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Saturday, 29 April 2017

Perstorp declares force majeure due to power failure in Germany

BRUCHHAUSEN, GERMANY: Due to a power failure at Perstorp’s plant in Bruchhausen, the company has been forced to temporarily close parts of its production. This affects Perstorp's calcium formate production and it has declared force majeure as regards to deliveries of ProPhorce AC200 and calcium formate.
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Air Liquide to sell welding subsidiary to Lincoln Electric

PARIS, FRANCE: Air Liquide SA has signed an agreement with Lincoln Electric France SAS to sell Air Liquide Welding, its subsidiary specialised in the manufacture of welding and cutting technologies.
Both parties expect the transaction to be completed in the second half of 2017.
This agreement follows the exclusive negotiations agreement announced on 2 March with Lincoln Electric, the world leader in design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment.
Lincoln Electric France SAS is a subsidiary of Lincoln Electric Holdings Inc (LECO).
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BASF construction chemicals used to build world's largest solar plant

OUARZAZATE, MOROCCO: BASF said that its construction chemicals are used in the construction of the concentrated solar power system in the Noor solar complex, Morocco, North Africa.
Several BASF products were used in the construction of this project such as concrete admixtures, grout, mortars, sealants, and joint water-resistant sealants.
The requirements for the construction of the world’s largest solar plant were varied and very specific. The material had to conform to construction specifications and provide high early strength development. It was also necessary to take into consideration the desert area where the complex is being built, namely sand, clay, and high temperatures. Additionally, and taking safety into consideration, it was necessary to comply with strict criteria in terms of final strength and durability of the concrete in its hardened state.
With solutions tailored to the requirements of the Noor project, the BASF Construction Chemicals division proposed high-performance concrete products as well as grouting. BASF MasterGlenium Sky 671 superplasticizer provides a new generation of concrete with extended workability at high temperatures and ensures high strength and stability of the mirrors’ structure. Due to the product’s good stability and resistance to exterior conditions and reaction to sand, it maintains the high mechanical performance of the concentrated solar power system.
BASF MasterFlow 765 grout solutions protect the base of the solar panel from vibration and any harsh conditions, providing ultra-high strength, fatigue-resistant cement, making solar energy projects more cost effective during installation, and more durable and secure over the entire lifetime of the solar complex.
In cooperation with BASF, special tests were performed resulting in the selection of the most effective type of concrete and grout as well as the suitable application method for the products used in the construction of the solar complex.
BASF offers unique solutions for the construction of the largest concentrated solar complex in the world in the Moroccan desert and proactively participates in producing enough energy to power over one million homes by 2018 whilst at the same time lowering carbon emissions. By the end of its construction, the complex will cover an area of about 30 km² and produce energy of roughly 500 Megawatt.
“We are proud that we are able to contribute our innovative solutions and know-how to help our customers master the challenges of this complex construction project,” said Andres Monroy, managing director, BASF Northwest Africa.
“These challenges can be mastered extremely effectively using the broad product portfolio and flexible solutions of Master Builders Solutions designed by BASF’s construction chemicals division, products that have proven to be beneficial for complex projects all over the world,” said Christophe Xavier Chuche, Director of BASF construction chemicals Morocco.
“For most of the big projects, customers benefit from the broad experience and connectedness of our experts in Africa and Europe, and they receive a comprehensive package of services and advice. This simplifies the construction process and ensures timely completion even of time-critical projects,” added Adil El Maaiche, BASF’s admixture systems manager in Morocco.
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Read More: BASF construction chemicals used to build world's largest solar plant

