The acquisition is part of Covestro’s expansion plan for its TPU business.
The agreement will give M. Holland’s industrial manufacturing clients access to the expanding BASF 3D product portfolio.
The Houston-based polymer reseller and distributor has named Daniel Peretz as its new commercial director for Canada.
The deal, which is part of Ashland’s plans to focus on specialty chemicals, also includes the sale of its butanediol manufacturing facility in Marl, Germany.
Trained as a polymer chemist, Maine worked in Quebec and Ontario and was perhaps best known for his work on oriented polymer composites.
The US$80 million site in Zhangjiagang, Jiangsu Province is expected to become operational in 2020 with expansion through 2023.
In the first phase of the partnership, the companies will start replacing fossil-based ethylene and propylene used in Clariant’s hot-melt adhesives with monomers derived from Neste’s renewable feedstock.
The purchase was made by LCY’s green sciences division, LCY Biotechnology, and includes BioAmber’s shuttered plant Sarnia, Ont.
The purchase of Cheonan, South Korea-based DYM Solution is intended to expand Borealis’ Asian manufacturing base.
Specialty chemical maker Vertellus Holdings LLC has named former PolyOne Corp. executive John Van Hulle as its new CEO. In a statement, Indianapolis, Ind.-based Vertellus said Van Hulle brings more than three decades of leadership experience in the specialty chemical…
The 47-year-old victim was killed on Oct. 24 after being pinned by a drum dumper, which loads material into a hopper, at Dow’s polyethylene plant in Red Deer.
The decision is part of the German plastics and chemicals firm’s plan to save 350 million euros by 2021.
Headquartered in New York City, Arsenal has previously built Accella Performance Materials, a polyurethanes systems company, through nine strategic acquisitions, and Elite Comfort Solutions, a manufacturer of specialty polyurethane foam technologies serving the bedding market.
The project, which is expected to cost approximately US$1.72 billion, is the largest single investment in Covestro’s history.
Celanese expects to operate Next Polymer’s thermoplastic compounding product portfolio and production capabilities within the company’s engineered materials business.
Kadri, 49, will begin training with outgoing CEO Jean-Pierre Clamadieu in January and officially take over the spot on March 1, 2019.
The plant – which will have a targeted production capacity of 750,000 tonnes per year – is scheduled to start up in the first half of 2022.
The new unit will use Borstar technology and more than double the site’s polyethylene capacity to 1.1 million tonnes per year, with a start-up scheduled in 2021.
Petruch assumes leadership of Parsippany, N.J.-based Sun Chemical after serving as president of Sun Chemical Performance Pigments and general manager of the Pigments Products Division since 2008.
France-based Nakan has eight production facilities worldwide and makes products used in the automotive, building and construction, and medical industries.