News

BASF Headquarters Ludwigshafen

BASF has expanded its partnership with chemical distributor Oqema for the BASF standard amines portfolio excluding ethanolamines in the UK and Ireland from the beginning of 2024. The two companies, which have been working together successfully in Germany and Eastern Europe for more than two decades, are now joining...

Perstorp launches new Penta plant in India

Swedish speciality chemicals company Perstorp has built and commissioned a state-of-the-art, ISCC Plus certified plant in western India to meet the growing market demand for penta chemicals. Located in Sayakha, Bharuch, in the state of Gujarat, the plant was ceremonially inaugurated on 20 February 2024. “This is the...

Freudenberg opens new production facility in Parets del Vallès

Freudenberg Sealing Technologies has inaugurated its new state-of-the-art production facility in Parets del Vallès near Barcelona. The fully carbon-neutral plant, dedicated to manufacturing automotive components, is boosting its production capacity by 15 percent. Therefore, the company has invested more than €11...

Solar Park

The energy supplier Vattenfall and the specialty chemicals company Evonik have concluded new long-term electricity supply contracts. From 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of...

IFR Top 5 Robot Trends 2024

The global stock of industrial robots has reached a new record of around 3.9 million units. The strong demand is being driven by a number of exciting technological developments. The International Federation of Robotics has summarised the most important trends that will shape robotics and automation in 2024. “The five...

Vetter Development Service

The pharmaceutical service provider Vetter Pharma has successfully completed eight market launches of complex medicinal products in 2023. The products were accompanied and supported during their development phases by the comprehensive services of the Vetter Development Service. The drugs, which are now on the market...

Coveris and S&K Label signing teams

Coveris announces the successful signing and completion of another strategic deal in Central and Eastern Europe: the acquisition of S&K Label in the Czech Republic. Following the companys’ recent acquisitions of two flexible packaging plants in Hungary and Poland, S&K Label in the Czech Republic marks the...

BASF sells its joint venture shares in Korla

In the fourth quarter of 2023, BASF initiated the process to sell its shares in the two joint venture companies Markor Chemical Manufacturing and Markor Meiou Chemical in Korla, in the center of the Xinjiangin Uyghur Autonomous Region in China. The chemical company justifies this step with sustainability efforts and...

Südpack packaging concepts “Tubular Bag PurePE” and “PharmaGuard”

First the German Packaging Award 2023, now the Worldstar Packaging Award: the two Südpack packaging concepts “Tubular Bag PurePE” and “PharmaGuard” are among the winners of the global competition, which honors the best of the best in packaging innovation every year. Both solutions are based on mono-material structures...

Roche Headquarters

A strong Swiss franc as well as the decline in sales in the coronavirus business and strong competition from generic products have impacted Roche in 2023. In the past financial year, the pharmaceutical company recorded sales growth of one percent at constant exchange rates to CHF 58.7 billion. This increase in sales...