Canadian botanical extractions company, Mazza Innovation, has signed an exclusive, long-term agreement to supply global chemicals giant, BASF, with specific plant extracts to develop new solutions for cosmetic applications.
One of the world’s largest polymer companies, Covestro, is planning to build its own chlorine production plant in Tarragona, Spain, which will use a more sustainable process: oxygen-depolarised cathode (ODC) technology, which consumes around a quarter less energy than the conventional method.
BASF has begun the registration process in the EU and Australia for two new herbicides that it says have demonstrated excellent performance against a broad range of difficult-to- control grasses and broadleaf weeds.
AMPAC Fine Chemicals (AFC), a leading US-based contract development and manufacturing organisation (CDMO) has announced its sale to SK Holdings, an investment holding company of SK Group (South Korea).
Agrichemical giant Bayer has won EU antitrust approval for its US$62.5 billion acquisition of Monsanto, Reuters reports, on condition that Bayer sells off substantial parts of its business. If the merger goes ahead, it would create a company with control of more than a quarter of the world’s seed and pesticides market.
Japanese company, Tosoh Logistics Corporation, is building a specialised chemical logistics warehouse featuring freezing, cooling and heating capabilities in Shunan’s harbour district. Tentatively named the Rinkai Logistics Center No 2, it will be the largest integrated warehouse for chemical products in western Japan.
The investment is part of Tosoh’s infrastructure upgrades to handle increased volume as the company boosts its production capacities to meet heightened medium- and long-term demand.
Chemicals company Evonik and electronics giant Siemens have launched a joint research project to convert carbon dioxide (CO2) into speciality chemicals, using electricity from renewable sources and bacteria.