Chemicals
The companies featured on PressReleaseFinder are active in several industries.
1 Nov 2022
Clariant completes acquisition of BASF’s U.S. Attapulgite business assets
Clariant, a focused, sustainable, and innovative specialty chemical company, today announces that it has completed the acquisition of BASF’s U.S. based Attapulgite business assets for USD 60 million in cash. Structured as an asset deal, the transaction includes the transfer of land as well as mining rights, the processing facility, and inventories, which will be integrated into Clariant’s Functional Minerals business. The finalized deal also includes an agreement for the long-term supply of attapulgite-based products to BASF. The transaction will improve the EBITDA margin profile of Clariant’s Business Area Natural Resources while supporting the company’s path towards reaching its 2025 targets.
31 Oct 2022
Clariant Oil Services expands EMEA Footprint and launches state-of-the-art Technical Center ahead of ADIPEC 2022
Clariant Oil Services – a leading supplier of specialty oilfield production chemicals and services to the oil and gas industry – announced its expansion in the Middle East with the launch of its state-of-the-art facility for advanced oil and gas solutions. Located in the Dubai Science Park (DSP) in Dubai, United Arab Emirates, the EMEA Technical Center will leverage the latest technologies and more sustainable oilfield chemicals. The regional hub will give customers in major oil producing countries access to Clariant’s global innovation team and address three competencies: corrosion, Fluid separation, and flow assurance.
Solvay announced that Actizone® F5, which was successfully launched in the EU and approved by the Environmental Protection Agency (EPA) in November 2021, has now completed registrations within all fifty US states. This ready-to-use broad-spectrum disinfectant for hard surfaces with revolutionary 24-hour antimicrobial sanitization, is now therefore available in the United States.
Solvay, a global market leader in mining reagent-based solutions for more than 100 years, is continuing its digital journey with SmartFloat™, which is a first-of-its-kind digital system based on artificial intelligence (AI) that enhances base metal flotation by improving operational efficiency, metallurgical results and sustainability. SmartFloat™ provides another tool for flotation operations to implement improvements, just as SolvExtract® has done for solvent extraction since its launch in 2019.
Clariant Mining Solutions will open a dedicated global Competence Center for Decarbonization Minerals (CCDM) at the Dubai Science Park in Dubai, United Arab Emirates (UAE) on October 25, 2022. This laboratory is designed to meet the increasing global demand for solutions to process decarbonization minerals more efficiently.
Today, Milliken & Company, a trusted expert in polymer additive and colorant technology, and diversified global manufacturer, and PureCycle Technologies, Inc. (NASDAQ: PCT), jointly announced that they have created the first fully sustainable concentrate for PP on the market. This development advances circularity, since the concentrate based on PureCycle materials will allow for greater use of 100% recycled content. Additionally, when used in combination with PureCycle’s recycled PP, it produces a formulation with a carbon footprint (GHG) approximately 35% lower than that of virgin PP.