Industry News
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BASF to Acquire Solvay’s Global Polyamide Business for €1.6 Billion
BASF on Tuesday said it signed an agreement with Solvay to purchase the latter's integrated polyamide business for €1.6 billion. It is set to be integrated into BASF’s Performance Materials and Monomers divisions, ac…09.19.17
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Cabot Corporation Opens Asia Technology Center in Shanghai
Cabot Corporation said its new 4,500-square-meter Asia Technology Center – located in Shanghai, China – is open. The company said the center will enhance its application development capabilities and will provide a state-…09.19.17
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Emerald Kalama Chemical Brings $40M Expansion Online
Increases world leadership in benzoic acid, benzaldehyde, hexyl cinnamic aldehyde (HCA)09.18.17
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Estron Breaks Ground on New R&D Center
Estron Chemical said it will break ground on its new Research and Development Center, located at the company’s headquarters in Calvert City, Ky., with an official ceremony on Sept. 20. The company said the $5 million capita…09.14.17
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Eastman Completes Expansion of DMAPA, Alkyl Alkanolamines Capacity
“This investment reaffirms Eastman’s commitment to our care chemicals customers."09.12.17
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DowDuPont Alters Post-Merger Plans
Executive Chairman Andrew Liveris said the Board is "confident" the adjustments "are the right actions to take."09.12.17
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Analyst Looks at Dow/DuPont Merger, Unveils Integrated Financial Model
"What is more compelling... is the prospect of premium double-digit earnings growth at an appreciable discount..."09.11.17
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Clariant Achieves Best-in-class Rankings in 2017 Dow Jones Sustainability Index
Clariant ranks among top four percent of companies in the global chemical sector.09.08.17
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INEOS Building New 300kt Vinyl Acetate Monomer (VAM) Plant
The company said it will be spending "hundreds of millions of Euros" on the project.09.06.17
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Ascend Introduces New Grades of Specialty Amines
“These new grades show our commitment to produce high-quality products..." said Maria Field, product manager for amines.09.06.17
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Huber Closes $630 Million Deal of Silicones Business to Evonik
The J.M. Huber Corporation has completed the sale of the silica business unit of Huber Engineered Materials to Evonik Industries AG, a global specialty chemicals company. The $630 million transaction, completed after approvals from the European…09.05.17
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Perstorp Upgrades its Capa Plant in Warrington, UK
Perstorp has made an investment in its Caprolactone business through a significant to upgrade to its original monomer plant. According to the company, the new equipment will be constructed using innovative materials and the investment will future pro…09.05.17
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Additives | Breaking News | Industry News
Shin-Etsu Chemical to Expand Silicones Production Capacity in the U.S.
Total investment in its silicones business over the past four years reaches ¥65 billion09.01.17
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Dow, DuPont Complete Merger
“Today marks a significant milestone in the storied histories of our two companies..." – Andrew Liveris, executive chairman09.01.17
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Eastman Announces Projects to Increase CHDM Capacity
All projects are expected to be complete by early 2019, per Eastman.09.01.17
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BASF & bse Engineering Partner for Transformation of CO2 into Methanol
BASF and bse Engineering have signed an joint development agreement for BASF to provide custom made catalysts for a new chemical energy storage process. This process will enable economically viable transformation of excess current and off-gas carbon…09.01.17
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Evonik Acquires Silica Business From J.M. Huber Corp.
The closing is slated for Sept. 1, 2017.08.28.17
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Sherwin-Williams Changing Industry Outlook On Waterborne Finishes, Business Director Says
The Waterborne Challenge coincides with Sherwin-Williams' launch of SayerlackOnline Exclusives Anthony Locicero, Associate Editor 08.28.17
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Ingevity to Take Over Georgia-Pacific’s Pine Chemicals Business
Ingevity Corporation has reached an agreement with Georgia-Pacific to acquire Georgia-Pacific’s pine chemicals business for a cash purchase price of $315 million. The acquisition is subject to certain regulatory approvals and other customary cl…08.28.17
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Evonik Industries Builds New Copolyesters Production Plant
Commercial operation is anticipated for the first quarter of 2018, per Evonik08.22.17
