Clariant closed on Apr. 3 the sale of its North American land oil business to Indian specialty chemicals manufacturer Dorf Ketal for $14.5 million. The Swiss group said the divestment is a further step to structurally improve its portfolio and sustainability profile.
Saudi Aramco and DHL Supply Chain have signed an agreement to set up a new procurement and logistics hub in Saudi Arabia. The facility would be the first in the region to cater to customers in the industrial, energy, chemical and petrochemical sectors.
SABIC has announced it is planning to build three new plants in Saudi Arabia to produce catalysts used in the manufacture of chemicals and polymers.
Dutch specialty chemicals producer Nouryon is expanding its Application Development Centers in Deventer, the Netherlands, and at Chattanooga in the US state of Tennessee to offer advanced technical service capabilities dedicated to cleaning in Europe and North America.
The International Chemical Secretariat (ChemSec), a Swedish NGO that advocates for reducing the production and use of hazardous chemicals, has added 370 new per- or poly-fluorinated alkyl substances (PFAS) — also known as “forever chemicals” — to its Substitute It Now (SIN) List.
Italian multinational specialty chemicals company Italmatch has acquired Aubin Group from investment firm BGF, its owner since October 2013. Financial terms of the transaction were not disclosed.
“68% of chemicals worth $76 billion will be sold online within the next five years.” This was the message from leading market research institutes and consultants in 2000, at the start of the new millennium.
Chemondis is the B2B online marketplace for the chemical industry, connecting buyers and suppliers and helping them to benefit from the digitalization of both sales and purchasing processes, including research, negotiations and more.
Virtually all areas of our lives would be inconceivable without products that come directly or indirectly in contact with chemical production: It affects the modern office environment, our private lives and thus our well-being and life fulfilment including health, leisure and personal protection.
The German startup Chembid, which operates a metasearch engine and online platform for chemicals, is extending their service with the launch of the new in-house marketing agency ChembidX.
The traditional business model of chemical distributors is currently fundamentally challenged on one side by digitally enabled activities from principals, logistics providers, customers, start-ups, larger chemical distributors or combinations of smaller players, who try their own online channels, and on the other side by general e-retailers like Alibaba or Amazon, who explore to enter also into chemical & material categories.
