Lanxess celebrates the opening of Asia's most modern butyl rubber plant as well as the companies biggest investment project ever. The German speciality chemicals specialists have invested around € 400 millions in the new 100.000 tons/year facility at Jurong Island...

According to a report by the American Chemistry Council, the U.S. Chemical Production Regional Index edged higher by 0.1 per cent at the beginning of the year. On a 3MMA basis, manufacturing activity rose by 0.3 per cent in January, added the report.

Fresenius Kabi and Vifor Pharma have formed a joint venture in China to provide patients access to vital blood management treatment.

As part of its global expansion strategy, Songwon has commissioned a second thermoplastic urethane (TPU) production line, to become operational in the fourth quarter of 2017.

Airgas has signed a long-term agreement to build an air separation unit (ASU) to supply tonnage oxygen, nitrogen and argon via pipeline to Nucor Steel Tuscaloosa, a subsidiary of Nucor Corporation, at its steel manufacturing plant in Tuscaloosa, Alabama.

Petrofac’s EPS division has been awarded an engineering, procurement, construction and commissioning contract for a UAE project. The project is in line with the company’s strategy of improving its record in smaller greenfield and brownfield EPC projects.

The new ‘In Focus Online Platform’ currently offers an online lube optimisation model which optimises product mix, maximises operational value and evaluates feed flexibility. It also comprises of a unit monitoring tool which identifies and analyzes potential operational concerns.

Wacker dropped a bombshell: The group has announced initial targets for its "Shaping the Future" efficiency program. According to this program, the company intends to save $ 270 million annually by reducing material costs and the scope of services provided internally and by streamlining its organization. As part of this program, the group will cut more than 1000 jobs by the end of 2022.

Solvay plans to cut costs in Europe by € 100 million per year as of 2016 – plans that also include the closure of a plant in Portugal in restructuring measures at several other sites...

Akzo Nobel's Specialty Chemicals business has entered the next phase of a major expansion at its organic peroxides facility in Ningbo, China, which will increase production capacity by more than 100 % by the third quarter of 2018.