Lanxess has agreed to divest its 50% interest in Arlanxeo to Saudi Aramco for about $1.6 billion. Both companies say the deal supports their respective growth strategies.
Indorama Ventures and its partners await regulatory approval for their purchase of an uncompleted polyethylene terephthalate plant in Texas and hope to open it by early 2020. Separately, Indorama says it hopes to reach full operations next year at a cracker in Louisiana.
Virtual reality is helping manufacturers improve employee training and product quality at companies such as Honeywell, Lockheed Martin and Boeing. VR glasses are helping Lockheed in its work on the F-35 military aircraft.
Delegating is a great way to manage time better, build people's skills and discover leadership potential, but crisis management, responsibility for outcomes and modeling the desired culture are the jobs of leaders, writes Dan Rockwell.
The Environmental Protection Agency will not consider 1,4-dioxane as a contaminant in consumer items when conducting its Toxic Substances Control Act work-plan review of the substance.
Johnson & Johnson will list fragrance ingredients in its baby-care products down to 0.01% of content on its website, with other ingredients to be listed to an unspecified level. The global initiative begins with baby-care products in the US and three other markets.
Researchers and startups are working to develop the next generation of high-performing, safe batteries for smartphones and other applications. Polymers and carbon fiber may play a role in increasing efficiency and safety in alternatives to lithium-ion batteries.
Polyvinylidene fluoride and PVDF copolymers are fluoropolymers capable of numerous construction uses, including flexible tubing and injection molded components, write Averie Palovcak and Jason Pomante of Arkema. "Known for robust chemical resistance, fluoropolymers are often utilized in areas where high-temperature corrosion barriers are crucial," they write.