Merck KGaA (Darmstadt, Germany) and Siemens AG (Munich, Germany), an innovation leader in automation and digitalization, Germany, plan to develop and implement solutions that offer unprecedented levels of digital trust in machine-to-machine (M2M) connected industrial value chains. This would help…
Evonik Industries AG (Essen, Germany) has signed a purchase agreement to acquire the Swiss plant extract producer Botanica, with closing expected in November. With its presence in Switzerland, France and Germany, Botanica is a European leader in sustainable botanical extracts…
Ecolab Inc. (St. Paul, Minn.) has entered into an agreement to acquire Purolite, a provider of high-end ion exchange resins for the separation and purification of solutions, which is critical to safe, high quality drug production and biopharma product purification…
Maire Tecnimont S.p.A. (Milan, Italy) has signed an Agreement of Intent with PJSC Rosneft Oil C0. (Moscow, Russia) for the implementation of a project related to the construction of the VGO (Vacuum Gas Oil) Hydrocracking Complex at the Ryazan Refining Company’s (RORC) production site,…
ALPLA Group (Hard, Austria) announced that it has selected Kansas City for its new 23,000-square-meter manufacturing plant. The new facility located at the Blue River Commerce Center in Kansas City, Missouri will create 75 jobs while continuing to invest in the…
Honeywell (Charlotte, N.C.) announced that JGC Corp. (Yokohama, Japan) and Cosmo Oil Co.will use Honeywell Ecofining technology for the first commercial-scale sustainable aviation fuel (SAF) project in Japan. The project will convert used cooking oil locally collected in Japan into…
Abundia Global Impact Group (New York City), a technology company focused on circular solutions and sustainability, announced it has entered into a licensing agreement with Alterra Energy (Akron, Ohio), a leader in the advanced recycling of plastics into petrochemical products.…
Teijin Aramid has achieved yarn-to-yarn recycling for its flagship product, Twaron fiber. This development is a key step toward Teijin Aramid’s goal of supplying fully circular high-performance fiber. For more than 20 years, Teijin Aramid has been recycling aramids such…
Archer-Daniels-Midland Co. (ADM; Chicago) and Gevo, Inc. (Englewood, Colo.)announced that they have signed a memorandum of understanding (MoU) to support the production of sustainable aviation fuel (SAF) and other low carbon-footprint hydrocarbon fuels. The MoU contemplates the production of both…
Eastman Chemical Company (Kingsport, Tenn.) announced it and certain of its subsidiaries have entered into a definitive agreement to sell its adhesives resins assets and business to Synthomer Plc (London, U.K.) for total cash consideration of $1 billion dollars. The sale consists…