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Dow holds groundbreaking ceremony for new silicone resin plant in China

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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Simreka closes a seven figure financing

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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BASF invests in Longwater Advanced Materials Fund

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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BASF invests in silicate-based specialty chemicals business

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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Sumitomo Chemical starts production at its electronic materials JV in Changzhou National Hi-Tech District

24-Apr-2019

Japan's Sumitomo Chemical Corporation and Dongwoo Fine-Chem, Sumitomo Chemical's subsidiary located in Korea, has invested US$150 million into the project. Designed to produce high-purity chemicals required in the semiconductor manufacturing process with an annual capacity of 79,800 tons, Sumika ...

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BASF invests in quantum computing startup

Applications of quantum computing offer opportunities to meet the challenges of the chemical industry

18-Apr-2019

BASF Venture Capital is joining a group of prominent investors in the Series A investment round of Zapata Computing, Inc. Headquartered in Cambridge, Massachusetts, Zapata is developing both a powerful software platform as well as specific applications for Global 1000 companies to effectively ...

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BYK is expanding its presence in Asia through a significant investment in China

BYK Opens New Site in Shanghai

11-Apr-2019

BYK is expanding its operations in the Shanghai region to meet the anticipated growth in demand in the key Chinese market. The Asia region accounts for one third of sales, and has made a substantial contribution to BYK in past decades. “The new site will significantly enhance our presence in the ...

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Nouryon starts production of new dibenzoyl peroxide in Mexico

10-Apr-2019

Nouryon (formerly AkzoNobel Specialty Chemicals) has started production of a new version of its dibenzoyl peroxide (BPO), Perkadox GB-50, at Los Reyes, Mexico. It is the first dry BPO on the market that does not use the desensitizing agent dicyclohexyl phthalate (DCHP), which the European Union ...

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Oculyze receives investment boost

01-Apr-2019

Oculyze announced that it had secured a seven figure investment from Constantia New Business (CNB) GmbH headquartered in Vienna, Austria. CNB is a venture capital investor working with high-tech startups inspired by the idea of creating impactful companies and joins Oculyze’s existing investor ...

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Merck Plans to Invest € 1 Billion at the Darmstadt Site

Employment guarantee extended until the end of 2025

21-Mar-2019

Merck announced that the company management and the Joint Works Council have signed a comprehensive agreement applicable to the Darmstadt site. The aim is to secure the future viability of company headquarters as a central science and technology hub and to further expand it. For this purpose, ...

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