Schülke for sale, Air Liquide confirms
Air Liquide has confirmed that it is considering selling its German-based subsidiary Schülke and has reportedly hired JP Morgan to find a buyer.
How Solvay plans to GROW
Solvay has announced its new 'GROW' strategy, following what CEO Ilham Kadri described as "a comprehensive strategic review of our entire portfolio". The acronym comes from aims specific to the company's three realigned segments and the Solvay One operating model.
EU investigates state aid to MCAA player
The European Commission has opened an in-depth investigation to assess whether two support measures that Poland granted to PCC MCAA to invest in a new monochloroacetic acid (MCAA) plant in 2012-13 were in breach of EU rules on regional State aid.
IMCD acquires on three continents
Speciality chemicals distributor IMCD has made buys in North America, Europe and Asia in the space of four days. It has completed the previously announced acquisition of Horn in the US, plus DCS Pharma in Switzerland and a majority stake in South Korean Whawon Pharm.
ROMEO, ROMEO...
Evonik and nine partners in the ROMEO (Reactor Optimisation by Membrane-Enhanced Operation) project have succeeded in developing catalysing oxo reactions, in which olefins are converted into aldehydes with synthesis gas in a hydroformylation reaction.
Two invest in lithium hydroxide
The two largest players in lithium chemistry have both made significant investments in the past month, with Albemarle closing a deal that gives it a stake in a spodumene mine in Western Australia and Livent has begun construction of more lithium hydroxide production in the US.
Rheticus: Evonik and Siemens launch phase II
Evonik and Siemens have launched their joint research project Rheticus II, which seeks to develop an efficient and powerful test plant that will develop speciality chemicals from CO2, water, renewable electricity and bacteria.
