The Science Based Target initiative (SBTi), a collaboration between the United Nations Global Compact, World Resources Institute, the Climate Disclosure Project and the World Wide Fund for Nature (WWF) to drive corporate climate action, has validated the latest greenhouse gas reduction (GHG) targets of three chemical companies as both science-based and aligned with the UN Paris Agreement to limit the global temperature rise to no more than 1.5ºC this century.

Adeel Hassan, product manager at Watson-Marlow Fluid Technology Solutions, shares some examples of how accurate chemical dosing can save costs in multiple industries

Companies in the process industries sector — from wastewater treatment providers to metal and mining or pulp and paper plants — face an extremely challenging operating climate in 2022 and beyond. Around the world, authorities are tightening the environmental regulations that govern chemical usage and disposal in process and wastewater treatment.

International Chemical Investors (ICIG) has made a firm and binding offer to acquire sodium metal specialist Métaux Spéciaux (MSSA) from Nippon Soda. It has also completed the acquisitions of Inprotec from Paragon Partners and its minority co-shareholders, and of Benvic Group from Investindustrial Growth.

CDMO Cambrex has agreed to buy Snapdragon Chemistry, a US-based provider of chemical process development services to the biopharma sector. Terms were not disclosed. This came two months after regulatory approval was denied to Asymchem Laboratories’ acquisition of Snapdragon.

Albemarle has announced planned investments of up to $540 million to expand and modernise two bromine facilities in Magnolia, Arkansas, where it currently has more than 400 employees and 200 contractors. These investments have already begun and will continue through 2027.

Clariant opened two new facilities at the Dubai Science Park in late October. The company said that the EMEA region technical centre for its Oil Services business, which it said “will leverage the latest technologies and more sustainable oilfield chemicals” in both oil and gas production.

Livent has opened what will be the first of several major expansions of its operations around the world Bessemer City, North Carolina. The company has increased lithium hydroxide production capacity by 50% to address growing demand for electric vehicle battery materials. The company added aided by long-term growth opportunities and downstream incentives from the recently enacted Inflation Reduction Act, which encourages use of lithium produced or processed in North America.