Chemical | 02 February 2022
Westlake completes acquisition of Hexion’s epoxy business
Company completes acquisition of Hexion’s global epoxy business for ~$1.2 billion
Company completes acquisition of Hexion’s global epoxy business for ~$1.2 billion
The €300 million investment supports a fully integrated and digitalized PVDF operation and will increase capacity at Solvay's site in Tavaux, France to 35 kilotons
LyondellBasell has received this distinction for five consecutive years
The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio
The start-up of the new site in Herkenbosch, Netherlands is expected in the second quarter of 2022
Using a proprietary advanced recycling technology, Nexus converts a range of hard-to-recycle plastics especially landfill bound plastic films into its circular feedstocks which can then be converted back into virgin plastics
As a part of the agreement, Firmenich will focus on commercializing two core parts of Finlays’ extracts business in Europe: its world-leading Cold Brew Coffee portfolio and its Tea Extract portfolio
The partners will develop and co-invest in a portfolio of international projects, with the ambition to produce up to 1.5 terawatt-hours (TWh) of biomethane per year by 2025
The move is aimed at securing a greater share of the Specialties market
The contract, which will initially run for five years, covers an order volume in the mid-double-digit million euro range and can also be extended to other material groups at any time
Reduced global warming potential (GWP) solution is supermarket industry's most widely accepted replacement for higher-GWP solutions
Transaction builds on ABB’s initial investment, increasing stake from 67 to 80%
Continuous inflationary pressure and further price spikes for key raw materials continue to drive cost increases.
Alpek will purchase 100% of Octal’s shares for U.S. $620 million on a debt-free basis.
Combines chemical and downstream businesses, centralizes technology and engineering and key service organizations
Collaboration on ExxonMobil project to advance OPA system from test bed to real-world production process facility -
The total amount of the contract is RMB6.87 million.
The company has won licenses to expand its CGD network to 14 new GAs in the recently concluded 11th round of CGD bidding by PNGRB
It is expected that this pilot project would help in creation of a robust standard and regulatory framework in India to cover the aspects of injecting hydrogen into natural gas
Gradual unlocking of the economy, record vaccinations, improvement in consumer demand, and continued policy support towards industries have led to an upturn
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