23 Aug 2021
Clariant acquires remaining 70% in Brazilian Personal Care specialty company Beraca to seize full control
Clariant, a focused, sustainable and innovative specialty chemicals company, has signed an agreement to acquire the remaining 70% in Brazilian Personal Care Specialties company Beraca from the founding Sabará family. Clariant has held a 30% stake in the company since 2015. The purchase price will not be disclosed. The acquisition is subject to regulatory approvals and is expected to close in Q4 2021.
19 Aug 2021
SABIC launches NORYL™ polyol for cast polyurethanes, simultaneously increasing hardness and elasticity to help extend the life of industrial applications
SABIC, a global leader in the chemical industry, today introduced NORYL™ AP2001G polyol for cast polyurethane (PU) applications. By partially replacing polypropylene glycol (PPG) or polytetramethylene ether glycol (PTMG), this oligomer of polyphenylene ether (PPE) improves the performance of cast PU systems by increasing both hardness and elasticity – properties that have been difficult to improve simultaneously until now. In addition, NORYL AP2001G polyol provides resistance to oils, moisture, abrasion, tearing and heat, helping cast PU parts withstand extreme conditions and potentially lengthen their useful life. Potential applications include mining drill bits, screens and protective pipe liners for slurry transport; components for hydraulic, robotic and conveying equipment; and wheels, casters and rollers.
19 Aug 2021
Avery Dennison’s WB0030 wash-off adhesive has been approved by Returpack and Infinitum for PET bottle recycling
In Scandinavia, demand for labels that enable PET recycling is growing and new regulations are prioritizing this type of packaging over glass. However, labeling technology for PET beverage bottles must follow guidelines established by the bottle deposit systems Returpack in Sweden and Infinitum in Norway.
18 Aug 2021
Perstorp Potassium Formate: now an EU-registered fertilizer
Perstorp Potassium Formate (PoFO) is now registered as a fertilizer, fulfilling the requirements outlined in EC 2002/2003. With this EU registration Perstorp makes it easier for farmers to improve both crop quality and yields as there is no longer a need for local raw material registration when using PoFo based fertilizers, like Amicult™ K 42.
18 Aug 2021
Archroma announces Chief Financial Officer succession
Archroma, a global leader in specialty chemicals towards sustainable solutions, today announced that it has appointed Thomas Bucher as its new Chief Financial Officer (CFO) effective 1 October 2021, replacing Roland Waibel who will retire.
16 Aug 2021
Guardian Glass to add jumbo laminated glass production line at Ryazan, Russia plant
To support the increasing demand for laminated glass in Russia and the Commonwealth of Independent States, Guardian Glass is adding a new jumbo laminated glass production line at its Ryazan, Russia plant.
13 Aug 2021
SONGWON Industrial Group announces solid Financial Results for Q2/2021
Today, SONGWON Industrial Group published its audited Q2 and half-year financial results for the 2021 financial year. Over the quarter, the Group achieved consolidated sales of 232,091 Million KRW marking a 17.1% increase in revenue over the same quarter of the previous year. Year-to-date (YTD), the Group realized consolidated sales of 454,578 Million KRW, representing an 11.2% rise over YTD June 2020 (408,688 Million KRW), and recorded a net profit of 24,137 Million KRW delivering a 45.4% increase over the same reporting period in the previous year (YTD June 2020: 16,604 Million KRW). In addition, the Group’s gross profit margin achieved in Q2/2021 was 22.5% and YTD 22.0% reflecting an increase of 1.4%-points and 1.6%-points over the prior year comparable period.
12 Aug 2021
SGP Partnership to participate in the Kansas City Sports & Sustainability Symposium
The Sustainable Green Printing Partnership (SGP), the leading authority in sustainability certification for the printing industry, announced today its participation in the Kansas City Sports & Sustainability Symposium on Aug. 17, 2021. The Symposium will be held at Kansas City Chiefs’ Arrowhead Stadium. Attendees include regional professional and collegiate sports teams and venues, concessionaires, business and public leaders, and athletes to explore how the industry can make plays to advance healthier, more sustainable communities.
