Chemicals
The companies featured on PressReleaseFinder are active in several industries.
5 Sept 2025
Syensqo and Teijin Carbon achieve aerospace qualification for Advanced Resin System
Syensqo has achieved FAA-sponsored NCAMP qualification for its PRISM®EP2400 epoxy resin system in combination with Teijin Carbon’s Tenax™ IMS65 E23 24K Non-Crimp Fabrics (NCF) and woven unidirectional (UD woven) reinforcements.
2 Sept 2025
Clariant Oil Services and Swire Energy Services open new supply base in Norway supporting European energy production
Clariant Oil Services, a leading producer and supplier of specialty oilfield production chemicals and services to the oil and gas industry, has expanded its commitment to Norwegian Oil and Gas customers with a new bulk storage and transfer base located in Dusavik, Norway together with its long-standing strategic partner Swire Energy Services. The new site consists of multiple bulk storage tanks with transfer capability to supply either directly to vessels or tote tanks. The system is fully automated to ensure chemicals are transferred accurately and efficiently, and full operations are expected in September 2025.
Today, SONGWON Industrial Group published its Q2 and HY financial results for the 2025 financial year. Over the quarter, the Group achieved consolidated sales of 265,408 million KRW, marking a decrease in revenue of 3.0% over the same quarter of the previous year (Q2/2024: 273,521 million KRW). Year-to-date (YTD), the Group generated consolidated sales of 541,161 million KRW, representing an increase of 2.2% over YTD June 2024 (529,273 million KRW). Impacted by ongoing margin pressure and increased labor costs following a court decision in Korea earlier in the year, SONGWON recorded a loss of 1,481 million KRW in Q2/2025 and a profit of 3,376 million KRW for H1/2025, down from 10,575 million KRW and 17,237 million KRW, respectively, in the corresponding periods of the previous year. The Group achieved a gross profit margin of 14.6% in Q2/2025 and 14.7% in H1/2025.
In a strategic move to address escalating global demand, Clariant has unveiled significant advancements in its stabilizer portfolio, combining expanded production capacity in China with innovative applications that enhance performance in artificial turf applications and medical sectors.
Archroma, a global leader in sustainable specialty chemicals, has entered into a strategic collaboration with Veermata Jijabai Technological Institute (V.J.T.I.), Mumbai, to advance research and innovation in green chemistry and sustainable technologies. This strategic partnership brings together industry expertise and academic excellence to tackle some of today’s most pressing environmental challenges.