BASF has signed an agreement to sell its kaolin minerals business to KaMin for an undisclosed sum. The transaction is expected to close in the second half of 2022.
BASF Personal Care Europe has implemented a price increase of RSPO-certified oleoderivative.
BASF and Orsted have signed a 25-year fixed price corporate power purchase agreement, under which BASF will offtake the output of 186 megawatts from Orsted’s planned wind farm in the North Sea. With its 25-year term, it’s said to be the longest CPPA for offshore wind ever announced.
Givaudan has announced that it has reached an agreement to acquire Custom Essence. Terms of the deal were not disclosed.
Chemicals company BASF has announced that it is to increase the prices of polyalcohols Neopentyl Glycol (NPG) and 1,6-Hexanediol (HDO) in Europe by 4 euros a metre and 1.000 a metre respectively.
The UK’s supply of fake-tan products is at risk due to a shortage in supply of ingredient solvent ethoxydiglycol, according to the Guardian.
Firmenich and MG International Fragrance are set to build a new regional perfumery production hub on the MG International campus near Istanbul, Turkey.
Speciality chemicals company Evonik has announced the acquisition of Swiss plant extract producer Botanica, which will expand its presence in botanical cosmetic ingredients.
Specialty chemicals business Arxada has announced it is to combine with Troy Corporation, a leader in microbial control solutions and performance additives.
L’Oréal has announced a new global model for fragrance ingredient disclosure as part of its industry-advancing transparency initiatives.