Company Dynamic

Birla Carbon released its 2017 sustainability report titled, ‘Our Progress on the Path to Sustainable Business’.

• Birla
• Carbon
• Sustainability

Swedish auto supplier Autoliv ASP Inc. plans to invest $22.6 million to consolidate four Michigan operations into one location in Southfield, Mich.

• Autoliv

Europe's leading packaging producer, Alpla Werke Alwin Lehner GmbH & Co KG, the Austrian specialist in blow molded bottles and caps, injection molded parts, preforms and tubes, has returned to the acquisition trail for the third time this year.

• Packing
• Alpla

Orum Therapeutics raises $8 Million Series A financing to advance cell-penetrating antibody technology for novel cancer therapeutics.

• Pharma
• Asia
• Orum Therapeutics

Axalta Coating Systems celebrated its first production and logistics center in Argentina in the municipality of Escobar in the province of Buenos Aires,

• Axalta
• Coating

Advanced surface coating technology provider Hardide announced on Tuesday that Hardide Coatings had gained Nadcap accreditation for coatings.

• Hardide
• Nadcap

Akzo Nobel's specialised chemicals division would expand quickly and profitably if it gets an injection of capital after being sold or listed, its chief executive Thierry Vanlancker told Reuters.

• Akzo
• Nobel
• Coating

The European Commission has approved under the EU Merger Regulation Evonik’s acquisition of Huber Silica. Evonik and Huber Silica are both manufacturers of specialty chemicals, including precipitated silica.

• Evonik
• Coating

Liaoning Huajin Tongda has restarted its 60kt/year PP plant on Jun 24 for homo PP raffia F401. The plant was shut on Mar 14 for turnaround, and is now resuming to full capacity production.

• PP
• Liaoning
• Huajin
• Tongda

Sichuan Shuanglong shut one production unit recently. Currently the production of solid re-PSF is about 50mt/d.

• PSF

The designers of BASF’s Coatings division translated the question of individual data control, as well as the need for an extensive gathering of information for technical and social possibilities into a collection of 65 new automotive colors.

• BASF

Dow Chemical and German paper group Koehler have been jointly awarded a US EPA green chemistry challenge award for developing a thermal printing paper that does not need chemical developers, such as bisphenol A or bisphenol S.

• Koehler
• Dow

PPG Industries has given up its pursuit of Dutch rival Akzo Nobel and said it won't make a hostile takeover bid. After being rebuffed three times by the coatings specialist and having a judge toss out a lawsuit brought by a hedge fund to force the issue,

• PPG
• Akzo
• Nobel
• Coating

Syngenta elects new board and Ren Jianxin, Chairman of China National Chemical Corporation (ChemChina), was elected as Chairman of the Board of Directors. Chen Hongbo, Chief Strategy Officer of China National Agrochemical Corporation (CNAC)

• Syngenta
• ChemChina

An urgent notice from Wujiang Environmental Protection Agency said that all printing and dyeing mills were required to be shut down from 9:00PM on Jun 25 and sewage plants should turn off valves from Jun 26 morning.

• Painting
• Dye

Anhui Huaihua Group closed its 100kt/year coal-based MEG plant again on Jun 25 due to problems. How long will the closure last depend on the maintenance process.

• MEG
• Unit

Somet is expected to restart its VSF unit tomorrow after being shut down on environmental issue at the end of last year.

• VSF
• Restart

Textile traders in the State will down shutters in protest against Goods and Services Tax (GST) for three days from June 27.

• Textile
• Trader

Swiss commodities giant Glencore PLC has upped its offer for Rio Tinto PLC’s Australian coal assets, raising the stakes in a bidding war with China-backed Yanzhou Coal Mining Co, Rio said yesterday.

• Glencore
• Rio
• Bid

Radici Chimica SpA, a strategic RadiciGroup company, is keen on continuing business of producing chemical intermediates and PA 6.6 polymers. The chemicals are used as raw materials for a variety of products in the plastics and synthetic fibres industries.

• Radici
• Chimica