Umicore N.V. (Brussels, Belgium; www.umicore.com) and LG Chem have concluded a multi-year strategic supply agreement for NMC (Nickel Manganese Cobalt) cathode materials to serve LG Chem’s needs out of Umicore plants in Poland, Korea and China. The supply agreement takes…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced the startup of its fifth production line at its Knapsack, Germany site, making Knapsack the world’s largest polypropylene (PP) compounding facility. The new total annual production capacity for the site is more than 200,000…
Valmet Oyj (Espoo, Finland; www.valmet.com) has invested in a new pilot facility at its Fiber Technology Center in Sundsvall, Sweden to strengthen the company’s research and development capabilities related to bioenergy, biofuels and biochemicals. The new pilot facility will start…
TechnipFMC (Houston; www.technipfmc.com) and BTG-BTL (Twente, the Netherlands) will design and build a production facility in Sweden where wood residues will be converted into bio-oil. It will be the first plant in the world where ‘green fuel’ will be produced…
Nouryon (Amsterdam, the Netherlands; www.nouryon.com) has joined forces with water treatment company Van Remmen UV Technology on a novel method to address the growing concern of pharmaceutical micropollutants in waste water. The process, which combines the Advanox ultraviolet (UV) treatment…
Evonik Industries AG (Essen, Germany; www.evonik.com) has officially begun construction on its largest investment to date in Germany. Armin Laschet, the minister president of the federal state of North Rhine-Westphalia, and Christian Kullmann, the chairman of the executive board of…
Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) has entered into a definitive agreement to acquire Capital Paints LLC, a U.A.E.-based thermosetting powder coatings manufacturer specializing in architectural powder coatings. The transaction is subject to required regulatory approvals and other customary closing…
At its site in Brilon, Germany, Bond-Laminates GmbH – a wholly owned subsidiary of specialty chemicals company Lanxess AG (Cologne, Germany; www.lanxess.com) – has commissioned two new production lines for Tepex continuous-fiber-reinforced thermoplastic composites. “We have increased our capacity for…
ArcelorMittal (Luxembourg; www.arcelormittal.com) has signed a memorandum of understanding with international energy firm Equinor ASA (Stavanger, Norway; www.equinor.com) to develop value chains in carbon capture and storage. Equinor is a partner in the Northern Lights project, together with partners Shell…
Siemens AG (Munich, Germany; www.siemens.com) is planning to acquire Process Systems Enterprise Ltd. (PSE; London; www.psenterprise.com), a technology- leading global supplier of software and services for advanced process modelling. Advanced models are used within digital R&D, design and operations in…