Petronas Chemicals Group Berhad (PCG; Kuala Lumpur, Malaysia; www.petronaschemicals.com.my/) and Accsys Technologies PLC’s (London, U.K.; www.accsysplc.com) subsidiary Tricoya Technologies Ltd. (TTL) announced plans to evaluate the feasibility of jointly funding, designing, building and operating an integrated acetic anhydride and Tricoya…
Saint-Gobain (Paris, France; www.saint-gobain.com) moved another step forward in an exclusive agreement with private equity firm OpenGate Capital after having received a purchase offer to acquire Saint-Gobain’s silicon carbide division. Saint-Gobain produces silicon carbide grains and powder with annual sales…
Carbon Engineering Ltd. (CE; Squamish, B.C., Canada; http://carbonengineering.com/) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corp.(Houston; www.oxy.com); and Chevron Technology Ventures (CTV), the venture capital arm of…
Velo3D (Campbell, Calif.; www.velo3d.com) announced a partnership with Praxair Surface Technologies, Inc. (PST), a leading producer of premium specialty alloy-based solutions for the aerospace industry and other key markets. Under the partnership, Velo3D will develop process parameters for new alloys…
Sulzer Chemtech (Winterthur, Switzerland; www.sulzer.com) was appointed by ArcelorMittal to provide distillation equipment to its steel production plant in Gent, Belgium. This will help in converting waste gases from the steel manufacturing process into approximately 80 million liters of bioethanol…
W. R. Grace & Co. (Columbia, Md.; www.grace.com) has contracted to license its UNIPOL PP Process Technology to Hanwha Total Petrochemical Co., Ltd. for a new polypropylene (PP) production facility in Daesan, South Korea. With a capacity of 400,000 metric…
Loop Industries, Inc. (Montreal, Quebec, Canada; www.loopindustries.com), a technology innovator in sustainably produced plastic, and thyssenkrupp Industrial Solutions (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) division, Uhde Inventa-Fischer GmbH, a global polyester technology provider and polyester plant engineering firm, announced a strategic alliance expected to…
Atlas Copco AB (Stockholm, Sweden; www.atlascopcogroup.com) has acquired Industrie Pumpen Vertriebs GmbH (IPV). The company is a distributor of industrial pumps for the Varisco brand. IPV is based in Dresden, Germany. The company had revenues of approximately €5 million in…
Silicon Valley-based Xage Security announced an investment from Saudi Aramco Energy Ventures (Dhahran, Saudi Arabia; www.saev.com), a subsidiary of integrated energy and chemicals company Saudi Aramco. Xage also welcomes Norman Thorlakson to its leadership team as SVP of Sales and…
Tata Chemicals Ltd. (TCL; Mumbai, India; www.tatachemicals.com) signed a memorandum of understanding (MoU) with C-MET, an autonomous scientific society under the Ministry of Electronics & Information Technology (MeitY) of the Government of India to develop collaborative technology for the recovery…