Page 150 - CW E-Magazine (8-7-2025)
P. 150

News from Abroad                                                                                                                                                                  News from Abroad


       DIGITALISATION                                                                                                EXPANDING PORTFOLIO
       Honeywell to help Borouge adopt AI-driven                                                                     Covestro acquires Swiss maker of speciality

       autonomous operations                                                                                         adhesive fi lms


          Borouge, the  UAE based petro-                                                                                German materials fi rm, Covestro,  in Europe, combine our  innovative  two specialised production sites in
       chemicals  company owned by  AD-                                                                              has signed an agreement to acquire  strength, and develop new markets,”  Switzerland and Germany, focusing
       NOC and Borealis,  is collaborating                                                                           Pontacol, a Swiss manufacturer of  he added.                        on  different  fi lm  technologies.  “This
       with Honeywell  to conduct  a ‘proof                                                                          multi-layer adhesive fi lms.                                         not only strengthens the company’s
       of concept’ for  AI-powered autono-                                                                                                                Covestro  said  the acquisition will  global manufacturing network but
       mous operations at its manufacturing                                                                             “The acquisition of Pontacol is  bolster  its  fi lm  business  with  highly  also improves the regional availa-
       facilities.                                                                                                   strategically sound and financially  specialised  fl at  and  blown  fi lms.  The  bility  of  adhesive  fi lms. The  acquisi-
                                                                                                                     attractive,” said Christian Baier, Chief  fi lm segment is said to be growing conti-  tion also opens up additional value
          This will result in the petrochemi-                                                                        Financial  Offi cer  of  Covestro.  “We  nuously  worldwide, primarily driven  creation potential through comple-
       cal  industry’s  “fi rst  AI-driven  control                                                                   are gaining a profi table company with  by increasing demand in key future  mentary  technologies,  an  expanded
       room” designed for full-scale, real-time                                                                      signifi cant  growth  potential  and  rele-  markets such  as  medical technology,  customer and product portfolio, as
       operation, establishing a new standard                                                                        vant synergy effects. This allows us to  mobility, and the textile industry.  well as synergies in central func-
       for the future of AI in petrochemicals,                                                                       strategically  expand our production                                tions and procurement,” the company
       Borouge informed.                                                                                             capacities  for  multi-layer  adhesive  fi lms   Additionally,  Covestro is acquiring  informed.

          The  initiative  aims to deploy  the                                                                       PARTNERSHIP
       proof-of-concept technologies to en-
       hance  Borouge’s operations  across its                                                                       Emirates Biotech, United Arab Emirates University
       Ruwais facilities in the UAE. Autono-
       mous operations  will enable Borouge  solutions and advanced machine learn-  innovation – generated $573-mn in   join forces to advance PLA technology
       to optimise production, reduce energy  ing algorithms.             value.  George Bou Mitri, President of
       use, and enhance safety while reducing                             Honeywell Industrial Automation, Middle       Emirates Biotech has announced a  optimise PLA  performance and envi-  Kulshrestha, Chief Technology Offi cer of
       costs at what will be the single largest   The project is a key component of  East, Turkey, Africa, Central Asia, said,   partnership with the United Arab Emi-  ronmental benefi ts. The outcomes aim  Emirates Biotech, said.
       petrochemical site in the world.  Borouge’s companywide  AIDT (AI,  “By integrating AI and automation tech-   rates  University (UAEU) to conduct  to support the commercialisation of
                                         Digitalisation, and  Technology) pro-  nologies into core operations, we are   collaborative research on novel polylactic  bioplastics tailored to the evolving   Professor Mohamed H. Al-Marzouqi,
          As part of the collaboration agree-  gramme, which is projected to generate  helping unlock new levels of effi ciency,   acid (PLA) applications and end-of-life  needs of the UAE and the wider Middle  Dean of the College of Engineering at
       ment, both companies will bring their  $575-mn in value this year. In 2024,  safety, and performance. This agreement   solutions.               East region.                      UAEU stated, “Our partnership with
       expertise in process technology and  Borouge’s portfolio of over 200 AIDT initi-  shows how advanced technologies,                                                                Emirates Biotech aligns with our mis-
       autonomous control capabilities to identify  atives – spanning operations, health and  applied with purpose, can reshape indus-  The joint research projects will   “This collaboration  will be in-  sion to advance engineering  solutions
       new opportunities to deploy Agentic AI  safety, sales, sustainability, and product  trial operations at scale.”  engage UAEU’s students and faculty,  strumental  in positioning  PLA as a  that address sustainability  challenges
                                                                                                                     and leverage the university’s  facili-
                                                                                                                                                       credible and sustainable alternative  to  and foster innovation in materials
       Sika takes over Qatari construction chemicals fi rm                                                            ties to explore innovative methods to  fossil-based  plastics,”  Dr.  Aman  science for long-term regional impact.”

          Swiss  speciality  chemicals  fi rm,  growth in Qatar and the neighbouring  utilities sector as well as major projects   Evonik expands capacity of polybutadiene additives
       Sika, has acquired Gulf Additive Factory  countries. “The combination of Sika’s  in transportation, healthcare, tourism,
       LLC (GAF) in Qatar.  The company  existing product portfolio and locally  and industrial manufacturing.       in China
       manufactures a wide range of construc-  produced additions,  such as the  EIFS
       tion chemical products including con-  system, perfectly positions Sika to   Christoph Ganz, Regional Manager    German chemicals firm, Evonik,  formance additive, which is critical for  and shorter lead times,” says Dr. Anna
       crete admixtures, mortars, flooring,  benefi t  from  the  increased  demand  for  EMEA, added, “With this acquisition,   has decided to localise the fi nal production  various  applications, including rubber  Maria Ickert, Head of Evonik Coating &
       waterproofi ng and facade systems (EIFS:  energy efficient cool houses,” the  we will strengthen our local expertise   step of its  Polyvest  ST-E 60 branded  compounds, adhesives, coatings, tyres,  Adhesive Resins.  Polyvest is used as
       Exterior Insulation and Finish System),  company added.            and production setup. It will provide us   silane-functionalised polybutadienes  and sealants.                 a reactive  plasticiser  in tyre  formu-
       which are manufactured  in a facility                              with a strong foundation to continue to    in Shanghai, China.  The expansion                                  lations.  Thanks to its  rubber-based
       close to Doha.                      The construction market in Qatar is  drive our growth and benefi t from the   is expected  to be fully operational  by   “This  strategic investment  will  nature,  Polyvest provides a natural
                                         expected to grow at a CAGR of over  ambitious  investment  programmes in    Q3 2025. By localising and expanding  enhance  our production  capabilities  fi t  and  is  highly  compatibility  with
          Sika said GAF’s modern manufac-  4% until 2028. Growth will be driven  both the infrastructure and commercial   global capacity, Evonik aims to meet  and ensure that our customers in Asia  the  rubber  matrix  of  tyre  tread
       turing site will help expand and drive  by large investments in the energy and  construction segments.”       the ongoing demand for this high-per-  benefi t  from  improved  supply  security  compounds.

       150                                                                       Chemical Weekly  July 8, 2025       Chemical Weekly  July 8, 2025                                                                   151


                                      Contents    Index to Advertisers    Index to Products Advertised
   145   146   147   148   149   150   151   152   153   154   155