OQ Chemicals (formerly Oxea) has entered into an agreement to license its advanced proprietary technology for the production of ethylene and propylene derivatives to Duqm Refinery and Petrochemicals Industries Co. (DRPIC) in Oman.

OQ Chemicals, formerly Oxea, is now marketing a large part of its product portfolio of oxo intermediates and oxo derivatives via the specialized B2B online marketplaces Pinpools and Chemondis.

Bulab Holdings Inc. announced that its shareholders have elected three new members to its Board of Directors.

The global chemical company Oxea has officially changed its corporate name to OQ Chemicals as a sign of its final integration into the newly formed energy company OQ.

BASF announced that the sales and earnings forecast the company provided on Feb. 28 for the 2020 business year will not be met.

Specialty chemicals provider Perstorp has started the large-scale production of hand sanitizer and surface disinfectant for the Swedish healthcare sector.

In the 2019 fiscal year, specialty chemicals Group ALTANA reported sales of €2,249 million, nearly 3% below the level of the previous year.

BASF Venture Capital is investing in the Longwater Advanced Materials Fund.

BASF is enhancing its regional innovation capabilities with new facilities at the Innovation Campus Shanghai, to further strengthen collaboration with the automotive industry and to offer new process catalysts to the chemical industry.

Pilot Chemical Corp. has launched a revitalized strategy designed to increase growth and innovation and put a deeper focus on its employees and customers.