Evonik Industries AG has announced to hand over their Lulsdorf site to ICIG. The procedure was completed on June 30, and the site only focuses on specialty chemicals. Investors have acquired the entire site and all the business operations through it in Germany. Previously, the companies were part of Evonik's Performance Materials Division. Evonik has taken its initial step towards eliminating all three components of the division with its sale. ICIG will take over all production facilities and over 600 people. Employees have been granted extensive protection rights.
The Chemours Company the leading provider of titianium technologies and advanced performance materials has announced to receive the third annual Carrier of the Year Award that recognizes the great efficiency of transporting Ti-Pure titanium dioxide (TiO2) to the customers. For the second year in a row, Marten Transport with Platinum award and Hirschbach Transportation Services with Gold award have been recognized.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5275
Published Date: Sep 28, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand for EVs and growing production of lithium-ion battery are the major factors driving the market growth.
The market size of titanium fluoride phosphate is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2024 â€“ 2036.
The major players in the market are The Chemours Company, Huntsman International LLC, Evonik Industries AG, and Tronox Holdings Plc
The electric vehicle segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.