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AkzoNobel has reached a €10.1bn agreement to fully divest its Specialty Chemicals business to US-based private equity firm The Carlyle Group and Singapore’s sovereign wealth fund GIC.
Japanese company Mitsui Chemicals has unveiled plans to establish a new facility in the US for the production of a soft resin known as Milastomer thermoplastic olefin elastomer.
Chemetall has opened a new laboratory at its 38,700ft² production and office facility in Queretaro, Mexico.
Wacker Metroark Chemicals has opened a new hydrosilylation plant for manufacturing functional silicone fluids at its Amtala site near Kolkata in the Indian state of West Bengal.
German speciality chemicals producer LANXESS has commissioned a new thermoplastic specialty compound production line at its site in Krefeld-Uerdingen, Germany.
Specialty chemicals company Evonik has unveiled plans to construct a new production complex for the high-performance polymer polyamide 12 (PA 12) in Germany.
Canada's Alberta Government is set to provide C$2bn ($1.5bn) in funding to support an expanded 'Petrochemicals Diversification Program' and a plan to ensure the necessary infrastructure for petrochemical feedstock.
UK-based project management Wood has secured a contract from Saudi Aramco and SABIC to develop a fully integrated crude oil-to-chemicals (COTC) complex in Saudi Arabia.
Italmatch Chemicals has acquired Chinese Jiayou Chemical from Ecolab for undisclosed amount.
Wison Petrochemicals has secured a construction contract worth $360m for the modularisation of the design and supply processes for a petrochemical project in Texas, US.
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