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Moeve signs agreement with Pretium Renovables to build biomethane plants

Moeve (Madrid, Spain) has signed a strategic agreement with Pretium Renovables to promote the development of renewable biomethane in Spain. The energy company has invested in this company, which specializes in developing biomethane projects, as a strategic partner to promote…

This vacuum booster pump unit fits into a very small footprint

The COMBI WVD vacuum booster pump unit features high pumping speed and low ultimate pressure, from atmosphere down to the 10-3 hPa (mbar) range. This makes it ideal for both standalone operation and use as backing pump for high vacuum…

Mosaic to sell its potash assets in Carlsbad, New Mexico

The Mosaic Co. (Tampa, Fla.) announced that it has signed a definitive agreement to sell Mosaic Potash Carlsbad, Inc., including the operations, assets and liabilities of the Mosaic mine in Carlsbad, New Mexico to International Minerals Carlsbad, LLC for $30…

NEXTCHEM acquires process engineering firm Ballestra Group

MAIRE S.p.A. (Milan) announced that NEXTCHEM has signed a binding agreement to acquire the entire share capital of Ballestra Group, a global leader in the licensing, design and engineering of processing plants, as well as the supply of proprietary technologies…

Bp sells its majority stake in Castrol lubricants business

Bp plc (London) has reached an agreement to sell a 65% shareholding in lubricants business Castrol to Stonepeak, at an enterprise value of $10.1 billion. This represents an implied EV / LTM EBITDA of around 8.6x reflecting the strength of…

Tata Chemicals acquires sodium bicarbonate manufacturer Novabay

Tata Chemicals Ltd. (TCL; Mumbai, India) announced that Tata Chemicals International Pte. Limited (TCIPL) a 100% subsidiary of TCL, has signed a Share Purchase Agreement (SPA) to acquire 100% equity shares of Novabay Pte. Limited (Novabay) manufacturer of premium grade…

Versalis collaborates with Prysmian on cable-scrap recycling process

Cable manufacturer Prysmian S.p.A. (Milan, Italy) and Versalis S.p.A., Eni’s chemical company, have signed a strategic partnership to give new life to plastic cable scrap, through an innovative chemical recycling process, developing a dedicated supply chain. Following this agreement, Prysmian…

Borealis partners with BlueAlp to advance chemical recycling

Borealis Group (Vienna, Austria) announced a strategic partnership with chemical-recycling technology company BlueAlp (Eindhoven, the Netherlands). The partnership will see Borealis transfer its majority share in Renasci, a chemical recycling company based in Ostend, Belgium, to BlueAlp, while acquiring a…

A rugged, field-ready converter designed to deliver reliable flow data

IFQ Logger 2 is a next-generation portable converter and data logger engineered for demanding wastewater and environmental monitoring applications. The new device is built for high performance across a wide range of field conditions and integrates with this company's existing…

Plug Power installs electrolyzer system for green hydrogen project in Namibia

Plug Power Inc. (Latham, N.Y.) announced it has successfully installed a 5MW GenEco electrolyzer system for Cleanergy Solutions Namibia’s groundbreaking green hydrogen project. The Walvis Bay project plant, which officially opened in September, represents Africa’s first fully integrated commercial green…