Evonik to invest over €4 billion in research and development
"Our intention is to turn Evonik into one of the world's most innovative companies," affirmed Klaus Engel, the Chairman of the Executive Board.
Chemicals
News Plastech
Yara and BASF to build ammonia plant in USA
Yara International and BASF Group have agreed to build a world scale ammonia plant at BASF's site in Freeport, Texas.
Velox-Asaclean webshop goes live for Europe
Asaclean purging compound is now available online from Velox.
New market study on toluene
In 2013, about US$24.5 billion were generated with the sale of toluene.
Wacker reorganizes distribution net in Nordic countries
As of March 1, 2015, Lindberg & Lund Oy AB will market room-temperature-vulcanizing silicone rubber grades in Finland.
Biesterfeld Plastic acquires the JV shares of Biesterfeld Nordic AB
Biesterfeld Plastic GmbH purchased the shares of their partner Fred Holmberg in the mutual Joint Venture Biesterfeld Nordic AB.
Evonik starts up new units for crosslinking activators
Evonik has started up two new plant units for the production of crosslinking activators at its multi-user site in Wesseling.
Bayer MaterialScience finished new TDI plant
Company invested some EUR 250 million at Dormagen site to produce foam component TDI.
BASF increases sales but won't achieve goals for 2015
Despite declining demand, BASF increases sales and earnings in the third quarter of 2014.
BASF increases production capacity for tertiary Butylamine
BASF will expand the production capacity of its existing production plant for tertiary Butylamine at the Nanjing Chemical Industry Park in China.
Westlake Chemical to expand ethylene capacity
The company will increase ethane-based ethylene capacity at Lake Charles site by approximately 250 million pounds annually.
Global demand for Xylene will rise
Ceresana experts expect global demand for xylenes to rise by about 4.5% p.a. until 2021
