August's top stories: Royal DSM's 1,000 job cuts, CF Industries’ $8bn OCI deal
Royal DSM is planning to cut between 900 and 1,100 full-time jobs, CF Industries agreed to buy part of OCI in a deal valued at $8bn, two major explosions at a chemicals warehouse in China have killed at least 44 people, leaving more than 500 injured. Chemicals-technology.com wraps-up the key headlines from August 2015.
Dutch life sciences and materials sciences firm Royal DSM plans to cut between 900 and 1,100 full-time jobs.
About half of the jobs are in the Netherlands, and the adjustments will be fully implemented by the end of 2017.
Changes are expected to result in structural savings of €125m to €150m. One-off restructuring charges are estimated at €150m to €175m before tax.
Royal DSM plans to tighten its costs to achieve efficiencies and stronger business. It is also developing a business enhancement and efficiency programme for the nutrition business.
US-based CF Industries signed an agreement to buy part of Dutch fertilisers and industrial chemicals producer OCI in a deal valued at $8bn, including $2bn of debt.
Under the terms of the deal, CF will buy OCI's European, North American and Global Distribution businesses to create a largenitrogen producing company.
The transaction includes OCI's nitrogen production facilities, which are located in Geleen, Netherlands, and Wever, Iowa.
Researchers from Massachusetts Institute of Technology (MIT), and other institutions, have achieved a breakthrough in the understanding of the interlink between the catalysis and wetting processes, which will help design new catalysts.
As part of the study, the team considered a class of oxides called perovskites, which are used in applications such as gas sensing, water purification, batteries, and fuel cells.
They used an ambient pressure X-ray photoelectron spectroscopy system to study the surfaces of materials.
The device is designed to study the reactions in humid air, at room temperature, and with varying water vapour levels.
German specialty chemicals firm Lanxess started a carve-out process to transfer its rubber business to a legally independent business entity within its group.
The new entity is expected to include the tire and specialty rubbers and high performance elastomers business units.
It will have 20 production plants and around 3,700 employees, as well as supporting administrative employees.
Speciality chemicals company Clariant introduced a new sugar-based surfactant, named Hostafrac SF 13213, a chemical flowback aid for hydraulic fracturing.
By lowering the fluid's surface and interface tension, the new sustainable surfactant increases the flowback of the hydraulic fracturing fluid.
According to the Swiss company, the surfactant will increase fluid recovery levels to as high as 87% and also reduces the formation damage caused by emulsification of the fracture fluids in the reservoir.
CHS signed a deal to acquire a minority equity interest in CF Industries' subsidiary, CF Industries Nitrogen, for $2.8bn.
The companies will also enter into a supply agreement under which CHS will purchase up to 1.1 million tonnes of granular urea and 580,000t of urea ammonium nitrate (UAN) a year.
CHS will also be eligible to receive semi-annual profit from CF Nitrogen.
The US Department of Energy's BioEnergy Science Center developed a microbe, which is claimed to increase isobutanol yield ten-fold.
The latest breakthrough follows the first genetically engineered microbe to produce isobutanol directly from cellulose.
UCLA's Henry Samueli School of Engineering and Applied Science co-author James Liao said: "When we reported our initial finding four years ago, we were using Clostridium celluloyticium, which is a less complex organism from a metabolic engineering perspective.
"With this paper, we have successfully engineered similar traits in the much higher yielding Clostridium thermocellum, and that has taken us to new levels of consolidated bio-processing efficiency."
Two major explosions at a chemicals warehouse north-east of Tianjin, China killed at least 44 people, leaving more than 500 injured.
The Ruihai Logistics-owned facility stores various dangerous and toxic chemicals, including butanone, sodium cyanide and compressed natural gas, reported China Central Television (CCTV).
Buildings, office blocks and other property within a 2km radius from the blast site were destroyed.
Specialty inorganic performance chemicals producer PQ agreed to merge its operations with Eco Services Operations.
Planned to be operated under the PQ Corporation name, the combined company will be a major inorganic specialty materials and catalysts producer. It will be headed by PQ president and CEO George Biltz.
Existing shareholders and equityholders of PQ and Eco Services will remain with the combined business.
BASF unveiled plans to expand chelating agents production facilities at its site in Ludwigshafen, Germany to meet the increasing demand for its products.
The chelating agents are used to produce detergents and cleaners. They are said to reduce the concentration of water hardness ions in aqueous solutions.
BASF offers a special high-performance alternative to phosphate, readily biodegradable Trilon M (methylglycinediacetic acid).
BASF Europe home care and formulation technologies senior vice-president Jens Kroker said: "The market for more environmentally friendly detergents and cleaners is growing substantially.
"The expanded capacities for chelating agents at our Ludwigshafen site enable us to respond to the increasing demand in Europe."