Articles Tagged with ''general business''

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Nouryon to Acquire Metal Alkyls Business from Sasol

The transaction is expected to be finalized during the second quarter, after which Nouryon will gradually move production to its site in Rotterdam.
April 8, 2020

Nouryon recently announced that it has entered into an agreement to acquire Sasol’s merchant triethyl aluminum business, including its specialty fleet of returnable cylinders.


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COVID-19 coronavirus

SBA and Treasury Department Begin Public-Private Mobilization Effort to Distribute Funds

The CARES Act establishes a new $349 billion Paycheck Protection Program that will reportedly provide relief to millions of small businesses so they can sustain their businesses and keep their workers employed.
April 2, 2020

Jovita Carranza, Small Business Association (SBA) administrator, and Steven T. Mnuchin, Treasury Department secretary, recently announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need as a result of the COVID-19 crisis.


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COVID-19 coronavirus

NIST Announces Funding for Manufacturing Institutes to Support Pandemic Response

Funding will be awarded to eligible Manufacturing USA institutes, a network of 14 public-private partnerships that work with academic and private sector manufacturing organizations on research and development and manufacturing skills training.
April 1, 2020

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has opened a funding opportunity for rapid, high-impact projects that support the nation’s response to the COVID-19 pandemic.


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Nouryon Johan Landfors

Nouryon Expands Raw Material Partnership with Sumitomo Chemical

A new plant, to be owned and operated by Sumitomo, will produce 1,3-diisopropanolbenzene (DIOL) and is due to start production in 2021.
March 30, 2020
Nouryon recently announced that it is expanding its partnership with Sumitomo Chemical to include a new facility that Sumitomo is building at its site in Oita, Japan.
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Covestro Signs Loan Facility with European Investment Bank to Support Research and Development Activities

Last year, Covestro put in place a global strategic program to establish the theme of circular economy throughout all areas of the company.
March 27, 2020

Covestro recently announced that it will take a loan with the European Investment Bank (EIB) for €225 million (approximately $243.7 million) to provide medium-term funding to strengthen its R&D work in the areas of sustainability and circular economy within the European Union (EU).


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Business Leaders Call for Infrastructure Investment to Jump-Start the COVID-19 Economy

According to the CED, an efficient investment in cutting-edge infrastructure supports critical components for putting our economy back on solid footing.
March 27, 2020

The Committee for Economic Development (CED) of The Conference Board (CED) recently announced that it is calling for policymakers and businesses to work together to put an emphasis on infrastructure spending now in order to kick-start the U.S. economy in the face of the coronavirus-related downturn.


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