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Company Dynamic

BASF agrees to sell Kankakee, Illinois plant to One Rock Capital Partners

BASF agrees to sell Kankakee, Illinois plant to One Rock Capital Partners

2020-12-23

BASF has entered into an agreement to sell its Kankakee, Illinois manufacturing site and its related operations of vegetable oil-based raw materials sterols and natural vitamin E, anionic surfactants and esters to a private equity firm that is an affiliat

Sumitomo Chemical restructures its group subsidiaries to strengthen its biotechn

Sumitomo Chemical restructures its group subsidiaries to strengthen its biotechn

2020-12-23

Sumitomo Chemical has announced the restructuring of its group subsidiaries to further strengthen its biology business. Valent BioSciences USA LLC (VBC) will be responsible for all biology-related business functions of the Sumitomo Chemical Group.

BASF further increases price for Neopentylglycol in Europe

BASF further increases price for Neopentylglycol in Europe

2020-12-23

With immediate effect or as existing contracts permit BASF is further increasing the price for Neopentylglycol (NPG) in Europe by 200 Euro/ton (MT).

Henkel Unveils EPIX Technology in Europe

Henkel Unveils EPIX Technology in Europe

2020-12-23

After its successful launch in the United States, Henkel Adhesive Technologies is now bringing to the European market its new product technology platform that helps make paper a viable alternative to plastics and other single-use materials.

I-care Supports LANXESS With Maintenance Strategy Rollout

I-care Supports LANXESS With Maintenance Strategy Rollout

2020-12-23

Industrial service provider and chemical manufacturer embark on new collaboration

Jotun Coatings Help Protect Drilling Platform

Jotun Coatings Help Protect Drilling Platform

2020-12-23

Jotun is collaborating with Odfjell Drilling to provide a premium anti-fouling and topside coating solution for the advanced drilling platform Deepsea Stavanger.

PPG to Acquire Tikkurila

PPG to Acquire Tikkurila

2020-12-23

PPG announced that it has entered into a definitive agreement to acquire Nordic paint and coatings company Tikkurila in an all-cash transaction.

Ashland pushes natural styling polymer, raw material is cassia seed

Ashland pushes natural styling polymer, raw material is cassia seed

2020-12-21

Recently, Ashland launched a naturally-derived styling polymer Styleze CSP™, which has the characteristics of strong styling power, moisture resistance and high elasticity. Compared with other natural styling polymers, Styleze CSP™

Japan's Sumitomo Dyes will stop production in 2021

Japan's Sumitomo Dyes will stop production in 2021

2020-12-21

Affected by costs and profits, Japan's Sumitomo Dyestuffs will stop production in April 2021, including the active Sumifix series and the dispersed Sumikaron series.

Starbucks profits halved in the third quarter as unit prices in China rose

Starbucks profits halved in the third quarter as unit prices in China rose

2020-12-21

Starbucks has announced its financial results for the fourth fiscal quarter (Q3) of 2020.

Lanxess increases prices for 1,6-hexanediol

Lanxess increases prices for 1,6-hexanediol

2020-12-21

Specialty chemicals company Lanxess is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts to €350/t. The reason for the adjustment is the significant rise in raw material costs over the past months.

AkzoNobel springs for 2021 Paint the Future startup challenge in China

AkzoNobel springs for 2021 Paint the Future startup challenge in China

2020-12-21

Forging an even stronger connection with startups in a key market, AkzoNobel will launch its next regional startup challenge in China in March 2021.

BASF leading in water management, forest and climate protection according to CDP

BASF leading in water management, forest and climate protection according to CDP

2020-12-21

BASF achieved the best rating of “A” in the “CDP Water Security” list.

Axalta continues automotive colour leadership with 68th Global Automotive Color

Axalta continues automotive colour leadership with 68th Global Automotive Color

2020-12-21

Axalta has released its 68thannual Global Automotive Color Popularity Report revealing the most common automotive colours on the road today are white (38%), black (19%) and grey (15%). Grey increased by two percentage points worldwide and is at a 10-year

AkzoNobel unlocks more sustainable future for coatings after biomass breakthroug

AkzoNobel unlocks more sustainable future for coatings after biomass breakthroug

2020-12-21

A world of possibilities for paints and coatings has been unlocked by research being conducted by AkzoNobel, in collaboration with the Dutch Advanced Research Center Chemical Building Blocks Consortium (ARC CBBC).

ADM stops producing dry lysine in the first half of next year

ADM stops producing dry lysine in the first half of next year

2020-12-21

ADM recently announced that it will stop producing dry lysine in the first half of 2021, focusing on meeting the market's demand for liquid and capsule lysine.

Why Chinese biopharmaceutical companies building factories to expand production

Why Chinese biopharmaceutical companies building factories to expand production

2020-12-21

On December 16, BeiGene announced the official completion of its second plant in Guangzhou's Guangzhou Biopharmaceutical Production Base in the Sino-Singapore Knowledge City, and the construction of its third plant was also started simultaneously.

Cellulose-based dispersants and flocculants

Cellulose-based dispersants and flocculants

2020-12-21

A new review article provides insight into the engineering pathways, the structural frameworks, and surface chemistry of “green” types of dispersants and flocculants.

Amazon becomes the largest buyer of renewable energy

Amazon becomes the largest buyer of renewable energy

2020-12-17

The 26 new wind and solar projects announced today are in Australia, France, Germany, Italy, South Africa, Sweden, the United Kingdom and the United States.

Trinseo acquires Arkema PMMA business for 1.137 billion euros

Trinseo acquires Arkema PMMA business for 1.137 billion euros

2020-12-16

American chemical materials company Trinseo said on December 14 that it would acquire Arkema's PMMA business, which is the first step in the company's transformation.

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