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Related Fine Chemicals Industry News

• January 2023: Eni announced that it is forming a new company called Eni Sustainable Mobility. This new company will focus on sustainable transportation. Eni Sustainable Mobility will work on bio-refining, biomethane, and the sale of mobility products and services in Italy and other countries. It will help the company grow into a multi-service, multi-energy company.
• July 2022: ExxonMobil introduced the Mobil Super line of lubricants. According to the manufacturer, this next-generation synthetic passenger vehicle lubricant provides superior technology, meets the most recent BS-VI criteria, and improves fuel economy.

• In June 2023, Oleon NV opened an oleochemicals production plant that can operate purely based on proteins of all-natural origin (enzymes). A total of EUR 17.4 million (~USD 19.56 million) has been invested in the INCITE project, including EUR 13.3 million (~USD 14.95 million) in European subsidies.
• November 2022: Sinarmas Cepsa Pte. Ltd., a 50:50 joint venture between Spanish Cepsa and Indonesian conglomerate Sinar Mas, signed a Memorandum of Understanding (MoU) with Singaporean palm oil producer Golden Agri-Resources, a subsidiary of Sinar Mas to expand its bio-based chemicals production. The company is enhancing its global presence, growing the global demand for fatty acids and natural alcohols in home and personal care products, and increasing demand for sustainable, bio-based solutions across various industries it serves.

• September 2022: LANXESS developed a non-halogen flame retardant for use in glass fiber-reinforced plastics, particularly for the electrical and electronics industry. The company will offer these products under the Emerald Innovation NH 500 brand name.
• July 2022: BASF SE partnered with THOR GmbH to develop a non-halogenated flame retardant additive. This product will comply with the safety standards enriching the sustainability of the particular product.

• March 2022: PDI launched new products, namely Sani-24 Germicidal Disposable Wipe, Sani-HyPerCide Germicidal Disposable Wipe, and Sani-HyPerCide Germicidal Spray. These are innovative disinfectants to help infection prevention professionals in the fight against rising healthcare-associated infections (HAIs).
• February 2022: SC Johnson Professional launched its Quaternary Disinfectant Cleaner in a new easy-to-measure, squeeze, and pour bottle in North America. The product cleans, disinfects, and deodorizes in one labor-saving step, and the packaging format simplifies measuring for dilution in a bucket, automatic scrubber, or spray bottle.

• July 2022: Afton Chemical completed a USD 70 million investment in its Sauget, Illinois Plant's Automatic Transmission Fluid (ATF) additive production facility which will help support the growing needs of oil marketers and original equipment manufacturers (OEMs) for next-generation developments in electric vehicle (EV) fluids, including hybrid and battery electric vehicles (HEVs, BEVs).
• July 2022: Wakefield Canada Inc. announced the launch of Castrol ON, Castrol's new range of e-Fluids for electric mobility, including e-Greases, e-Thermal Fluids, and e-Transmission Fluids. The new Castrol ON range offers OEM partners and consumers a full range of advanced e-Fluids to meet the challenging technical demands of current and future electric vehicles.

• November 2022: OMV Petrom announced the initiation of production of AdBlue in Romania following an investment of EUR 800,000 (~USD 834,000) in a new production facility south of Bucharest. In its first phase, AdBlue will be sold in OMV and Petrom filling stations, and starting next year it will be also sold in other networks.
• February 2022: CrossChem International's Hong Kong subsidiary received accreditation from the German Association of the Automotive Industry VDA (Verband der Automobilindustrie), allowing it to start manufacturing AdBlue diesel exhaust fluid its Hong Kong production plant. The total production capacity of the plant is 1.5 million liters of AdBlue per month.

• In March 2023, Chevron Corporation expanded its portfolio with the launch of new grease products. The company's new portfolio includes heavy-duty multi-purpose greases for extreme-pressure and other applications.
• In November 2022, Shell Global completed the expansion of its lubricant blending plant on Indonesia's Java island. The plant expansion doubled the production capacity to 300 million liters (270,000 metric tons) per year.

• March 2023: The Lubrizol Corporation introduced new sulfur-free driveline lubricant technology for EV transmissions and e-axles. With this new product launch, the company expanded its portfolio of EV lubricants and fluids, which increased its footprints in the market.
• October 2022: Shell plc extended its globally available specialized fluids portfolio by introducing Shell E-Fluids to support battery electric (BEV) as well as fuel cell electric (FCEV) powertrains for commercial light, medium, and heavy goods vehicles.

• March 2023: The Lubrizol Corporation introduced new sulfur-free driveline lubricant technology for EV transmissions and e-axles. With this new product launch, the company expanded its portfolio of EV lubricants and fluids, which increased its footprints in the market.
• October 2022: Shell plc extended its globally available specialized fluids portfolio by introducing Shell E-Fluids to support battery electric (BEV) as well as fuel cell electric (FCEV) powertrains for commercial light, medium, and heavy goods vehicles.

• In December 2022, Novozymes announced the merger with Chr. Hansen, a Danish company of agricultural, pharmaceutical, and food ingredients. This merger is a strategic move for Novozymes to strengthen its hold in the market.
• In August 2022, BASF divested its BASF Nutrilife baking enzymes business segment to Lallemand Inc which is an enzyme manufacturer. Lallemand has a unique product portfolio such as Lallemand yeast and bacteria technology platforms.
• In November 2021, Novozymes and Novo Nordisk Pharmatech collaborated on the development of best-in-class technical enzymes to support production processes in the biopharmaceutical industry. This collaboration will help Novozymes to scale up the processes in the regenerative medicines market.