conditions, including required regulatory approvals. Closing is expected in first half 2021.
The new production site will be capable of producing more than 100,000 highly efficient AEM electrolyzer modules per year.
With commercial operations planned for November 2021, Long Ridge will be the first purpose-built hydrogen-burning power plant in the United States and the first worldwide to blend hydrogen in a GE H-class gas turbine.
This piece of equipment plays a crucial role in the manufacture of eco-friendly rubber process oils (RPOs) for the tire and rubber sectors.
Company has launched BreatheEasy Safe 24, multi surface protector, which protects surfaces from germs, bacteria and Covid like viruses for 24 hours.
MSME Minister Nitin Gadakari said that the entire concept and scope analysis and design has been done inhouse in the Ministry with the help of NIC and under guidance of the local team of Intel.
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