DowDuPont Merger Successfully Completed
DowDuPont today announced the successful completion of the merger of equals between The Dow Chemical Company and E.I. du Pont de Nemours & Company, effective Aug. 31, 2017.
Agreements
News Plastech
Toyo divesting industrial products unit to Nitta and Sekisui
Toyo Tire & Rubber Co. Ltd. agreed to divest major portions of its chemical industrial products business unit to fellow other Japanese companies Nitta Corp. and Sekisui Chemical Co. Ltd. for undisclosed sums.
Borealis and Nexeo Solutions take partnership to next level
Borealis and Nexeo Solutions announced their agreement to extend and further develop their existing partnership.
Trexel and Milacron with agreement for MuCell technology
The agreement allows further penetration of the Trexel MuCell injection molding technology into the global marketplace.
Songwon will supply additives to Sibur
Songwon Industrial have signed a long-term cooperation agreement to supply Sibur with additives used in PP, PE, rubbers, thermoplastic rubbers and PVC.
SABIC will increase R&D efficiency
SABIC signed agreement with hte, the high throughput experimentation company to fast-track catalysis R&D.
EUROMAP and SPI: free trade for plastics machinery
The umbrella associations EUROMAP and SPI have signed a declaration of intent on free trade within the plastics machinery industry.
License agreement between Sabo SpA and BASF
Sabo SpA announced that it has entered into an agreement with BASF for a license of the Chimassorb 2020 technology.
Songwon Additive Technologies AG and Polysys Industries announce the location of their Middle East plant
Songwon Additive Technologies AG and Polysys Industries announced that they will establish a new company Polysys Additive Technologies ME, which will build an OPS (One Pack Systems) manufacturing plant in Kizad (Khalifa Industrial City of Abu Dhabi), Abu Dhabi. This follows the announcement of the establishment of Songwon Additive Technologies AG, a Joint Venture between Songwon Industrial Group, Pan Gulf Holding Company of Saudi Arabia and Polysys Industries of Abu Dhabi, for the manufacture and sale of Songnox OPS.
BASF and Gazprom agree on asset swap
Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, and Alexej Miller, Chairman of the Management Committee of OAO Gazprom, signed a legally binding basic agreement to swap assets of equivalent value.
TenCate and BASF sign agreement on strategic alliance for thermoplastic automotive composites
TenCate Advanced Composites and BASF have entered into a strategic alliance to cooperate on the development, production and commercialization of thermoplastic composite materials suitable for high-volume vehicle production.
BASF and SINOPEC Corp. sign Memorandum of Understanding to explore building a world-scale isononanol plant in China
BASF and China Petroleum & Chemical Corporation (SINOPEC) have signed a Memorandum of Understanding (MoU) to further strengthen their cooperation by jointly exploring the possibility of building a world-scale isononanol (INA) plant in Maoming Hi-tech Industrial Development Zone, Maoming, China.