Innophos appoints new SVP for manufacturing, engineering, EH&S

CRANBURY, US: Innophos Holdings Inc (IPHS) has appointed Mark Santangelo as senior vice president (SVP), manufacturing, engineering, and environment, health & safety (EH&S) effective 1 May. Santangelo will have responsibility for Innophos' global manufacturing, engineering, and EH&S organisations across all business lines.  He will report directly to Innophos' chairman, president and CEO, Kim Ann Mink, PhD.
Most recently he was vice president, global manufacturing and supply chain at Arizona Chemical Company. Prior to Arizona Chemicals, Santangelo spent more than 30 years at Ashland Inc., which was an $8 billion international speciality chemical company.
“Santangelo is an impact-driven executive with strong commercial and market orientation and relevant experience in the food, health and nutrition markets. In addition, his M&A track record further bolsters the depth of due diligence and integration experience on our executive team. I am confident that Mark will be a driving force in our transformation as we continue to execute on our three strategic pillars of operational excellence, commercial excellence and strategic growth.  Mark's experience perfectly aligns with our recently announced Vision 2022,” said Dr Mink.
"I am extremely excited to be joining the Innophos team. My focus will be on ensuring that the Company's manufacturing footprint is optimised to support our strategic mandates of defending our core speciality phosphates business, while we concurrently grow through acquisition in the food, health and nutrition markets. I plan to build upon the strength of the Innophos organisation and leverage my global manufacturing and operational excellence experience,” said Santangelo.
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BP to sell 50 pc stake in SECCO for $1.68 billion

LONDON, UK: BP PLC has agreed to sell its 50 percent stake in Shanghai SECCO Petrochemical Company Limited (SECCO) to China Petroleum & Chemical Corporation (Sinopec), BP’s joint venture partner, for a total consideration of $1.68 billion.
SECCO is currently owned by BP (50 percent), Sinopec (30 percent) and Sinopec Shanghai Petrochemical Company Limited (20 percent), in which Sinopec holds a majority interest.
Based in Shanghai, China, SECCO is a major producer of olefins - ethylene and propylene - together with polymers and other derivatives including polyethylene, polypropylene, acrylonitrile styrene, polystyrene, butadiene and other products.
The transaction is expected to be completed before the end of the year.
“This decision aligns our petrochemicals business in China with our global focus on areas where BP has leading proprietary technologies and competitive advantage. China is a key region for our chemicals business and BP will continue to look for opportunities to build on our position in the country,” said Rita Griffin, chief operating officer, BP global petrochemicals.
“BP has been committed to doing business in China for more than four decades. Looking into the future, we plan to continue to invest in China in areas that provide the best growth opportunities for BP, our Chinese partners and the country,” said Dr Xiaoping Yang, BP China president.
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Read More: BP to sell 50 pc stake in SECCO for $1.68 billion

Total acquires data management company in France

PARIS, FRANCE: Total Energy Ventures (TEV), the venture capital arm of Total SA has acquired an interest in Xee, an open platform that collects, processes and manages data from connected vehicles.
Founded in Lille, France, in 2012, Xee creates value for its clients optimising their operations and suggesting them new offerings. Potential customers include auto service centres and vehicle fleet managers who want to develop predictive maintenance solutions, insurers looking to provide pay-as-you-drive solutions, and businesses interested in real-time marketing.
This funding round will enable Xee to accelerate the commercial deployment of its platform begun in 2016, invest to maintain its technological lead and expand the use of artificial intelligence to manage the data. Total will sit on the company’s board of directors as an observer.
“Acquiring this stake enhances TEV’s portfolio of digital solutions. Connecting cars to the cloud is an important building block for the mobility of the future. Xee stands out from its competitors through the wide range of vehicle models and brands covered by its platform and the quantity of data collected and analysed,” said Philippe Sauquet, executive vice president, strategy & innovation, Total.
“We, therefore, want to support the growth of this data management platform, which both creates new relationships with vehicle owners and improves user experience in the long term,” added Sauquet.
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Read More: Total acquires data management company in France

TechnipFMC bags EPC contract for Zakum sulphate reduction plant

LONDON, UK/ PARIS, FRANCE/ HOUSTON, US: TechnipFMC (FTI) has been awarded an engineering, procurement and construction contract (EPC3 project) by Zakum Development Company (ZADCO) for a sulphate reduction plant on West Island Abu Dhabi, UAE.
The objective of the EPC3 project is the installation of a sulphate reduction plant module (SRP) along with new installations and tie-in to existing facilities in West Island. The SRP module incorporates cutting edge water treatment technologies with advanced filtration and nanofiltration systems. These systems are used for water injection into Upper Zakum western areas reservoir tight structure, which requires high-quality water with less sulphate content and particle size.
“We are extremely proud of this award which demonstrates our long-standing commitment to ZADCO as well as our sustainable development strategy in line with the UAE vision to maximise national content,” said Nello Uccelletti, president of TechnipFMC’s onshore/offshore business.
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Read More: TechnipFMC bags EPC contract for Zakum sulphate reduction plant

