Johnson Matthey Plc (JM; London) announced that it has entered into an agreement for the sale of its Health business to Altaris Capital Partners, a leading healthcare investment firm. JM’s Health business is a global developer and manufacturer of specialist…
Galp (Lisbon, Portugal) and Northvolt (Stockholm, Sweden) have agreed to set up a joint company, Aurora, with the main goal of establishing Europe´s largest and most sustainable integrated lithium conversion plant. The JV will develop a plant set to have…
Arkema S.A. (Colombes, France) has announced the proposed acquisition of Permoseal in South Africa, one of the leaders in adhesive solutions for woodworking, packaging, construction and DIY. Its well-known brands, including Alcolin, and its extensive range of high-performance adhesive solutions…
Entegris, Inc. (Billerica, Mass.) and CMC Materials, Inc. (Aurora, Ill.) announced a definitive merger agreement under which Entegris will acquire CMC Materials in a cash and stock transaction with an enterprise value of approximately $6.5 billion. Under the terms of…
Chevron Phillips Chemical L.P. (CP Chem; The Woodlands, Tex.) announced plans to expand its propylene business with a final investment decision for a new C3 splitter unit. The unit’s location will be in Baytown, Texas, within the company’s Cedar Bayou…
Arkema S.A. (Colombes, France) has announced the project to double its UV curable resins production capacity at its Nansha plant in China. This expansion will support the fast-growing demand in Asia for cutting-edge solutions in electronics, driven by 5G technology,…
Anellotech (Pearl River, N.Y.) has produced 100% bio-based polyethylene terephthalate (PET), starting with bio-based p-Xylene using the company’s Bio-TCat technology through the subsequent downstream separation, purification, intermediate PTA (purified terephthalic acid) and final PET steps. This was the last milestone…
Advent Technologies Holdings, Inc. and BASF New Business GmbH recently signed a Memorandum of Understanding (MoU). The agreement aims to develop and increase the manufacturing scale of advanced fuel cell membranes designed for long-term operations under extreme conditions. BASF intends…
Sika AG (Baar, Switzerland) is opening a new technology center and manufacturing plant for high-quality adhesives and sealants in Pune, a city in the federal state of Maharashtra. Developments at the new R&D laboratories and the production in the new…
BASF SE (Ludwigshafen, Germany) has announced that the implementation of the methylene diphenyl diisocyanate (MDI) capacity increase program for BASF’s Verbund site in Geismar, Louisiana, is progressing on schedule. Over time, BASF plans to double the capacity from 300,000 metric…