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BASF starts up new supercomputer

BASF has started up a new supercomputer at its Ludwigshafen verbund site in Germany. Like its predecessor, the new machine will be called Quriosity but will have three petaflops of computing power compared to 1.75. It will also be the largest supercomputer used in industrial chemical research.

Nippon Shokubai opens Indonesian plant

Japan’s Nippon Shokubai has officially opened a 100,000 tonnes/year acrylic acid (AA) plant that was built at a cost of about $200 million at Cilegon, Banten, Indonesia. This takes its global capacity to 980,000 tonnes, of which 540,000 are in Japan itself.

AA is a key raw material in superabsorbent polymers (SAPs) for disposable diapers, the application that is mainly driving continuing demand growth. SAPs are also used in paints and adhesives. Nippon Shokubai claims to be the world’s largest SAP producer and has integrated AA and SAP facilities across the globe.

OQ retrenches in face of cost challenges

Oxo chemicals firm OQ Chemicals has announced a two-year cost-saving programme that includes realignment and workforce reductions in Germany. This was attributed to high raw material and energy prices, plus inflation rates, particularly in Europe. Last year alone, rising energy costs amounted to “a high three-digit million Euro figure”.

Further investment into Sterling

Global Healthcare Opportunities (GHO), a European specialist investor in healthcare, and Partners Group, a global private markets firm, have both invested in Sterling Pharma Solutions, a CDMO owned by GHO. The exact amounts have not been disclosed.

Solvay opens Shanghai ADL

Solvay has officially opened its application development lab in Shanghai. Housing some 30 scientists, engineers and technicians, it will seek to “advance custom-tailored application developments” using Solvay technologies, notably for the automotive, new energy, life sciences, smart devices and semiconductors.

Venator to enter Chapter 11

Venator Materials has announced that it has reached an agreement with “the overwhelming majority of its lenders and noteholders” on a recapitalisation plan. This will take the form of a prepackaged Chapter 11 process in the US, financed by a debtor-in-possession facility from its supporting creditors to provide liquidity throughout the process.

CBA marks 100 years at annual lunch

The UK’s Chemical Business Association (CBA) held its annual lunch, universally known as the ‘Floggers’ Lunch’ at the Grosvenor House Hotel in London on 26 April, marking the 100th anniversary of its establishment in 1923. It also saw the end of Kate Mingay’s tenure as the first female chair in the association’s history.

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