IFF appoints Winston Eco-Strategies founder to its SAB

NEW YORK, US: International Flavors & Fragrances Inc (IFF) said that it has appointed Andrew Winston, author of The Big Pivot: Radically Practical Strategies for a Hotter, Scarcer, and More Open World and founder of Winston Eco-Strategies, to its scientific advisory board (SAB).
Led by Dr Gregory Yep, executive vice president, chief global scientific & sustainability officer, the SAB brings together world-class, multi-disciplinary, external views to enhance IFF’s R&D programs and further its innovation strategy.
Winston is the author of three business books, including Green to Gold and Green Recovery. He is a globally recognised expert on how business can navigate and profit by solving the world’s biggest challenges, a TED speaker, and a regular contributor to the Harvard Business Review and the Huffington Post. He has extensive experience with serving on sustainability advisory boards for multinationals such as Unilever, and he serves as a Sustainability Advisor to PricewaterhouseCoopers (PwC).
“As pioneers of the senses, our focus on forging new possibilities for a regenerative, healthy and abundant world and our commitment to innovation as an accelerator of business growth are critical to our success. We’re delighted to welcome Andrew to IFF’s SAB. His experience in corporate sustainability and strategies for business resiliency in a complex world will complement the dynamic strength of our SAB and provide a tremendous value to our organisation,” said Andreas Fibig, chairman and CEO, IFF.
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Read More: IFF appoints Winston Eco-Strategies founder to its SAB

Ineos Styrolution increases ABS, ASA capacity in US

FRANKFURT, GERMANY: Ineos Styrolution, the global leader in styrenics said that it plans to increase capacity for acrylonitrile styrene acrylate (ASA) and acrylonitrile butadiene styrene (ABS) in US. The plans include constructing a new 100kt capacity ASA plant in Bayport, Texas and increasing the ABS capacity at its ABS/ ASA plant in Altamira, Mexico.
The planned ASA facility strengthens the Ineos Styrolution position as the only global producer with ASA production capacity in all regions. This will bring the company even closer to their customer partners by supporting their growth plans and continuing to provide the same high-quality products across all regions.
The new ASA plant in Bayport is expected to be operational by the end of 2020.
“This investment follows previous growth investments including the AMSAN production in Altamira, the current expansion of the ABS/ ASA plant in Altamira and, most recently, the acquisition of the K-Resin business,” said Alexander Glueck, president Americas.
“The capacity increase in Bayport and in Altamira will give us additional resources in a dynamic market. It reduces the need to import volumes from other regions, allowing for more localised supply and at the same time supporting further growth in the other producing regions EMEA and APAC. This also gives us additional flexibility to meet our customers’ expectations in growing markets, as in the Americas. Our investment in the Bayport plant will also free up volumes to further expand our business in other regions,” added Kevin McQuade, CEO, Ineos Styrolution.
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Read More: Ineos Styrolution increases ABS, ASA capacity in US

Sadara Chemical starts up polyethylene plant in Saudi Arabia

JUBAIL, SAUDI ARABIA: Sadara Chemical Company (Sadara) has announced the startup of its fourth and final polyethylene unit, the high-pressure low-density polyethylene (HP-LDPE) train. This marks a significant milestone for the company as it continues to bring its world-scale manufacturing facilities on stream.
The HP-LDPE train joins the two linear low-density PE trains (PE Trains 1 & 2) and the one elastomers train (PE Train 4), which came on stream over the last 15 months, to complete the company’s plastics plants.
Each of Sadara’s four plastics plants has a world-class capacity and flexible capabilities for producing highly specialised grades of plastic products. PE Trains 1 and 2 produce a wide variety of linear low-density polyethylene (LLDPE) and high density polyethylene (HDPE) product grades, while PE Train 4 is the first facility in the Kingdom to produce Elastomers, a very low-density form of polyethylene, and has the flexibility to produce LLDPE as well.
"The successful startup of the fourth and final Sadara Plastics plant is a milestone achievement for the Sadara team and illustrates the results of successful teamwork at both the company and shareholder levels. The products from the Plastics plants will provide feedstocks which will support the development of secondary and tertiary manufacturing investments in the Kingdom of Saudi Arabia," said Ziad Al-Labban, CEO of Sadara.
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Read More: Sadara Chemical starts up polyethylene plant in Saudi Arabia

