ExxonMobil is on track to exceed 6 billion dollars in structural cost savings by 2023, compared to 2019, driven by savings from the new business structure and measures such as centralizing procurement, digital transformation of processes, and right-sizing programs that were announced in 2020. (Deposit Photos )
Streamlining Business Structure

Exxon Mobil to Save 6-Billion-Dollars in Structural Costs by 2023

Exxon Mobil has plans to transform its business structure by combining its chemical and downstream companies and centralizing technology and engineering, and other support services. Under the new streamlined structure, the company will be organized along three business lines – Upstream Company, Product Solutions and Low Carbon Solutions which will help the firm to enhance integration, grow value and reduce costs.

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Sumitomo Chemical plans to build additional production lines for its liquid crystal polymer at its Ehime plant. (Symbol image) (Pixabay)
Liquid Crystal Polymer Plant

Sumitomo Chemical to Expand Production Capacity for Liquid Crystal Polymers

Sumitomo Chemical has decided to build additional production lines for its liquid crystal polymer Sumikasuper at its plant in Ehime, Japan. The liquid crystal polymer will be produced at Sumitomo Chemical’s Ehime plant and at the Harima plant of its subsidiary Taoka Chemical in Japan. This expansion will increase the group’s production capacity by about 30 percent. The new production lines are scheduled for completion in summer 2023.

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Specially designed to provide premium performance in critical hygienic, chemical and industrial applications, Mouvex's H-Flo Series and G-Flo Series pumps offer a variety of improved design features and benefits.  (Mouvex)
Pumps

Eccentric Disc Pumps Offer Premium Performance

Mouvex has recently introduced its H-Flo Series and G-Flo Series eccentric disc pumps for the North American market. The pumps can handle highly viscous fluids up to 10,000 cP and soft particles up to 20 mm, it also offers flow rates up to 70 m3/h with a maximum output pressure of 10 bar.

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Galleries

At its site in Krefeld, Germany, Lanxess expands its production capacity for the active ingredient Preventol CMK. (LANXESS AG)
Single-digit Million Investment

Lanxess Expands Capacity of Microbial Active Ingredient

Lanxess is expanding its production capacity for the active ingredient Preventol CMK (chlorocresol) at the Krefeld-Uerdingen, Germany, site by around 50 percent in response to the continuing strong demand for disinfectants and industrial preservation. The specialty chemicals company has invested a single-digit million euro amount for the expansion, which will be completed still in the first quarter of 2022.

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The partnership aims to fill the missing link in the electric vehicle supply chain, using a sustainable and low-carbon refining process, to connect Europe’s lithium battery and cell manufacturers with a secure supply of lithium hydroxide, produced from abundant international sources of raw lithium mineral ore. (Wood)
Revolutionizing the European Battery Supply Chain

Wood to Deliver UK’s First Commercial Lithium Refinery

Under an agreement signed between Wood and Green Lithium, Wood has been made the Owner’s Engineer for delivering UK’s first large-scale commercial lithium refinery. Claimed to be the first of its kind facility in Europe, the plant is expected to meet the growing demand for battery-grade lithium chemicals which is important for the commercial viability of the European battery supply chain, the electric vehicle revolution and its transition to net-zero.

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