Clariant Refinery Services officially opened a new crude and fuel oil laboratory at Bradford, UK, on 23 January. This division makes pour point depressants (PPDs) for the transportation and storage of crude oil, diesel and marine fuels; and cold-flow additive applications for middle-distillates, including diesel, home heating oil and biofuels.
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The Chinese subsidiary of Boston-based speciality chemicals and materials firm Cabot has agreed to acquire Shenzhen Sanshun Nano New Materials (SUSN) for about $115 million. The deal expected to close in Q2 of fiscal 2020.
SUSN is claimed to be the world’s second largest producer of carbon nanotubes (CNTs) and commissioned a new plant in China in November 2018 with enough capacity to support growth over the next several years. It will henceforth be part of Cabot’s Performance Chemicals segment.