The company will increase production capacity to approximately 600,000 metric tons per year by the middle of the decade to support the ongoing growth of its North American MDI customers.
For Elementis and Grolman Group, this agreement represents an extension of a decades-long collaboration. Since 2012, Grolman Group has been the exclusive distributor for the Elementis talc range in more than 25 countries. In 2021, the companies extended this relationship to additives in France, and to the United Kingdom and Ireland in 2022.
El Khatib will focus on the industrial side of NSM, managing domestic purchasing and inventory for its performance chemical lines. While at DePaul University, he did an internship with NAGASE Specialty Materials, where he was hired after graduation.
MacIver brings nearly 30 years of commercial management and supply chain experience to the role. She will operate out of Pilot Chemical’s headquarters in West Chester, Ohio, and will report to CEO Mike Clark.
Sabo is a manufacturer of light stabilizers that relies on TAA derivatives as a raw material. The transaction was announced in mid-October, and the closing took place on December 29, 2022. The company says it is taking this step to focus its portfolio on specialty chemicals.
This is the second consecutive year IVL has received this ranking. Factors that increased the company’s score include its ambition to use 16% bio-based and 10% recycled raw materials (rPET) as feedstock by 2030, and safer green chemistry substitutions to reduce toxicity from raw materials and production processes.
The agreement strengthens Azelis’ portfolio of pigment products in the coatings, adhesives, sealants, elastomers (CASE), and advanced materials & additives (AM&A) markets in France and Benelux. It includes the pigment portfolio that Sun Chemical acquired from BASF in 2021, and is an expansion of the long-standing partnership between Sun Chemical and Azelis.
Following an in-depth assessment by EcoVadis, Archroma further improved its score by four points (from 78/100 to 82/100). The company says the improvement is due to its ongoing efforts in sustainable procurement, focusing on supply chain transparency and best practice sharing with suppliers and industry peers.
All Perstorp production plants use water for multiple purposes: as a solvent for chemical reactions, a carrier for products, a heat-transfer medium, and for cooling. The Stenungsund project will enable wastewater from the water treatment plant to be further purified and reused at the Perstorp Oxo production plant.
Under the PPA, the Covestro Integrated Site Shanghai will purchase approximately 300 gigawatt hours of green power annually from CGN's wind and solar farms in Lenghu, China. The agreement will reduce Covestro's carbon emissions in China by around 126,000 metric tons of CO2 per year.