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Samsung SDI and General Motors finalize agreement to establish joint battery plant in the U.S.

Samsung SDI (Seoul, South Korea) announced that the company has completed and signed an agreement with General Motors (GM) to establish a joint venture to supply electric vehicle (EV) batteries in the United States. The ceremony was held at Samsung…

Bridgestone, Grupo BB&G and Versalis collaborating on closed-loop tire recycling

Bridgestone EMEA (Bridgestone), Grupo BB&G (BB&G) and Versalis (Eni) announced the signing of an agreement aimed at establishing a closed-loop ecosystem to transform end-of-life tires into new tires. The agreement will bring together the innovation, experience and technological skills of…

Prayon acquires calcium-phosphate manufacturer in the U.S.

Prayon S.A. (Engis, Belgium) has acquired the U.S.-based company Natural Enrichment Industries (NEI), a producer of calcium phosphate salts (TCP).  This strategic move marks a significant milestone in the Group expansion in the US and further solidifies its global position…

Adnoc acquires 35% stake in ExxonMobil’s low-carbon hydrogen project in Baytown

Exxon Mobil Corp. (Houston) announced the signing of an agreement that ADNOC (Abu Dhabi National Oil. Corp.) will acquire a 35% equity stake in ExxonMobil's proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. The agreement represents a significant…

Indorama establishes joint venture to construct PET recycling plants in India

Indorama Ventures Ltd. (IVL; Bangkok, Thailand), through its direct subsidiary - IVL Dhunseri Petrochem Industries Limited - and Dhunseri Ventures Limited have formed a joint venture with Varun Beverages Limited, PepsiCo's second-largest bottling company globally outside the US, to establish…

AGC opens technical center for semiconductor and electronic chemicals in Taiwan

AGC, Inc. (Tokyo) has announced the opening of the AGC Chemicals Technical Center in Hsinchu, Taiwan, in October 2024. This center will provide technical services for chemical products focused on semiconductor and electronic materials. Taiwan plays a crucial role as…

PPG expands coatings production capacities in Malaysia

PPG (Pittsburgh, Pa.)  announced that it has expanded operations in Petaling Jaya, Malaysia to include the production of non-stick coatings for kitchenware, industrial bakeware and low friction applications. The plant now has additional capacity to support growing regional coatings demand…

AtkinsRéalis to design major vaccine manufacturing facility in Canada

AtkinsRéalis Group Inc. (Montreal, Queb., Canada) has won a mandate from Jubilant HollisterStier, a leading global pharmaceutical contract manufacturer, to provide detailed design for the expansion of their sterile injectable facility in Montreal as part of Canada’s Biomanufacturing and Life…

Motiva licenses UOP process technologies for new aromatics complex in Texas

Motiva Enterprises, LLC (Houston) announced that it has advanced its aromatics project by executing a license for Honeywell UOP's aromatics technologies and is now undertaking engineering and design work. The project, planned for construction at Motiva's Manufacturing Complex in Port…

PPG agrees to sell silicas business for $310 million

PPG (Pittsburgh, Pa.) announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA S.A., a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty…