Textile chemistry
BASF acquires Mazzaferro polyamide polymer business
BASF today announced that it has acquired the polyamide (PA) polymer business of the Mazzaferro Group, Brazil. BASF is hereby further strengthening its position with regard to engineering plastics and polyamide polymers in South America. The companies have agreed not to disclose financial details of the transaction.
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Textile chemistry
Clariant, a global leader in specialty chemicals, and Schoeller, a Swiss company specializing in innovative textile technologies, helped US-based sports performance brand Under Armour to develop its latest coldblack® sportswear collection which displays advanced UV protection and reflection. The new collection was launched in March 2012 and is already creating a sensation in the US sports market.
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Textile chemistry
BASF Grameen Limited, a social business joint venture between BASF, the world’s leading chemical company, and Grameen Healthcare Trust of Bangladesh, can now source from a local production plant located in Social Business Industrial Park in Sarabo.
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Textile chemistry
BASF will increase its capacity for cyclohexane oxidation at its Antwerp Verbund site by about 50,000 tons per year. The total investment amounts to about €10 million.
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Textile chemistry
The cornerstone of the new 100-million-euro Clariant Innovation Center was officially laid during a ceremony on 29th February at the Industriepark Höchst in Frankfurt. Attending the event were Hessen State Finance Minister Thomas Schäfer; Clariant Executive Committee member Christian Kohlpaintner; and Ulrich Ott, Managing Director of the company’s operations in Germany.
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Textile chemistry
Clariant delivers resilient performance
Clariant today announced first quarter sales of CHF 1.945 billion, compared to CHF 1.717 billion in the previous-year period. Sales grew 18% in local currencies and 13% in Swiss francs, mainly driven by the acquisition of Süd-Chemie. On a like-for-like basis, sales declined 2% in local currencies year-on-year.
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Textile chemistry
“Life Cycle Analyzer” supports sustainable solutions in concrete
With the newly developed “Life Cycle Analyzer” BASF helps to improve concrete characteristics. The special software offers solutions in major concrete improvement areas like process efficiency, energy reduction, material optimization, and enhanced quality specifications for manufacturers and users of concrete.
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Textile chemistry
BASF commissions new plant for oxidized polyethylene waxes at Ludwigshafen site
A new plant for the manufacture of oxidized polyethylene waxes went into operation at the BASF site in Ludwigshafen, Germany. The plant manufactures high quality oxidized waxes according to BASF’s own process. The new plant will improve the availability on oxidized polyethylene waxes now and in the future, for instance in plastics processing.
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Textile chemistry
RadiciGroup reports 2011 results: consolidated sales of EUR 1,238 million
RadiciGroup – an industrial multinational engaged in the chemicals, plastics and synthetic fibres businesses, with production and sales sites in Europe, North America, South America and Asia, closed the year 2011 with positive results, including sales revenue 6.5% higher than in financial year 2010.
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Textile chemistry
Clariant shareholders approve all agenda items
The Annual General Meeting of Clariant AG, a world leader in specialty chemicals, took place on 27 March 2012 in Basel and approved all agenda items. It was attended by 560 shareholders or proxies, representing 132`215`758 shares or 44.7% of Clariant’s total share capital.
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Older News
Ramatex Forms Strategic Partnership with Huntsman to Lead Textile Industry in Addressing Hazardous Chemicals Concerns in Support of Nike’s Road to Zero Goals
Malaysia – Ramatex, a leader in the textiles industry and a well-known manufacturer for textiles and garments, is taking the lead in its industry to begin the process to eliminate the discharge of hazardous chemicals in their manufacturing processes.
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Clariant awarded the EU Ecolabel for its Advanced Denim Illustration Collection
Clariant has become one of the first companies to be awarded an EU Ecolabel* for denim, in recognition of the sustainability benefits of its Advanced Denim process.
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BASF achieves top results in 2011 and has ambitious targets for 2012
BASF significantly surpassed the record levels of 2010 in sales and earnings, and thus again earned a high premium on its cost of capital in 2011. Compared with 2010, sales increased by 15% to €73.5 billion. All regions contributed to this increase. Income from operations (EBIT) before special items improved by 4% to €8.4 billion and EBIT increased almost 11% to €8.6 billion.
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