Mkango Resources Ltd. (Vancouver, B.C., Canada) has signed an asset purchase agreement with Heraeus Amloy Technologies GmbH, to acquire its Remloy rare earth magnet recycling business for €8 million (US$9.4 million) in cash, of which €5 million (US$5.6 million) is…
Tokuyama Corp. has announced plans to construct a second plant for high-purity isopropyl alcohol for electronic manufacturing (high-purity IPA) at Formosa Tokuyama Advanced Chemicals Co., Ltd. (FTAC; Kaohsiung City, Taiwan), a jointly held venture comprising Tokuyama Corp. 50% shareholding and…
Kemira Oyj (Helsinki, Finland) and CuspAI announced that they have used generative AI to design new materials targeting the removal of PFAS, so-called "forever chemicals," from drinking and process water at trace concentrations, using chemistry that is stable, sustainable, and…
Feon Energy, Inc. (Woburn, Mass.), a developer of liquid electrolytes for lithium batteries, announced the signing of a Memorandum of Understanding (MOU) with Orbia Fluor & Energy Materials USA, Inc. (Waltham, Mass.), a manufacturer of battery electrolytes. This strategic collaboration…
Aster Chemicals and Energy Pte. Ltd. (Singapore) has taken Final Investment Decision to proceed with the $80 million project to expand ethylene (C2) export capacity at its Ethylene Cracker Complex in Singapore. Contracts for engineering and construction work have been…
Aramco (Dhahran, Saudi Arbia) , in partnership with Pasqal, a global leader in neutral-atom quantum computing, officially inaugurated the Kingdom of Saudi Arabia’s first quantum computer. Aramco and Pasqal also unveiled the first commercial Quantum Computing as a Service (QCaaS)…
BASF SE (Ludwigshafen, Germany) and PQ (Malvern, Pa.) have signed an agreement for the sale of BASF’s silicates business, including assets at the Düsseldorf/Holthausen site to PQ. Subject to customary closing conditions such as regulatory approvals, the transaction is expected…
Sika AG (Baar, Switzerland) has opened a new, modern production facility for mortar products in Bridgeton, New Jersey, the largest in the United States. This highly automated site allows Sika to significantly expand its manufacturing capacities in the northeastern part…
Eneos Corp. (Tokyo) announced that it has entered into Share Purchase Agreements (SPAs) with various indirect subsidiaries of Chevron Corp. (Houston, Tex.) to acquire 100% of Chevron’s downstream fuels and lubricants marketing businesses in Singapore, Malaysia, the Philippines, Australia, Vietnam…
KBR, Inc. (Houston) announced the start of green-ammonia production at JGC Holdings Corp.'s (Yokohama, Japan) plant utilizing KBR’s K-GreeN® technology, marking a significant milestone in the success of Japan’s journey towards a clean energy future. The plant, sponsored by New…