Perstorp has signed a memorandum of understanding (MoU) with Maharashtra Industrial Development Corp. (MIDC) that initiates the process of evaluating an investment in a new world-scale production plant for Penta in India.
GFBiochemicals, a producer of levulinic acid directly from biomass, has acquired the assets and intellectual property of Segetis, a levulinic acid derivatives producer in the U.S. market.
Specialty chemicals company Clariant announced full-year 2015 sales of CHF 5.807 billion compared to CHF 6.116 billion in 2014. This corresponds to a 3 percent growth in local currencies mainly driven by higher volumes.
Deacom Inc., developer of a single-system enterprise resource planning (ERP) software for process manufacturers, has officially kicked off implementation for Encapsys LLC.