Claimed to be Europe’s No 1 trade fair for the fine and speciality chemicals industry, Chemspec Europe trade fair is all set to be held from May 27 – 28, 2020 in Cologne, Germany.

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.

Under the terms of the agreement, SCS members Ineos Styrolution, Total, Trinseo and Versalis (Eni) will carry out an in-depth evaluation of Pyrowave’s proprietary plastic-to-plastic chemical recycling technology. Pyrowave claims that this technology will enable Europe to meet its sustainability goals.

Bharat Petroleum Corporation (BPCL) has chosen Fluor for its Polyols Petrochemicals project located at the firm’s existing refinery and petrochemical complex in Kerala. On completion, the complex is expected to produce propylene glycol, ethylene glycol and various grades of polyols.

Toray has developed a new technique which is capable of producing high-quality micro-level spherical particles of polyamide with high melting points. The technique helps to control average particle sizes and also create uniformly sized particles.

Victrex has created a joint venture between Victrex Hong Kong and Yingkou Xingfu Chemical Company for the development of a new PEEK plant in China. The manufacturing facility is in line with the ‘Made in China 2025’ initiative in which the demand for locally produced PEEK is expected to increase in the country.

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.

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.

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.

Shell Chemicals has plans to enter the polycarbonate space as the move is in line with its growth strategy of an expanded product range. The company will be establishing polycarbonate production units in China and Singapore in order to cater to the growing number of polycarbonate customers.