Friday, 28 April 2017

Lanxess to invest €25 million in Belgian polyamides facility

COLOGNE, GERMANY: Lanxess AG said that it plans to roughly invest €25 million, to further strengthen its integrated production complex for polyamide and precursors for plastics in Antwerp, Belgium.
The announcement was made on the occasion of the 50th anniversary of caprolactam production at the site. Caprolactam is a key precursor for the production of Lanxess’s high-tech plastics. Besides the automotive industry, these plastics are also used in electrical and electronics applications.
Lanxess has three production sites in the Antwerp docklands. Caprolactam and polyamide are produced in Lillo-Antwerp, glass fibres and rubber chemicals are manufactured in Kallo.
Arlanxeo, a joint venture of Lanxess and Saudi Aramco, produces synthetic rubber at the site in Zwijndrecht. Lanxess has a total staff of roughly 1.250 in Belgium, including Zwijndrecht.
“Our integrated production complex in Lillo is the backbone of our global business for high-tech plastics. Given the trend toward lightweight construction in the automotive industry, for example, this is a major future market. Therefore, we are continuously strengthening the competitiveness of this site. In total, our company has invested more than €300 million in Lillo since 2004 – a sum that shows our firm commitment to this site,” said Matthias Zachert, chairman of the board of management at Lanxess AG.
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Read More: Lanxess to invest €25 million in Belgian polyamides facility

BASF, UC Berkeley extend research collaboration for five years

RESEARCH TRIANGLE PARK, US: Many scientific discoveries and patent applications have resulted from more than 25 research projects underway since West Coast universities and BASF established the California Research Alliance (CARA) in 2014.
This multidisciplinary collaboration headed by the College of Chemistry at the University of California, Berkeley (UC Berkeley) conducts research on new inorganic and other advanced materials, biosciences and their applications.
In addition, both UC Berkeley and BASF announced a five-year extension of the CARA collaboration.
“Our California Research Alliance brings together an entire university system with BASF’s global R&D organisation. We see that as a great opportunity demonstrating the power of connecting academia and industry to drive innovation,” said Peter Eckes, president of bioscience research and north America research representative, BASF.
"Three years and 25 research projects later, CARA has proven to be a big success. I'm delighted, but not surprised, because basic and applied research are not distinct activities. They are woven together and reinforce each other. That's why, like other CARA researchers, I am looking forward to several more years of cooperation with BASF," said Paul Alivisatos, Berkeley's vice chancellor for research and a campus chemistry professor.
Important progress on intermetallic nanoparticles research
Over the last three years, BASF experts and researchers from UC Berkeley, Stanford University, UC Davis, UC Santa Barbara, UC San Francisco and UC Los Angeles, have worked together on multiple research projects to make new materials, advance the functionality and performance of materials and develop methods and tools for tailoring the interaction between chemicals and biological systems.
One recent advancement was achieved by a joint team active in the field of catalysis. The researchers developed a synthesis of binary intermetallic nanoparticles from a combination of noble and base metals, which have the potential to be used in catalysis applications.
“Previously, there were only physical methods for manufacturing very small quantities of such intermetallic nanoparticles. With this newly discovered chemical approach, a critical first step was taken towards the preparation of these materials in large scales, which is a prerequisite for assessing their potential for industrial catalysis,” said Peter Walther, senior vice president, heterogeneous catalysis, BASF.
“The extensive nanoparticles expertise and application know-how at CARA combined with guidance provided to the postdoctoral researchers by professor Paul Alivisatos and BASF were certainly decisive for the development of this new method,” added Walther.
Following the successful tests at UC Berkeley, the synthesis of the nanoparticles and their potential application in catalysis is being further evaluated in BASF laboratories in Ludwigshafen, Germany.
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Read More: BASF, UC Berkeley extend research collaboration for five years

