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Chemical firms to slash investment as coronavirus impact bites

Global investment in the chemical industry is expected to slow considerably for a number of years following the coronavirus pandemic and collapse in crude...

BASF UK to move to ‘connected’ business hub

Global chemical company BASF is moving its UK headquarters to Stockport later this year, after deciding to take a 21,500 sq ft building at...

Global chemical supply threatened by Middle East escalation

Military action leading to the closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and...

Clariant sells Healthcare Packaging business

Specialty chemical company Clariant has sold its Healthcare Packaging business to a newly-formed investment of Arsenal Capital Partners for approximately CHF 308 million ($309m). “The divestment...

Clariant financials “resilient” in 2019

Specialty chemicals producer Clariant has posted solid sales and underlying profitability for the first nine months of 2019. Continuing operations EBITDA, however, took a...

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...

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