Ineos Enterprises has signed an agreement to buy MBCC Group’s admixture business from Sika. The deal is required by European antitrust regulators to approve Sika’s purchase of the MBCC Group, formerly BASF Construction Chemicals. The transaction is scheduled to complete in the first half of this year, subject to regulatory approvals.
Carbios and Novozymes are entering an exclusive long-term global strategic partnership to ensure the production and supply of Carbios’ proprietary PET-degrading enzymes at an industrial scale. Together the companies will build the world’s first biological PET-recycling plant due to start production in 2025 in Longlaville, France, as well as Carbios’ future licensee customers.
Pyrolysis process keeps difficult-to-recycle crosslinked polyethylene like XLPE and PE-X in the circular loop. Chemically recycled grades in the Borcycle™ C portfolio are ISCC PLUS certified according to the mass balance methodology. EverMinds™ approach provides innovative and viable solutions to recycling challenges in the Wire & Cable and Infrastructure industries.
The Lubrizol Corporation, a global leader in specialty chemicals, announces the appointment of a new Lubrizol Executive Leadership Team. These experienced business leaders will continue to support the organization’s world-class talent and committed customers, advancing breakthrough chemistry that helps the world Move Cleaner, Create Smarter and Live Better.
Stora Enso has acquired the Netherlands-based company De Jong Packaging Group, a corrugated packaging producer in the Benelux countries. The acquisition, with an enterprise value of approximately €1,020 million, was closed on Friday following regulatory clearances and employee consultation.