“We have achieved our goal to find an owner who considers pigments a core strategic business,” says Dr. Markus Kamieth, member of the Board of Executive Directors of BASF SE, responsible for the Industrial Solutions segment. “DIC pursues ambitious growth plans and has announced to further develop the business in the coming years. We are convinced that the pigments business will be able to unfold its full potential within DIC.”
“We have outlined a clear growth path for DIC with the target to increase our sales to 1 trillion yen, i.e. approximately €8 billion, by 2025. In this context, BASF’s pigments portfolio is an important strategic addition in meeting our goals more expeditiously. It will allow us to expand our position as one of the leading pigment suppliers globally and offer our customers even more versatile solutions,” Kaoru Ino, President and Chief Executive Officer of DIC comments on the agreement reached.
LANXESS enters battery chemistry business electrolyte production for lithium-ion batteries in Leverkusen Germany
Cologne/Leverkusen, April 5, 2021 – LANXESS enters the field of battery chemistry by cooperating with Guangzhou Tinci Materials Technology Co. (Tinci), a leading global manufacturer of lithium-ion battery materials. Starting already next year, LANXESS will produce electrolyte formulations for lithium-ion batteries under the authorization of the Chinese company. Read More
Cologne, April 2, 2021 – In the manufacture of transmission oil pans, polyamides offer numerous advantages over sheet steel or die-cast aluminum in terms of lightweight construction, cost-cutting functional integration and design flexibility. Polyamide 66 in particular has therefore found widespread use in series production of these large injection-molded parts in recent years. However, polyamide 6 is also very well suited to the purpose, as is evident from an increasing number of applications. Read More
Cologne, March 30, 2021 – A smartphone that sets new standards for lightness, slim design and sustainability is making its debut on the market this March: the Carbon 1 MK II from Berlin-based start-up Carbon Mobile. “Designed and engineered in Germany, the Carbon 1 MK II reignites miniaturization and drives sustainability in connected devices by replacing plastics and aluminum with advanced composite materials for the first time”, says Firas Khalifeh, CEO of Carbon Mobile. The base material for Read More
Muttenz, March 29, 2021 – Closer to Chinese customers from the start. Clariant’s Additives business continues to step up support for the needs of China’s growth industries, with new top-class facilities to foster R&D and joint application technology developments at the One Clariant Campus (OCC). Ahead of Chinaplas 2021, Clariant shares a taster of bio-based additives available to advance resource-efficient innovation in local market segments, highlights from its new sustainable solutions set for Read More