Sector News

Latest News: Chemical Value Chain

June 24, 2022
Chemical Value Chain

BASF will build a commercial scale battery recycling black mass plant in Schwarzheide, Germany. This investment strengthens BASF’s cathode active materials (CAM) production and recycling hub in Schwarzheide. The site is an ideal location for the build-up of battery recycling activities given the presence of many EV car manufacturers and cell producers in Central Europe.

June 24, 2022
Chemical Value Chain

Clariant says it is reducing its number of businesses from five to three, by merging units, under a reorganization that is in line with the company’s purpose-led strategy and cultural transformation. The moves will position Clariant for long-term sustainable growth, the company says.

June 24, 2022
Chemical Value Chain

Chemicals & plastics industry has the most diversified end-use market across all manufacturing industries. The industry returned to growth in 2021 but a supply chain crunch prevented it from becoming stronger. The market is likely to stabilize in the second half of 2022 with a supply-demand balance.

June 24, 2022
Chemical Value Chain

Private equity firm SK Capital Partners (New York, New York) has named Asim Bhatia, former senior director/corporate M&A at DuPont, as director/business development. Bhatia, who has held similar roles at Honeywell and Eastman Chemical, “will coordinate and lead the firm’s efforts to identify and develop new investment opportunities,” SK Capital says.

June 19, 2022
Chemical Value Chain

Keynoting at a recent FreightWaves Future of Supply Chain event in Rogers, Arkansas, Shelley Simpson, CCO and Vice President of People and Human Resources at J.B. Hunt Transport Services predicted that Supply Chain’s future will be ‘mode agnostic’. Paul Gooch was intrigued by the use of the word ‘agnostic’ in this context, and explored her presentation further.

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