Vertex Energy, Inc. (Houston), a leading specialty refiner and marketer of high-quality refined products, announced that it has entered into a definitive agreement to acquire the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil…
Vertellus (Indianapolis, Ind.) has signed a definitive agreement to acquire ESIM Chemicals’ intermediates and specialties division, IM Chemicals, a leading provider of specialty chemical products serving the pharmaceutical, coatings, and fuel & lubricant markets. The transaction is subject to customary…
Alfa Laval AB (Lund, Sweden) has won a SEK 415 million (around $50 million) order to supply processing systems and equipment for feedstock pretreatment to a U.S. refinery that is switching from traditional petroleum refining to renewable biofuel production. The…
NatureWorks LLC (Minnetonka, Minn.) announced the completion of key milestones in their global manufacturing expansion plan for a new fully integrated Ingeo polylactic acid (PLA) production facility that is anticipated to open in Thailand by 2024, subject to shareholder approval.…
Air Liquide (Paris, France) and PAO Severstal, one of the leading steel producers, have signed a new long-term contract for the supply of oxygen to the Severstal CherMK site in Russia. Air Liquide will invest around €60 million in the…
Nano One Materials Corp. (Vancouver, B.C., Canada) and Johnson Matthey plc (JM; London) announced a joint development agreement. Under this agreement the companies will co-develop next generation products and processes for Johnson Matthey’s eLNO family of nickel-rich advanced cathode materials using…
The Chemours Company (Wilmington, Del.) has announces a series of leadership transitions effective July 1, 2021. Mark Newman, the company’s current Chief Operating Officer, will become President and Chief Executive Officer of Chemours, succeeding Mark Vergnano, who has served as…
SK Inc. (Seoul, South Korea) announced that it is the lead investor in the latest round of funding for Monolith Materials (Lincoln, Neb.), a U.S.-based leader in green hydrogen technologies. The investment will support expansion of Monolith’s green hydrogen production…
Worley (North Sydney, Australia) has been awarded an early engineering services contract by Shell (The Hague, the Netherlands) to support the development of a new 200-megawatt electrolysis-based hydrogen plant. Once complete, the project will be one of the largest commercial…
Perstorp AB (Malmö, Sweden) will substantially expand its production capacity of 2-Ethylhexanoic Acid (2-EHA) beginning in 2022, to meet increasing market needs. The investment and expansion are within the framework of Perstorp’s existing production plants and implementation has already started.…