Transparent, thermally stable polyamide-100 percent biobased

The natural substance 3-carene is a component of turpentine oil, a waste stream of the production of cellulose from wood. Up to now, this by-product has been incinerated for the most part. Fraunhofer researchers are using new catalytic processes to convert 3-carene into building blocks for biobased plastics. The new polyamides are not only transparent, but also have a high thermal stability. Plastics are a useful alternative to glass or metal for a wide range of applications. Polyamides play an important role in the manufacture of high-quality structural components, as they are not only impact- and abrasion resistant, but also resistant to many chemicals and solvents. Read More

Israel Chemicals Ltd (ICL), a developer of fertilizers and other chemical products, is in talks to buy Haifa Chemicals Ltd, a supplier of specialty fertilizers, for more than a $1 billion in cash and stock, according to a person familiar with the matter. Tel Aviv-based ICL, which focuses primarily on agriculture, food and engineered materials, has long been seen as a logical buyer for Haifa, according to industry observers. The two firms have a history of potential merger discussions and have major assets located close to each other in Israel.The Israeli deal could result in synergies approaching $100 million a year, the person familiar with the matter said. Read More

BP Plc, National Oil Corporation (NOC) and Eni have signed an agreement expected to lead to Eni and BP working together to resume exploration activities on a major exploration and production contract in Libya. A letter of intent (LOI) was signed by Mustafa Sanalla, chairman of National Oil Corporation, BP group CEO Bob Dudley and Eni CEO Claudio Descalzi. The parties agreed to work towards Eni acquiring a 42.5 percent interest in the BP-operated exploration and production sharing agreement (EPSA) in Libya. On completion, Eni would also become operator of the EPSA. Read More

The former AkzoNobel Specialty Chemicals is being relaunched as Nouryon. The move follows the recent acquisition of the business by The Carlyle Group and marks the company’s transition to becoming an independent, global specialty chemicals leader. Nouryon has a history that stretches back nearly 400 years and its new name and brand identity reflect that heritage. Noury & Van der Lande was one of the first companies to realize the important role chemistry could play in everyday life; today, Nouryon is a world leader in essential chemistries used to manufacture everyday products. Read More

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