Renewable materials company Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) and specialty chemicals company Rennovia, Inc. (Santa Clara, Calif.; www.rennovia.com) have announced a joint development and license agreement to cooperate on bio-based chemicals development. Under the terms of the…
GE Power (Schenectady, N.Y.; www.gepower.com) announced that it has signed a purchase agreement to acquire the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $250 million. The Doosan Engineering & Construction HRSG acquisition will help GE…
Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) announced that it is discontinuing production of its hexabromocyclododecane (HBCD)-based flame retardants so that it can focus on supplying GreenCrest polymeric fire safety solutions, a sustainable alternative to HBCD. GreenCrest, which is based on…
Biotechnology company Aemetis, Inc. (Cupertino, Calif.; www.aemetis.com) and Edeniq, a leading cellulosic ethanol technology company, announced that they have entered into a definitive agreement under which Aemetis will acquire all of Edeniq’s outstanding shares in a stock plus cash merger…
INEOS (Rolle, Switzerland; www.ineos.com) has reached an agreement in principle, to sell Ineos Styrenics, its Expandable Polystyrene Business (EPS), to Synthos S.A. for €80m. Ineos Styrenics produces expandable polystyrene (EPS) for the building, construction and packaging industries at manufacturing sites…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) and FuelCell Energy, Inc. announced an agreement to pursue novel technology in power-plant carbon dioxide capture through a new application of carbonate fuel cells, which could substantially reduce costs and lead to a more economical…
The Supervisory Board of Evonik Industries AG (Essen, Germany; www.evonik.com) appointed Christian Kullmann as deputy chairman of the executive board with immediate effect. Kullmann has been on the Executive Board since July 2014 and has the role of Chief Strategic…
Hexcel Corp. (Stamford, Conn.; www.hexcel.com) recently broke ground on a new $20-million engineered core facility at the MidParc Free Trade Zone Industrial Park in Casablanca, Morocco. Presiding over the groundbreaking ceremony were Hexcel vice president and general manager, Thierry Merlot,…
MilliporeSigma (Billerica, Mass.; www.emdgroup.com) announced the expansion of its state-of-the-art single-use current good manufacturing process (cGMP) facility with the addition of the Mobius 2000-L single-use bioreactor. With the new upstream suite at its Biodevelopment Center in France, MilliporeSigma can offer full…
The Linde Group (Munich, Germany; www.linde.com) announced the signing of an agreement between Linde and alternative energy company Renergen for the development of the Free State Helium and Natural Gas (NG) field near Welkom in South Africa, expected to commence…