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People
People | 21 October 2022

BASF confirms Martin Brudermuller as Chairman and Dirk Elvermann as CFO

Elvermann has been with the company since 2003 and has been leading the Corporate Finance division since 2019

Technology
Technology | 21 October 2022

Clariant further invests CHF 40 mn in new China flame retardants facility for E-mobility and E&E applications

The company is still targeting its original timeline, i.e. commencing production in Daya Bay around mid-2023, with the second line due to come on stream within 2024

Petrochemical
Petrochemical | 21 October 2022

Asian Paints to invest Rs. 2,100 Cr for VAE and VAM manufacturing facility

The installed capacity of the said manufacturing facility would be 100,000 tons p.a. for VAM and 150,000 tons p.a. for VAE

General
General | 21 October 2022

Lubrizol Advanced Materials wins CII National 5S Excellence Award 2022

This achievement is a testimony towards team’s contribution in implementing and sustaining 5S practice at our Dahej plant

Technology
Technology | 21 October 2022

Nuberg EPC wins 250 TPD Chlor-Alkali Project from Chemfab

The plant is expected to be ready for production in 22 months and the company is taking up the project on Engineering, Procurement, and Construction Management (EPCM) service-based contract

General
General | 21 October 2022

Asian Paints to set up JV in UAE

The overall investment would be approximately Rs. 550 crore to be invested over the next two years

Chemical
Chemical | 21 October 2022

Meghmani Finechem Q2 FY23 Profit jumps 95%; Revenue up 64%

The company is further expanding into Chlorotoluene and its value chain to strengthen its position in the Specialty Chemical segment

General
General | 21 October 2022

BASF Venture Capital invests in financial platform Traive

The proprietary technology allows crop protection product manufacturers, traders, farmers, cooperatives, and trading companies to review, register, manage, and trade their loans on a single platform

Sustainability
Sustainability | 21 October 2022

Perstorp makes product carbon footprint values available for 85% of sales volume

As part of the joint initiative Together for Sustainability, companies from the global chemical industry have agreed on a global guideline for calculating product carbon footprints

Sustainability
Sustainability | 21 October 2022

LyondellBasell and Shakti Plastic Industries sign MoU for mechanical recycling in India

The plant is intended to process rigid packaging post-consumer waste and produce 50,000 tonnes of recycled polyethylene (PE) and polypropylene (PP) per year, equivalent to the single-use plastic waste produced by 12.5 million citizens

People
People | 21 October 2022

PPG elects Tim Knavish as President and CEO; Michael H. McGarry named Executive Chairman

Knavish, who has served as PPG’s chief operating officer since March, will succeed Chairman and CEO Michael McGarry, in the role of CEO

Chemical
Chemical | 21 October 2022

Navin Fluorine International misses on margin; Honeywell adds to revenue, says ICICI Securities

NFIL has announced capacity addition in R-32 with capex of Rs800mn.

Chemical
Chemical | 21 October 2022

HALS launch to drive growth from Q3FY22 for Clean Science and Technology: ICICI Securities

It has announced Rs3bn capex for HALS in unit-4 to be commissioned by Dec’23.

R&D
R&D | 20 October 2022

BASF, UCN collaborate on mining research, development and innovation

Promoting collaboration between academia, students and industry experts

Chemical
Chemical | 20 October 2022

BASF offers new lowPCF product portfolio with reduced CO2e footprint

Product Carbon Footprint (PCF) reduced by at least 30% compared to standard products or even close to zero

Digitization
Digitization | 20 October 2022

Higg, Bluesign and ZDHC collaborate to fast-track textile industry chemical management improvement

Higg is the sustainability insights platform for consumer goods businesses – delivering software and services for measuring, managing, and sharing supply chain performance data.

Supply Chain
Supply Chain | 20 October 2022

Quantix acquires G&W Tanks

Acquisition establishes Quantix's ISO tank platform

Electric Vehicles
Electric Vehicles | 20 October 2022

bp invests in free electric ride hailing business Freebee

The company led the business’s US $8 million Series A funding round, with support from Freebee’s current infrastructure capital partner, Tensile Mobility

General
General | 20 October 2022

Trinseo offers sustainable solution for building & construction

STYRON X-TECH 4660 Polystyrene Resin offers the same reliability and performance as previous resin formulations with greater sustainability advantage

Chemical
Chemical | 20 October 2022

Calgon Carbon’s Belgium subsidiary commences operations

Produced from such materials as bituminous coal and coconut shells, activated carbon is a class of carbon substrate with numerous micropores

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