Metso Corp. (Espoo, Finland) has signed an agreement to sell its Ferrous business to SMS group (Düsseldorf, Germany), a global company providing technology and services in plant construction and mechanical engineering for the metals industry. The businesses to be divested…
ExxonMobil France Holding has entered into exclusive negotiations with North Atlantic France SAS for both the proposed sale of its 82.89% majority shareholder interest in Esso Société Anonyme Française SA (Esso S.A.F.), as well as the proposed sale of ExxonMobil…
BASF SE (Ludwigshafen, Germany) and DOMO Chemicals (Leuna, Germany) have signed an agreement giving BASF the right to take over DOMO Chemicals’ 49% share of the Alsachimie joint venture, in which BASF currently holds 51%. According to applicable laws, the…
Saint-Gobain S.A. (Courbevoie, France) has announced the launch of a new low-carbon stone-wool insulation plant in the U.K., which will be located on a site owned by the Group in Melton Mowbray, Leicestershire, and is expected to begin production in…
Airex Energy (Bécancour, Quebec, Canada), Groupe Rémabec, a Quebec-based forestry company and SUEZ Group (Paris) inaugurated Carbonity, Canada's first industrial-scale biochar plant, in Port-Cartier. Resulting from a partnership between the three companies, the plant will start with a production capacity…
Borealis Group (Vienna, Austria) and Borouge Plc have announced a significant expansion of their global capacity for cross-linked polyethylene (XLPE) and semiconductive (semicon) compounds—supporting customers to deliver the power cables essential to distribution and transmission grids. By the end of…
Wood plc (Aberdeen, U.K.) has secured a contract from TA’ZIZ to provide project management consultancy (PMC) for the development of the U.A.E.’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. Construction will be completed by 2028 and…
Elementis plc (London) has simultaneously signed and completed the sale of its Talc business to IMI Fabi S.p.A, a global talc manufacturer, for an enterprise value of $121 million, with net cash proceeds after transaction costs in the region of…
Borealis Group (Vienna, Austria) announced that its facility in Burghausen, Germany is significantly expanding production capacity for an innovative polymer-foam solution called Daploy High Melt Strength polypropylene (HMS PP). This investment—totaling over EUR 100 million—addresses growing global demand for recyclable,…
Syensqo S.A. (Brussels, Belgium) announced the completion of a significant compounding capacity expansion at its Changshu plant. This strategic initiative includes compounding lines for several products, such as Amodel® PPA, Ryton® PPS, Kalix® HPPA, Omnix® HPPA, and Ixef® PARA, which are widely used in…