Energy & Power
14 Mar 2025
Syensqo launches market-first non-fluorosurfactant perfluoroelastomer
Syensqo, a leading global provider of advanced performance materials and chemical solutions, announced the introduction of a brand new range of high-performance perfluoroelastomers using the company’s proprietary non-fluorosurfactant (NFS) technology. The Tecnoflon® FFKM NFS products have been specially engineered to expand Syensqo’s successful FFKM offerings for semiconductor manufacturing and other highly demanding markets.
13 Mar 2025
Syensqo announces strategic partnership with Politubes to advance electric motor efficiency
Syensqo, a leader in specialty polymers, and Politubes, a renowned manufacturer of flexible multi-layered spiral-wound tubes and insulator caps components, have announced a strategic partnership to develop slot liner spiral-wound tubes using Ajedium™ polyetheretherketone (PEEK) and polyphenylsulfone (PPSU) film.
9 Jan 2025
Perstorp establishes Amsterdam site in key step to enter the growing synthetic ester business
Global specialty chemicals innovator Perstorp, a wholly-owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), will serve growing specialty fluids markets from new site in Amsterdam.
13 Dec 2024
Perstorp acquires OQ Chemicals Nederland B.V.
Leading global specialty chemicals innovator Perstorp, a wholly-owned subsidiary of Malaysia’s PETRONAS Chemicals Group Berhad (PCG), today announced Perstorp Holding AB has acquired 100 percent of the shares of OQ Chemicals Nederland B.V. from OQ Chemicals GmbH. The deal provides Sweden-based Perstorp with full ownership and control over all of the Dutch company’s production assets, related technology and employees.
19 Nov 2024
Syensqo launches its first fluoro-ionomer based on non-fluorosurfactant technology
Syensqo, a science company focused on developing groundbreaking solutions that support the sustainability ambitions of its customers, has launched Aquivion® N+ 125D, a fluoro-ionomer produced using Syensqo’s proprietary new NFS (non-fluorosurfactant) technology. The new grade is commercially available worldwide and is intended for use in select hydrogen-related applications.
13 Nov 2024
SONGWON Industrial Group announces Q3/2024 Financial Results
SONGWON Industrial Group today published its Q3 financial results for 2024. During the quarter, SONGWON achieved consolidated sales of 285,779 Million KRW and reported a net profit of 11,492 Million KRW. When compared to the sales (Q3/2023: 247,867 Million KRW) and net profit (Q3/2023: 9,372 Million KRW) recorded in the previous year, this marked an increase of 15.3% and 22.6% respectively. For Q3/2024, SONGWON reported a gross profit margin of 17.6%, an increase of 2.9%-points from Q3/2023 (14.7%).
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