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Evonik celebrates official groundbreaking ceremony of the new polyamide 12 complex in Marl

Evonik is investing over €400 million

18-Sep-2019

Specialty chemicals company Evonik has officially begun construction on its largest investment to date in Germany. Armin Laschet, the minister president of the federal state of North Rhine-Westphalia, and Christian Kullmann, the chairman of the executive board of Evonik Industries AG, stood in ...

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Covestro to sell European polycarbonate sheets business

Sale is part of Covestro’s efforts to optimize its portfolio

17-Sep-2019

Covestro has signed an agreement with Serafin Group for the sale of Covestro’s European polycarbonate sheets business, which comprises manufacturing units in Belgium and Italy, central management operations and sales support in Europe. The business generates total revenues of around EUR 130 ...

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WACKER Acquires a Stake in UK Battery Materials Specialist Nexeon

13-Sep-2019

Wacker Chemie AG is intensifying its research activities on silicon-based materials for high-performance batteries by taking a holding in Nexeon Ltd. The Munich-based chemical company announced that it is acquiring a 25 percent stake in the UK specialist for new battery materials. WACKER and ...

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Evonik expands capacity for high-purity C13 alcohol isotridecanol

12-Sep-2019

Evonik has expanded its production capacity for the high-purity C13 alcohol isotridecanol (ITDA) at the Marl Chemical Park. This will enable the specialty chemicals group to continue to build on its position as one of the world's most important manufacturers of this product, and to grow with its ...

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Climeworks AG and Antecy B.V. are joining forces

10-Sep-2019

Climeworks AG and Antecy B.V. share the same goal of removing climate-relevant amounts of CO2 from the atmosphere and joining forces renders this goal more achievable. The combination of their technologies will result in even more powerful solutions for both carbon dioxide removal, as well as ...

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New WACKER Production Plant for Dispersible Polymer Powders Goes on Stream in South Korea

04-Sep-2019

Following a construction phase lasting 20 months, Wacker Chemie AG has brought a new spray dryer for the production of dispersible polymer powders on stream in Ulsan, South Korea. The plant is part of an ongoing site expansion aimed at boosting the company’s production capacity for dispersions ...

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Evonik’s new natural-gas power plant will end coal-fired power generation in Marl

Saving up to one million metric tons of CO2

02-Sep-2019

Evonik is to install a new advanced high-efficiency gas and steam turbine power plant at Marl Chemical Park. The specialty chemicals group is thus, after more than 80 years, ending hard-coal based power and steam generation in Marl, which will reduce its CO2 emissions by up to one million metric ...

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Nouryon to double surfactants capacity in Sweden

30-Aug-2019

Nouryon will double capacity at its surfactants plant in Stenungsund, Sweden to support the growth of several existing products as well as new sustainable technologies for markets including oil and gas, lubricants and fuels, and asphalt. The €12-million expansion and upgrade project includes the ...

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DIC to acquire BASF’s global pigments business

30-Aug-2019

BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF’s global pigments business. The purchase price on a cash and debt-free basis is €1.15 billion. The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval ...

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Clariant to significantly expand production of maleic anhydride catalysts in China

29-Aug-2019

Clariant announced it will significantly expand the capacity of its catalysts production facility in Panjin, Liaoning province, Northeast China. A double-digit CHF million investment will further optimize the existing facility and enable the creation of a new state-of-the-art production line for ...

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