Altana and Covestro have separately made exits from the 3D printing market, in each case selling to a specialist in the field. The former has sold its stake in 3D printing systems manufacturer DP Polar to 3D Systems, while the latter is to sell its Additive Manufacturing business to Stratasys.
Livent has signed a sourcing agreement, under which it will supply General Motors (GM) with battery-grade lithium hydroxide for six years from 2025. GM intends to use this in its battery cathodes, which will power electric vehicles such as the recently revealed Chevrolet Blazer EV (pictured), Chevrolet Silverado EV, GMC Hummer EV and Cadillac Lyriq.
Evonik has made several moves to limit its dependence on Russian supplies of natural gas at its German sites. The company said that this is less of an issue in other countries but “in Germany, on the other hand, a loss of Russian gas supplies would seriously jeopardise chemical production”.
Cell engineering company Ginkgo Bioworks has acquired the troubled synthetic biology specialist Zymergen for a market capitalisation of $300 million. It will now look for “strategic alternatives” for the new drug discovery business once this is complete. Both boards have approved.
Solvay has announced plans to invest in an electronic-grade hydrogen peroxide (eH2O2) facility, its seventh, on a ten-hectare site in the Casa Grande’s Central Arizona Commerce Park (pictured). This will convert standard H2O2 into an ultra-high purity grade to clean silicon wafers for semiconductors, supporting growing manufacture in the US.
Umicore is to build a facility for cathode active materials and their precursors in Loyalist, Ontario. Construction is due to start in 2023 with operations beginning in 2025. By 2050, it will produce enough to power about one million electric vehicles. The plant will be run entirely on renewable energy.
Mitsubishi Chemical company Gelest, which specialises in silicones, organosilanes, metal-organics and acrylate monomers, has agreed a strategic collaboration with Lam Research, a supplier of wafer fabrication equipment and services to the semiconductor industry, and Entegris, the global leader in electronic materials for semiconductors.