Evonik Industries and Siemens announced the launch of their joint research project Rheticus II, to develop an efficient and powerful test plant that will use carbon dioxide (CO2) and water as well as electricity from renewable sources and bacteria to produce specialty chemicals. In the Rheticus I project, the two companies worked for two years […]

The Board of Directors of SONGWON Industrial Group announced with deep sadness, the unexpected death of the company’s CEO, Maurizio Butti, 62, on Saturday, 7 September 2019. “The entire SONGWON family mourns the sudden loss of our CEO. With the organization since 2006, Maurizio was an inspiring leader, managing the company with humor, integrity and […]

Ingevity has established a dedicated lubricants laboratory in Shanghai, China, to better serve customers in the Asia-Pacific region. The facility is Ingevity’s second lubricants-focused technical center globally, and will provide a dedicated location where Ingevity technical staff can partner with customers to develop optimally-performing lubricant solutions. The capabilities in the Shanghai laboratory will include quality […]

The Lubrizol Corporation has appointed Ana G. Rodriguez as corporate vice president and chief human resources officer, effective 3 December 2018, succeeding Andy Panega, who announced his retirement earlier this year. Panega joined Lubrizol in October 2011, bringing with him more than 30 years of experience in human resource management. Since 2016, Rodriguez served as […]

U.S. specialty chemicals manufacturer Ingevity Corporation has reported strong third-quarter growth in its latest financial results released on 24 October. Third-quarter net sales increased 17.8% to USD311.2 million compared to the previous year’s third quarter, and the company reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of USD90.7 million (compared to USD72.7 million […]

Innospec Inc., a global specialty chemicals company, announced its plan to streamline its facilities in Europe and focus its research, development and technical service activities on centers of excellence. This will result in the closure of its facility in Everberg, Belgium. “Since acquiring the business from Huntsman at the end of 2016, we have been […]

SK Capital Partners, a private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, announced on October 15 the completion of the acquisition of SI Group, a leading global developer and manufacturer of performance additives and intermediates. The transaction includes the combination of SI Group with Danbury, Connecticut, U.S.A.-based Addivant, an SK Capital […]

The former AkzoNobel Specialty Chemicals has been relaunched as Nouryon. The move follows the recent acquisition of the business by The Carlyle Group and GIC and marks the company’s transition to becoming an independent, global specialty chemicals leader. “Launching our new company is a significant milestone to add to our proud history and we are […]

Mike Radossich has been named the president of the Solvay Group’s Novecare global business unit. He will succeed Emmanuel Butstraen, who will leave to pursue opportunities outside of the Group. Radossich will lead the business unit, which makes specialty surfactants and formulations serving customers in agriculture, coatings, home, and personal care, industrial and oil and […]

Afton Chemical Corp., a global leader in the lubricant and fuel additives market, announced the completion of the Phase II expansion of its additives plant in Jurong Island, Singapore. This milestone was marked by a special visit from Singapore’s Minister for Trade & Industry Chan Chun Sing. Afton Chemical began its Singapore manufacturing operations in […]