Evonik Industries has invested €52 million to expand its silicone manufacturing platform at the Essen Goldschmidtstrasse site, adding a new production facility and tank farm for organomodified silicones.
Bond-Laminates GmbH, a subsidiary of LANXESS, has commissioned two new production lines for Tepex continuous-fiber-reinforced thermoplastic composites at its Brilon site, increasing capacity by about 50% with a mid single-digit million euro investment.
Evonik has invested €52 million to expand its silicone platform at the Essen Goldschmidtstrasse site, with a new production plant and tank farm completed.
Covestro inaugurated a new production line for polyester resins at its Meppen site on November 3, 2026. The multi-million-euro investment adds capacity in the double-digit kiloton range and creates some additional jobs in production, filling and shipping.
Evonik completed a €52 million investment at its Essen Goldschmidtstrasse site in Germany, including a new production plant and tank farm, to expand capacity for organomodified silicones. The new facility increases production capacity and optimizes logistics.
Evonik's board officially rejected BASF's second and improved takeover offer of EUR 24 per share, valuing Evonik at approximately EUR 11.2 billion. Evonik intends to remain independent but is open to informal talks.
Stahl Group is set to acquire Weilburger Graphics, a coatings maker for flexible materials such as paper and cardboard, subject to the usual approvals. The deal strengthens Stahl's packaging coatings business in Europe and globally.
Koch-Chemie began a construction project to modernize and expand its Unna factory, adding production capacity and planned bottling equipment and office space. The announcement was dated 24 June 2020.
EQT is reported to be in talks to acquire Schülke, a German hygiene solutions provider, from Air Liquide. No deal has been announced and no value was given.
Evonik Industries is expanding its capacity for organic dispersions used in heat seal lacquers at its Darmstadt, Germany site, with completion scheduled for the second half of 2021. The dispersions serve food and beverage flexible packaging.
WEILBURGER Graphics GmbH will become the European blister coating production partner of Royal DSM by the end of 2019, using its new water-based coatings plant in Gerhardshofen, Germany. DSM's SOLUCOTE products will be distributed under WEILBURGER's SENOLITH WB BLISTER COATING line.
Indorama agreed in late December 2018 to acquire Invista's 282,000 metric-ton-per-year PET operation in Gersthofen, Germany, which makes industrial fibers and packaging resins.
Solvay announced a €6 million investment to expand sodium bicarbonate production capacity at its Rheinberg site in North Rhine-Westphalia, Germany, for its SOLVAir flue gas treatment product, with startup planned by end of 2018.
Bayer sold a further 6.9 percent of Covestro shares for EUR 1 billion, reducing its direct stake to 24.6 percent and ending control via a control termination agreement effective September 30, 2017.
Henkel completed its acquisition of the Germany-based Sonderhoff Group, which makes foamed-in-place gasketing solutions and customised dosing equipment. The price was undisclosed.
Neste Jacobs has signed an EPCM services contract for an upgrade and expansion of Haltermann Carless's production site in Speyer, Germany, including a NExSAT hydrogenation unit targeted for production by end-2018. The value was not disclosed.
Wacker Chemie is expanding a hydrophobic silica specialties plant at its Burghausen, Germany site, raising capacity for HDK pyrogenic silica by 40%.
PCI Augsburg GmbH completed its acquisition of the Thomsit and Ceresit brands from Henkel, after signing the agreement on September 14, 2016; the transaction required antitrust approval.