Clariant will build a catalyst production site at the Dushan Port Economic Development Zone at Jiaxing, China. The plant will produce Catofin catalysts for propane dehydrogenation (PDH) to produce propylene.
PPG says it has received funding from the US Department of Energy (DOE; Washington) to help develop coating used in the production of lithium-ion battery electrodes.
Arkema says its adhesives subsidiary Bostik has opened an industrial adhesives plant at Nara, Japan. The new plant is operated by Bostik-Nitta, a joint venture (JV) with the industrial adhesives unit of Nitta Gelatin. Bostik owns 80% of the JV.
Merck KGaA has provided an update on progress made in realizing the growth and expansion phase of its strategy for the period until 2022. It expects to deliver continued profitable growth in the coming years despite a challenging market environment.
The pandemic caused by COVID-19 has raised public awareness about the presence of pathogens such as bacteria and viruses in all public spaces and elevated acceptable levels of hygiene.
Flavor and fragrance companies support the supply chains of industries that provide goods to consumers around the world, like food and products for personal, body, and home care.
Europe’s major specialty chemical companies saw a sharp fall in sales during the second quarter, which in most cases also meant a reduction in their profits.
Clariant says that its catalysts business unit has entered a long-term partnership with Tianjin University (TJU; Tianjin, China) that will focus on R&D of new catalysts to serve better the needs of the Chinese market.
AkzoNobel has provided an update on its business performance and says that market headwinds have continued to ease during recent months compared with previous months.
The European Commission says it has added lithium to its list of critical raw materials for strategic technologies and sectors, because lithium has become “essential for a shift to e-mobility.”
Sun Chemical Corp (Parsippany, New Jersey), a subsidiary of DIC, has established a partnership with DuPont to expand global sales of degassing modules for water treatment.
Albemarle today announced it has been selected to work on two lithium research projects along with the US Department of Energy (DOE; Washington, DC). The company was selected as part of a Battery Manufacturing Lab Call.
Evonik Industries says it is acquiring catalyst rejuvenation firm Porocel Group (Houston, Texas) for $210 million. The purchase price is 9.1 times adjusted EBITDA in 2019, which Evonik says “is an attractive valuation for a high-quality asset in the catalyst sector.”
IHS Markit says that the Chinese polysilicon price has risen by 60% from a historically low level in June triggered by two polysilicon fab explosions and new COVID-19 outbreaks in the Xinjiang Uyghur Autonomous Region.
AkzoNobel says its decorative paints plant at Guangzhou, China, will undergo a 26.0-million renminbi ($3.7 million) automation upgrade that will have it running at full production of exclusively water-based products.
Lanxess announced today that it plans to withdraw from the leather business with the sale of its organic leather chemicals operation to TFL Ledertechnik (Rheinfelden, Germany), a worldwide supplier of leather chemicals and a portfolio company of asset-management firm Black Diamond Capital Management.
Johnson Matthey (JM; London, UK) says that two European development banks will provide joint funding of €135.0 million ($158.9 million) in the form of loans for JM's new plant to produce cathode materials for electric car batteries at Konin, Poland.
Momentive Performance Materials today announced plans to sell its consumer sealants business to Henkel and reorient production at its Waterford, New York, plants in a bid to focus more on specialty silicones.
Solvay says it has signed a worldwide distribution agreement with Strem Chemicals (Newburyport, Massachusetts), a manufacturer of specialty products, to fulfill commercial sampling and research requests for Solvay's specialty phosphorus products.
Croda International (Goole, UK) says that construction is underway for its new North American headquarters and innovation center near Princeton, New Jersey, which is scheduled for completion before the end of 2020.
Building up the specialty chemicals sector is an opportunity that the chemical industry of the Gulf Cooperation Council (GCC) region should aim to capitalize on, according to a recent report published by the Gulf Petrochemicals and Chemicals Association (GPCA).
Worldwide consumption of high-intensity sweeteners (HIS) is expected to increase at an average annual rate of 2.1% in the 2019-24 period, according to a report published by IHS Markit in late March.
Delo (Windach, Germany) says that its expertise in specific applications, flexibility to innovate, business strategy that prioritizes the customer, and continuous search for new niches are key characteristics of a medium-sized specialty chemicals company based in Germany.
US specialty chemical market volumes posted 1.9% sequential growth in July, 2.7% lower than the revised 4.6% increase in June, according to ACC.