Business

Hempel Enters Partnership with CVC

The Hempel Foundation, in agreement with the Hempel A/S Board of Directors, has agreed to invite CVC Funds to become a minority investor in Hempel A/S. According to Hempel, the partnership with CVC will support the acceleration of Hempel’s growth and value creation plan, such as increasing investment in the development of new sustainable technologies. Read More…

Syensqo Achieves Carbon Neutrality

Syensqo reports that its Kallo-Beveren production facility in Belgium has achieved carbon neutrality by running exclusively on renewable energy. The facility produces Syensqo’s Ryton® polyphenylene sulfide (PPS) specialty polymer compounds. Read More…

OQ Chemicals Resumes Operations in Germany

OQ Chemicals has resumed operations at its German plants in Oberhausen and Marl after a recent disruption at a raw material supplier's synthesis gas plant that led to a declaration of force majeure for certain products. OQ Chemicals says that during the operational pause, it implemented enhancements to optimize production processes such as data flows and work processes across asset management, operations technology, and engineering. Read More…

Azelis Expands CASE Application Lab in Wisconsin

Azelis has completed upgrades and expansion of its Wisconsin facility to create another industry leading applications lab for customers and principals in the Americas. The Wisconsin CASE application lab will support the coatings, adhesives, sealants, and elastomers (CASE) business along with the construction, mortars market across the United States and Canada. Read More…

Schenck Process Becomes Qlar

The German-headquartered Schenck Process will rebrand as Qlar on May 13. The company will continue to serve all existing target industries, including chemicals, high-performance materials, cement, steel, infrastructure, transport, and energy. The Schenck Process brand, with its existing portfolio, will remain as a product brand under the roof of Qlar. Read More…