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Evonik Appoints Max Preisenberger as New Head of Catalysts Business

19.01.2024 -

Evonik has appointed Max Preisenberger as the new head of the company’s Catalysts business line.

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LyondellBasell to Acquire 35% of Saudi Arabia-based Natpet

18.01.2024 -

LyondellBasell (LYB) has agreed to acquire a 35% stake in Saudi Arabia-based National Petrochemical Industrial Company (Natpet) from Alujain for approximately $500...

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Italmatch Acquires the Majority of Brazil’s Alcolina

17.01.2024 -

Italian specialty additives manufacturer Italmatch Chemicals agreed to purchase the majority of shares of Alcolina, a Brazilian chemicals company specialized in water...

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Shell to Sell Nigeria Onshore Subsidiary for $1.3 Billion

17.01.2024 -

Following its long-term goal of extracting itself from a challenging operating environment in the Niger Delta, Shell agreed to sell its Nigerian onshore subsidiary Shell...

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IFF Appoints J. Erik Fyrwald as Next CEO

16.01.2024 -

International Flavors & Fragrances (IFF) has appointed J. Erik Fyrwald as next CEO and member of the company’s board of directors, effective Feb. 6, 2024. He will succeed...

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WuXi Biologics Expands Production Capacity at Massachusetts Site

15.01.2024 -

China-headquartered contract research, development and manufacturing organization (CRDMO) WuXi Biologics plans to increase the manufacturing capacity of its US facility...

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Solenis to Expand in Virginia

12.01.2024 -

Solenis to invest €176 million ($193 million) in City of Suffolk facility expansion. The company will build a new 7430-square-meter (80,000-square-foot) production...

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Arkema Acquires a Stake in Battery Start-up Tiamat

12.01.2024 -

French chemical producer Arkema announced that it will become a shareholder of Tiamat, a start-up that designs, develops, industrializes and markets sodium-ion batteries...