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Fujifilm rebrands Life Sciences companies

Fujifilm Corp. (Tokyo) announced that its Life Sciences Group companies will be adopting new names and identities as part of a strategic positioning effort. The Group Companies’ new names, collaborative strategic focus, and structural alignment reflects Fujifilm’s commitment to Life…

Sanofi acquires U.S. biopharmaceutical firm Blueprint Medicines for $9.1 billion

Sanofi S.A. (Paris, France) and Blueprint Medicines Corp. (Blueprint), a U.S.-based, publicly traded biopharmaceutical company specializing in systemic mastocytosis (SM), a rare immunological disease, and other KIT-driven diseases, have entered into an agreement under which Sanofi will acquire Blueprint. The…

Amyris expands fermentation capabilities in Brazil with new production line and acquisition

Amyris, Inc. (Emeryville, Calif.) announced that it has acquired Ingredion's 31% stake in the RealSweet Joint Venture to take full ownership of the industrial precision fermentation plant in Barra Bonita, Brazil. This follows an agreement with Ingredion to wind down their…

Premix Group opens plastics manufacturing plant in North Carolina

Premix Group, a global leader in electrically conductive plastics, announced the opening of its state-of-the-art US manufacturing facility in Apple Creek, North Carolina. With a $79 Million investment from the Department of Defense (DoD) and Health and Human Services (HHS),…

Saint-Gobain Glass and VEKA Recycling forge partnership to improve glass recycling

Saint-Gobain Glass has forged a new partnership with VEKA Recycling that represents a major advancement in sustainable construction and post-consumer glass recycling in the U.K. fenestration industry. Saint-Gobain has also been bolstering its glass-recycling capabilities in the U.S. with projects…

Dow to sell interest in DowAksa composites joint venture for $125 million

Dow Inc. (Midland, Mich.) announced that it has signed a sale and purchase agreement to sell its 50% interest in DowAksa Advanced Composites Holdings BV (DowAksa) to Turkish chemicals firm Aksa Akrilik Kimya Sanayii A.Ş., a company of Akkök Holding.…

RIC Energy and Siemens to jointly develop renewable hydrogen, green ammonia and e-fuels projects

RIC Energy (Madrid, Spain) and Siemens AG (Munich, Germany) have signed a Memorandum of Understanding (MoU) to jointly develop innovative projects in the fields of renewable hydrogen, green ammonia, and e-fuels in Spain. The collaboration will especially boost the sustainable…

Gevo sells Agri-Energy subsidiary to A.E. Innovation

Gevo, Inc. (Englewood, Colo.) has entered into a definitive agreement to sell Agri-Energy, LLC (Agri), a wholly owned subsidiary of Gevo, to A.E. Innovation, LLC for $7 million. The transaction includes Agri’s 18-million-gallon-per-year ethanol-production facility located in Luverne, Minnesota. Gevo…

Metso to sell its Ferrous business to SMS Group

Metso Corp. (Espoo, Finland) has signed an agreement to sell its Ferrous business to SMS group (Düsseldorf, Germany), a global company providing technology and services in plant construction and mechanical engineering for the metals industry. The businesses to be divested…

Uniper and thyssenkrupp Uhde collaborating on industrial ammonia cracking for the hydrogen economy

Thyssenkrupp Uhde GmbH (Dortmund, Germany) and Uniper SE (Düsseldorf, Germany) are entering into a strategic partnership to bring a key technology for global hydrogen trading to industrial maturity: the large-scale ammonia cracker. In an ammonia cracker, ammonia is catalytically broken…