Chemicals/Plastics
Ascend Performance Materials Establishes 40 Percent NTA-Na3 Liquid Production in Europe
26/06/2017 — HOUSTON — (BUSINESS WIRE) Ascend Performance Materials today announced it has fully commissioned production of 40 percent NTA-Na3 (nitrilotriacetic acid trisodium salt) liquid. Ascend’s NTA-Na3 product offerings will […]
Lidl UK signs 5-Year Agreement with IFCO
Leading discount retailer selects IFCO trays for meat, poultry, and seafood shipments 23/05/2017 — PULLACH, Germany — (BUSINESS WIRE) IFCO, the leading global provider of reusable packaging solutions for fresh […]
ADM Adds to European Sweetener and Starch Footprint with Proposed Acquisition of Chamtor
French facility well-positioned to serve key markets in Western Europe 27/03/2017 — CHICAGO — (BUSINESS WIRE) Archer Daniels Midland Company (NYSE: ADM) announced today that it has been granted exclusivity […]
J.M. Huber Corporation Reaches Agreement to Sell Silica Business to Evonik for $630 Million
09/12/2016 — EDISON, N.J. — (BUSINESS WIRE) The J.M. Huber Corporation announced today that it has signed a definitive agreement to sell the Silica business unit of Huber Engineered Materials […]
Momentive Settles Legal Action with Hungpai with respect to Momentive’s NXT* Silane Patent Rights
25/10/2016 — WATERFORD, N.Y. — (BUSINESS WIRE) MPM Holdings Inc. (“Momentive” or the “Company”) announced today that it has reached a settlement with Dongguan Hungpai Shoe Material Manufacturing Co., Ltd. […]
IFCO enters Colombian reusable plastic crate segment through acquisition of Empacotecnia SAS
04/05/2016 — PULLACH, Germany — (BUSINESS WIRE) IFCO SYSTEMS, a Brambles Company, is pleased to announce the acquisition of Empacotecnia SAS (“Empacotecnia”), Colombia’s leading provider of reusable plastic crate (RPC) […]
New Study Shows IFCO Reusable Plastic Containers Generate 31% Less CO2 Compared to Cardboard Boxes
Shipping Fresh Produce in RPCs Reduces Environmental Impact Across All Key Categories 21/04/2016 — PULLACH, Germany — (BUSINESS WIRE) IFCO today released the results of a new peer-reviewed life cycle […]
3M Unveils Intelligent Inhaler Designed to Help Control Spiraling Costs of Respiratory Disease
Technology aims to solve patient competence and adherence challenges, minimizing burden on health care providers and payers 19/04/2016 — ST. PAUL, Minn. — (BUSINESS WIRE) Research shows that an estimated […]
GAF Announces the Acquisition of Icopal
GAF, North America’s largest roofing manufacturer, announced today that it has entered into a definitive agreement to acquire Icopal (“the Company”), a leading pan-European manufacturer of roofing and other waterproofing products, from Investcorp Ltd for approximately €1 billion. The transaction, which builds upon GAF’s market-leading products by adding a portfolio of high-quality brands in Europe and the United States, will create the world’s pre-eminent roofing company. The acquisition is expected to close by the second quarter of 2016.
Olenex to Become a Full-Function Joint Venture
Archer Daniels Midland Company (NYSE: ADM) and Wilmar International Limited (SGX: F34) announced today that they have entered into an agreement whereby Olenex, their partnership to market oils and fats in Europe, will become a full-function joint venture with its own assets. As part of the agreement, ADM will transfer two sites—a specialty oils and fats facility and a palm refining plant in Hamburg, Germany—to the new joint venture. Wilmar will transfer its tropical oils processing plants in Brake, Germany and Rotterdam, the Netherlands. In addition to processing, the joint venture will also integrate raw materials sourcing, trading, and sales and marketing operations. The agreement also stipulates that refined oils and fats from ADM’s other plants in the Czech Republic, Germany, the Netherlands, Poland and the U.K. will be marketed by Olenex.