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LANXESS invests in production for ion exchange resins in Leverkusen, Germany

Investment of seven-figure EUR amount

12-Nov-2018

Specialty chemicals company LANXESS is investing in its ion exchange resin production facility at the Leverkusen, Germany, site. The company is optimizing its process technology and operating efficiency for a seven-figure EUR amount. The project is scheduled for completion in the first half of ...

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Beautiful Growth: New Report on the European Market for Paints and Coatings

09-Nov-2018

Paints and coatings do not only make our lives more colorful and beautiful; they also protect materials and significantly increase the durability of many objects. Regarding vehicles, coatings serve as corrosion protection. Furthermore, they can be self-cleaning and antibacterial. Ceresana ...

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Brenntag continues to grow in the third quarter and confirms forecast for full-year 2018

08-Nov-2018

Brenntag posted further growth in the third quarter of 2018, recording an increase in its two key performance indicators operating gross profit and operating EBITDA. In light of the generally sound performance, the Brenntag Group is confirming its forecast for full-year 2018. Brenntag generated ...

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ALTANA Invests in an Industrial Digital Printing Company

08-Nov-2018

The specialty chemicals group ALTANA invests in the Israeli industrial digital printing company Velox Ltd., expanding its technology and investment portfolio in this area. The parties have agreed not to disclose the investment amount. Velox has developed a digital technology for direct-to-shape ...

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LANXESS increases production volume of micronized iron oxide red pigments

29-Oct-2018

LANXESS continues to optimize its global production network for the manufacture of iron oxide pigments. Through targeted “debottlenecking” at the Krefeld-Uerdingen site, the specialty chemicals company has increased the product availability of its Bayferrox and Colortherm micronized red pigments ...

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BASF Group increases sales

Earnings below prior-year quarter

26-Oct-2018

In the third quarter of 2018, BASF Group sales rose by 8% year on year to reach €15.6billion. This was primarily attributable to higher sales prices in all segments. Volumes growth and the acquisition of the Bayer businesses in August 2018 also contributed to the sales increase. Negative ...

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Covestro: Solid results in an increasingly challenging market environment

Cost savings targeted at EUR 350 million per year

25-Oct-2018

Covestro continued its positive business performance in 2018 with a solid third quarter in an increasingly challenging market environment. Group sales grew by 4.8% to EUR 3.7 billion over the same quarter in 2017 thanks to higher selling prices and volumes sold. Core volumes were up marginally by ...

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WACKER Confirms Forecast of Higher Sales and EBITDA for Full-Year 2018

25-Oct-2018

In Q3 2018, Wacker Chemie AG increased sales and EBITDA year over year in its chemical business. Group sales and EBITDA, though, were lower on balance than last year, given the challenging market environment for solar silicon. The Munich-based chemical company posted sales of €1,242.7 million for ...

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Noble metal-free catalyst system as active as platinum

Affordable high-performance catalysts have come within reach

25-Oct-2018

The industry has been traditionally deploying platinum alloys as catalysts for oxygen reduction, which is for example essential in fuel cells or metal-air batteries. Expensive and rare, that metal imposes strict restrictions on manufacture. Researchers at Ruhr-Universität Bochum (RUB) and ...

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Sartorius continues to grow by double digits

Growth dynamics of the Lab Products & Services Division impacted by softer European demand

24-Oct-2018

Sartorius continued on the growth track, with double-digit gains in sales revenue and earnings. “In the first nine months of 2018, Sartorius achieved excellent organic growth,” said Dr. Joachim Kreuzburg, Chief Executive Officer. “This applies particularly to the Bioprocess Solutions Division, ...

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