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Mitsubishi Chemical to Take-Over German Carbon Fiber Prepreg Manufacturer

Germany: Business Strategy

Mitsubishi Chemical to Take-Over German Carbon Fiber Prepreg Manufacturer

24/01/2020 - Mitsubishi Chemical Corporation has plans to enhance its carbon fiber composite material business with the acquisition of the c-m-p firm. The Japanese company will also possess prepreg plants in Europe, USA and Japan via this deal. read...

U.S. Specialty Chemical Markets End 2019 on a Soft Note: ACC

USA: Market Report

U.S. Specialty Chemical Markets End 2019 on a Soft Note: ACC

23/01/2020 - The American Chemistry Council (ACC) has reported that the U.S. speciality chemicals market volumes witnessed a 0.3 per cent decline in December following a 0.1 per cent gain in November. read...

Circular,Sustainable Solutions Maybe Growth Opportunities for EU Chemical Industry

Market Trends

Circular,Sustainable Solutions Maybe Growth Opportunities for EU Chemical Industry

23/01/2020 - The European Chemical Industry Council (Cefic) has shared a report in which it states that circular and low carbon economy solutions could become a competitive advantage for the EU chemical industry across the globe. read...

EU Backs Green Hydrogen Project in Delfzijl

The Netherlands: European Funding

EU Backs Green Hydrogen Project in Delfzijl

22/01/2020 - A consortium comprising Nouryon, Gasunie and four other partners will receive a $ 12.2-million European grant towards their proposed green hydrogen project in Delfzijl, the Netherlands. read...

Major Restructuring Plan: Mc Dermott to Sell Lummus Technology

Technology Purchase

Major Restructuring Plan: Mc Dermott to Sell Lummus Technology

22/01/2020 - Amidst reports of Mc Dermott going bankrupt, the company has plans to sell its Lummus Technology. One of the bidders for the technology is the joint partnership between The Chatterjee Group and Rhône Group which is willing to purchase the technology for 2.725 billion dollars. read...

Articles

The NOA Concept – Making Data Easily Accessible

A First Easy Introduction to the NOA Concept

The NOA Concept – Making Data Easily Accessible

04/12/2019 - Data forms the basis for any optimization strategy. In the framework of the NOA concept, Phoenix Contact now provides with the Cloudwriter an app, with which the measurement data recorded in the systems can be transferred simply, without retroactive effects and securely to a cloud for evaluation. read...

NEWS

Saipem Assesses New Plastic Recycling Technology

Italy: Sustainable Solutions

Saipem Assesses New Plastic Recycling Technology

The new technology for plastic disposal and recycling belongs to ITEA. The technology involves a plastic decomposition process called ‘flameless oxy-combustion’ which is simple and flexible to use in small-sized plants. read...

Newco CEO Resigns from Yara International

Norway: Management Changes

Newco CEO Resigns from Yara International

Yves Bonte, the current CEO of Newco has resigned from Yara International and has taken up a new job as CEO and Chair of the Board in Belgium-based Domo Chemicals. read...

Chevron is Hydrogen Council’s New Member

USA: Energy

Chevron is Hydrogen Council’s New Member

Chevron’s vital expertise in hydrogen is expected to strengthen the global Hydrogen Council which encourages key stakeholders to increase their backing of hydrogen. The firm is focused on offering clean sources of energy with the use of technology and innovative processes. read...