CHASM Advanced Materials, Inc. announced the signing by Ingevity Corp. (North Charleston, S.C.) of a license agreement for CHASM's patented, low-cost, and highly scalable carbon nanotube (CNT) production technology. The agreement grants Ingevity the rights to manufacture CHASM's NTeC®-E CNT…
Rockwell Automation, Inc. (Milwaukee, Wisc.) announced plans to build a new greenfield manufacturing site in Southeastern Wisconsin. The project marks the next step in the company’s previously announced $2 billion investment in plants, digital infrastructure, and talent to grow share,…
DuPont (Wilmington, Del.) held a groundbreaking ceremony for its new MOLYKOTE® specialty lubricants manufacturing plant in the Zhangjiagang, Jiangsu Province in East China. The event marks a significant step forward in the global capacity expansion, customer responsiveness, and regional innovation…
Akzo Nobel N.V. (Amsterdam) and Axalta Coating Systems Ltd. (Philadelphia, Pa.) have entered into a definitive agreement to combine in an all-stock merger of equals, creating a premier global coatings company with an enterprise value of approximately $25 billion. The…
BASF (Ludwigshafen, Germany; www.basf.com) and ExxonMobil (Houston, Tex.; www.exxonmobil.com) have formed a strategic collaboration to advance methane pyrolysis technology, a next step toward delivering efficient, cost-competitive low-emission hydrogen solutions for industrial use. The companies have signed a joint development agreement…
Sulzer Ltd. (Winterthur, Switzerland) has been selected by Inpasa, a leading bioenergy producer in Latin America, as the primary equipment supplier of process pumps and agitators for its latest phase of industrial expansion in Brazil. Inpasa is building new biofuel…
BASF SE (Ludwigshafen, Germany) signed a multi-year cooperation agreement with Air Liquide Group’s (Air Liquide) subsidiary, Shanghai Chemical Industry Park Industrial Gases Co., Ltd. (SCIPIG), and Shenergy Group’s subsidiary, Shanghai Shenji Energy & Environment Technology Co., Ltd. (Shenji). The collaboration…
Zachry Group (San Antonio, Tex.) has been awarded the Front-End Engineering Design (FEED) scope for the Lake Charles Methanol II Project, a groundbreaking initiative that will establish the world’s largest low-carbon “blue” methanol facility and rank as the fifth-largest methanol…
Parker Hannifin Corp. (Cleveland, Ohio), the global leader in motion and control technologies, announced that it has entered into a definitive agreement to acquire Filtration Group Corp. on a cash-free, debt-free basis for a cash purchase price of $9.25 billion,…
Solvay S.A. (Brussels, Belgium) and Noveon Magnetics announced the execution of a supply agreement for light and heavy rare earth materials. Under the said agreement, Solvay will supply Noveon with rare earth oxides starting in 2026. The partnership is a…