Business

close up of solar panels

Vattenfall and Evonik Partner for Green Electricity

Energy supplier Vattenfall and specialty chemicals company Evonik have concluded new long-term electricity supply contracts. As of 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of 10 years and fixed conditions. Read More…

KANSAI HELIOS to Acquire WEILBURGER Coatings

KANSAI HELIOS has signed a share purchase agreement with GREBE Holding in Weilburg, Germany to acquire WEILBURGER Coatings. WEILBURGER Coatings is an industrial coatings producer and has group companies in Germany, Italy, France, Turkey, China, Brazil, India and the United States. According to KANSAI HELIOS, this consolidation will further strengthen KANSAI HELIOS’ market position in industrial coatings segments and expand its geographical footprint internationally. Read More…

Evonik Expands Production of Precipitated Silica

Silica producer Evonik is investing in a plant expansion for precipitated silica at its Charleston, S.C. site. According to the company, the new line will increase the company’s production capacity for precipitated silica at the site by 50 percent. The Charleston facility is part of a network of 18 precipitated silica production sites globally. Read More…