Foseco

NOVA Chemicals | October 21, 2020

NOVA Chemicals Corp. announced that it has agreed to sell its expandable styrenics business to a subsidiary of Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico). The parties expect to close the transaction in the fourth quarter. The sale of its expandable styrenics business is an important step in NOVA Chemicals’ plan to focus on its olefin and polyethylene business, which includes additional investments to advance a global circular economy for plastic. “This transaction provides...

Chemical Technology

IFF | August 27, 2021

IFF today announced it has entered into an agreement to sell its Microbial Control business unit to LANXESS, a leading specialty chemicals company that develops, manufactures and markets chemical intermediates, additives, specialty chemicals and plastics. The transaction is valued at $1.3 billion and the cash proceeds net of taxes and expenses will be primarily used to reduce outstanding debt. “Today’s announcement is part of a strategic portfolio review and is g...

Chemical Management

Nippon Shokubai and Arkema | May 31, 2022

Nippon Shokubai and Arkema are joining forces to launch feasibility studies and establish a joint venture for the construction of an industrial plant for the production of LiFSI ultrapure electrolyte salts, a key component of battery cells for electric mobility. Ultrapure and high performance LiFSI electrolyte salts, a key component of car battery cells, will speed up the development of new electrolyte formulations for the next generations of batteries, including semi-solid and so...

KADN | March 24, 2020

In the midst of our world’s public health crisis, Louisiana’s chemical facilities continue to go to work creating the things that many of us are using in the fight against Coronavirus. In our state alone, scientists, engineers and technicians are producing the chemicals necessary for household cleaning products, medicines and other important resources to keep our families and friends healthy and safe. To do this critical work, Louisiana’s chemical facilities are protecting empl...