15 Aug 2024
SABIC and Lubrizol collaborate on sustainable soft-rigid compatible material solutions
SABIC, a global leader in the chemical industry, and The Lubrizol Corporation, a leader in specialty chemicals, have developed compatible material solutions well suited for various applications in the consumer electronics and mobility industries, among others. These solutions, which combine soft and rigid materials, can help customers advance their sustainability goals, enhance the protection of ever-thinner and more vulnerable applications, and streamline manufacturing through part consolidation.
14 Aug 2024
SONGWON Industrial Group releases Q2/2024 Financial Results
SONGWON Industrial Group today released its Q2 and HY financial results for 2024. In the 2nd quarter of 2024, SONGWON achieved consolidated sales of 273,521 Million KRW, reflecting a 1.6% increase over Q2/2023 (269,232 Million KRW). Year-to-date (YTD), the Group realized consolidated sales of 529,273 Million KRW, marking a slight decrease of 1.3% over YTD June 2023 (536,399 Million KRW). For YTD June 2024, the Group’s gross profit margin was 15.9%, maintaining the same level as the corresponding period in 2023.
13 Aug 2024
SABIC to feature at PCIM Asia first commercial application of ELCRES™ HTV150A film in capacitors
SABIC, a global leader in the chemical industry, will highlight at PCIM Asia 2024 (in Hall 11, Booth H03) the first commercial application of its high-heat ELCRES™ HTV150A dielectric film. Japan’s Nichicon Corporation used this ultra-thin specialty film to develop high-temperature, high-voltage, commercial-quality capacitors for AC-DC traction inverter modules in electric vehicles. This technological breakthrough addresses industry demand for advanced film capacitors that can enable more-efficient AC-DC power modules.
8 Aug 2024
Clariant’s EnviCat® Green series catalyst chosen for major green ammonia project in China
Clariant, a sustainability-focused specialty chemical company, today announced that a deoxygenation catalyst from its EnviCat Green series was selected for a major green ammonia project in China. The catalyst will be used to remove trace oxygen from green hydrogen produced at the facility, before conversion into green ammonia. Carbon-free production of ammonia greatly reduces the environmental impact of this valuable base chemical needed for vital applications, such as fertilizer production. Green ammonia is also expected to play a key role in the world’s energy transition, offering versatile applications in transportation, power, and hydrogen supply.
8 Aug 2024
Syensqo and ZF win prestigious SPE Automotive Award 2024
Syensqo, a leader in high-performance specialty polymers, and ZF, a Tier 1 supplying advanced mobility systems, are proud to announce that the outboard housing developed for Volvo’s EX90 vehicle, and manufactured using Xencor™ HPPA long glass fiber (LGF) reinforced, has been honored with the prestigious Automotive Award 2024 by the Society of Plastics Engineers (SPE) Central Europe.
31 Jul 2024
High stability and long service life when used in batteries
The demand for plastics that can be integrated in existing material combinations to achieve a highly effective thermal management system has increased by leaps and bounds in recent years. The reason for this are batteries and charging systems increasingly in demand on the market, which are predominantly used for a variety of battery-controlled electrical appliances or for the total range of e-mobility. KRAIBURG TPE has launched Thermally Conductive TPEs for these applications, which meet the increasing requirements in terms of quantity and quality of batteries to a large extent.
31 Jul 2024
Clariant and OMV aim to reduce carbon footprint of ethylene and ethylene oxide derivatives
Clariant, a sustainability focused specialty chemical company, and OMV today announced their intended collaboration for the supply of ethylene with a lower carbon footprint. In response to increasing consumer demand for more sustainable options, and with a particular focus on Europe, this partnership will help both companies meet their sustainability targets and deliver on the carbon reduction strategies of their customers.
30 Jul 2024
Clariant Catalysts and KBR expand their strategic collaboration to boost low-carbon ammonia
Clariant, a sustainability-focused specialty chemicals company, today announced the expansion of its strategic cooperation with KBR in the field of ammonia production. Ammonia plays a vital role in today´s food production, and it will become even more important as a clean energy source in the future. The partners will continue collaborating on traditional ammonia projects while significantly increasing their focus on low-carbon and carbon-free “green ammonia” applications. The solutions will combine Clariant’s outstanding AmoMax ammonia synthesis catalysts with KBR’s K-GreeN® ammonia technologies to maximize the economics and energy efficiency of ammonia production. KBR is a leading ammonia process provider with over 75 years of experience in licensing and designing more than 250 ammonia plants worldwide. Clariant provides catalysts best suited for the optimum performance of KBR-licensed ammonia plants.
