Evonik Industries AG (Essen, Germany) announced that Evonik China Co. and Shandong Vland Biotech Co. agreed to build a joint venture (JV) to expand their presence in gut health solutions products for farm animals globally. Evonik will be the majority…
Clariant AG (Muttenz, Switzerland) has announced the official opening of its production facility for halogen-free flame retardants in Daya Bay, Huizhou, China. The CHF 60 million investment into the plant’s first production line will provide local customers with access to…
Lummus Technology (Houston) has announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus' Novolen technology for a…
BASF SE (Lugwigshafen, Germany) and Ningbo Refining and Chemical Co. Ltd (NZRCC) have signed a technology license agreement to produce isononyl alcohol (INA) utilizing BASF's proprietary oxo-technology. NZRCC is a joint venture between the City of Ningbo and Zhenhai Refining…
Thermo Fisher Scientific Inc. (Waltham, Mass.) has expanded its manufacturing capacity in St. Louis to support biologic therapies for diseases ranging from cancers to auto immune conditions to rare genetic disorders. Thermo Fisher made a significant investment since 2021 to…
BASF SE (Ludwigshafen, Germany) is investing in the production of emollient specialties at its Düsseldorf site targeted for skin and sun protection products. A new reactor and upgrade of the distillation units enable an expansion of production capacity to meet…
Evonik Industries AG (Essen, Germany) will further expand capacity for production of its SEPURAN® hollow fiber membranes in Schörfling and Lenzing, Austria. The specialty chemicals company already put into operation a new hollow fiber spinning facility in Schörfling at the…
TotalEnergies SE (Paris) and Borealis AG (Vienna, Austria) announced the startup of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar polyethylene (PE) unit, which more than doubles the current production capacity at Baystar’s site in Bayport, Texas. The new…
TotalEnergies EP Canada Ltd. has finalized the sale to ConocoPhillips of its 50% interest in the Surmont oil sands asset and associated midstream commitments. The transaction, for a base amount of C$4.03 billion (about US$3.0 billion) plus up to C$440…
Metso Corp. (Espoo, Finland) has signed an agreement to acquire Tedd Engineering, a privately owned company specialized in automation, control systems, and electrical solutions for mobile equipment and aftermarket, primarily focusing on the aggregates business. Tedd Engineering employs approximately 70…