Joint venture - news on Plastech

Clariant and Saudi Kayan to

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.

Arlanxeo's Keltan KSA opens

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 further strengthening

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 invests in Chinese 3D

BASF Venture Capital GmbH is investing in Prismlab, a leading provider of 3D printing processes and 3D printers, headquartered in Shanghai, China.

The Wittmann Group takes up

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 confirms Sabic to

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 and Chinese company

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.

Lanxess plans to sell remaining

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.

VinyLoop closed PVC recycling

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.

Total, Borealis and NOVA Chemicals

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.

Rheticus - Siemens and Evonik

Evonik and Siemens are planning to use electricity from renewable sources and bacteria to convert carbon dioxide (CO2) into specialty chemicals.

Sabic & Sinopec in agreement

Sabic and Sinopec have signed a strategic cooperation agreement.

Borealis, Nova, Total to form

Borealis and NOVA Chemicals enter Preliminary Agreement with Total to meet growing global demand for polyethylene

SABIC considers joint venture

SABIC, SNCG and Ningxia Hui autonomous region of China agree on cooperation principles for possible joint venture.

DSM and NHU inaugurated joint

On August 22nd Royal DSM and specialty chemicals producer Zhejiang NHU Special Materials have inaugurated their joint venture company for polyphenylene sulfide compounds.