Company News
March 17, 2021
BASF Polyetheramines Increases
BASF to increase prices for select polyetheramines in North America
FLORHAM PARK, NJ, March 1, 2021 – Effective April 1, 2021 or as existing contracts permit, BASF will increase prices in North America for select polyetheramines sold under the brand name Baxxodur®.
Product Price Increase
Polyetheramine D230 (Baxxodur® EC 301) $0.30 / lb.
Polyetheramine D2000 (Baxxodur® EC 303) $0.38 / lb.
Polyetheramine T403 (Baxxodur® EC 310) $0.31 / lb.
Under the brand name Baxxodur, BASF markets a diversified portfolio of amine-based curing components for the professional and application-oriented processing of epoxy resins. BASF’s Baxxodur products are featured in many applications as highly efficient curing agents in various coating applications and sealing compounds, for the wind energy, electrical industry as well as in composites, adhesives and flooring.
March 16, 2021
Dow Chinese Alkoxylates Investment
Dow signs MoU to establish South China Specialties Hub
- World-class manufacturing base will enhance Asia Pacific customers’ local access to innovative material science solutions
- Further positions Dow to capture growth in world’s largest chemicals market
ZHANJIANG, China – March 4, 2021 – Dow (NYSE: DOW) today signed a Memorandum of Understanding (MoU) with the Zhanjiang Economic and Technological Development Zone Administrative Committee (Zhanjiang EDZ) to build the Dow South China Specialties Hub, a multi-year project providing customers local access to Dow’s portfolio of high value products and innovative technologies.
“Asia Pacific is the world’s largest chemicals market. Demands in the region are evolving towards high-value, specialty chemicals that help customers meet rapidly-developing megatrends in mobility, urbanization and sustainability,” said Jon Penrice, Dow Asia Pacific president. “The establishment of the Dow South China Specialties Hub would further position Dow to provide industry-leading materials science solutions to continue to grow with our customers in China and throughout the entire region.”
The new manufacturing hub would extend Dow’s local reach, further enhancing supply reliability, responsiveness to market needs and customized innovation, and better positions customers for success in markets including automotive, pharmaceuticals, cleaning chemicals, apparel, lubricants and adhesives.
Aligned to Dow’s focus on low capital intensive, fast payback and high return growth projects, under the MOU the Company would invest approximately $250 million to construct specialty polyurethanes and alkoxylates facilities, with a total product capacity of approximately 250,000 tons. The site also offers opportunity for future development and expansion at the Specialties Hub.
Henry Ling, vice president of operations, Dow Asia Pacific, said, “The South China Specialties Hub will be built to Dow’s world-class environmental, health and safety standards and aligned to Dow’s recent commitment to become net carbon neutral by 2050. The new hub will adopt and employ advanced digital, intelligence and automation technologies to create a manufacturing space of world-class safety, productivity, reliability and sustainability performance.”
“Dow is a global leader of material science solutions and we are happy to see its planned investment for establishing a specialties manufacturing hub in Zhanjiang,” said Liang Pei, party secretary of the Zhanjiang EDZ. “We are committed to turning our petrochemical park at the Donghai Island into a world-class one, providing a modern infrastructure and necessary supportive policies to Dow and the park’s other companies.”
The Dow South China Specialties Hub will be located at Donghai Island in Zhanjiang, the farthest southern tip of mainland China. Unique advantages include a deep-water port, transportation networks, and a world-class chemical park with advanced infrastructure and services. The strategic location enables Dow to cover demand across Asia Pacific.
March 16, 2021
Dow Chinese Alkoxylates Investment
Dow signs MoU to establish South China Specialties Hub
- World-class manufacturing base will enhance Asia Pacific customers’ local access to innovative material science solutions
- Further positions Dow to capture growth in world’s largest chemicals market
ZHANJIANG, China – March 4, 2021 – Dow (NYSE: DOW) today signed a Memorandum of Understanding (MoU) with the Zhanjiang Economic and Technological Development Zone Administrative Committee (Zhanjiang EDZ) to build the Dow South China Specialties Hub, a multi-year project providing customers local access to Dow’s portfolio of high value products and innovative technologies.
“Asia Pacific is the world’s largest chemicals market. Demands in the region are evolving towards high-value, specialty chemicals that help customers meet rapidly-developing megatrends in mobility, urbanization and sustainability,” said Jon Penrice, Dow Asia Pacific president. “The establishment of the Dow South China Specialties Hub would further position Dow to provide industry-leading materials science solutions to continue to grow with our customers in China and throughout the entire region.”
The new manufacturing hub would extend Dow’s local reach, further enhancing supply reliability, responsiveness to market needs and customized innovation, and better positions customers for success in markets including automotive, pharmaceuticals, cleaning chemicals, apparel, lubricants and adhesives.
