Aspen Technology Inc. (Bedford, Mass.) announced the completion of its transaction with Emerson Electric Co. (St. Louis, Mo.), including the addition of Emerson’s OSI Inc. and Geological Simulation Software (GSS) businesses to AspenTech. As part of the close of the…
Linde plc (Guildford, U.K.) and bp plc (London) announced plans to advance a major carbon capture and storage (CCS) project in Texas that will enable low carbon hydrogen production at Linde’s existing facilities. The development will also support the storage…
BASF SE (Ludwigshafen, Germany) has expanded the production capacity for its antioxidant Irganox 1010 at its site on Jurong Island, Singapore, by integrating an additional production line into the existing production facilities. “By expanding our production capacity, we respond to…
Metso Outotec Corp. (Helsinki, Finland) and Australia’s national science agency, Commonwealth Scientific and Industrial Research Organisation (CSIRO; Melbourne), have signed a global exclusive cooperation agreement on the delivery of SwirlFlow agitation technology for the Bauxite and Alumina sector outside of China.…
Technip Energies (Paris) announced that OCIKUMHO Sdn. Bhd., a joint venture between OCIM Sdn. Bhd. and Kumho P&B Chemicals has signed a license agreement for a 100,000-ton/yr EPICEROL plant for the production of epichlorohydrin (ECH) from glycerine. ECH is a…
Perstorp AB (Malmö, Sweden) announced that it will be acquired by PETRONAS Chemicals Group Berhad (PCG; Kuala Lumpur, Malaysia). PCG signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The…
Solvay S.A. (Brussels, Belgium) announced an investment in Suanfarma’s Cipan manufacturing site located in Lisbon, Portugal to develop its biotechnological capabilities and support the development of natural ingredients. This transaction, to be completed by mid-2023, is the first step of…
Axens (Rueil-Malmaison, France) and Toray Films Europe announced their collaboration to study a polyethylene terephthalate (PET) chemical recycling facility at Toray Films Europe production site in Saint-Maurice-de-Beynost (Ain, France). New units based on Axens’ Rewind PET technology will be coupled…
Borealis Group (Vienna, Austria) and the Reclay Group, international experts in environmental and material recovery management, announce the beginning of a new, jointly-founded entity, Recelerate GmbH. The new organization’s mission is to redesign the critical steps of the plastics sorting…
Toray Industries, Inc. (Tokyo) announced that it has received a reverse osmosis (RO) membrane order for the Taweelah desalination plant in the United Arab Emirates. Once the operation commissions in the second half of 2022, this will be the world’s…