Press Releases
8 September 2023
Shoei Chemical, Inc., a leading advanced materials manufacturer, announced today that it, together with its North American subsidiary, Shoei Electronic Materials, Inc. (Shoei), has completed a definitive asset purchase agreement with Nanosys, Inc. (Nanosys) to acquire substantially all the assets associated with the Nanosys quantum dot business. As of September, 6, 2023, Nanosys’ sales and marketing teams, the world-class quantum dot research and development team, and its Silicon Valley
Read more...7 September 2023
Solenis, a leading global producer of specialty chemicals, recently implemented its SmartWash data-enhanced chemistry control solution to help a Nordic kraft pulp mill decrease costs and improve sustainability for its brownstock washing process. The customer, a world-leading manufacturer of liquid packaging board for food and beverage items, produces pulps in their integrated mill, where top-class raw materials are needed to make high-quality end products for users requiring high le
Read more...Leading specialty chemicals company Evonik and chemical and mineral specialties group LEHVOSS Group are entering into a strategic partnership in the field of industrial 3D printing. The core content of the collaboration consists of two key initiatives: Based on Evonik's PA613 polymer chemistry, LEHVOSS will develop its own 3D printing formulations under its own LUVOSINT® product branding. LEHVOSS will include Evonik's polymer powder INFINAM® PA 6005 P (PA613) in its own produc
Read more...7 September 2023
Operations have begun at leading chemical producer Qixiang Tengda’s new propylene oxide complex in Zibo City, China, using technology from Evonik and thyssenkrupp Uhde. The technologically integrated setup offers significant ecological and economic benefits compared to conventional production methods for propylene oxide. With the capacity to produce 300,000 tons of propylene oxide each year, the state-of-the-art complex involves two main plants: One is a world-scale HPPO facil
Read more...SLB (NYSE: SLB) has signed a subsurface technology partnership with INEOS Energy, the energy division of INEOS; a global chemical and manufacturing company. INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies, including AI capabilities, to help it drive operational performance for continued growth, new acquisitions, and Carbon Capture and Storage (CCS). “This subsurface technology agree
Read more...Hong Kong SAR, China-BASF has commenced construction of its syngas plant at the Verbund site in Zhanjiang, China. This world-scale syngas facility, fully integrated into the Verbund site, is scheduled to start up in 2025. BASF will adopt unique process concepts in the syngas plant to reduce carbon emissions compared to conventional syngas plants, contributing to BASF’s sustainability goals. The state-of-the-art facility will produce syngas and hydrogen for captive use within B
Read more...6 September 2023
Evonik is launching the first product from its new range of next generation of TEGO® RC solutions: TEGO® RC 2000 LCF. Made using recycled silicone feedstocks, the new release coating can be cured using either the less energy intensive UV LED or traditional UV Arc lamps, helping label producers lower their carbon footprint to meet growing sustainability ambitions. According to the FINAT RADAR 2023 report, published by the European Association for the Self-Adhesive Label Indus
Read more...6 September 2023
Chase Plastics announced today the expansion of its CP PRYME® product line to include CP PRYME® ECO thermoplastic resins. Like several products in the CP PRYME® lineup, the new offerings are manufactured from reprocessed materials, deemed appropriate for less stringent applications. “Chase Plastics has offered PIR and PCR products for over 30 years yet felt it necessary to bolster our sustainable product offering for our valued customer base,” said Chase Plastics&rsquo
Read more...The "Polymeric Foams: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Polymeric Foams Market to Reach $144.2 Billion by 2030 The global market for Polymeric Foams estimated at US$90.5 Billion in the year 2022, is projected to reach a revised size of US$144.2 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.
Read more...4 September 2023
Cabot Corporation., announced today that Erica McLaughlin, Executive Vice President and Chief Financial Officer, will present at the Jefferies Industrials Conference in New York on Thursday, September 7, 2023 at 10:00 am (ET). A live webcast of the presentation, along with the slides and replay will be available on the investor section of Cabot’s website http://investor.cabot-corp.com and at https://wsw.com/webcast/jeff286/cbt/1688995. About Ca
Read more...2 September 2023
Technip Energies, a leading Engineering & Technology company for the energy transition, and Versalis, Eni's chemical company, have signed an agreement aimed at integrating Versalis' Hoop® and Technip Energies' Pure.rOilTM and Pure.rGasTM purification technologies by developing a technological platform for the advanced chemical recycling of plastic waste. This project aims to create a theoretically endless plastic recycling loop, producing new virgin polymers suit
Read more...As per The Business Research Company's analysis, the chemical industry is poised for significant growth, with the market size projected to reach $6851.59 billion by 2027, demonstrating a robust Compound Annual Growth Rate (CAGR) of 7.8%. Notably, the prevailing low interest rates in most developed nations have played a pivotal role in fostering this growth within the chemicals market. This favorable economic environment has c
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