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8,485 Current news from the ressort business & finance
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HQS Quantum Simulations closes seed financing round
22-Oct-2019
From the development of more powerful batteries to highly efficient solar cells, finding new materials with specific predefined properties is of critical importance. So far our ability to design new materials using simulation tools has been limited by the lack of sufficient computational power. ...
Sartorius continues on its dynamic growth track
21-Oct-2019
Sartorius performed dynamically in the third quarter as well, achieving double-digit growth rates in sales revenue, order intake and earnings in the first nine months. “Sartorius achieved significant double-digit growth rates in sales revenue and earnings for the first nine months of the year as ...
Merck Launches Seed Fund for Startups in China
RMB 100 million fund targets startups close to the three business sectors of Merck as well as new businesses
21-Oct-2019
Merck announced an RMB 100 million (€ 13 million) seed fund targeted at startups in China. The company also officially opened its innovation hub in Shanghai and announced plans to officially open a second innovation hub in Guangzhou in November. “Our RMB 100 million China seed fund underlines our ...
LANXESS planning AI-assisted formulation development for Urethane Systems
21-Oct-2019
LANXESS is broadening its use of artificial intelligence (AI) in product development. The specialty chemicals company has launched a project aimed at expanding its range of prepolymers. The goal is to offer customers tailor-made polyurethane systems with even shorter lead times, including for ...
ADNOC, Adani, BASF and Borealis sign Memorandum of Understanding to further evaluate collaboration for a chemical complex in India
Total investment estimated to be up to $4 billion
18-Oct-2019
Abu Dhabi National Oil Company (ADNOC), Adani Group, BASF SE and Borealis AG have signed a Memorandum of Understanding (MoU) to engage in a joint feasibility study to further evaluate a collaboration for the establishment of a chemical complex in Mundra, Gujarat, India.This is the next step of ...
WACKER Lowers Guidance for 2019
17-Oct-2019
Based on its latest estimates, Wacker Chemie AG expects several key financial performance indicators for 2019 to be lower than previously projected. Full-year Group sales are likely to be on par with last year (previous guidance: mid-single-digit percentage increase). EBITDA is anticipated to be ...
LyondellBasell Announces Construction of New Small-Scale Molecular Recycling Facility
17-Oct-2019
LyondellBasell announced that it is building a new small-scale pilot facility at its Ferrara, Italy site moving another step closer to converting post-consumer plastic waste into new plastics on a commercial scale. The company selected its Ferrara site for the pilot facility due to its long ...
CO2 for a clean performance: Rheticus research project by Evonik and Siemens enters phase 2
High-value specialty chemicals produced from CO2 and water using electricity from renewable sources and bacteria
14-Oct-2019
Evonik and Siemens launched their joint research project Rheticus II. The goal is to develop an efficient and powerful test plant that will use carbon dioxide and water as well as electricity from renewable sources and bacteria to produce specialty chemicals (CO2). In the Rheticus I project, the ...
Brenntag increases footprint in Brazil by acquiring Quimisa
10-Oct-2019
Brenntag has signed an agreement to acquire Quimisa SA including its logistics subsidiary Quimilog. The company headquartered in Brusque, Brazil, has a strong market position in providing industrial and specialty chemicals to regional and international clients in Southern Brazil. The product ...
Chemical industry: procurement is the most effective way to achieve carbon neutrality
10-Oct-2019
The majority of German chemical companies see the adjustment of their procurement strategy as a key way to successfully master the challenge of carbon neutrality and compensate for expected competitive disadvantages. Sustainability aspects are already a central decision-making factor in the ...
