California-based digital 3D manufacturing company – Carbon 3D has reportedly announced the addition of new partners to its extensive Carbon Production Network (CPN). Reports claim, the network is rapidly expanding and now includes over 20 U.S-based partners. Reportedly, some of the new partners the manufacturing …
The German adhesive manufacturing company Covestro has reportedly announced that it is investing $12 million in its Shanghai facility to expand MDI capacity. Reports claim, the company recently kicked off a second round of assessments at the facility to ascertain its environmental impact. Reportedly, the …
Vietnam’s petroleum and natural gas company, Petrolimex recently made plans to halt its about $5 billion Nam Van Phong petrochemical project. The project, jointly developed by Japan’s petroleum and metals conglomerate, JXTG Holdings, has been put on the backburner for now so that the firm …
The Dutch paint & chemical company AkzoNobel N.V. has recently announced that it has completed the sale of its specialty chemicals arm to Singapore’s GIC and U.S. private equity firm Carlyle Group in a deal worth 10.1 billion euros (USD 12.57 billion). According to sources, …
The China-based Hengli Petrochemical (Dalian) Company Limited has reportedly announced to have signed a deal with INVISTA Performance Technologies (IPT) to license the new purified terephthalic acid (PTA) process technology of INVISTA for its fifth PTA line. The latest PTA line and the fourth line …
BASF SE – a renowned German chemical company has reportedly announced that it has entered into a definitive agreement with LetterOne to merge Wintershall and DEA, their respective oil & gas businesses, in a joint venture (JV). The companies revealed that the JV would be …
Tesco, the British supermarket chain, in an effort to encourage customers to recycle used plastic bottles, has started a trial run for in-store recycling machines at Borehamwood. The reverse vending machine will pay customers 10 pence for each plastic bottle returned. Additionally, customers will soon …
Valmont Industries, Inc., has recently confirmed that it has signed a definitive agreement to buy CSP Coatings Systems, a company based in Auckland, New Zealand. The deal is expected to be closed by the forth quarter of fiscal 2018 and Valmont will be paying for …
