investment

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08.07.2024 • News

AkzoNobel Invests in Chinese Site to Meet Coatings Demand

A newly updated and automated production line is operational at AkzoNobel’s Suzhou site in China. The improvements are part of a €14 million investment to accelerate growth and double the plant’s marine and protective coatings capacity by 2025.

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02.07.2024 • News

Navin Molecular Plans €32.6 Million Expansion of GMP Manufacturing

Navin Molecular, an Indian-headquartered CDMO with small molecule development and manufacturing capabilities, recently announced a Rs 288 Crore (approximately €32.6 million/$35 million) investment to construct a 9,000 m2 GMP manufacturing plant in Dewas, India. The new facility will nearly double the overall capacity at the site to 420 m3. It will support existing commercial-scale projects and meet future demands as the company continues to expand its global customer base.

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28.06.2024 • News

Trinseo Opens Next-Gen Depolymerization Facility in Italy

Specialty material solutions provider Trinseo recently announced the opening of its polymethyl methacrylate (PMMA) depolymerization facility in Rho, Italy. The pilot facility demonstrates the company’s commitment to sustainability by advancing next-generation recycling technology for acrylic solutions, in line with Trinseo’s 2030 Sustainable Product Portfolio Goals.

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28.06.2024 • News

Veranova Expands ADC and HPAPI Capabilities in the US

US contract development and manufacturing organization (CDMO) Veranova has initiated an expansion of its antibody-drug conjugate (ADC) and highly potent active pharmaceutical ingredient (HPAPI) development and manufacturing capabilities at its US facility in Devens, Massachusetts.

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18.06.2024 • News

Fujifilm Completes New Semiconductor Materials Plant in South Korea

Fujifilm hast completed the construction of a new factory for advanced semiconductor materials in Pyeongtaek City, Korea. The new factory will produce color filter materials for image sensors. The new factory is scheduled to be fully operational by the end of December 2024.

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12.06.2024 • News

CEPSA Begins Construction of an Isopropyl Alcohol Plant in Spain

CEPSA has begun constructing a plant to produce 80,000 mt of isopropyl alcohol in Spain. The new facility represents an investment of € 75 million. The facility will be able to replace fossil-based raw materials with sustainable materials, thereby reinforcing CEPSA's Positive Motion strategy to drive the energy transition.

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05.06.2024 • News

Aurigene Opens Biologics Facility

Aurigene Pharmaceutical Services Limited (Aurigene), a Dr. Reddy’s Laboratories Limited company, inaugurated its biologics facility spread across 6500 m2 (70,000 sq ft) in Hyderabad, India.

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04.06.2024 • News

Sterling Expands HPAPI Capabilities at US Facility

UK-headquartered contract development and manufacturing organization (CDMO) Sterling Pharma Solutions has invested $3 million at its US facility in Germantown, WI, to expand the company’s integrated antibody-drug conjugate (ADC) development and manufacturing capabilities.

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27.05.2024 • News

Lilly Increases Investment in Indiana Site to $9 Billion

Eli Lilly plans to invest another $5.3 billion in its US manufacturing site Lebanon, Indiana, increasing the company's total investment in this site $9 billion. The investment will expand Lilly's capacity to manufacture active pharmaceutical ingredients (API) for tirzepatide injections marketed under the Zepbound and Mounjaro brands.

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15.05.2024 • News

BASF to Expand Additives Plant in China

BASF is to invest in the expansion of its advanced additives plant at Nanjing, China. The expansion includes a state-of-the-art production line for the company’s high-performance controlled free radical polymerization (CFRP) dispersants used in the coatings industry. The new line is planned to start up by the end of 2025.

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15.05.2024 • News

Orion to Invest in Upgrade of Alpha Carbone Facility

US-headquartered specialty chemicals company Orion announced plans to invest in Alpha Carbone, a French tire recycling company. The partnership will enable Alpha Carbone to scale up its facility in Dole, France, and produce commercial volumes of tire pyrolysis oil and recovered carbon black.

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26.04.2024 • News

Wanhua Chemical Opens Barcelona R&D Center

On Wednesday, China’s Wanhua Chemical opened its R&D center in Cornellà de Llobregat near Barcelona, Spain, providing technical support and services to downstream customers in fine chemicals and materials on topics like product performance, application methods, and raw material selection.

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25.04.2024 • News

Asahi Kasei to Build a Battery Separator Plant in Canada

Asahi Kasei announced that it will construct an integrated plant in Ontario, Canada for the base film manufacturing and coating of Hipore wet-process lithium-ion battery (LIB) separator. Asahi Kasei and Honda Motor Co., Ltd. (Honda) have reached a basic agreement about the plant and are currently exploring the possibility of a joint investment.

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19.04.2024 • News

Linde to Build New Electrolyzer Plant in Brazil

Linde announced that – through its subsidiary White Martins – will build, own and operate a second 5-MW pressurized alkaline electrolyzer to produce green hydrogen in Jacareí, São Paulo, Brazil. Start-up of the facility is expected in 2025.

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17.04.2024 • News

BASF Launched Prototype Metal Refinery for Battery Recycling in Germany

BASF has started operations at its prototype metal refinery for battery recycling in Schwarzheide, Germany. The plant enables the development of operational procedures and the optimization of innovative battery recycling technology, processing end-of-life lithium-ion batteries and battery production scrap, the company said.

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16.04.2024 • News

OQ Chemicals Completes US Propionaldehyde Expansion

As part of its strategy to expand the company's application portfolio, Germany-based OQ Chemicals has mechanically completed the expansion of its US plant in Bay City, Texas, for the production of high-purity propionaldehyde.

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16.04.2024 • News

Fujifilm Invests Additional $1.2 Billion in CDMO Business in North Carolina

Fujifilm announced an additional investment of $1.2 billion in its large-scale cell culture contract development and manufacturing organization (CDMO) business to further expand the planned Fujifilm Diosynth Biotechnologies facility in Holly Springs, North Carolina, bringing the total investment in the facility to over $3.2 billion. Plans for the new site were unveiled in September last year.

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15.04.2024 • News

Air Liquide Expands Biomethane Capacities in the US

Air Liquide is to expand its capacities in biomethane, also known as renewable natural gas (RNG) in the US, with the construction of two new production units. These units, located in Center Township, Pennsylvania, and Holland Township, Michigan, will treat waste sourced from dairy farms.

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10.04.2024 • News

Orion Breaks Ground on Battery Materials Plant in Texas

Specialty chemicals company Orion, a producer of carbon black, broke ground on a battery materials plant in Texas, US. According to Orion, the facility will be the only one in the US producing acetylene-based conductive additives for lithium-ion batteries and other applications for the growing electrification.

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09.04.2024 • News

Roquette Invests in Danish Start-up Biograil

Roquette, a French multinational supplier of pharmaceutical and nutraceutical excipients, announced an investment by its venture capital arm Roquette Ventures in Danish start-up Biograil.

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Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.