BASF Divests Two Joint Ventures in Korla, China

15.02.2024 - In the fourth quarter of 2023, BASF initiated the process to sell its shares in the two joint ventures BASF Markor Chemical Manufacturing (Xinjiang) and Markor Meiou Chemical (Xinjiang) in Korla, China.

Industry Leaders Call for Urgent Actions to Boost European Competitiveness

Antwerp Declaration For A European Industrial Deal
20.02.2024 - Today, 73 industry leaders from 20 industrial sectors handed over "The Antwerp Declaration for a European Industrial Deal" to Belgian Prime Minister Alexander De Croo and Commission President Ursula von der Leyen. The declaration emphasizes industry's dedication to Europe's transformation and outlines urgent needs to enhance Europe's competitiveness, resilience, and sustainability amid challenging economic circumstances.

BASF, Heraeus Start Operations at Chinese Precious Metals Recycling JV

19.01.2024 - BASF Environmental Catalyst and Metal Solutions (ECMS) – a standalone, wholly owned part of BASF – and Heraeus Precious Metals have started operations of their new joint venture (JV) facility, BASF Heraeus Metal Resource (BHMR) located in Pinghu, China, which recovers precious metals from spent automotive catalysts.

Merck Establishes Digital Hub in Singapore

German chemicals, pharmaceuticals and life sciences group Merck has opened a digital hub in Singapore, the first outside of the US and Europe for its digital business.

Solvay and Huatai Expand Hydrogen Peroxide Capacity in China

In a move to meet the rising demand from the photovoltaic industry, Solvay is expanding the is hydrogen peroxide capacity of its Shandong Huatai Interox Chemical site in China, a joint venture (JV) with Huatai Chemical.

LyondellBasell to Acquire 35% of Saudi Arabia-based Natpet

18.01.2024 - LyondellBasell (LYB) has agreed to acquire a 35% stake in Saudi Arabia-based National Petrochemical Industrial Company (Natpet) from Alujain for approximately $500 million. Closing of the transaction is subject to regulatory and other customary closing conditions.

Arkema Acquires a Stake in Battery Start-up Tiamat

French chemical producer Arkema announced that it will become a shareholder of Tiamat, a start-up that designs, develops, industrializes and markets sodium-ion batteries, a new lithium-free technology. Tiamat was spun off from the Centre National de la Recherche Scientifique (CNRS) in 2017.

AstraZeneca to Buy Cell Therapy Developer Gracell for Up to $1.2 Billion

AstraZeneca has agreed to acquire Gracell Biotechnologies, a Chinese developer of cell therapies for the treatment of cancer and autoimmune diseases, for up to $1.2 billion. Only on Dec. 12, 2023, AstraZeneca announced that it was planning to acquire Icosavax for $1.2 billion.

Brenntag Acquires Solventis Group

Brenntag announces the agreement to acquire the Solventis Group. Solventis Group is a distribution company for glycols and solvents based in Antwerp, Belgium, and in the UK.


Successful kick-off of the #ChemSkills blueprint!

Congratulations and a big thank you to Anni, Emma, Chiara and Eleonora for a successful kick-off of the #ChemSkills blueprint!