Toray Advanced Composites announced the expansion of its continuous fiber-reinforced thermoplastic composite materials portfolio through the acquisition of Gordon Plastics’ assets, technology, and intellectual property, located in Englewood, Colorado. This investment by Toray Advanced Composites brings expanded development, testing and…
Solvay S.A. (Brussels, Belgium) has entered into an agreement to license its leading-edge hydrogen peroxide technology to North Huajin Refining and Petrochemical Company (North Huajin) for the manufacturing of 300,000 metric tons of propylene oxide per year in its Panjin…
BASF SE (Ludwigshafen, Germany) recently opened its new production line for water-based dispersions in Heerenveen, the Netherlands. Thanks to this new line, production capacity will be increased, without additional CO2 emissions. The expansion has taken place on the basis…
Schneider Electric SE (Paris) and Saint-Gobain S.A. (Courbevoie, France) have joined forces to deploy the first-of-its kind software-defined automation system for glass production. Unveiled at Glasstec 2024, the world's leading trade fair for the glass industry, the project addresses the…
Veolia (Paris) and the Kingdom of Morocco signed a MOA for the establishment of a strategic partnership to develop on an exclusive basis a seawater desalination project that will be the largest in Africa and the second largest in the…
Asahi Kasei Corp. (Tokyo) and Honda Motor Co., Ltd. (Honda) announced that the two companies have signed a shareholders' agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture (JV) company. This agreement was reached as…
AM Green has placed India’s largest electrolyzer order with John Cockerill Hydrogen for one of the world’s largest green ammonia projects. AM Green achieved Final Investment Decision (FID) in August 2024 for this first million-ton green ammonia project to be…
Siemens AG (Munich, Germany) has signed an agreement to acquire Altair Engineering Inc. (Troy, Mich.), a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value…
LanzaTech Global, Inc. (Chicago, Ill.) announced plans to develop a commercial-scale Carbon Capture and Utilization (CCU) facility at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028. Eramet Group (Paris,…
Cepsa announced its name change to Moeve, marking a significant milestone in the company’s transformation. This change positions Moeve as a leader in the European energy transition and demonstrates the significant progress achieved under its 2030 Positive Motion strategy, reinforcing…