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Indorama increases integration with $2bn acquisition

Huntsman Corporation has entered into a definitive agreement to sell its chemical intermediates business to Indorama Ventures in a deal worth nearly $2.08 billion. Under...

Bleak backdrop as BASF posts drop in sales

A high level of uncertainty, low visibility and poor predictability is the backdrop to a drop in second quarter sales at BASF...

Clariant and SABIC suspend joint business plans

Clariant and SABIC have agreed to temporarily suspend discussions on the planned business combination High Performance Materials (HPM), consisting of the former’s...

Clariant offers plastics sustainability solutions

Specialty chemicals producer Clariant Masterbatches is to help brand owners and packaging producers create more environmentally friendly packaging via a range of sustainability solutions...

Clariant unveils regional centre in Thailand

Specialty chemicals producer Clariant Masterbatches has created a regional packaging centre (RPC) at its Phanthong manufacturing facility in Thailand. The development forms part of...

Ineos targets geographical diversification with Saudi commitment

Ineos is to spend $2 billion building three chemicals plants in Saudi Arabia, in what Wood Mackenzie Chemicals calls a “geographical diversification for the...

BASF results subdued on back of trade conflicts

BASF has reported a 24 per cent drop in income from operations for the first quarter, due primarily to the considerably lower contributions from...

More than $200bn to be invested in US petrochemicals

The US petrochemicals industry is experiencing an investment renaissance, with more than $200 billion to be invested, said the senior vice president of Wood...

BASF to sell pigments business

Chemicals giant BASF has put its pigments business up for sale as it continues to divest lower-margin businesses. The news came during the company’s...

ExxonMobil looks to tempt female students into engineering

More than 1,000 schoolgirls joined ExxonMobil for the US-based company’s 16th annual Introduce a Girl to Engineering Day, which aims to inspire female students (aged...

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