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Sunliquid plant to close

Clariant has decided to close its Sunliquid bioethanol plant in Podari, Romania. This followed a review that concluded that the economics of the plant could not justify the additional capital expenditure needed to continue the ramp-up.

The company will also downsize the related activities of the Biofuels & Derivatives business line at three sits in Germany. The required capabilities to maintain the technology and to fulfil existing contractual obligations will be kept.

Kemira divests to focus on water

Kemira has agreed to divest its oil and gas chemicals portfolio to Sterling Specialty Chemicals, a US subsidiary of India’s Artek Group for €260 million subject to customary closing conditions and regulatory approvals. The company said that this will enable it “to focus on its core businesses and accelerate its profitable growth strategy”. The two parties expect to complete by the end of Q1 2024.

New catalyst for PEM

Heraeus Precious Metals launched a new ruthenium-based catalyst for proton exchange membrane (PEM) water electrolysis at the P2X conference in Frankfurt in November. Developed with South African firm Sibanye-Stillwater, this is said to combine the high activity of ruthenium-based catalysts with unprecedented stability during hydrogen production.

Court finds against Symrise on animal tests

The EU Court of Justice (CJEU) in Luxembourg has dismissed an action by Symrise to annul a decision by the European Chemicals Agency (ECHA) board of appeal in 2021. The long-running case related to a required compliance check using animal tests on Symrise’s REACH registration dossier for the UV fillers homosalate and 2-ethylhexyl salicylate.

Climate protests halt Sasol meeting

Protesters effectively prevented Sasol’s annual general meeting in Johannesburg from going ahead on 17 November. The meeting was expected to be tumultuous because of a shareholder’s plan to vote against a number of resolutions because of the company’s record on climate targets.

Syensqo launches five-year growth strategy

Syensqo, the speciality chemicals firm that is planned to be split out from Solvay, has presented its mid-term financial targets and sustainability commitments at its inaugural capital markets day. The separation is subject to shareholder approval at an extraordinary general meeting approval in Brussels on 8 December. Meanwhile the Belgian Financial Services & Markets Authority has approved a prospectus relating to listing Syensq’s shares on Euronext Brussels and Euronext Paris.

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