PPG initiative helps to revitalise streets of Gamchun, South Korea

PITTSBURGH, US: PPG Industries Inc (PPG) announced the completion of a Colourful Communities project that helped to revitalise the streets of the Gamchun Cultural Community in Busan, South Korea.
The Colourful Communities program provides PPG volunteers and products along with financial contributions to bring colour and vitality to communities where the company operates around the world, such as in Busan, where PPG has a manufacturing facility.
Through cooperation with the Saha-gu social welfare centre, a local nonprofit organisation, more than 120 PPG employees and their family members came together to volunteer for six hours painting murals to help revitalise local streets in the town of Gamchun, which is an economically distressed area within the City of Busan.
PPG provided about $23,000 to assist with the project, including 128 gallons of PPG paint products. This Colourful Communities initiative aimed to improve the local environment for the benefit of both senior citizens and visitors.
“It is a great pleasure for us to be engaged with our local community, to share PPG’s values by painting colourful murals on the streets of Gamchun with our employees and families, PPG will continue to support our neighbours and work to revitalise our community,” said James Do, president of PPG Korea.
The Colourful Communities program is PPG’s signature initiative for community engagement efforts, with the aim to protect and beautify the neighbourhoods where PPG operates around the world. The program increases PPG’s commitment to invest in communities and supports projects that transform community assets, providing PPG volunteers and donated PPG products.
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Read More: PPG initiative helps to revitalise streets of Gamchun, South Korea

Lanxess designs a reverse osmosis system for real conditions

COLOGNE, GERMANY: Lanxess AG is continuously carrying out R&D in the field of water treatment, to ensure that the design process of reverse osmosis systems is even more successful in the future.
Experts from the company presented the latest results – allowing an even better description of the separation behaviour of reverse osmosis (RO) membranes under realistic application conditions.
Understanding complex links
The behaviour of RO membranes is determined under realistic service conditions by a large number of parameters. The composition of the feed, for example, is of major importance. In practice, not only the common salt normally used in tests is dissolved in the feed, but other salts too. The rejection for these different salts or ions varies enormously. The pH and the temperature of the salt solution have, for each salt or ion, an individual influence on the success of separation.
In order to gain a better understanding of all these relationships, experts from Lanxess launched a research project that uses a modern design of experiments (DoE) methods. Only in this way can the number of necessary trials be restricted to a reasonable level even where issues are complex.
The goal of the present tests was to gain a better understanding in particular of the behaviour of highly crosslinked Lewabrane membranes for the treatment of brackish water. The high cross-linkage level leads to a low effective pore size, bringing about the high rejection ability of these membranes. They are also noted for their high stability even in extreme pH and temperature ranges.
Measurements on salt mixtures
The experts were particularly interested in the separation properties of the membranes for different dissolved salts. Use was therefore made of a test mixture containing not only sodium chloride but also nitrate, ammonium, boron and silicate. Such mixtures are found, for example, in industrial and household effluent, with some components also being found in agriculture, groundwater and seawater.
The separation behaviour was examined both on isolated membranes and on complete reverse osmosis elements.
To be able to reliably measure the separation behaviour in the complete parameter range with as small a number of experiments as possible, use was made of the DoE. This was done on the basis of the response surface design method (RSD) in combination with a central composite design (CCD). The evaluation of the experimental results was carried out by adjusting the measuring data to a square model.
The selected target values for the model were total salt rejection, rejection for individually dissolved components and the permeate flow.
Response surfaces for many application scenarios
The response surfaces derived from the test series describe the behaviour of the membrane with regard to individual salts or ions over the entire pH and temperature range. For nitrate, for example, there was a clear pH dependence of rejection, with a maximum at pH 7-8 and with only a low dependence on temperature. The results were completely different, for example, with boron, where, in addition to the pH dependence, there was also a marked dependence of rejection on temperature.
The results allow the parameters for RO elements to be specifically selected so that optimal separation results can be obtained for the respective application.
“So that we can utilise this potential in the best possible way to the benefit of our customers, the dependency functions obtained are immediately incorporated into the integrated design program, LewaPlus,” said Julien Ogier, head of the technical service laboratory for membranes in the liquid purification technologies business, Lanxess.
“With the present version of LewaPlus, we have been working further on the aspect of user friendliness. During the design of a reverse osmosis system, we can see directly how many simulations have been created for a direct comparison. Apart from that, we have improved the design of the pdf report for the condensate polishing module so that, for the progressive regeneration, the regenerated volume and the application concentration can now also be included,” adds Ogier.
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Read More: Lanxess designs a reverse osmosis system for real conditions

