Kemira Oyj (Helsinki, Finland) is expanding its offering into industrial water treatment services and has signed a purchase agreement to acquire Water Engineering, Inc., a company specialized in water treatment services with headquarters in Nebraska, USA, from Nolan Capital, Inc.…
Solvay S.A. (Brussels, Belgium) opened a significant expansion at its Zhenjiang, China, facility, doubling its annual production capacity for electronic grade hydrogen peroxide (H2O2). This investment underscores Solvay's commitment to supporting the semiconductor industry, which relies on this ultra-pure chemical…
Learn how to remove uncertainties in facility siting studies by addressing key factors, such as blast overpressure and protection, managing risks and incorporating blast-resistant control rooms The U.S. petroleum refining industry in 2024 comprised over 130 operational refineries, managed primarily…
On September 8th, ExxonMobil Corp. (Houston) entered into an agreement to acquire the technology and U.S.-based assets of Superior Graphite, along with select international offices. Superior Graphite is a leader in the graphite industry with more than 100 years of…
Baker Hughes, Inc. (Houston) announced a plan to invest approximately €300 million in its existing facilities and plants in Italy over the next five years. The investment aims to meet the growing demand for Baker Hughes’ technology solutions that enable…
Clariant AG (Muttenz, Switzerland) announced a supply agreement with SYPOX to manufacture and deliver catalysts for what will be the world’s largest electric steam methane reformer (e-SMR). This groundbreaking project combines SYPOX’s cutting-edge electrical reformer technology with Clariant’s expertise to…
Metso Corp. (Espoo, Finland) has inaugurated its Circored pre-reduction pilot plant in Frankfurt, Germany. The investment reflects Metso’s commitment to advancing low-carbon technologies and supporting the global transition to fossil-free steelmaking. The Circored pilot plant, which is based on Metso’s…
BASF SE (Ludwigshafen, Germany), AkzoNobel N.V. (Amsterdam, the Netherlands) and Arkema S.A. (Colombes, France) have announced a new partnership designed to drive lower carbon emissions in the paint and coatings industry. As a result of the ongoing value-chain partnership with…
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,…