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...
Clariant is celebrating the 40th anniversary of the Belen, NM, USA desiccant manufacturing site. Beginning in 1983 with Desi Pak bentonite clay desiccants, the site has developed a range of innovative products for varied industries including intermodal transport, electronics and semiconductors, aerospace and defense,...
Clariant and the Technical University of Munich (TUM) have renewed their long-term strategic alliance in the field of research and application of new catalyst systems. The cooperation project "MuniCat", an abbreviation of Munich Catalysis, has been developing improved catalyst compositions and designs as well as novel...
Clariant has officially inaugurated its new and state-of-the-art halogen-free flame retardants production facility in Daya Bay, Huizhou, in China. The investment of CHF 60 million in the plant's first production line gives local customers access to novel and sustainable Exolit OP flame retardants. It also brings strong...
Biesterfeld Spezialchemie, a business unit of the Biesterfeld Group, is bundling its business in the three overarching clusters "Industrial", "Consumer" and "Healthcare" with immediate effect. With the new structure and a newly created management level of Global Business Directors, the Group, which is one of the...
Bjørn-Erik Dahlmann is the new Managing Director of Lindberg & Lund AS in Norway. He succeeds Morten Haugberg, who is retiring after 35 years in Lindberg & Lund and has been Managing Director since 2001. Lindberg & Lund AS is a subsidiary of Biesterfeld Spezialchemie and part of the Biesterfeld Group, one...
Effective March 1st, Ib Jensen takes over from Jan Secher as Chief Executive Officer of Perstorp Group, a specialty chemicals company headquartered in Malmö, Sweden and since 2022 part of Petronas Chemicals Group Berhad (PCG for short). Ib Jensen is a highly respected senior industry executive with a long career as CFO...
In August 2021, specialty chemicals company Lanxess completed the acquisition of Emerald Kalama Chemical. The U.S.-based company is a world-leading manufacturer of specialty chemicals. All required regulatory approvals have been received. The company financed the purchase price of around EUR 870 million from liquid...
Specialty chemicals suppliers are likely to face less pressure on their credit quality than integrated or bulk suppliers, which are exposed to more commoditised products. Credit quality could improve if economic growth does not slow too drastically. In the coming year, Scope sees half a dozen main trends for chemicals...