Bayer extends CFO service contract until May 2018

LEVERKUSEN, GERMANY: Bayer AG said that its supervisory board has extended the current service contract of chief financial officer (CFO) Johannes Dietsch (55) until 31 May 2018. After that date, Johannes Dietsch will be leaving the company at his own request. Dietsch’s successor as CFO will be announced at a later date.
Johannes Dietsch has been a member of the board of management since 1 September 2014. He is responsible for finance, Asia Pacific and North America regions.
“Designing the detailed financing of the Monsanto acquisition and the ongoing approval and integration processes are key milestones of the transaction which still lie ahead of us. With his expertise, Dietsch will be providing substantial support in this important phase and helping to lead the Monsanto acquisition to a successful conclusion,” said Werner Wenning, chairman of the supervisory board of Bayer AG.
“Over the past 35 years, Dietsch has contributed to the success of Bayer in a number of different functions. We are very grateful to him for this service and would like to wish him all the best for when he leaves the Bayer board of management,” added Wenning.
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Read More: Bayer extends CFO service contract until May 2018

Total approves Vaca Muerta shale project, increases its stake

PARIS, FRANCE: Total SA has approved the development of the first phase of the operated Aguada Pichana Este license in the giant Vaca Muerta shale play in Argentina. Moreover, the group will also increase its interest in the license from 27.27 percent to 41 percent.
Gas production from the project will be treated at the existing Aguada Pichana gas plant which will thus reach its full capacity of 16 million cubic meters per day (100,000 barrels equivalent per day).
As part of the project, the Aguada Pichana partners (Total Austral SA, YPF SA, Wintershall Energia SA and Panamerican Energy LLC) have entered into a memorandum of understanding that includes an increase of Total’s participation to 41 percent in the Aguada Pichana Este project being developed.
"Launching this project is a key milestone in the development of the giant Vaca Muerta shale play. Total is also increasing its interest in the East part of the Aguada Pichana concession where the results of pilot wells drilled to date have been excellent. The development will benefit from the use of existing facilities, enabling the production of shale gas at a very competitive cost,” said Arnaud Breuillac, president exploration & production, Total.
“This is one of the ten major projects that Exploration & Production plans to sanction in 2017-2018, taking advantage of the favourable low-cost environment, which is now approved and will contribute to the group’s production growth beyond 2020,” added Breuillac.
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Read More: Total approves Vaca Muerta shale project, increases its stake

Reliance, Resysta partner to bring wood alternative in India

MUMBAI, INDIA: Reliance Industries Ltd (RIL) has entered into a license agreement with Germany’s Resysta International GmbH (Resysta) which gives RIL exclusive rights for production and marketing of RelWood, a natural fibre polymer composite (NFPC), in India.
This compound will be the raw material for the production of sheets & various profiles used in a wide range of wood & plywood replacement applications.
The material is a key innovation that was needed to address the crisis of shrinking rainforests, as well as the inferior quality of wood composite products that were used before. This is based on a unique technology which allows the dispersion of natural fibre within the polymer matrix.
“Through this partnership, we are looking forward to producing the RelWood compound exclusively in order to meet the fast-growing demand for a real alternative to tropical wood. Together we will offer Indian consumers cutting edge technological product as an alternative to natural wood,” said Vipul Shah, COO Petchem, RIL.
“By manufacturing the Resysta Compound locally, the products become even more environment friendly and easily available. As a leading petrochemicals manufacturer in India, RIL is ideally poised to manufacture on a par with our high worldwide standard. We look forward to continuing Resysta’s success story in India in partnership with RIL,” added Bernd Duna, CEO of Resysta International.
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Read More: Reliance, Resysta partner to bring wood alternative in India

Shell completes sale of 20 pc stake in Vivo Energy for $250 mn

THE HAGUE, NETHERLANDS: Royal Dutch Shell plc has completed the sale of its 20 percent interest in Vivo Energy Holding BV to Vitol Africa BV for a total amount of $250 million.
This sale was earlier announced on 23 December 2016. Completion of the transaction is consistent with Shell’s strategic commitment to focus downstream activity in areas where it can be most competitive.
Shell fuels and products will continue to be available in 16 countries in Africa via a long-term brand licence agreement with Vivo Energy.
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Read More: Shell completes sale of 20 pc stake in Vivo Energy for $250 mn

