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Bio-Sep working with iCAST

UK green technology firm Bio-Sep and the Innovation Centre for Applied Sustainable Technologies (iCAST) have begun a joint project to develop renewable, biosourced alternatives to petrochemically derived platform chemicals. They will work together to test the properties and performance of Bio-Sep’s products in composites and as a cement admixture.

ICIG acquires Inprotec

International Chemical Investors Group (ICIG), the owner of WeylChem and various other chemical operations, has agreed to acquire Inprotec from Paragon Partners and its minority co-shareholders. The transaction is expected to close in November, subject to customary antitrust clearance.

Vianode opens battery R&D centre

Battery materials maker Vianode has opened the Vianode Technology Centre (VTC) at Kristiansand, in Norway, where it had opened an industrial pilot plant in 2021. This came barely a month after the company announced an investment of €194 million in a battery materials plant at Herøya.

Merck still driven by ‘Big Three’

Merck KGaA has revealed at its latest Capital Markets Day that it will continue to focus on its ‘Big Three’ businesses of Process Solutions and Life Science Services, new products in Healthcare and the Semiconductor Solutions arm.

By 2025, these are expected to generate about 80% of targeted sales growth, and more than 50% of total sales. The company remains on track to achieve its mid-term growth target of €25 billion that year and expects to increase sales organically by at least 6%/year on average, about €1 billion/year.

SK On secures lithium

SK On, which makes batteries for electric vehicles, has signed a memorandum of understanding (MOU) with Global Lithium Resources, which mines lithium from spodumene mineral at two sites in Western Australia. The two will “explore future business opportunities together in regard to stable supply of lithium”. Precise terms were not disclosed.

Chemours invests in hydrogen economy

Chemours has announced a planned $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials. The company is now evaluating potential locations in the US and Europe for the investment, in accordance with applicable regulatory frameworks.

Umicore in further battery deal

Following on from other recent announcements in the field, Umicore has announced a 5-50, €3 billion joint venture to supply precursor and cathode material production to the European battery cell factories of PowerCo, the Volkswagen Group’s battery company. No site has yet been chosen.

This will begin in 2025 by supplying PowerCo’s factory in Salzgitter. They aim to reach 40 GWh cell/year capacity in 2026 and to quadruple that to 160 by 2030, depending on market and demand development. This would be equivalent to what is needed to power about 2.2 million full electric vehicles.

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