Lanxess sets climate-neutrality target
Lanxess has set itself a goal of eliminating its greenhouse gas emissions, currently 3.2 million tonnes/year of CO2 equivalent, by 2040.
Pigments exit for Merck?
According to a story given by company insiders to the news agency Bloomberg, Merck KGaA is considering the sale of its Effect Pigments business.
Cabot breaks ground
Cabot has broken ground on its carbon black capacity expansion project in Cilegon, Indonesia. This phase of the project will add approximately 80,000 tonnes/year of capacity for the regional market, where demand is growing by 4-5%/year. It is expected to be completed in 2021.
This is part of global capacity expansion and debottlenecking project that Cabot announced in May 2018 to increase capacity by 300,000 tonnes/year. The company said that it “has made significant progress” towards this target.
JM buys from 3M
Johnson Matthey has acquired the full IP rights to a portfolio of silicon alloy-based anode materials for battery cells from 3M.
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Schülke for sale, Air Liquide confirms
Air Liquide has confirmed that it is considering selling its German-based subsidiary Schülke and has reportedly hired JP Morgan to find a buyer.
How Solvay plans to GROW
Solvay has announced its new 'GROW' strategy, following what CEO Ilham Kadri described as "a comprehensive strategic review of our entire portfolio". The acronym comes from aims specific to the company's three realigned segments and the Solvay One operating model.
