Clariant completed the sale of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”). As announced upon signing of the transaction, the base enterprise value of the sale amounts to CHF 805 million subject to closing accounts adjustments and before a potential earn-out payment of CHF 50 million which is subject to the business’ 2021 financial performance.

Biopharmaceutical companies looking to manufacture in the Middle East or India may find they can’t simply transfer the plant they’ve been using successfully in Europe, for logistic as well as regulatory reasons. An expert in integrated process technology and engineering, Glatt Ingenieurtechnik outlines the potential pitfalls and solutions.

McPhy’s innovative electrolysis technology ‘Augmented McLyzer’ will be used for the 100-MW electrolysis plant in Sines, Portugal which forms a part of the mega GreenH2Atlantic project. The electrolysis platform is expected to supply green hydrogen for industrial as well as energy applications and will also help in the decarbonization of Europe.

To support the polymer industry in Asia, Nouryon has begun production of advanced organic peroxides at its greenfield site in Tianjin, China. The site includes three manufacturing facilities which are equipped with the latest safety, energy efficiency, and environmental protection technologies.

Solvay and Trillium Renewable Chemicals have joined hands to develop a bio-based acrylonitrile supply chain for producing bio-carbon fiber which can be used across various industries such as aerospace, automotive, energy, and consumer goods.

Clariant’s flame retardants facility which is also its first Chinese production plant will be developed at Daya Bay, Huizhou in the Guangdong Province. The move is in line with the firm’s aim of expanding its Exolit OP range of flame retardants in the Asia region and also to meet the growing demand across the electrical and electronic equipment industries in China.

Under an agreement signed between Plastic Energy and TotalEnergies, Plastic Energy will develop its second advanced recycling plant in Sevilla, Spain. At the new plant, the company will convert 33,000 tons of plastic waste into recycled feedstock and TotalEnergies will convert this into virgin-quality polymers which can be used for food-grade packaging.

Under a contract signed between thyssenkrupp Uhde Chlorine Engineers and Shell, thyssenkrupp will engineer, procure and fabricate a 200 MW electrolysis plant based on its large-scale 20 MW alkaline water electrolysis module for the mega ‘Hydrogen Holland I’ project in the port of Rotterdam, the Netherlands. The project will produce green hydrogen for the industry and transport sector in the region.

Ineos Olefins Belgium’s Project One aims to construct Europe’s most sustainable ethane cracker project in Antwerp, Belgium. The project is expected to have the lowest carbon footprint in the region and will comply with some of the strictest environmental regulations in the world.

Evonik has plans to expand its plasticizer portfolio by adding new plasticizer products—oxo alcohol INA and INA-based plasticizers Vestinol 9 and Elatur CH respectively—next year. The new products will be produced at the company’s largest site in Marl, Germany. The move is in line with the company’s strategy of expanding its business with innovative plasticizers of the new generation.