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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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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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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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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12-Jul-2019

The global chemical company Oxea has decided to further expand its production capacities for TCD Alcohol to meet market demand. Following a successful initial feasibility study, the Board of Directors approved the capacity increase investment for TCD Alcohol in Oberhausen, Germany. Basic ...

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New plant for fumed silica comes on stream in Antwerp

28-Jun-2019

Evonik has started up on schedule its new plant complex in Antwerp for production of fumed silica. With this, the specialty chemicals company can now serve the high demand for fumed silicas marketed under the AEROSIL® brand. Typical applications include paints and coatings, advanced adhesive ...

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25-Jun-2019

Dow held a groundbreaking ceremony for a new high-value silicone resin plant to be located at the Company’s manufacturing site in Zhangjiagang, Jiangsu, China. The new facility will significantly expand Dow’s global high-value silicone resin capacity to meet increased demand for the creation of ...

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13-Jun-2019

Simreka, simulation software that accelerates materials driven product and manufacturing process innovation using AI, announced that it has raised a seven figure seed financing round led by High-Tech Gruenderfonds (HTGF) with participation from the SAP.iO Fund. Simreka has built a powerful ...

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Chinese fund focuses on advanced materials and chemistry-related technologies

28-May-2019

BASF Venture Capital is investing in the Longwater Advanced Materials Fund. This private equity fund is managed by Longwater Investment, a pioneer growth capital investor in advanced materials and chemistry-related technologies in China. BASF Venture Capital is one of several Limited Partners; ...

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Mid-double-digit euro million sum to be invested

25-Apr-2019

BASF is investing a mid-range double-digit euro million sum in the modernization of its silica plant at the Düsseldorf-Holthausen site. The investment is earmarked for the modernization and improvement of existing facilities over the next ten years. “We want to continue serving our customers with ...

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