Technip Energies (Paris) has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. (Malvern, Pa.) for a purchase price of US$556 million, representing an EBITDA multiple of ~9.8. This strategic transaction strengthens Technip…
OMP N.V. (Antwerp, Belgium) and Evonik Oxeno announced the successful launch of a significant digital transformation milestone: the move of OMP’s Unison Planning to the cloud across Evonik Oxeno’s production sites in Marl and Antwerp. With this project going live,…
International Flavors & Fragrances Inc. (IFF; New York City) inaugurated its expanded LMR Naturals site in Grasse following a €10 million investment. The expansion increases the facility’s footprint by 75 percent to 4,687 square meters and includes a state-of-the-art pilot…
The Global Impact Coalition (GIC) announced the launch of a dedicated spin-off structure to advance its Sustainable Olefins project. Starting with a feasibility study, this marks the first step toward exploring a new methanol-based route to electro-Sustainable Aviation Fuel (e-SAF) and…
Emvolon Inc. (Woburn, Mass.) and Freepoint Commodities LLC (Stamford, Conn.), a leading global commodities merchant, announced their intention to enter into a long-term a strategic collaboration to accelerate the production and distribution of renewable methanol. By combining Emvolon’s proprietary technology…
Lubricants and specialty blending company America Clean Fuel Corp. (ACFC; Houston) announced that its state-of-the-art blending facility in New Caney, Texas, will officially come online in one month. With a capacity of 1,000 barrels per day, the plant is purpose-built…
Saint-Gobain S.A. (Courbevoie, France) is reorganizing its construction chemicals footprint in Germany in order to accelerate growth and synergies: • Transfer of Saint-Gobain Weber GmbH dry mortars to the long-existing joint venture “Franken Maxit Mauermörtel GmbH & Co. KG” (Franken…
The chlor-alkali process is a cornerstone of the chemical industry, but it presents significant challenges for instrumentation due to the highly corrosive and aggressive nature of its process and end products. Selecting the right flow measurement technology is critical for…
Symrise AG (Holzminden, Germany) announced the opening of a new production unit at its facility in Granada, Spain. The plant is dedicated to Hydrolite 5 green, the high-quality, biobased pentylene glycol from its Cosmetic Ingredients division. Symrise is providing European…
Lanxess AG (Cologne, Germany) is expanding production capabilities with the addition of rubber processing promoters at its Bushy Park facility in Goose Creek, South Carolina. The expansion project, currently underway, aims to meet increasing demand and improve supply reliability, with…