Joint venture - news on Plastech

Clariant and Saudi Kayan to evaluate alkoxylates joint venture

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 flagship online Customer Self-Service Platform

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 of global TPU business

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 printing specialist Prismlab

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 a stake in ICE-flex

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 complete purchase of 24.99% stake in Clariant

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 Wynca agree to form joint venture

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 50 percent in joint venture Arlanxeo

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 project in Italy

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 - a joint venture in petrochemicals

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 new research collaboration

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 to cooperate on joint projects

Sabic and Sinopec have signed a strategic cooperation agreement.

Borealis, Nova, Total to form PE/ethylene JV

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

SABIC considers joint venture with Chinese partners

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

DSM and NHU inaugurated joint venture for PPS production

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