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Norwegian Researchers lead a gigantic EU Project which will find Solutions for invisible Pollution

Frying pans with teflon coatings so your food does not burn. Detergents to keep your clothes and dishes clean. These are examples of how we, in our daily lives, come in to contact with invisible pollutants called PM substances. These pollutants end up going down the drain and they do not degrade and can travel long distances in the environment. They remain in water and are problematic for humans and the ecosystem. Now the EU is taking action.

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Strategic Cooperation between DMT and MUTAG to jointly implement Turnkey Water Treatment Plants for industrial Users

The age of "survival of the fittest" is over - the future will be won by companies that cooperate with each other, according to the trend monitor of the German Future Institute. The international engineering and consulting company DMT GmbH und Co. KG has been working on this since 1737, enabling joint progress in complex engineering assignments across the world. A new milestone is the recently signed strategic cooperation with MUTAG, the leading specialist in the field of biological wastewater treatment from Chemnitz, by signing a cooperation agreement. The aim of the cooperation is to jointly implement turnkey wastewater treatment projects for the industrial sector worldwide. To this end, both companies offer individual, customised solutions that are particularly suitable for technologically demanding applications.

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Sika to acquire MBCC Group to accelarate its Growth Strategy and reinforce it Position as Sustainability Champion in the global Construction Industry

  • MBCC Group is one of the most recognized companies in construction chemicals worldwide with sales of approximately CHF 2.9 billion (EUR 2.7 billion)
  • Enterprise value of CHF 5.5 billion represents a 11.5x EV/pro forma 2022E EBITDA multiple with expected annual synergies of CHF 160 – 180 million bringing the multiple down to 8.5x EV/EBITDA
  • Transaction is highly complementary across almost all of Sika’s core technologies, applications, and solutions
  • Acquisition is accretive to Sika’s earnings per share from the first full year post closing
  • The combined company will drive the sustainability transformation of the construction industry further and faster
  • Transaction is subject to regulatory approval, but Sika is confident that all required clearances will be obtained. Closing targeted for the second half of 2022
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How to meet the global Need for Carbon as a Feedstock in the chemical and derived Materials Sector in the Future?

The chemical sector has a long-lasting and increasing demand for carbon that is embedded in its products. Today, 450 million tonnes of carbon are contained in chemicals and polymers, mostly sourced from fossil resources. The free report “Turning off the Tap for Fossil Carbon”, shows how the demand is met today and could be covered by renewable carbon in the year 2050.

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ADNOC and Wintershall sign Memorandum of Understanding for joint Chemical Enhanced Oil Recovery Research

At the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) the Abu Dhabi National Oil Company (ADNOC) and the German E&P company Wintershall signed a Memorandum of Understanding (MoU) regarding future cooperation in research and development. The project focuses on Enhanced Oil Recovery using specialized chemicals for the oil and gas industry. Main goal of ADNOC and Wintershall is to jointly develop customized solutions to meet the subsurface challenges that are characteristic for the local oil fields – high temperature and high salinity in the carbonate reservoirs of Abu Dhabi. The MoU forms the framework for a close cooperation of the two companies and comprises a roadmap for the development of cEOR methods.

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