Occidental Corp. (Oxy; Houston) announced that a wholly owned subsidiary has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion, to be made in three…
Emerson (St. Louis, Mo.) announced a definitive agreement to acquire FLEXIM Flexible Industriemeßtechnik GmbH (Berlin, Germany), a global leader in clamp-on ultrasonic flow measurement for liquids, gases and steam. Flexim brings highly differentiated, complementary technology and strong customer relationships to…
Covestro AG (Leverkusen, Germany) has developed an innovative process for recycling polycarbonate, i.e. polychain plastics. In this process, plastics are converted back into their monomers, a precursor of plastics, so that they can be fed back into the production process…
Lummus Technology (Houston) and Biohydrogen Technologies have announced an agreement to develop and deploy advanced synthesis gas reactor technology primarily for the production of blue hydrogen. Lummus' Green Circle business unit will provide to Biohydrogen Technologies its expertise in hydrogen…
BASF SE (Ludwigshafen, Germany) is set to double its production capacity for water-soluble dispersants based on acrylic acid at its Dilovasi, Turkey location with the introduction of a new production plant. This investment aims to support BASF’s customers in the…
Origin Materials, Inc. (West Sacramento, Calif.) and Proman (Wollerau, Switzerland), one of the world’s largest producers of methanol, announced a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s worldwide fuels capabilities and expertise. As part…
Mitsui Chemicals, Inc. (Tokyo) announced that it will increase its production capacity for polyurethane dispersions (PUDs) to meet demand for mono-material food packaging, which is on the rise amid the growing need for sustainability. Specifically, the Shimizu Factory of Mitsui…
Cummins Inc. (Columbus, Ind.) and Chevron U.S.A. Inc., a subsidiary of Chevron Corp. (San Ramon, Calif.), announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. The announcement expands the…
Altana AG (Wesel, Germany) has acquired the business of Imaginant Inc., a U.S. company that develops and manufactures test and measurement instruments based on ultrasound. With this acquisition, the specialty chemicals group has strategically expanded its BYK division and entered…
Mitsui Chemicals, Inc. (Tokyo) announced that Polaris Chemicals, Inc, a subsidiary established between Mitsui Chemicals and Kasano Kosan Corporation in 2021, has begun production of biocatalysts used in the production of acrylamide. Acrylamide is a raw material for polyacrylamide, which…