Neste and LG Chem have entered into a strategic long-term partnership under which LG Chem will use Neste’s renewable hydrocarbons instead of fossil feedstock for producing sustainable polymers and chemicals.

Already in the middle of this year, BASF in Shanghai more than doubled its compounding capacities for polyamide and polybutylene terephthalate (PBT) and started operations in Korea a plant for compounding the two materials in October. Now BASF will expand its compounding capacities for engineering plastics in Schwarzheide/Germany.

Perstorp has plans to reduce its carbon dioxide emissions by around 500,000 tonnes by producing sustainable methanol. With ‘Project Air’, the company aims to build a first-of-a-kind, large-scale, commercial Carbon Capture, and Utilisation (CCU) unit to produce the green methanol.

Post the successful completion of the first phase of the Carbon2Chem Project in which Thyssenkrupp gained fundamental insights into the conversion of steel mill process gases into chemical products, the federal government has handed over a notice of 88 million dollars for the second phase of the project.

Global trends in the production of pharmaceuticals and chemicals continued to pick up in the summer months, reports the German Chemical Association (VCI - Verband der Chemischen Industrie) in its monthly ‘World Chemistry Report’. The VCI-report shows the latest developments in chemical and pharmaceutical production in 16 countries, 6 regions and around the world.

Univation Technologies’ Unipol PE process technology will be used for three world-scale PE reactor lines at the mega Amur Gas Chemical Complex in Russia. The three lines will include two 600,000 TPY full-density plants for HDPE/LLDPE production and a single 600,000 TPY line focused on a broad-range of both bimodal and unimodal HDPE production.

Ipack-Ima, the global trade fair specialising in food and non-food processing as well as packaging is expected to take place from May 3 – 6, 2022 in Milan, Italy. The organisers of the event also aim to highlight non-food, end-of-line and crossing technology solutions in the upcoming show.

Ineos Olefins and Polymers USA has acquired Sasol’s 50 % stake to become 100 % owner of the Gemini HDPE facility in Texas, USA. The move is expected to increase the Ineos Group’s global HDPE market share.

SDC Technologies, a wholly-owned subsidiary of Mitsui Chemicals has acquired the German-based firm Cotec on October 1, 2020. With this deal, Mitsui Chemicals is expected to expand its coating solutions portfolio for the ophthalmic lens market.

Today, Monsanto shareholders voted to approve a bid by German pharmaceutical and chemical giant, Bayer, to purchase Monsanto for US $ 66 billion, in a merger that would effectively create the world’s largest supplier of seeds and agricultural chemicals.