Abstract
BUSINESS Business Roundup ShareShare onFacebookTwitterWechatLinked InRedditEmail C&EN, 2023, 101 (15), p 15May 8, 2023Cite this:C&EN 101, 15, 15AbstractJohnson Matthey has agreed to sell its diagnostics services business to Sullivan Street Partners and Souter Investments for $69 million. The business, which provides equipment for diagnosing problems in oil and gas production, has annual sales of about $72 million. LyondellBasell Industries is buying the 50% of the plastics recycler Quality Circular Polymers (QCP) that it doesn’t already own from the waste management firm Veolia. QCP operates mechanical recycling plants in Belgium and the Netherlands. PureCycle Technologies has achieved mechanical completion of its plant in Ironton, Ohio, which will use a solvent-based process to purify postconsumer polypropylene for recycling. When operating, the plant will be able to produce nearly 50,000 metric tons of recycled polypropylene per year. Nouryon will expand capacity at its facility in Ningbo, China, for the organic peroxides Perkadox 14 and Trigonox 101. The firm says annual capacity for each polymer additive will double, to 6,000 metricView: PDF | Full Text HTML
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