Aligned to Dow’s focus on low capital intensive, fast payback and high return growth projects, under the MOU the Company would invest approximately $250 million to construct specialty polyurethanes and alkoxylates facilities, with a total product capacity of approximately 250,000 tons. The site also offers opportunity for future development and expansion at the Specialties Hub.
Henry Ling, vice president of operations, Dow Asia Pacific, said, “The South China Specialties Hub will be built to Dow’s world-class environmental, health and safety standards and aligned to Dow’s recent commitment to become net carbon neutral by 2050. The new hub will adopt and employ advanced digital, intelligence and automation technologies to create a manufacturing space of world-class safety, productivity, reliability and sustainability performance.”
“Dow is a global leader of material science solutions and we are happy to see its planned investment for establishing a specialties manufacturing hub in Zhanjiang,” said Liang Pei, party secretary of the Zhanjiang EDZ. “We are committed to turning our petrochemical park at the Donghai Island into a world-class one, providing a modern infrastructure and necessary supportive policies to Dow and the park’s other companies.”
The Dow South China Specialties Hub will be located at Donghai Island in Zhanjiang, the farthest southern tip of mainland China. Unique advantages include a deep-water port, transportation networks, and a world-class chemical park with advanced infrastructure and services. The strategic location enables Dow to cover demand across Asia Pacific.
March 12, 2021
Vita Opens Innovation Center
Technical Innovation Centre launched by MP
It has been a Budget Week like no other with a big focus on kick-starting the economy and ‘building back better’. At The Vita Group, we continue to invest in the future, ensuring we’re able to sustainably deliver the very best products and solutions for our customers for generations to come. As part of this mission, we are proud to unveil our fourth innovation hub with the launch of Vita’s new Innovation Centre in Accrington, Lancashire.
The Accrington Technical Innovation Centre will work in partnership with employees and customers across our European footprint to lead research, development, and collaboration on highly engineered and customized polyurethane foam, including driving forward sustainable solutions through the use of biopolyols.
Vita’s four state-of-the-art innovation centres in Accrington, Corby, Middleton and Lithuania collectively represent a £1.3m investment for the Group, 80% of which has been allocated to its sites in the North West.
The centre was officially opened by Sara Britcliffe MP for Hyndburn & Haslingden, at a virtual launch event hosted from the site in Accrington. It offered guests a virtual tour of the new facility, as well as an overview of the site from Group CEO Ian Robb and Technical MD Stuart Roby.
Joining via video link, Sara Britcliffe MP said: “The Innovation Centre is a fantastic example of the type of investment needed in our area to help make the vision of a levelling up agenda a reality. As we start to ease restrictions, I am eager to put Hyndburn & Haslingden firmly back on the map, and work with local businesses like The Vita Group to make our area an innovation hub for the entire region, bringing forward more exciting projects like this, driving jobs and growing the next generation of innovative businesses and facilities.”
A huge congratulations to all involved and welcome to our new colleagues who will help to make this new facility a world-class centre of excellence, combining Vita’s technical expertise in foam chemistry with the latest state-of-the-art testing equipment and systems.
March 12, 2021
Vita Opens Innovation Center
Technical Innovation Centre launched by MP
It has been a Budget Week like no other with a big focus on kick-starting the economy and ‘building back better’. At The Vita Group, we continue to invest in the future, ensuring we’re able to sustainably deliver the very best products and solutions for our customers for generations to come. As part of this mission, we are proud to unveil our fourth innovation hub with the launch of Vita’s new Innovation Centre in Accrington, Lancashire.
The Accrington Technical Innovation Centre will work in partnership with employees and customers across our European footprint to lead research, development, and collaboration on highly engineered and customized polyurethane foam, including driving forward sustainable solutions through the use of biopolyols.
Vita’s four state-of-the-art innovation centres in Accrington, Corby, Middleton and Lithuania collectively represent a £1.3m investment for the Group, 80% of which has been allocated to its sites in the North West.
The centre was officially opened by Sara Britcliffe MP for Hyndburn & Haslingden, at a virtual launch event hosted from the site in Accrington. It offered guests a virtual tour of the new facility, as well as an overview of the site from Group CEO Ian Robb and Technical MD Stuart Roby.
Joining via video link, Sara Britcliffe MP said: “The Innovation Centre is a fantastic example of the type of investment needed in our area to help make the vision of a levelling up agenda a reality. As we start to ease restrictions, I am eager to put Hyndburn & Haslingden firmly back on the map, and work with local businesses like The Vita Group to make our area an innovation hub for the entire region, bringing forward more exciting projects like this, driving jobs and growing the next generation of innovative businesses and facilities.”
A huge congratulations to all involved and welcome to our new colleagues who will help to make this new facility a world-class centre of excellence, combining Vita’s technical expertise in foam chemistry with the latest state-of-the-art testing equipment and systems.
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