The acquisition will enable Nouryon to expand its Carboxymethyl Cellulose product line and is in line with the company’s strategy of investing in new potential growth markets. With this deal, around 240 employees will be shifted to Nouryon.
Actega’s new site aims to merge the administration, production and R&D activities from two old sites in Brazil into the Araçariguama location. By 2021, the company also plans to transfer its third site to the newly integrated site.
With the incorporation of Haldor Topsoe’s technology, the new methanol facility in Russia is expected to produce 1.6 million tonnes of АА grade methanol annually. The plant is scheduled for completion in 2023.
Merck’s new biotech development center will be set up in Switzerland and is expected to bridge the gap between research and manufacturing. With this facility, the company aims to make new medicines quickly available to patients.
Sibur’s Board of Directors has approved the 2025 Sustainable Development Strategy which focuses on five core areas: Responsible Business, Environment, Society and Partnership, Sustainable Product Portfolio, and Climate Impact Mitigation.
Primus Green Energy announces that along with a global petrochemical company as a joint venture partner, it has commissioned a Front End Engineering and Design (FEED) study with IHI E&C International Corporation for a first of its kind natural gas-to-gasoline plant in Texas
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.
Air Products has entered into an agreement with Gulf Coast Ammonia (GCA) under which the US firm will build, own and operate a steam methane reformer to produce hydrogen, an air separation unit to supply nitrogen; and will own and operate a steam turbine generator to supply power to GCA’s new ammonia production facility.
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.
The pharmaceutical industry is mixed on the factors that will have the greatest positive impact on the industry in 2020. Patent expiry of biologics and vertical integration highlighted are as some of the key areas of interest, says data and analytics company, Global Data.