Mitsubishi Chemical Advanced Materials, an affiliate company of Mitsubishi Chemical Holdings and a producer of high-performance thermoplastic material, says it has acquired Advanced Polymer Technologies. Financial details of the deal were not disclosed.
APT offers “advanced engineering plastic solutions through polymer conversion technologies in North America and Asia to the semiconductor, aerospace/defense, energy and medical industries,” it says. The acquisition will add one manufacturing facility to MCAM’s seven existing facilities in the US, it adds.
By Kartik Kohli
Source: Chemical Week
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.
