LANXESS with stable development also in third quarter

Realignment of organometallics business

13-Nov-2019 - Specialty chemicals company LANXESS performed well again in the third quarter of 2019 – despite further deterioration of the economic environment. As expected, earnings in the third quarter were only slightly weaker than in the previous year. At EUR267 million, EBITDA pre exceptionals was 3.6 ...

A new catalyst for oil and gas processing

21-Nov-2017 - A team of scientists from the Research Institute of Chemistry (RIC) of RUDN University together with colleagues from major scientific centers created a new catalyst - a substance that activates oxidation processes in low-reactive components of oil and gas. The new method of hydrocarbon processing ...

LANXESS announces plan to acquire Chemtura

Expected annual synergies of EUR 100 million by 2020

27-Sep-2016 - LANXESS (FRA: LXS) reaches the next milestone on its growth path: The specialty chemicals company announced plans to acquire US-based Chemtura Corporation (NYSE: CHMT), one of the major global providers of high-quality flame retardant and lubricant additives. With the largest acquisition in its ...

Ambitious experiments cast light on far reaches of periodic table

24-May-2016 - A study of newly made chemical compounds is giving scientists a fresh understanding of an elusive element. Researchers made compounds of neptunium -- which is difficult to work with owing to its high radioactivity -- and examined them to learn more about its properties and behaviour. These ...

Mix and match MOF

10-Mar-2016 - Inexpensive materials called MOFs pull gases out of air or other mixed gas streams, but fail to do so with oxygen. Now, a team has overcome this limitation by creating a composite of a MOF and a helper molecule in which the two work in concert to separate oxygen from other gases simply and ...

Albemarle and TAYF Create Saudi Organometallic Chemicals Company (SOCC), a Strategic Catalysts Joint Venture

New 50/50 Joint Venture Will Build First World-Scale Organometallics Catalyst Plant in the Middle East

29-Oct-2009 - Albemarle Corporation announced that it will form a 50/50 joint venture with Ibn Hayyan Plastic Products Company (TAYF), an affiliate of Saudi Basic Industries Corporation (SABIC), called Saudi Organometallic Chemicals Company (SOCC). Under the terms of the joint venture agreement, the two parent ...

Albemarle Raises Prices of Aluminum Alkyls

20-Feb-2008 - Albemarle Corporation will increase the prices of the neat portion of all of its aluminum alkyl products by approximately 40 percent in the Middle East and 25 percent in the Americas effective April 1, 2008, or as contracts allow. Prices for solvent blends of organometallics also will be ...

FMC Lithium Announces Butyllithium Price Increase

17-Oct-2003 - Gastonia, N.C. -- FMC Lithium is implementing a price increase of three percent (3%) for all grades of butyllithium. The increase applies to all butyllithium pricing worldwide and takes effect on January 1, 2004, or as contracts allow. Rising energy and raw materials costs are factors ...

Sumitomo Chemical Sets Up Compound Semiconductor Material Companies

24-Feb-2003 - Sumitomo Chemical Co., Ltd. (Sumitomo) today announced that it has established two new companies to strengthen its MO epitaxial (MOEPI) wafer business in Japan and the U.S. With this move, the Company has positioned itself strategically for better response to versatile demand in the foreign and ...