Evonik Industries AG (Essen, Germany) is building a new, highly flexible, global-scale production facility for pharmaceutical lipids in the United States. The new plant at Evonik’s Tippecanoe site in Lafayette, Indiana, will broadly position the Group for future growth in…
Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico) has received all necessary approvals from the regulatory authorities and has finalized its acquisition of OCTAL Holding SAOC. Pursuant to the purchase agreement, Alpek acquired 100% of the shares of OCTAL…
DuPont (Wilmington, Del.) announced completion of the previously-announced sale of its Biomaterials business unit, effective May 31, 2022, to the Huafon Group (Ruian, China) for a purchase price of approximately $240 million. Huafon Group is one of the largest manufacturers…
John Wood Group PLC (Wood; Aberdeen, Scotland) has signed an agreement for the sale of its Built Environment consulting business (‘Built Environment Consulting’) to WSP Global Inc. for gross proceeds of approximately $1.9 billion. This divestment provides enhanced financial flexibility…
DuPont (Wilmington, Del.) announced the opening of its new DuPont Liveo Healthcare manufacturing site in Cooper River, South Carolina, to help better serve customers worldwide. The site, located in Berkeley County, will be operated using the same quality standards as DuPont’s Healthcare…
Nippon Shokubai Co. (Osaka, Japan) and Arkema S.A. (Colombes, France) are joining forces to launch feasibility studies and establish a joint venture (JV) for the construction of an industrial plant for the production of LiFSI (Lithium bis(fluorosulfonyl)imide) ultrapure electrolyte salts,…
Clough Group (Perth, Australia) and Saipem S.p.A. (San Donato Milanese, Italy), in an equally shared (50/50) joint venture, have reached a new agreement with Perdaman Industries for the development of urea plant on the Burrup Peninsula, northwest of Karratha, on…
Toyo Engineering Corp. (Tokyo) received a contract from the Ministry of Economy, Trade and Industry (METI), Government of Japan and will start a feasibility study (FS) for green ammonia production in Indonesia, under the collaboration with Pupuk Indonesia Holding Company…
Johnson Matthey Plc (JM; London) has entered into an agreement for the sale of part of its Battery Materials business to EV Metals Group, a global battery chemicals and technology business. The sale includes Johnson Matthey’s assets at the Battery…
Yokogawa Electric Corp. (Tokyo) announced that it has acquired all shares of Danish company Dublix Technology ApS, a provider of solutions that improve the efficiency of waste-to-energy (WTE) and biomass power plants. The addition of Dublix's combustion control and boiler…