2024-11-08 13:39:12

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↘ BASF to produce methanol fatty alcohols
BASF and Acies Bio, a biotechnology company, have partnered to develop a fermentation platform that uses methanol to produce fatty alcohols. Fatty alcohols are essential building blocks for several ingredients in the home and personal care markets. Acies Bio has developed OneCarbonBio, a fully flexible synthetic biology platform designed to convert renewable methanol, derived from captured CO2 emissions, into a variety of chemical raw materials. chemweek.com/europe
↘ Brenntag implements autonomous AI agents
Brenntag SE has announced the launch of Salesforce Agentforce in Germany, which will use AI agents to provide nonstop services to customers and supply partners. chemweek.com/distribution
↘ DuPont partners on printed circuit board tech
DuPont and Zhen Ding Technology Group have entered into an agreement in advanced printed circuit board technology. chemweek.com/asia
↘ Merck completes acquisition of Unity-SC
Merck has completed the acquisition of Unity Semiconductor SAS, a provider of instrumentation for the semiconductor industry, for €155 million. chemweek.com/M&A
↘ LG Chem opens R&D center in Germany
LG Chem Ltd. opened the Europe Innovation Center at Frankfurt, Germany, to foster next-generation battery materials, biomaterials and plastic recycling technology in Europe. chemweek.com/R&D
CW Enterprise
Mainland China’s polarizer market has been dominated by companies from South Korea, Japan and Taiwan, but South Korean display manufacturers have gradually ceased production of LCD panels since 2018 and sold their assets to Chinese companies. As a result, LCD capacity became more concentrated in China, with the country accounting for about 72% of global capacity in 2022.
In 2022, total consumption of polarizers in China was 322 million square meters. The market value was about $4.9 billion, accounting for almost 77% of the total optical and functional films market value.
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