Advanced Biofuel Solutions Ltd. (ABSL; Swindon, U.K.), a developer and producer of advanced biofuels, and Greenergy International Ltd., a leading manufacturer and supplier of waste-based biofuels, announced the signing of a Joint Development Agreement to develop, construct and operate up…
Solenis LLC (Wilmington, Del.) has merged with Sigura Water (Alpharetta, Ga.), an existing Platinum Equity portfolio company, for a total combined transaction value of approximately $6.5 billion. The combined company generates approximately $3.5 billion of revenue. Headquartered in Wilmington, Delaware,…
Velocys plc (Harwell, U.K.) announced that its wholly owned subsidiary, Velocys Renewables LLC, has entered into its first offtake agreement for the sustainable aviation fuel (SAF) to be produced at the planned Bayou Fuels biorefinery project in Mississippi, USA. with…
Sika AG (Baar, Switzerland) has signed a definitive agreement to acquire MBCC Group (Mannheim, Germany), the former BASF Construction Chemicals, from an affiliate of Lone Star Funds, a global private equity firm, for a consideration of CHF 5.5 billion (€5.2…
Johnson Matthey plc (JM; London) has been working to commercialize its range of high nickel cathode materials, principally for the automotive industry. Following a detailed review and ahead of reaching a number of critical investment milestones, JM concluded that the potential…
Vattenfall AB (Stockholm, Sweden), Shell and LanzaTech (Skokie, Ill.) will collaborate with Scandinavian airline SAS to investigate the production of the world’s first synthetic sustainable aviation fuel (SAF) using the LanzaJet “Alcohol to Jet” technology on a large scale in…
Plug Power (Latham, N.Y.) signed a definitive agreement to acquire Frames Group B.V. (Alphen aan den Rijn, the Netherlands), a leader in turnkey systems integration for the energy sector. With over 35 years of experience, Frames designs, builds, and delivers processing…
The Chemours Company (Wilmington, Del.) announced a new facility dedicated to the expansion of its hydrofluoroolefin (HFO) platform Opteon1150, chemically referred to as HFO-1336mzzE. Opteon 1150 is a non-ozone depleting, low global warming potential (GWP) product. The new plant, located…
Evonik Industries AG (Essen, Germany) announced that it has developed an efficient chemical recycling process for converting flexible polyurethane (PU) foams back to the original polyol raw material. Evonik’s new hydrolysis recycling process has the potential to achieve circularity in…
ALPLA Group (Hard, Austria) has opened a new plant for high-density polyethylene (HDPE) plastic recycling in Toluca, Mexico. At the same time, the company has announced it will double its annual regrind material production capacity to 30,000 tons in the…