LANXESS increases prices for ion exchange resins and iron oxide adsorbers

LANXESS’ ion exchange resins and iron oxide adsorbers are used in numerous industries and applications to purify water and other liquid media effectively, said the company.

Specialty chemicals company LANXESS will globally increase its basic prices for all Lewatit ion exchange resins and Bayoxide iron oxide adsorbers for water treatment applications by approximately 10 percent. The price increase will be valid for all new orders placed starting July 1, 2022.

Recently, the company announced the introduction of a monthly variable surcharge, to compensate the extraordinary cost increases in raw materials, energy and transportation. The monthly variable adder will be maintained and will be adjusted based on the most relevant input costs on a monthly basis. Customers will be contacted individually.

The LANXESS Liquid Purification Technologies business unit is one of the world’s leading global solution providers for water treatment and liquid purification. Ion exchange resins and iron oxide adsorbers are used in numerous industries and applications to purify water and other liquid media effectively.

As per MRC, LANXESS said it was suspending its business activities in Russia due to the war in Ukraine. Thus, the company had “suspended business activities with Russian customers as far as contractually possible until further notice” and had suspended all investments in Russia. Its sales in Russia and Ukraine made up less than 1% of its global sales, it said.

LANXESS is a leading specialty chemicals company with about 19,200 employees in 25 countries. The company is currently represented at 74 production sites worldwide. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Through Arlanxeo, the joint venture with Saudi Aramco, Lanxess is also a leading supplier of synthetic rubber.
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The Polynt Group announces its decision to expand coating resin production capacity to serve the North American Coatings Market, said the company.

This expansion will be fully effective by 2023 and will meet the growing needs of the paint and coatings industry with alkyd, polyester, copolymer, emulsion, and urethane resin technologies. This investment will allow Polynt to meet growing customer demand for additional capacity and expanded regional availability throughout North America. Additionally, this expansion shows Polynt commitment to our customers operating in a constrained coatings resin marketplace.

Polynt offers one of the most comprehensive ranges of resin technology in the coatings industry from traditional alkyds, polyesters, polyurethanes, epoxies, and acrylics to more cutting-edge technologies such as alkyd emulsions and water-borne oil modified urethanes. Polynt has been a pioneer in creating innovative solutions to help coatings formulators meet their customers’ most demanding applications. Whether developing the latest in high-performance protective coatings or low-VOC architectural paints, formulators can look to Polynt for leading edge innovations to meet the variety of markets in the coatings industry.

As it was written earlier, Polynt Group employees, together with the Company, made a charitable donation to the “Amici del MoyaMoya ONLUS” association to help both the reception of Ukrainian children and women fleeing the war (Matrioska Association) and the transport of essential goods to the boarder regions. In addition, Polynt Composites Poland Sp. z o.o. made a further donation to the “Aiutiamoli a Vivere” association to help Ukrainian children.

We remind, Black Diamond Capital Management, L.L.C. has announced that Speciality Chemicals International Limited has agreed to repurchase Investindustrial’s shares in the of Polynt-Reichhold Group and following the completion of the transaction, Black Diamond will become the Group’s controlling shareholder.

Polynt Group is a global leader in composite materials, intermediate chemicals, coating resins, thermosetting composites, gel coats, and niche chemical specialties. Polynt Group has over 3,100 employees in 35 manufacturing operations throughout North and South America, Europe, and Asia.
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Arkema has completed the previously announced acquisition of South Africa-based adhesive solutions company Permoseal, said the company.

Permoseal is focused on adhesive solutions for the DIY, packaging and construction sectors. The company, with sales of €43m in 2021, has two plants in South Africa. Arkema said the acquisition would complement its Bostik adhesives business in South Africa’s and Sub-Saharan Africa’s industrial, construction and DIY markets. The acquisition price was not disclosed.

