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LAUDA expands headquarters with office space

Visible sign of growth

30-Jul-2021

With a symbolic laying of the foundation stone, LAUDA DR. R. WOBSER GMBH & CO. KG celebrated the official start of construction for an extension to an existing office building. When the office building with production hall was erected and completed in 2008, an extension had already been planned, ...

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WACKER Presents Innovation Award for Novel Manufacturing Process for Polymer Dispersions

29-Jul-2021

WACKER has presented an in-house German-Chinese team with the 2021 Alexander Wacker Innovation Award for developing and launching a novel process for producing vinyl acetate-ethylene (VAE) polymer dispersions. The team – consisting of Henry Chen, Zhong Chen, Dr. Bernhard Eckl, Wilhelm Kaiser, ...

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Brenntag strengthens its Specialties business in Asia Pacific by closing two acquisitions

Closing of two acquisitions

29-Jul-2021

Brenntag made further important steps in strengthening its business in China with the closing of two acquisitions within its Specialties division. On July 23, the acquisition of the first tranche (67%) of food ingredients specialist Zhongbai Xingye has been closed. The closing of the second ...

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Cycle for sustainable plastics

Carbon-containing gases from steel production as a source of raw materials: Covestro starts up mini-plant

14-Jul-2021

On the path to climate neutrality, the development of new raw material sources is of central importance. The Carbon2Chem project is investigating, among other things, where cross-sector networking between the steel and chemical industries is possible. The German government is funding the project ...

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BASF and Clayton, Dubilier & Rice to sell Solenis

Closing of the transaction expected before the end of 2021

08-Jul-2021

BASF and Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity, a California-based private equity company founded in 1995. The transaction implies an enterprise value for Solenis of $5.25 billion, which includes net debt of around $2.5 billion, subject to ...

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BASF expands chemical catalyst recycling capacity and capability

BASF acquires Zodiac Enterprises LLC assets in Caldwell, Texas

06-Jul-2021

BASF has expanded its chemical catalyst recycling capacity and capability with the acquisition of Zodiac Enterprises LLC in Caldwell, Texas. The site recycles precious metals from industrial scrap, primarily chemical catalysts, and will complement BASF’s existing precious metal recycling ...

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Watson-Marlow Fluid Technology Group wins Best Business Award

01-Jul-2021

Watson-Marlow Fluid Technology Group (WMFTG) is delighted to announce it has been named winner of the Best Employer category at the 2021 Best Business Awards(BBAs). WMFTG has always strived to be a desirable place to work, and its teams work tirelessly to create innovative strategies to ensure ...

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AkzoNobel to acquire Grupo Orbis and expand position in South and Central America

01-Jul-2021

AkzoNobel is to furtherexpanditslong-termposition in Southand Central Americaafter reaching an agreement to acquire Colombia-based paints and coatings company Grupo Orbis. Completion is subject to regulatory approvals andisexpected by end of this year,orinearly 2022. Financial details ...

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Successful exit: Schunk Group takes stake in Pulsar Photonics

Laser micromachining with ultrashort pulse lasers

28-Jun-2021

The exit is a perfect match for High-Tech Gründerfonds (HTGF), bringing together an international tech company with over a 100-year history and a start-up that will benefit from each other’s strengths. "For Schunk, the ultrashort-pulse laser technology represents a technological expansion that ...

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WITec joins Oxford Instruments

22-Jun-2021

The management team of WITec GmbH announced that WITec was acquired by Oxford Instruments plc, a UK based company that has a great reputation in the scientific community, and in the future will be part of their Materials Analysis Group. WITec’s founders Dr. Joachim Koenen and Dr. Olaf Hollricher ...

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