Covestro starts commercial production of lightweight composites


Covestro AG has started commercial production of a novel lightweight, high-strength and aesthetically powerful material. The continuous fibre-reinforced thermoplastic composite material (CFRTP) can be produced efficiently and is attracting interest from many customers and industries. To leverage this market potential, Covestro has significantly expanded its production capacity and developed the Franconian town of Markt Bibart (Germany) into a location for high-tech materials. Read more

 

BASF SE and Toda Kogyo Corp (TODA) has closed their agreement to form BASF Toda America LLC (BTA). As the next step in BASF’s business growth strategy for its battery materials business, the new entity will be majority owned and controlled by BASF and is the second successful collaboration of BASF and TODA.BTA will produce and market high energy nickel cobalt manganese (NCM) and nickel cobalt aluminium oxide (NCA) cathode active materials (CAM) for e-mobility applications. Read more

 

SNC-Lavalin (SNC) in consortium with TechnipFMC, has been awarded a lump sum EPC contract to supply Nova Chemicals with two gas cracking furnaces. This award supports the recently announced third phase of the conversion and expansion of Nova Chemicals’ Corunna cracker. The cracker which is expected to increase the unit’s current ethylene capacity by more than 50 percent and is linked to the construction of a new polyethylene facility being developed by Nova Chemicals. Read more

 

Ingevity Corporation has completed the acquisition of Georgia-Pacific’s pine chemicals business for $310 million in cash. Ingevity expects to derive approximately $11 million in net synergies as a result of the acquisition, which are expected to be attained through lower logistics costs, manufacturing optimization among the combined three chemicals plants and leveraged procurement costs. In purchasing the pine chemicals business, Ingevity has acquired the pine chemicals-related assets at Georgia-Pacific’s Crossett plant. Read more

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Corrosion Technology Forum 2018


 

A two-day conclave on Corrosion Technology Forum, will focus on corrosion problems in chemical & process industry by galaxy of national & international experts, organized by Worldofchemicals.com & the society for surface protective coatings India.

Get more information on: Corrosion Technology Forum 2018