Clariant, a world leader in specialty chemicals, signed an agreement with Kilfrost to acquire Kilfrost’s aircraft de-icing business in Europe. The transaction is subject to regulatory approvals and conditional upon merger clearance.
Source: Clariant
This equipment will significantly lower the site’s CO2 emissions, reduce flaring and save around 60 gigawatt hours (GWh) energy each year. Project kick-off is in February 2021, with completion planned for 2023.
The acquisition significantly strengthens and expands Grace’s existing pharma portfolio. Pharma & Consumer is the largest, fastest growing and most profitable subsegment within Grace’s Materials Technologies business.
Solvay says it has decided to organize its soda ash and derivatives business into a separate and fully controlled legal structure.
