Press Releases

Sealmatic India Ltd a prominent player in the mechanical seal industry, is proud to announce that it has secured the most prestigious order for mechanical seals and supply systems from a key Original Equipment Manufacture Kirloskar Ebara Pumps Pvt Ltd, through Engineers India Ltd for the Mongol Refinery project. Valued at an impressive Rs 15 crores, this order is a significant milestone in Sealmatic's history. The project encompasses the supply of 247 nos of mechanical seals and

Asahi Kasei Medical's U.S. subsidiary Bionova Scientific, a full-service biologics CDMO, has decided to launch a new business line providing services leveraging plasmid DNA, and establish a dedicated facility for this purpose in Texas, the U.S. The bioprocess business of Asahi Kasei Medical is one of the 10 Growth Gears (GG10), businesses to lead the next phase of growth, under the Asahi Kasei Group’s medium-term management plan focused on the theme “Be a Trailblazer

Westlake Chemical Partners today provided the following information regarding 2023 investor tax reporting: As previously noted in the 2023 Investor Tax Reporting Package for our unitholders’ investment in Westlake Chemical Partners, LP, the Partnership will report items of international tax relevance to our partners on Schedule K-3 for tax year 2023. As we disclosed in our quarterly distribution press releases, all of our income is effectively connected with a United States tr

This year’s report focuses on the progress of the medium-term management plan “PASSION 2026,” which started in fiscal 2022. “PASSION 2026” is a plan to realize the long-term vision “Kuraray Vision 2026” and our Sustainability Long-Term Vision. In “PASSION 2026,” the Kuraray Group has identified “Our Challenges,” three initiatives aimed at achieving sustainable growth that the report introduces along with messages from and inter

LyondellBasell and Alujain Corporation today announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company by LYB from Alujain. The joint venture is enabled by LYB Spheripol polypropylene (PP) technology and positions LYB to profitably expand its core PP business by gaining access to advantaged feedstocks and additional product marketing volumes. "This investment in NATPET reflects our commitment to gro

CVD Equipment Corporation a leading provider of chemical vapor deposition and thermal process equipment, announced today it had appointed Andrew Africk to its Board of Directors. The Board of Directors also approved an expansion of the number of directors from the current level of six to seven. "We are delighted that Mr. Africk has agreed to join our Board,” said Lawrence J. Waldman, Chairman of CVD Equipment Corporation’s Board of Directors. “We appreciate hi

Gunze Limited  is pleased to announce that Gunze, in cooperation with Pietro Co., Ltd and Fuji Seal Inc., will provide GEOPLAS®, a resource recycling   shrink film for some Pietro dressing products. The company will work to realize a sustainable society by creating recycled labels from ink-releasable labels and recycling them horizontally. About label-to-label technology This technology removes the printed ink from used packaging labels and r

Global chemical company OQ Chemicals has lifted its force majeure declaration for all products from its German plants in Oberhausen and Marl. This follows the successful resumption of operations earlier this month. All plants are now fully operational and producing at nameplate capacity. During the operational pause, OQ Chemicals implemented strategic enhancements to optimize production processes. The force majeure was initially declared due to a disruption at a raw materi

Diversified global manufacturer Milliken & Company has been recognized as one of the 2024 Top 100 Global Most Loved Workplaces, an annual list curated by Newsweek in collaboration with the Best Practice Institute The certification is determined based on the responses of thousands of employees across the globe who rate their workplace culture, and takes into consideration factors including employee engagement, leadership, company values, and the overall environment. "We are

LO3 Capital, a private investment firm providing transformative capital to lower-middle market companies, announced today a senior subordinated debt and equity investment to support NewCo Plastics acquisition of Magenta LLC and its affiliates, Permian Plastics LLC, and MM Plastics LLC NewCo, a platform formed by White Wolf Capital Group is a vertically integrated provider of custom plastic injection molded parts and custom molds based out of Lockport, Illinois. NewCo's acquisiti

Sunrise Group, a leading operator in chemical distribution, has generated US$4.26-billion in sales and secured eighth place on the ICIS Top 100 Chemical Distributors list - including second place within the Asia-Pacific region. Management at the company has lauded the effort of employees and said recognition by the ICIS is the result of hard work, dedication and commitment. The accolade is significant because this is the third time it has been shortlisted in the global top ten list.

SK chemicals is actively targeting the global cosmetic container market with Circular Recycle materials. SK chemicals announced on the 27th that it participated in China Beauty Expo 2024, held at the Shanghai New International Expo Center from the 22nd to the 24th. China Beauty Expo is Asia's largest beauty exhibition, where global cosmetic brands, manufacturers, distributors, and related organizations participate to showcase the latest trends, technologies, and products. This y