We remind, Arkema announces the launch of TIPPOX 2028 stabilizer, the optimized stabilizer solution for the growing base of customers in PMMA production around the globe. TIPPOX 2028 stabilizer offers a new approach to traditionally utilized methods of handling thermal degradation. TIPPOX 2028 stabilizer saves customers on operational costs by enabling higher processing temperature and higher throughput, while reducing defects and VOCs.

Arkema is one of the world's leading chemical manufacturers headquartered in Colombes (near Paris, France). Founded in 2004 as a result of the restructuring of the French oil company Total, Arkema, with a turnover of EUR6.5 billion, has operations in 40 countries, 10 research centers around the world, and 85 plants in Europe, North America and Asia.
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Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, today completed the acquisition of the wool spinning businesses in Italy and Poland of Tollegno 1900 S.p.A. (Tollegno 1900), a leading Italian manufacturer of fabrics and yarns, said the company.

Tollegno 1900 has a rich family-based heritage with more than 120 years of experience and is now one of the leading European textile groups with a total spinning capacity of around 3,500 tons of yarn per year with a specific focus on flat knitting and hand knitting yarns. With this acquisition, IVL secured two assets, including a spinning and top-dyeing operation in Poland and a yarn dyeing operation in Italy.

The acquisition is a strategic fit for IVL’s unique integrated business platform and will make a significant contribution to the sustainable growth of its Wool business, which is part of the company’s Fibers segment. It will also strengthen IVL’s footprint for worsted yarns in Europe and help extend IVL’s wool products globally with trading subsidiaries in America and Asia.

The operations, which will be renamed Filatura Tollegno 1900, will add more sustainable products to IVL’s portfolio, including a full traceability project of the fibers used for yarns and fabrics, as well as provide synergies with existing assets.

Mr. Giovanni Germanetti, the CEO of Tollegno, will continue in the same role with Filatura Tollegno 1900, facilitating continuity and exploring new growth as part of IVL. Mr. Lincoln Germanetti, the President and co-CEO of Tollegno, will remain with Filatura Tollegno 1900 as COO.

As per MRC, Indorama Ventures Public Company Limited, a global sustainable chemical company, has signed a license agreement with Shandong Binhua New Material Co., Ltd., a subsidiary of Befar Group, a leading petroleum and chemical enterprise in China, to build, own and operate a propylene oxide (PO), t-Butanol (TBA) and t-Butyl methyl ether (MTBE) co-production unit.
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Borealis (Vienna, Austria) has declared force majeure on all cracker products from its ethane-fed steam cracker at Stenungsund, Sweden, after encountering technical difficulties during a restart of the facility following a maintenance turnaround, as per S&P.

Borealis had lifted a previous force majeure on the cracker on 17 June, declared earlier in the month after struggles restarting from major maintenance work that began in April. The new force majeure was declared on 23 June, Borealis confirmed to S&P Global on 1 July. The company had previously said it expected on-spec production to be achieved by 26 June.

As per MRC, Borealis is investing around EUR200 mln to upgrade and expand its XLPE and semicon assets at existing production locations in Europe. This ambitious initiative will serve the W&C market by safeguarding the reliable supply of high-quality insulation and semiconductive materials in the long term, and particularly those required to support global offshore wind and interconnector projects.

As per MRC, Borealis (Vienna, Austria) has announced several deals for its certified renewable feedstock range for use in polypropylene (PP) and polyethene (PE) packaging and pipeline products. Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals and fertilizers, has announced that Nupi Industrie Italiane (NUPI) has selected the ™ polypropylene (PP) for the next generation of their PP-RCT (Polypropylene Random Crystalline Structure Temperature) piping solutions for domestic plumbing, heating as well as heating, ventilation, and air conditioning (HVAC) systems designed to perform under higher stress conditions and temperatures.

Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions and a European front-runner in polyolefins recycling. In Europe, we are a market leader in base chemicals and fertilizers. We leverage our polymer expertise and decades of experience to offer value adding, innovative and circular material solutions for key industries such as consumer products, energy, healthcare, infrastructure and mobility.
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