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LANXESS completes capacity expansion for high-performance plastics in the USA

Investment of around USD 15 million

11-Jan-2016

Specialty chemicals company LANXESS has started up a second production line for high-performance plastics compounding at its facility in Gastonia, North Carolina, as planned. The new line represents an investment of about USD 15 million and doubles the site’s production capacity from 20,000 to ...

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BASF expands scope of innovation

Focus on Asia-Pacific region

10-Nov-2015

BASF is substantially expanding the scope of its research and development (R&D) capabilities in Asia Pacific, with a series of initiatives to bring innovation closer to customers in the region. Overall, BASF aims to locate around a quarter of its global R&D activities in Asia Pacific. The second ...

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New site agreement for BASF SE

No forced-redundancy commitment extended

22-Oct-2015

Company and employee representatives at BASFSE in Ludwigshafen signed a new site agreement. The agreement, titled “Meeting the challenges of constant change together,” applies to the approximately 36,000 employees of BASFSE at the site. It will run for five years (from January1, 2016 until ...

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New production process for synthesis gas by Linde

Investment in Pullach location

16-Oct-2015

Technology company The Linde Group officially opened the new Linde Pilot Reformer research facility at Pullach near Munich – Linde’s largest location worldwide. The event was attended by customers, partners and employees. Linde has invested approximately EUR 5 million in total to expand Pullach’s ...

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Evonik opens new plants in Marl, Germany

Long-term supply relationship with BP in Gelsenkirchen

02-Sep-2015

Evonik Industries has started up new production plants for C4-based products in the Marl Chemical Park, Germany. These were formally opened in the presence of Hannelore Kraft, Minister-President of North Rhine-Westphalia, and Klaus Engel, Chairman of the Executive Board of Evonik Industries. This ...

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Bilcare Research to invest 15 Million Euro at its manufacturing site Staufen

06-Aug-2015

In order to continuously support the growth of theshrink films market and its customers Bilcare Research invests in a state-of-the-art extrusion- and stenter-line at the manufacturing site in Staufen, Germany. The company decided for SML Maschinengesellschaft, Lenzing, Austria and Brückner ...

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SiVance, LLC Opens State-of-the-Art R&D Lab for Specialty Silane and Silicone Technologies

23-Apr-2015

SiVance, LLC, a subsidiary of Milliken & Company, announced the opening of a new, 11,000 sq.ft. research and development (R&D) laboratory, on the company's R&D and manufacturing campus in Gainesville, Fla., that will enhance its ability to quickly develop and scale new silane and silicone ...

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Petrochemical companies show confidence in the Port of Antwerp with billion-dollar investments

22-Jan-2015

As well as having a record year in terms of freight volumes handled, Port of Antwerp was delighted in 2014 that several leading energy companies announced record levels of investment in the port. Both ExxonMobil and TOTAL will be making huge strategic investments in Antwerp and meanwhile, the ...

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Evonik invests in German operations

New large-scale industrial plants at Marl and Wesseling

04-Sep-2014

Evonik is investing in its German operations with new large-scale industrial plants, capacity expansions, and new research centers. The company plans to invest some two billion Euros of the extensive investment program it has developed as part of its growth strategy from 2012 to 2016 in Germany. ...

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BASF increases earnings considerably in the second quarter due to higher volumes

EBIT before special items €2.1 billion (plus 12%)

28-Jul-2014

BASF’s business developed positively in the second quarter of 2014. At €18.5 billion, sales rose by 1% compared with the same period of the previous year. “This was largely the result of higher sales volumes in our chemicals business, which comprises the Chemicals, Performance Products and ...

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