tmrFebruary 10, 2021
The
global sodium silicate market has a strong vendor landscape and features an augmented competition, says Transparency Market Research. This is largely owing to the presence of several matured entrants has already ventured into the global sodium silicate market. There are also young players in the industry who are trying to venture in the global sodium silicate markets. For instance, there is joint venture named Advanced Refining Technologies (ART) of Chevron Products Company and W.R. Grace & Co. It was on May 2015 when the companies declared that they would be capitalizing USD$135 mn in their joint venture. This investment is due to increasing their capacity of manufacture. The manufacturing facility located in Los Angeles, is mainly concentrated on sodium silicate, hydro processing catalysts, fluid cracking catalysts, and additives.