Hextar Global, a Malaysian agrochemical company, is acquiring Propel Chemicals (PCSB) for $3.5 million from Propel Global, Rancak Nikmat and Wiramas Baiduri, mainly in order to expand its speciality chemicals portfolio for oil and gas applications. The deal should be completed in Q4.
Evonik has completed the relocation and expansion of its precious metal powder catalyst plant in Shanghai Chemical Industrial Park. Production is scheduled to commence in Q4. No financial details were disclosed.
This completes the upgrade of the company’s global network of five precious metal catalyst plants. Evonik sells the catalysts under the Noblyst P brand name mainly for applications in APIs and agrochemical AIs. China is one of the fastest-growing markets for them.
Gains in biologicals are helping to offset huge market share for generics. Gregory Morris reports from Savannah
It was all business at the Specialty & Agro Chemicals America conference on 19-22 June, in the new venue of Savannah, Georgia. Exhibitors said that there was “a high level of energy at the show,” and this extended to the programme presentations.
Indian agrochemicals giant UPL has announced plans to transfer its speciality chemicals business, including agrochemical active ingredient (AI) manufacturing to its wholly owned subsidiary UPL Speciality Chemicals. This is subject to shareholder approval and should be completed in three to four months.
BASF has announced plans to boost its global capacity for alkyl polyglucosides (APGs) by expanding its sites in Bangpakong, Thailand, and Cincinnati, Ohio, just as it also adding alkoxylation capacities in Antwerp and Ludwigshafen (pictured). Both investments are within the Care Chemicals division.
According to a lifecycle assessment carried out by an independent consultant and verified by a panel of three that was presented at the CESIO World Surfactant Congress in Rome on 5-7 June, the carbon footprint of Cepsa Química’s NextLab facility is 80% lower than that of a traditional linear alkyl benzene (LAB) facility. Greenhouse gas savings are put at 1,320 kg CO2/tonne of LAB produced.
Evonik has begun construction of a new production plant for alkoxides on Jurong Island in Singapore. Described as a “mid double-digit million-euro investment” this will complement sites in Germany, Argentina and the US, supplying the growing Asia-Pacific market when it comes onstream at the end of 2024. The aim is to achieve zero Scope 1 and 2 carbon emissions.
