The purchase will provide Houston-based Ascend with an engineering plastics manufacturing base in Europe and an expansion to its portfolio of proprietary compounds.
Lanxess’ decision to bolster its North American footprint comes after its 2017 acquisition of chemicals group Chemtura and its purchase of Solvay’s phosphorous chemicals business in 2018.
Effective September 1, industry veteran Cook will take the helm of the Spartanburg, S.C.-based specialty chemical maker.
JPMorgan, Morgan Stanley have been picked to advise on Aramco’s Sabic deal, news sources say.
In June, a judge ordered Nova to pay $1.06 billion to Dow Canada over an ethylene plant dispute in Joffre, Alta.
Sage, founded in 2009 and located in Greenville, S.C., is a Tier 2 supplier of seat fabric and other automotive interior applications.
The Barrie, Ont.-based company has partnered with DME-Milacron to distribute two new Fresh Start Polymers’ commercial purging compound grades in Canada.
Bolger, a 30-plus-year veteran of the colour and additive concentrate business, is the former CEO of Chroma Color Corp., which Carolina Color acquired last week.
In another step forward in its strategy to occupy the 3D printing materials market, chemical supplier BASF has purchased Advanc3D Materials GmbH in Hamburg, Germany and Setup Performance SAS in Lyon, France.
Chroma produces custom formulated masterbatch colours, dry colours, additive concentrates, and pre-colour compounds for the packaging, electronic, safety, automotive, recreational, medical, and consumer products industries.
DeKunder previously worked for more than two decades at petroleum refining company Total S.A., most recently as senior general manager, base chemicals for the Americas in Total’s refining and chemicals business.
Ineos is to build a massive new chemical plant in what it says is the industry’s largest investment in Europe in 20 years.
The target, Essen, Germany-based Evonik said, is to reduce costs by 200 million euros by the end of 2020, with about two-thirds of the cost savings coming from administration and a third coming from sales functions.
Propelled partly by demand for drainage bags, the market for medical fluid bags is set to surpass US$4.4 billion by 2024, according to research from Global Market Insights
Dow Canada alleged breach of contract against Nova over the operation of the E3 joint venture in Joffre, Alta.
The opening completes a multi-million dollar investment originally announced by Clariant last year.
LyondellBasell Industries and Odebrecht S.A., the controlling shareholder of Brazil-based Braskem SA, have confirmed that the companies have entered into exclusive talks regarding a potential merger that would give LyondellBasell a controlling stake in Braskem.
The transaction still requires regulatory approvals in the European Union, Russia, and from the Committee on Foreign Investment in the U.S.
Polymer maker Covestro LLC has officially started an expansion at its production facility in New Martinsville, W.Va. that will increase its annual production capacity of thermoplastic polyurethane (TPU) in North America by 25 per cent through debottlenecking.
Americhem described Prescient a leading Indian producer of high-end colour and additive masterbatches in several niche applications, including synthetic fibers, molding, and film applications.