VARO Energy (Zug, Switzerland) has completed the Preem AB acquisition, marking the successful delivery of VARO Energy’s 2022 ONE VARO Transformation strategy. Following regulatory approvals, the formation of VAROPreem creates a new leading force in energy built on scale, capability…
Merck KGaA, Darmstadt, Germany and ChemLex, a Singapore-headquartered innovation company pioneering AI-driven automated chemical synthesis, announced the signing of a Memorandum of Understanding (MOU) to explore a strategic collaboration in evolving R&D paradigms. The MOU reflects a shared commitment to…
Henkel AG (Düsseldorf, Germany) signed an agreement to acquire Swiss-based ATP Adhesive Systems from Arsenal Capital Partners. ATP Adhesive Systems is a leading expert in high-performance water-based specialty tapes for a wide variety of end-markets, including automotive, electronics, medical, building…
Covestro AG (Leverkusen, Germany) and Rondo Energy, Inc. (Oakland, Calif.) celebrated the groundbreaking for an innovative heat battery at Covestro's Brunsbüttel site. The Rondo Heat Battery charges when there is a surplus of low-price renewable energy in the grid, stores…
A robot named Roberta is now an integral part of operations at the Equinor-operated Northern Lights Carbon Capture and Storage (CCS) facility in Øygarden, on Norway's west coast. The robot equips Equinor's team with autonomous inspection capabilities, allowing for continuous…
The Chemours Co. (Wilmington, Del.) signed a set of definitive agreements to sell the remaining land at its former titanium dioxide manufacturing location in Kuan Yin, Taiwan to an ownership group including Century Wind Power Co., Ltd., Century Iron &…
Solstice Advanced Materials (Morris Plains, N.J.) has significantly strengthened its position in the global-oral care supply chain with the recent completion of a €5.5 million expansion of its stannous fluoride (SnF₂) manufacturing facility in Seelze, Germany. The expansion increases Solstice’s…
Saudi Arabian Mining Company (Maaden) has commissioned Metso Corp. (Espoo, Finland) to supply a gold processing plant for their Ar Rjum mine located in the Makkah Region, approximately 200 km northeast of Ta’if, Ar Rjum in Saudi Arabia. The order…
Kemira Oyj (Helsinki, Finland) and Hazer Group Ltd. (Perth, Australia) have signed a non-binding Memorandum of Understanding (MOU) to evaluate and explore commercial opportunities for deployment of Hazer’s proprietary methane pyrolysis technology. Under the MOU Hazer and Kemira will collaborate…
Wood plc (Aberdeen, U.K.) has secured the engineering, procurement and construction management (EPCM) contract for Niron Magnetics’ Plant 1 in Sartell, Minnesota, the world's first full-scale Iron Nitride permanent magnet facility. This groundbreaking plant will manufacture 1,500 tons of Iron…