Dräger

Chemical Management, Products and Technologies

ExxonMobil | December 09, 2022

ExxonMobil today announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business. The corporate plan through 2027 maintains annual capital expenditures at $20-$25 billion, while growing lower-emissions investments to approximately $17 billion. This disciplined approach prioritizes high-return, low-cost-of-supply assets in the Upstream and Product Soluti...

Chemical Processing | January 17, 2020

Specialty chemicals provider Vertellus acquires Bercen Chemicals, a U.S. supplier of alkyl succinic anhydrides and additives used in the fuel, lubricant and paper industries. The acquisition complements Vertellus’ current capabilities and the combined business is better positioned to service global customers, according to the company. Bercen’s gulf coast location with rail access reportedly supports the growing fuel and lube additive market in North America. Pilot facilities will als...

Zawya | June 14, 2020

The chemical industry in the Arabian Gulf must plan and prepare for the post-COVID period, turning adversity into advantage, and capitalize on the lessons learned to retain and enhance its global competitiveness, according to the Gulf Petrochemicals and Chemicals Association (GPCA). In a newly released white paper entitled ‘COVID and Chemicals’ GPCA provides exclusive insights into the impact of the coronavirus pandemic on supply and demand, petrochemical prices, the dual shock from ...

Chemical Management

PRNewswire | July 14, 2023

Toray Composite Materials America, Inc. is pleased to announce a major expansion of its carbon fiber facility in Spartanburg, South Carolina. This capital investment in capacity is essential to meet the growing demand for clean energy solutions. The 30,000 square foot facility expansion will increase Toray's carbon fiber capacity by 3,000 metric tons annually starting in 2025. Toray CMA, the largest producer of carbon fiber in the United States, is a primary supplier of carb...