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Evonik invests in Biosynthetic Technologies

Biosynthetic Technologies markets biodegradable, high-performance lubricants


Evonik has closed on an equity investment in Biosynthetic Technologies, LLC (BT), a specialist in biobased lubricants headquartered in Irvine (California, USA). BT has developed and manufactures a new class of bio-based synthetic oils called estolides that are used primarily in the passenger car ...


BASF announces investments and new products for North American agriculture


BASF announced new investments and solutions that will help growers and partners in North America drive yields and efficiency. BASF will invest more than €200 million ($270 million) to expand production capacity for key herbicides dicamba and DMTA at the Beaumont, Texas site as well as upgrade ...


Merck Invests in Innovations


Following the conclusion of a record-breaking 2013, Merck is planning to invest in innovations to ensure operational growth in 2014 and the years to come. "2013 was an excellent year for Merck - all four divisions were successful," Executive Board Chairman Karl-Ludwig Kley said at the Annual ...


Initial energy efficiency index for the German Industry published

High sensitivity – little action


How energy-efficient is the production in German industry today? The Institute for Energy Efficiency in Production (EEP) at the University of Stuttgart is publishing the energy efficiency index of the German industry for the first time in cooperation with the Federal Association of German ...


Evonik to start up large-scale production facilities in 2014

Company to implement over €3 billion of its investment program by the end of 2014


Evonik Industries is to start up new facilities and production capacities, representing an investment volume of close to €1 billion, in high-growth emerging markets in 2014. "By the end of the coming year, we will have implemented over €3 billion of the total six-billion-Euro investments that are ...


Turkey: Rising demand for oil and gas will fuel automation and control systems


A robust Turkish economy, aided by a stable political establishment, is set to increase investments in the oil and gas industry and boost automation and control solutions (ACS) market growth. Compliance with new regulations governing oil and gas products is also poised to promote fresh ACS ...


Frost & Sullivan: Which are the emerging growth markets for nondestructive test inspection services?

Brazil and South Africa lead the way, while India and China offer long-term growth opportunities


The rapid expansion of key end-user industries, such as oil and gas and power generation, is encouraging investment in newer infrastructure, which is driving demand for nondestructive test inspection (NDT) services in the emerging markets of Brazil, South Africa, India and China. Of these, Brazil ...


Clariant Capital Markets Day focuses on further value creation


Clariant provided an update on its strategy to reach the mid-term targets 2015 on the occasion of its annual Capital Markets Day today. The focus of the event was on growth and innovation, substantiated by an insight into recent developments in Crop Care, Personal Care and Oil & Mining ...


AkzoNobel Chemical Island starts supply to single line pulp mill


AkzoNobel’s new €90 million Jupiá Chemical Island in Brazil is now operational and has started supplying the Eldorado Brasil Celulose pulp mill. Operated by the company’s Pulp and Performance Chemicals business, the state-of-the-art Jupiá facility represents one of AkzoNobel’s largest investments ...


Evonik invests in Emerald Cleantech Fund III


Evonik Industries strengthens its Corporate Venturing activities with an investment in the Cleantech Fund III of Emerald Technology Ventures Emerald invests in early and expansion stage companies in the energy, water, and materials sectors with particular focus on Europe and North America. ...


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