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BASF, Evonik | July 27, 2020
Chemical firms’ search for growth is taking them to China to invest in young companies with new technology. BASF and Evonik Industries are backing SmartAHC, an animal health monitoring start-up based in Chengdu and Shanghai. SmartAHC is targeting pig farms for its networked monitoring devices and software that use artificial intelligence to identify individual pigs, track their location, and measure their temperature and fertility. It can help farmers detect and isolate sick animals to pre...
JD Supra | March 13, 2020
President Trump has made it official: He intends to nominate Nancy B. Beck, a chemical industry insider and a scientist who built a record at the U.S. Environmental Protection Agency of scaling back safeguards against toxic substances, to lead one of the nation’s top and lately troubled consumer safety watchdogs. The ascent of Beck to head the Consumer Product Safety Commission has been anticipated and is unsurprising. It still angered consumer groups and Democrats, who pointed to her reco...
Chemical Management
Lummus Technology, LLC | February 18, 2022
Lummus Technology announced that Shandong Yulong Petrochemical Co., Ltd., a subsidiary of China's Nanshan Group, has selected its CDAlky® technology for use in a new 400 KTA alkylation unit. The unit will be part of Shandong Yulong's 20,000 KTA Refining and Petrochemical Integrated Project, a mega complex in Shandong Province, China. "Our customers count on Lummus to help profitably and safely produce cleaner fuels with lower environmental im...
Ara Partners | January 10, 2022
Repeats Group B.V. announced its launch and plan to build a pan-European plastics recycling platform focused on producing high-quality recycled low-density polyethylene with a €100 million equity commitment from Ara Partners. Ara Partners is a global private equity firm that specializes in industrial decarbonization investments. Repeats utilizes a best-in-class mechanical process to transform post-commercial plastic waste into high-quality resin suitable for commercial and in...
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