Borealis, OMV, electricity group Verbund and cement company Lafarge Zementwerke have signed a Memorandum of Understanding to plan and construct a full-scale carbon capture plant in Austria. The captured CO2 would be used to make synthetic fuels, chemicals or plastics.
After nearly a year of deliberation, Bayer has clinched a deal to settle three-quarters of its outstanding lawsuits from US plaintiffs who claim that Monsanto’s top-selling herbicide Roundup with the active ingredient glyphosate caused their non-Hodgkins lymphoma (NHL).
Steve Harrington, currently president Global Styrene Monomer and Asia-Pacific at Ineos Styrolution, has been appointed as the Germany-based styrenics manufacturer’s new CEO, succeeding Kevin McQuade, who has been named chairman of the company’s supervisory board.
Bayer has halted work on a $1 billion production facility for the herbicide active ingredient dicamba in the US state of Louisana but said the decision was not related to a court order mandating that the Environmental Protection Agency (EPA) vacate its approval of the crop protectant active ingredient.
Kurt Bock has been elected as new chairman of the BASF supervisory Board, succeeding Jürgen Hambrecht. His term will run until the end of the annual shareholders’ meeting in 2024.
Major construction and engineering group TechnipFMC has entered into a joint development agreement with Clariant Catalysts to commercialize the Swiss company’s new AcryloMax propylene ammoxidation catalyst to produce fiber intermediate acrylonitrile (ACN).
Syngenta Group was officially launched on Jun. 18. Swiss-based and Chinese-owned, the group consists of four business units: Syngenta Crop Protection headquartered in Switzerland; Syngenta Seeds headquartered in the US; Adama headquartered in Israel; and Syngenta Group China.
Air Products’ new steam methane reformer (SMR) and cold box have gone on stream at the Huntsman site in Geismar, Louisiana, USA. The US gases group built, owns and operates the facility under a long-term agreement, supplying carbon monoxide (CO), hydrogen and steam.
Markus Steilemann, CEO of German engineering plastics producer Covestro, has been appointed to a three-year term as president of PlasticsEurope, the association of plastics manufacturers in Europe.
As the global coronavirus pandemic shows no signs of abating, the US “America first” approach to preventing and treating Covid-19 has again provoked worldwide concern.
Danish biotech Novozymes has acquired Ireland’s PrecisionBiotics Group for €80 million on a cash and debt-free basis.
Agilyx has entered into an exclusive collaboration with engineering contractor TechnipFMC to jointly develop a process to purify Agilyx’s styrene oil to high-purity styrene.
Sanofi Pasteur, the vaccines global business unit of French drugmaker Sanofi, and Translate Bio, a clinical-stage messenger RNA (mRNA) therapeutics company, are formally expanding their existing 2018 collaboration and license agreement to develop mRNA vaccines for infectious diseases.
Ineos is buying BP’s global petrochemicals business for $5 billion (£4 billion) in what is being touted as the biggest deal since the coronavirus pandemic began circling the globe in winter and early spring this year.
It's that time again and our social media channels have once again reached new milestones.
BASF is starting pilot tests on a chemical recycling process for used PU mattresses at its Schwarzheide site in the German state of Brandenburg.
German biotech BioNTech, which is working on developing an mRNA vaccine against Covid-19 and has aligned itself with US pharma major Pfizer, this week raised $250 million (€223 million) in an offering that attracted Singapore state-owned private equity investor Temasek and other unnamed accredited investors.
With effect from May 1, 2020 the executive committee of the Louvain-la-Neuve, Belgium-based Minafin Group has appointed Bernhard Müller as Managing Director of its affiliate Minascent Technologies.
