Raw Materials and Chemicals

Huntsman Announces Two New Corporate Initiatives

The initiatives include a review of strategic options for its Textile Effects Division and a multi-year compensation plan.

January 4, 2022

Huntsman Corp. recently announced two new corporate initiatives regarding its executive compensation plan and the future of its Textile Effects Division.

Top 5 News that Sticks

APPLIED Adhesives Acquisition of Bird Song Leads the News

Last week, APPLIED Adhesives’ most recent acquisition drew the most reader interest.

Susan Sutton

January 3, 2022

Are you up to date on all of the latest industry acquisitions? Subscribe to ASI eNews, and we’ll deliver the news directly to you!

Elkem Announces Project to Eliminate Carbon Dioxide Emissions in Silicon Production

The company aims to be part of the solution to combat climate change and to be one of the winners in the green transition.

December 31, 2021

The Research Council of Norway has granted Elkem NOK 16 (approximately $1.8 million) to develop a new concept for silicon production where all direct carbon dioxide (CO₂) emissions are eliminated.

Hexion Inc. Plans to Expand Production at Pernis Site

The planned expansion will occur over the next three years with production start-up anticipated in late 2024.

December 30, 2021

Hexion Inc. recently announced plans to expand production of epichlorohydrin (ECH) at its Pernis, the Netherlands, manufacturing site.

Wacker Announces Ambitious New Sustainability Goals

Wacker is striving to ensure that its entire product portfolio meets defined sustainability criteria by 2030.

December 29, 2021

Wacker Chemie AG recently presented its new sustainable development goals to investors and analysts at an online Capital Market Day that took place December 16, 2021.

Kraton Announces ISCC Plus Certification for the Manufacture of Renewable Styrenic Block Copolymers

ISCC PLUS certification provides traceability of recycled and renewable-based materials across the supply chain.

December 28, 2021

Kraton Corp. recently announced that the company has received the International Sustainability and Carbon Certification (ISCC) PLUS certification to produce ISCC Plus Certified renewable styrenic block copolymers (SBCs) at its facility in Berre, France.

Chromaflo Names Leonard Industry Manager for Industrial Coatings in the Americas

Belinda Leonard will manage Chromaflo’s Industrial Coatings product lines for the Product Management group in the Americas.

December 27, 2021

Chromaflo Technologies recently announced that it has appointed Belinda Leonard industry manager for Industrial Coatings in the Americas region.

American Securities to Purchase Hexion Holdings

The transaction is expected to close in the first half of 2022, pending certain conditions and approvals.

December 24, 2021

Hexion Holdings Corp. recently announced that it has entered into a definitive agreement to be acquired by affiliates of private equity firm American Securities LLC.

Arkema to Expand UV Curable Resins Capacity at Facility in China

The new expansion is scheduled to come on stream in the second half of 2023.

December 22, 2021

Arkema recently announced a project to double its UV curable resins production capacity at its Nansha plant in China.

Chromaflo Names Suh Territory Sales Manager for Coatings & Thermosets

With strong technical knowledge, Jaesun Suh brings both sales and business development experience to his new position.

December 21, 2021

Chromaflo Technologies has appointed Jaesun Suh its territory sales manager for Coatings & Thermosets in the Northeast U.S. and Eastern Canada regions.