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Feature article – Biden: What to expect

SOCMA has outlined how it will work with, and the changes it anticipates from, a new administration in the US

With the long drawn-out saga of the 2020 US election finally over and a new administration in place, SOCMA has begun a series of webinars to educate members about what to expect from the Biden administration and its own priorities in engaging with them. The first took place on 25 February.

Evonik in green hydrogen alliance

Evonik is among the seven companies with operations in Germany that have launched the GET H2 alliance, which says that it “aims to create the basis of a European infrastructure for green hydrogen” by 2024. The others are BP, Nowega, OGE, RWE, Salzgitter Flachstahl and Thyssengas.

DuPont to buy Laird

DuPont has entered into a definitive agreement to acquire Laird Performance Materials from private equity giant Advent International. This is expected to close in Q3, subject to regulatory approvals and other customary closing conditions. The $2.3 billion cost (about 15x estimated 2021 EBITDA) will be paid from existing cash.

Feature article - Improve your CO2 footprint: Generating active chlorine in situ 

Tatjana Röder of Aquagroup shows how an effective disinfectant generated in situ can save CO2 and plastic waste

Deutsche Bahn and the German Federal Environment Agency have studied the CO2 footprints of various means of transportation for people and goods respectively. In both cases, they concluded that train is the best and plane the worst in terms of their effects on the environment.1,2

Grace buys Albemarle FCS

W.R. Grace & Co. has agreed to acquire the Fine Chemistry Services (FCS) business of its fellow US speciality chemicals company, Albemarle, in a deal that is expected to close in Q2, subject to regulatory approvals and other customary conditions. This will bring Grace sites at Tyrone, Pennsylvania, and South Haven, Michigan. FCS will fit within Pharma & Consumer, which Grace described as “the largest, fastest growing and most profitable sub-segment” in its Materials Technologies business.

Solvay furthers G.R.O.W. strategy

During its annual results presentation, Solvay revealed that it is taking steps to organize its Soda Ash & Derivatives business into a separate legal structure. This is part of the G.R.O.W. strategy, under which the Materials, Chemicals and Solutions segments were each given distinct mandates that reflect the differing dynamics in their markets.

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