Page 169 - CW E-Magazine (19-9-2023)

News from Abroad

GEARED FOR GROWTH

Alleima invests in new facility to meet demand for

tubing products in Chinese chemical sector

Alleima, the Sweden-based manu- ramp up from 2025, adding cold-fini- tubing products for the chemical and
facturer of stainless steel and special shing capabilities to meet the growing petrochemical segment in China.
alloys products as well as solutions demand for heat exchangers, compos- Today, we are one of the leading players
for industrial heating, is increasing its ite tubes and other application tubing in the premium segment, and as we see
capacity for application tubing pro- products, mainly to the chemicals and an increasing demand driven by the
ducts, such as heat exchanger tubes, petrochemicals segment in China. infrastructure expansion of chemical
through an investment of approxi- plants, the investment is a key enabler
mately Swedish Kroner (SEK) 250-mn The facility will also have capabili- to maintain our position and for conti-
(about $23-mn) in a new cold-finishing ties to produce hydrogen tubes sup- nued profitable growth in the region,”
facility in Zhenjiang, China. porting the build-out of Chinese green said Mr. Göran Björkman, President
hydrogen infrastructure. and CEO of Alleima.
The greenfield facility will have
more than 10,000-sq.m. floor space and “In line with our strategy, we are Alleima had revenues of SEK
will be built on the existing Alleima site increasing our capacity to serve the 3,803-mn in Asia, of which SEK
in Zhenjiang in China. Operations will growing market for our application 1,744-mn in in China during 2022.

DKSH inks distribution deal with Denmark’s Lactobio

Switzerland-based distributor of commercial and technical teams, strong
specialty chemicals and ingredients, capabilities in logistics, and value-
DKSH, has said that it will provide added services, including technical
business development, marketing, and regulatory support. Mr. Michael
sales, logistics, and distribution services Litichevski, Vice President, Sales, Lacto-
for Denmark-based Lactobio’s range bio, commented, “We are very excited
of post-biotic products in Australia, about our new partnership with DKSH
China, France, Korea, Malaysia, New stimulate cell regeneration, and relieve in ten strategic markets across Asia
Zealand, Singapore, Taiwan, Thailand, irritation. Pacific and Europe. We look forward
and Vietnam. to leveraging DKSH’s strong experi-
DKSH said it was entrusted to ence and strength in the personal care
Lactobio’s post-biotic range in- grow Lactobio’s personal care business segment and bringing innovations and
cludes microbiome-friendly bio-acti- across Asia Pacific and Europe thanks to excellence to diverse corners of the
ves that stabilise the skin microbiome, its distribution network, knowledgeable globe.”

ResourceWise acquires Chemical Intelligence

ResourceWise, a provider of com- ing to the chemical industry, focusing to the ResourceWise portfolio supports
modity price data, analytics and stra- specifically on glycols and derivatives, our long-term objective to be the lead-
tegic consulting to forest products, solvents, antifreeze, and methanol. It ing source of data for the chemical in-
renewable fuels and feedstocks, and will join ResourceWise’s Chemical dustry. With both Tecnon OrbiChem
chemical industries, has acquired Texas- Intelligence group, which also includes and Chemical Intelligence and their
based Chemical Intelligence. Terms of Tecnon OrbiChem, a company that decades of experience in chemicals,
the deal were not disclosed. focuses on chemical intermediates. we are well-positioned to expand our
Both companies will now be known as strategic consulting model to these new
Chemical Intelligence is a provider ResourceWise – Chemical Intelligence. chemical families as well,” said Mr. Peter
of data, insights, and strategic consult- “The addition of Chemical Intelligence Stewart, ResourceWise’s CEO.

Chemical Weekly September 19, 2023 169

Contents Index to Advertisers Index to Products Advertised