News

Cargill and Helm Link on Bio-based Intermediates

11.06.2021 -

US food giant Cargill and German distribution and marketing group Helm have formed a joint venture called Qore to help brand owners replace fossil-based chemistries with...

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US to Donate Pfizer/BioNTech Vaccine to 100 Countries

11.06.2021 -

As expected, US president Joe Biden, on his first international trip since taking office in January, announced plans to donate 500 million doses of the Pfize/BioNTech...

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BASF and Shanshan in Chinese Battery JV

11.06.2021 -

BASF is forming a majority-owned 51:49 joint venture with Hunan Shanshan Energy to make cathode active materials (CAM) and their precursors (PCAM) in China, the world’s...

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LyondellBasell Wins China Spheripol PP Contract

10.06.2021 -

LyondellBasell's Spheripol PP technology has been chosen by Inner Mongolia Baofeng New Material for a 2 million t/y complex in China.

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Activist Investor Wins Seats on ExxonMobil Board

10.06.2021 -

Three independent executives nominated by US-based activist investor Engine No 1 have won seats on ExxonMobil’s board.

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Topsoe Establishes Dedicated Green Hydrogen Arm

09.06.2021 -

Denmark’s Haldor Topsoe has set up a dedicated green hydrogen arm with the aim of accelerating its electrolysis business. The newly formed organization will leverage...

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IMCD Buys China’s Shanghai Yuanhe Chemicals

09.06.2021 -

IMCD has acquired Shanghai Yuanhe Chemicals, a Chinese distributor of specialty coatings, textile and ink solutions. The deal boosts IMCD China's portfolio for the...

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US Plans Public-Private Consortium for Drug “Onshoring”

09.06.2021 -

As part of a multi-pronged effort to fix disruptions in crucial US industrial supply chains, President Joe Biden has announced that his administration will establish a...