Croda International Plc (Snaith, U.K.) has agreed to acquire Avanti Polar Lipids, Inc., a leader in lipid-based drug-delivery technologies for next-generation pharmaceuticals. Croda has acquired Avanti for an initial consideration of $185 million on a debt and cash-free basis, with…
Dow Inc. (Midland, Mich.) announced that it has signed a definitive agreement to sell its rail infrastructure assets and related equipment at six major North American sites to Watco Companies (Watco), a Pittsburg, Kansas-based transportation company providing transportation, terminal and…
Solenis (Wilmington, Del) is participating in the Piloting Alternatives for Plastics project, a global initiative to help develop the next generation of fiber-based materials to replace plastics used in food packaging, filters, hygiene products and other goods. Solenis is joining…
ExxonMobil Corp. (Irving, Tex.) and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions. The new, five-year agreement builds on ExxonMobil’s participation in Princeton’s E-filliates Partnership, which began in…
Saipem S.p.A. (San Donato Milanese, Italy), in a 50% joint venture with Clough, has been selected as the exclusive EPC contractor for the development of Perdaman Industries’ urea plant on the Burrup Peninsula, approximately 20 km northwest of Karratha, on…
Anellotech, Inc. (Pearl, River, N.Y.) has announced that R Plus Japan Ltd., a new joint venture company, will invest in the development of Anellotech’s Plas-TCat technology for recycling used plastics. R Plus Japan was established by 12 cross-industry partners within…
Equinor ASA (Stavanger, Norway) is leading a project to develop one of the U.K.’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen…
Air Products (Lehigh Valley, Pa.) announced that its new steam methane reformer (SMR) and cold box in Geismar, Louisiana are onstream and supplying Huntsman’s neighboring industrial operations. Air Products built, owns and operates the facility under a long-term agreement, supplying…
Carbios (Saint-Beauzire, France) announced the launch of the construction of its industrial demonstration plant for the enzymatic recycling of polyethylene terephthalate (PET) plastic. The demonstration plant is located near Lyon, in France’s Chemistry Valley, the French hub of innovation and…
Henkel AG & Co. KGaA (Düsseldorf, Germany;) announced the expansion of its Additive Manufacturing Services, designed primarily for automotive and industrial customers to provide support with 3D printable materials, from design through to final part manufacturing. Henkel Additive Manufacturing Services…