Sector News

Evonik Industries to acquire Indian company Monarch Catalyst

March 11, 2015
Chemical Value Chain
Evonik Industries says it intends to strengthen its global catalysts business and to this end today signed an agreement with Monarch Catalyst Pvt. (Dombivli, India) to acquire 100% of the company’s shares. Monarch is a producer of oils & fats hydrogenation catalysts and employs 300 people. The transaction is expected to close during the first half year of 2015 after the required approvals have been received. The parties have agreed not to disclose the purchase price.   
 
> Read the full article on the Chemical Week website
 
By Natasha Alperowicz
 

comments closed

Related News

October 23, 2021

INEOS to take leading role in the hydrogen revolution with launch of hydrogen campaign

Chemical Value Chain

INEOS, Europe’s biggest operator of electrolysis needed to produce clean, low carbon hydrogen, has doubled down on its €2 billion investment in green hydrogen with the launch of a hydrogen advocacy campaign. The campaign kicked off with the publication of a powerful editorial in the Sunday Telegraph on the hydrogen economy written by Sir Jim Ratcliffe, INEOS’s founder and chairman.

October 23, 2021

Vertellus completes acquisition of IM Chemicals

Chemical Value Chain

Vertellus, a manufacturer of specialty products for consumer goods, food & agriculture, healthcare, and industrial markets, today announced the completion of its acquisition of IM Chemicals. With the addition of IM Chemicals, Vertellus expands its specialty ingredients portfolio into new markets and bolsters its manufacturing capabilities in Europe.

October 23, 2021

Johnson Matthey announces research project aimed at catalytic reduction if dairy methane emissions

Chemical Value Chain

A new collaboration between scientists, engineers, industry and farming experts hopes to demonstrate how clever technology can reduce the powerful greenhouse gases released by livestock to help agriculture reach carbon emissions targets.

Send this to a friend