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SUEZ acquires Sentinel Monitoring Systems

SUEZ - Water Technologies & Solutions completed the acquisition of Sentinel Monitoring Systems, a real-time microbial monitoring company headquartered in Tucson, Arizona. Sentinel Monitoring Systems develops products that provide real-time and near-real-time solutions to monitor the effectiveness of microbial control within life sciences ultrapure…

SK Geo Centric and PureCycle to build recycled PP plant in Ulsan

SK Geo Centric (SKGC), a subsidiary of SK Innovation (Seoul, South Korea) and  PureCycle Technologies, Inc. (Orlando, Fla.), an advanced recycling company revolutionizing plastic waste, signed a non-binding head of agreement (HOA) to open Asia’s first recycled polypropylene (PP) plant…

AGC Chemicals Americas to expand production plant in Pennsylvania

AGC Chemicals Americas Inc. (AGCCA; Exton, Pa.) announced an expansion at its Thorndale, Pennsylvania production facility that will add up to 50%  more manufacturing, quality control lab and office space. The multiuse facility will be configured to meet the growing needs…

Thermo Fisher Scientific acquires protein manufacturer PeproTech for $1.85 billion

Thermo Fisher Scientific Inc. (Waltham, Mass.) and PeproTech, Inc., a leading developer and manufacturer of recombinant proteins, today announced that Thermo Fisher completed its acquisition of PeproTech on December 30, 2021 for a total cash purchase price of approximately $1.85 billion. Based…

Ineos’ U.S. subsidiary finalizes acquisition of PE pipe manufacturer

WL Plastics Corp., a wholly owned subsidiary of INEOS USA LLC d/b/a INEOS Olefins & Polymers USA, has completed the acquisition of the polyethylene pipe extrusion assets of Charter Plastics, Inc. located in Titusville, Pennsylvania. This strategic acquisition provides the…

Johnson Matthey launches new production technology for sustainable aviation fuel

Johnson Matthey plc (JM; London) has launched an innovative technology –HyCOgen – designed to play a pivotal role in enabling the conversion of captured carbon dioxide (CO2) and green hydrogen into sustainable aviation fuel (SAF). By combining HyCOgen with the…

Clariant completes sale of Pigments business

Clariant AG (Muttenz, Switzerland) completed the sale of its Pigments business to a consortium of Heubach Group (Heubach) and SK Capital Partners (SK Capital). As announced upon signing of the transaction, the base enterprise value of the sale amounts to…

Cargill to acquire Croda’s performance technologies and industrial chemicals business assets

Cargill, Inc. (Minneapolis, Minn.) reached an agreement with Croda International Plc (Snaith, U.K.) to acquire the majority of its performance technologies and industrial chemicals business for EUR 915,000,000 ($ 1.03 billion) on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s…

Metso Outotec divests Metal Recycling business

Metso Outotec Corp. (Helsinki, Finland) has signed an agreement to divest its Metal Recycling business line to an affiliate of Mimir, an investment company based in Stockholm, Sweden. The closing of the transaction is expected to take place during the…

DuPont Clean Technologies rebrands as Elessent following acquisition

A new company - Elessent Clean Technologies - has launched, as an international private equity consortium, consisting of BroadPeak Global LP, Asia Green Fund (AGF) and The Saudi Arabian Industrial Investments Company (Dussur), completed its transaction to purchase the Clean…