The world’s largest chemical company is expanding in the Houston area.
Germany-based BASF said it completed two plastic and chemical expansions just outside of Houston at its Pasadena complex.
The capacity expansions contribute to the production of plasticizers used to soften and increase the flexibility of rigid materials like polyvinyl chloride, called PVC.
BASF said it increased its production of dioctyl terephthalate, or DOTP, which is a general purpose plasticizer, by 60,000 metric tons a year. Likewise, BASF upped its production of 2-ethylhexanol, which is a DOTP raw material, by 100,000 metric tons annually.
Neste has bought the European rights for Alterra Energy’s liquefaction technology, strengthening its chemical recycling capabilities. Alterra is a US-based company that has developed a thermochemical solution for liquefying difficult-to-recycle plastics.
Lonza appoints Maria Soler Nunez as Head, Group Operations. Maria joins Lonza from Novartis where she has led the quality organization since 2020. Maria will commence her tenure with Lonza Group on 1 August 2022, succeeding Stefan Stoffel, who is retiring from Lonza.
AkzoNobel has announced that Gregoire Poux-Guillaume will become the company’s new Chief Executive Officer (CEO) as of November 1, 2022. He will succeed Thierry Vanlancker, who has been CEO and member of the Board of Management since 2017, and whose term of office is coming to an end.