Sibur and Gazprom Neft have consolidated 100% of the authorised capital in Poliom, a polypropylene plant in Omsk. Sibgazpolimer, a joint venture of the two companies, has signed an agreement to acquire a 50% stake in Poliom from the Titan Group.
Clariant today announced that it has signed a Memorandum of Understanding (MoU) with Saudi Kayan, a Saudi joint stock company leading in the field of chemicals, polymers and specialty products.
In 2018 Arlanxeo signed an agreement with Saudi Aramco to market and sell its share of Ethylene Propylene Diene rubbers (EPDM) produced in its Petro Rabigh joint-venture plant. Today, Arlanxeo launches its Keltan KSA Self-Service platform to serve its customers 24 hours a day, 7 days a week.
Covestro becomes majority stakeholder in DIC Covestro Polymer joint venture in Japan. Covestro raises stake from 50% to 80%, the partnership with DIC Corporation continues. The Acquisition is a part of Covestro's global growth strategy.
BASF Venture Capital GmbH is investing in Prismlab, a leading provider of 3D printing processes and 3D printers, headquartered in Shanghai, China.
Effective September 17th 2018, the Wittmann group has entered into a joint venture with the MES producer ICE-flex. With this move, Wittmann has taken another step to offer its customers optimal solutions as an extension of Wittmann 4.0.
Clariant today announced that Sabic has received the final outstanding regulatory approvals from the competition authorities for the purchase of a 24.99% stake in Clariant.
Evonik Industries and the Chinese company Wynca have agreed to form a joint venture. The new company, in which Evonik will hold 60 percent, will produce fumed silica marketed under the name Aerosil.
Specialty chemicals group Lanxess plans to sell its remaining 50 percent stake in Arlanxeoto its joint venture partner Saudi Aramco. The two companies, that founded Arlanxeo in 2016 as a 50:50 joint venture for synthetic rubber, signed a respective agreement today.
PVC recycling project VinyLoop in Ferrara, Italy, which was started in 2002, ceases operations, according to a brief statement from the company dated 28 June 2018, said the company.
At 19 February Total S.A., Borealis AG and NOVA Chemicals Corporation announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.
Evonik and Siemens are planning to use electricity from renewable sources and bacteria to convert carbon dioxide (CO2) into specialty chemicals.
Sabic and Sinopec have signed a strategic cooperation agreement.
Borealis and NOVA Chemicals enter Preliminary Agreement with Total to meet growing global demand for polyethylene
SABIC, SNCG and Ningxia Hui autonomous region of China agree on cooperation principles for possible joint venture.
