Ginkgo Bioworks has agreed to acquire Dutch DNA Biotech, a Netherlands-based company focused on developing fungal strains and fermentation processes for producing proteins and organic acids. As per the terms of the deal, the US-based organism company will acquire 100% of the Dutch company through a mix of cash and stock. Additionally, some shareholders of […]
Netherlands-based chemical company LyondellBasell has begun production of virgin quality polymers from raw materials extracted from plastic waste at its Wesseling, Germany site. By the thermal conversion of plastic waste at the LyondellBasell production sites, the raw material is converted into ethylene and propylene, and then processed into polypropylene and polyethylene in the downstream plants […]
Modi Biotech Private Limited has become a 100% subsidiary of Modi Naturals and has been incorporated in India on 27th April, 2021. The company deals in manufacturing and supplying of spirits and related products related to the chemical industry.
Nouryon, a Dutch specialty chemicals company, and Atul Ltd, an Indian chemicals company, have commenced production of monochloroacetic acid (MCA) at Anaven, their new joint venture (JV) in Gujarat. The production is expected to address the increasing demands of agricultural, pharmaceutical, and personal care markets. Anaven has a capacity of manufacturing 32,000 tons per year […]
Indonesia and Japan will collaborate on a study on carbon capture and storage (CCS) and utilization of carbon dioxide for producing clean fuel ammonia in Central Sulawesi, as per an announcement made in March 2021. In this connection, a memorandum of understanding (MOU) has been signed by Japanese entities – Japan Oil, Gas and Metals […]
Aimco Pesticides has bagged a three-year contract manufacturing agreement for one of its existing products with an undisclosed Indian agrochemical major. According to the Mumbai-based agrochemicals company, the contract calls for the supply of its existing technical product to the customer for three years, starting from April 2021. Aimco Pesticides anticipates production to stabilize fully […]
Leaf Resources, an Australian chemical manufacturing company, has completed construction at its pine chemical plant in Apple Tree Creek plant, Queensland, and has started production. The company’s fully-owned subsidiary Essential Queensland has produced the first batches of terpene and rosin from pine trees at the plant located in the Apple Tree Creek town. Leaf Resources […]
LANXESS, a German specialty chemicals company, has agreed to acquire US-based Emerald Kalama Chemical for $1.075 billion, inclusive of debt. Emerald Kalama Chemical manufactures specialty chemicals, particularly for the consumer segment. The company is majority-owned by affiliates of American Securities, a US private equity firm. Last year, Emerald Kalama Chemical registered sales of nearly $425 […]
Huntsman, a manufacturer and marketer of differentiated and specialty chemicals, has wrapped up its $250 million acquisition of Ohio-based specialty chemical manufacturer Gabriel Performance Products from Audax Private Equity. The all-cash deal was announced in December 2020. Gabriel Performance Products manufactures specialty additives and epoxy curing agents. The specialty chemical manufacturer caters to the coatings, […]
LyondellBasell and Sasol have agreed to create a 50:50 joint venture (JV) under which the former will acquire a 50% stake in the latter’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear-low density polyethylene plants, and associated infrastructure in Louisiana, US for $2 billion. The deal includes customary rights for each partner […]