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Stora Enso invests in next-generation renewable, recyclable and biodegradable formed fiber solutions

14-Mar-2019

Stora Enso is investing EUR 5 million to build a new production line and related infrastructure to manufacture formed fiber products at Hylte Mill in Sweden. The formed fiber technology enables manufacturing of products that are designed for circularity, meaning that they are renewable, ...

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BASF expands innovation scope in Asia Pacific

14-Mar-2019

BASF is enhancing its regional innovation capabilities with new facilities at the Innovation Campus Shanghai, to further strengthen collaboration with the automotive industry and to offer new process catalysts to the chemical industry. With an investment of approximately €34 million, the new ...

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Bosch increases investment in startups

Robert Bosch Venture Capital launches Fund IV with 200 million euros

01-Mar-2019

Investments in startups are on the rise. In 2017, institutional investors and companies invested 147 billion euros in these enterprises – nearly three times as much as in 2012. Bosch, too, is increasing its investment in external startups, providing Robert Bosch Venture Capital GmbH (RBVC) with ...

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BASF’s investment into Alchemist Accelerator

Alchemist will fund digital startups driving growth of the chemical industry

21-Feb-2019

BASF Venture Capital is investing $2 million into Alchemist Accelerator’s fund, allocating at least half towards investments in 3D printing, agtech, material informatics, nutrition, and technology game-changers. This investment supports BASF’s strategy to leverage digital technologies to drive ...

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Plasmion’s sensor technology convinces investors

15-Feb-2019

Plasmion has successfully completed an investment round with strong consortium. In addition to the VC partners Bayrische Beteiligungsgesellschaft (BayBG) and High-Tech Gründerfonds (HTGF), an experienced business angel from the BayStartUP network is also on board. With SICRIT®, Plasmion has ...

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Evonik invests in start-ups

Evonik More Than Doubles Venture Capital to Accelerate Innovation

14-Feb-2019

Evonik has launched its second venture capital fund with a volume of €150 million, more than doubling the amount under management to €250 million. The new fund will help secure access to disruptive technologies and innovative business models as well as supporting Evonik’s digital transformation ...

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Volkswagen invests in US start-up Forge Nano

Forge Nano is investigating innovative coatings for battery materials

07-Feb-2019

The Volkswagen Group is investing US$10 million in the startup “Forge Nano Inc.” with a view to reinforcing its specialist knowledge in the field of battery research. Forge Nano is investigating a material coating technology that could further improve the performance of battery materials. As a ...

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BASF opens first phase of the new antioxidants manufacturing plant in Shanghai

25-Jan-2019

BASF inaugurated a new, world-scale antioxidants manufacturing plant at its Caojing site in Shanghai, China. With an annual capacity of 42,000 tons, the plant will produce antioxidants and associated forms and blends for the plastic additives market. The units for powder blending, liquid ...

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Nouryon opens new India HQ and research center

17-Jan-2019

Nouryon (formerly AkzoNobel Specialty Chemicals) has opened a new headquarters office and research center to support its operations in India. Located in Mumbai, the new location brings together research and sales as well as business support functions, and enables the company to better meet ...

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STOCKMEIER invests in search engine chembid

11-Jan-2019

The STOCKMEIER Group, one of the biggest family-run distributors in the European chemical sector, has become a shareholder of the German technology start-up chembid. The young company developed a global metasearch engine and online-platform for chemicals and related services, connecting buyers ...

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