Grace appoints SunTech CEO as president, materials technologies segment

COLUMBIA, US: W R Grace & Co (GRA) has appointment current CEO of SunTech Medical, Sandra Wisniewski as president, Grace materials technologies segment.
The business segment produces and sells speciality materials, including silica-based and silica-alumina-based materials used in coatings, consumer, industrial, and pharmaceutical applications. The $400 million segment achieved record volumes and gross margins in 2016.
Previously to SunTech Medical, she served as a general manager and vice president at Sanofi, a global healthcare technology company. Sandra spent most of her career with Baxter International in various roles, including general management, sales, marketing, R&D, global project management, manufacturing, and operations.
Wisniewski’s appointment rounds out the leadership team for Grace’s three businesses. Thomas Petti is president of refining Technologies and Albert Beninati, Jr, is president of speciality catalysts. Grace reports results for refining technologies and speciality catalysts under its catalysts technologies segment.
“Sandra has a strong record of success growing the businesses she has run. Her strengths as a leader and experiences in sophisticated global industries align well with our growth opportunities in materials technologies,” said Hudson La Force, president and chief operating officer, Grace.
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Read More: Grace appoints SunTech CEO as president, materials technologies segment

Sika establishes national subsidiary in Senegal, Africa

BAAR, SWITZERLAND: Sika AG said that it is establishing a new national subsidiary in Senegal, West Africa – following those in Nigeria, Ivory Coast and Cameroon. A local production facility for concrete admixtures is already being planned, which will subsequently be expanded to include mortar products. The company has a strong presence in Africa with 19 national subsidiaries and 17 factories.
The main growth driver for the Senegal's economy and construction sector is the “Plan for an Emerging Senegal” with a time horizon of 2035 which aims to boost urban centres with significant economic potential through infrastructure projects and other measures. Key transport infrastructure projects are being partly co-financed by the European Investment Bank and the European Union.
“We are positioning ourselves early in emerging markets such as Senegal. Large-scale investment projects in infrastructure, transport, energy and water combined with recently discovered oil reserves will contribute to this emerging country's development. Our growth strategy in Africa is paying off. Over the last five years we have increased sales by an average of 22 percent per year,” said Paul Schuler, Sika regional manager EMEA.
© Worldofchemicals News
Read More: Sika establishes national subsidiary in Senegal, Africa

Tuesday, 25 April 2017

Indorama Ventures to acquire Europe’s tire cord manufacturer

BANGKOK, THAILAND: Indorama Ventures Public Company Limited (IVL) has entered into a definitive agreement to acquire Glanzstoff Group. Glanzstoff is a major European manufacturer of tire cord fabrics and single-end-cords (SEC) for high-performance tire applications. This transaction is expected to close during the second quarter of 2017.
Glanzstoff offers a broad range of solutions in the tire cord fabrics and single-end-cords in high-performance rayon, aramid, Nylon 6.6 and polyester in addition to hybrid filament yarns for the high growth and high-performance automotive applications.
Glanzstoff is Europe’s largest converter for tire cord fabrics and a global leader in SEC and is vertically integrated into high tenacity Rayon technology. It has manufacturing sites in Luxembourg, Italy and the Czech Republic.
“The acquisition of Glanzstoff provides a unique opportunity for Indorama to consolidate its leadership position in the tire cord business and strengthens our high value-added (HVA) portfolio. It enhances the company’s value proposition and provides collaborative opportunities with the global automotive tire industry, including those for autonomous and electric vehicles,” said Aloke Lohia, CEO of Indorama Ventures.
“The Glanzstoff platform will expand our footprint beyond polyester and nylon 6.6 by entering into Rayon technology. Our focus remains on delivering best-in-class propositions while driving our global innovation agenda to strengthen the company’s capabilities in the value chain in which we are present. We strive to be a world-class, high-growth company and will continue to explore opportunities to deliver earnings growth and enhanced value in a sustainable manner,” added Lohia.
© Worldofchemicals News  
Read More: Indorama Ventures to acquire Europe’s tire cord manufacturer

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