17 Jun 2021
Covestro launches total solutions approach to turbocharge performance and innovation in the decorative industry
Covestro today announces the launch of a game-changing, total solutions approach developed by the resins and functional materials business recently acquired from DSM. Based on unique customer and end-user insights to the approach supports paint manufacturers in accelerating innovation and product improvements within the high-performance decorative industry. By leveraging proprietary artificial intelligence tools and a broad set of technologies, Covestro will support paint manufacturers to develop differentiating solutions and address evolving market demands better than ever before.
16 Jun 2021
TotalEnergies, MPG Manifattura Plastica S.p.A. and Froneri announce the commercial launch of bio-based ice cream plastic cups made from Certified Renewable Polypropylene
TotalEnergies, MPG Manifattura Plastica S.p.A. and Froneri join forces to develop a sustainable food packaging made from Certified Renewable Polypropylene.
16 Jun 2021
EU LIFE project absolutely circular: Indaver and INEOS Styrolution announce production of first ABS with recycled styrene
Indaver, a leader in sustainable waste management and INEOS Styrolution, global leader in styrenics, announced today the first production of “ABrS”, i.e. ABS[1] with the styrene component based on recycled feedstock.
16 Jun 2021
Belden & Hirschmann Neckartenzlingen als ‚Beste Arbeitgeber Baden-Württemberg 2021‘ ausgezeichnet
Belden, ein weltweit führender Anbieter von industriellen Netzwerklösungen, hat erneut seine herausragende Stellung als einer der attraktivsten Arbeitgeber in Deutschland bewiesen. Nach der erfolgreichen Zertifizierung des Unternehmens als Great Place to Work in Deutschland vom Dezember 2020 rangieren Belden und Hirschmann nun auch unter den 27 besten Arbeitgebern in Baden-Württemberg. Der Standort Neckartenzlingen erreichte den dritten Platz unter den Firmen mit 501 bis 1.000 Beschäftigten.
16 Jun 2021
Fraunhofer, SABIC, and Procter & Gamble join forces in closed-loop recycling pilot project for single-use facemasks
Fraunhofer Institute UMSICHT, SABIC and Procter & Gamble (P&G) today announced their collaboration in an innovative circular economy pilot project which aimed to demonstrate the feasibility of closed-loop recycling of single-use facemasks.
16 Jun 2021
Packaging challenges of rapid urbanisation
OQ has hosted food packaging industrialists at a webinar exploring the contribution that high-grade polymers can make to enhancing environmental sustainability in food processing and packaging during an age of rapid urbanisation.
15 Jun 2021
UniteChem has opened a second R&D Center in Shanghai to boost the technical support of global customers
UniteChem Group, the world’s leading supplier of light stabilizers for plastics in a broad range of high-end industrial applications, has announced major investments to further expand the availability of its technical support capabilities for customers in Europe and worldwide. As part of the company’s commitment to invest 5 percent of its total revenue in R&D, UniteChem has recently opened a second R&D and Innovation Center in Shanghai, complete with state-of-the-art testing, analyzing and process evaluation equipment.
14 Jun 2021
Clariant completes its divestment program by reaching agreement to divest its Pigments business
Clariant, a focused, sustainable and innovative specialty chemical company, today announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending on an earn-out payment of CHF 50 million contingent on the 2021 financial performance of Clariant’s Pigments business. This represents a multiple of 10.7 to 11.4 times the stand-alone adjusted 12-month EBITDA per April 2021 (LTM).
