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Partners intend to explore new business opportunities in battery materials
29-Oct-2018 - BASF and SINOPEC have signed a Memorandum of Understanding (MoU) in Beijing to further strengthen their partnership in upstream and downstream chemical production in China. The partners intend to build an additional steam cracker and to further expand their existing 50:50 joint venture, BASF-YPC ...
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 ...
29-Oct-2018 - Scientists at Stanford University have developed electrochemical cells that convert carbon monoxide (CO) derived from CO2 into commercially viable compounds more effectively and efficiently than existing technologies. Their research provides a new strategy for capturing CO2 and converting it into ...
29-Oct-2018 - About half a year before the start of analytica Vietnam, the trade fair for laboratory technology, analysis, biotechnology and diagnostics in Ho Chi Minh City is in greater demand than ever before. Now, by the end of Octo-ber, about 60 percent more exhibitors than in the same period of 2016 have ...
29-Oct-2018 - KOLON BASF innoPOM Inc., the 50:50 joint venture between KOLON PLASTICS and BASF established in 2016, started operations at its new polyoxymethylene (POM) production plant in Gimcheon, Korea. The new production with a capacity of 70,000 metric tons per year, combined with KOLON PLASTICS’ existing ...
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 ...
Mercury test of catalysts that has been considered universal for 100 years seems to be ambiguous
26-Oct-2018 - The mercury test of catalysts that has been used and considered universal for 100 years, turned out to be ambiguous. This conclusion was made by a group of scientists including a RUDN chemist. The group confirmed that the test required additional control experiments to verify its results. The ...
26-Oct-2018 - What would it take to meet the world's energy needs, sustainably, far into the foreseeable future? Perhaps creating energy the way the sun does, through nuclear fusion. Fission and fusion are very different nuclear reactions, according to Eugenio Schuster, Professor in the Department of ...
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 ...
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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