Niron Magnetics (Minneapolis, Minn.) has broken ground on a new state-of-the-art 1,500-ton-per-year permanent magnet manufacturing facility in Sartell, Minnesota. After nearly a decade of research and development in partnership with the U.S. Department of Energy and the University of Minnesota,…
TotalEnergies (Paris) and Cognite, a leader in industrial AI, announced an agreement will scale the deployment - over a period of three years - of the Cognite industrial data and AI platform, across all TotalEnergies' operated upstream assets worldwide, covering…
Berkshire Hathaway Inc. (Omaha, Neb.) and Occidental Petroleum Corp. (Houston) announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for $9.7 billion, subject to customary purchase price adjustments. OxyChem is a global…
In the frame of two new long-term contracts, Air Liquide S.A. (Paris) will build, own and operate two new state-of-the-art industrial gas facilities to support the expansion of a leading semiconductor manufacturer in Singapore, for a total investment of €130…
DuPont (Wilmington, Del.) has signed an agreement to acquire Sinochem (Ningbo) RO Memtech Co., Ltd. (“Sinochem (Ningbo) Memtech”) to expand its reverse osmosis (RO) manufacturing footprint into China and the Asia Pacific region. With advanced membrane and fabrication production technologies,…
LG Chem Ltd. (Seoul, South Korea) announced that it has completed the development of a liquid photo-imageable dielectric (PID), a key material for advanced semiconductor packaging, and is now gearing up to actively address the demand in AI and other…
Hazer Group Ltd. (Perth, Australia) has entered into a collaboration arrangement with Veolia S.A. (Paris) to explore the deployment of the Hazer process and its co-products across a range of applications including water treatment, waste and energy management. This collaboration…
Sika AG (Baar, Switzerland) has acquired Marlon Tørmørtel A/S, a mortar manufacturer in Denmark. The company is renowned for its strong product portfolio and its excellent customer service. The acquisition creates a growth platform for Sika in the Nordics, providing…
BASF SE (Ludwigshafen, Germany) and Louis Dreyfus Company B.V. (LDC; Rotterdam, the Netherlands) announced the successful completion of the sale of BASF’s Food and Health Performance Ingredients Business, previously part of BASF’s Nutrition & Health division, to Louis Dreyfus Company…
Arkema S.A. (Colombes, France) officially launched its Battery Dry Coating Laboratory, located at the Cerdato Research Center in Normandy, France, together with its valued customers and partners. This state-of-the-art facility complements Arkema’s global network of R&D labs dedicated to the…