Press Releases

Evonik and BASF have announced an agreement for the first delivery of BASF’s ammonia BMBcertTM grade. This continued collaboration highlights the commitment of both companies to providing products with a reduced product carbon footprint (PCF). With its ammonia BMBcert, BASF offers Evonik a solution with a PCF that is at least 65% lower than conventional products*. Both, BASF and Evonik are broadening their product portfolios by introducing ammonia-based products that utilize a

Specialty chemicals company LANXESS today signed a contract to sell its Urethane Systems business to Japanese UBE Corporation. The enterprise value amounts to €460 million with expected proceeds of around €500 million. With this transaction LANXESS exits the last remaining polymer business. The Urethane Systems business comprises 5 manufacturing sites globally as well as application laboratories in the USA, Europe and China. UBE Corporation will take over all operations fr

When going on excursions, tours and trips by bike, the need for drinks is often underestimated. According to the Baden-Württemberg regional association of the German Cyclists Association (Allgemeiner Deutscher Fahrrad-Club e. V. or ADFC), the body needs fluids after just half an hour's ride. Preferably from light and sturdy plastic bottles. According to the ADFC, glass bottles pose various dangers when cycling. Refuel" after just 30 minutes, according to the AD

SLB is among the 2024 Reuters Sustainability Awards finalists in the Net Zero: Supply Chain Decarbonization category. The Reuters Sustainability Awards celebrate leadership in sustainable business. The supply chain decarbonization category showcases sustainable supply chain practices and highlights how companies are managing and transforming their supply chain to reduce GHG emissions. Finalists were selected from over 700 entries in 17 categories, with seven finalists in the supply

The UK Government has pledged up to £21.7bn in funding for the country’s first two major carbon capture and storage clusters – HyNet in Merseyside and the East Coast Cluster on Teesside.   In addition to capturing carbon dioxide from industry, both clusters intend to produce low carbon hydrogen to decarbonise hard-to-abate sectors. Johnson Matthey’s Low Carbon Hydrogen Technology is at the heart of both major projects, converting natural gas into hydroge

The excitement of game day is about to get even bigger. As Marathon Brand renews its role as the Official Fuel of the Big Ten Conference and Presenting Sponsor of the Big Ten Network ™, the company is celebrating not only its ongoing partnership but also the conference’s historic expansion.  This season, the Big Ten welcomes four new West Coast powerhouses: the University of Washington, University of Oregon, University of California, Los Angeles (UCLA) and Universit

RadiciGroup, Acerbis and Genny Factory SA have proudly announced their collaboration on the creation of a self-balancing personal transporter, a two-wheeled electric vehicle designed to redefine mobility standards from the medical sector to urban micromobility. Thanks to the teamwork among the three companies, this new vehicle combines aesthetics, functionality and accessibility to meet the growing demand for innovative sustainable mobility solutions. For years, Genny Factory SA has

Evonik Oxeno is significantly expanding its production capacities for the INA-based plasticizers, ELATUR® CH (DINCH) and ELATUR® DINCD. These products, introduced in recent years, have both now established themselves as new standard plasticizers with Evonik Oxeno customers. “The capacity expansion marks another important milestone in the diversification of our plasticizer portfolio,” said the managing director of Evonik Oxeno, Frank Beißmann. “To meet

Aramco, one of the world’s leading integrated energy and chemicals companies, today announced the completion of a $3 billion international sukuk issuance, comprised of two US dollar-denominated tranches.  The tranches are split as follows: $1.5 billion maturing in 2029, carrying a profit rate of 4.25% per annum; and $1.5 billion maturing in 2034, carrying a profit rate of 4.75% per annum. The issuance was pri

LG Chem announced on the 1st that its Platform Technology R&D team, under the CTO division, has developed a temperature-responsive Safety Reinforced Layer (SRL), a material designed to suppress thermal runaway. In collaboration with Professor Lee Minah’s team from the Department of Battery Science at POSTECH, the material was analyzed, while the safety verification was conducted in partnership with LG Energy Solution. The research findings were published online in the September edit

BASF scientists will bring their research and innovations in personal care at the 34th Congress of the International Federation of Societies of Cosmetic Chemists (IFSCC), dedicated to international cooperation in cosmetic science and technology. This year's event, organized by the Brazilian Association of Cosmetology (ABC), will be held in Foz do Iguaçu, Paraná, Brazil, from October 14th to 17th.  According to Fábio Cahen, Director of Personal Care at B

With today’s presentation of its corporate strategy, BASF is setting a new direction: “Our ambition is to be the preferred chemical company to enable our customers’ green transformation,” says Dr. Markus Kamieth, BASF’s Chairman of the Board of Executive Directors, during his keynote at the Capital Markets Day in Ludwigshafen: “The strong and broad portfolio of chemical businesses at our core is what makes BASF most relevant to customers globally, across a