Borouge Plc announced a series of significant, strategic asset expansion projects to accelerate its growth, contributing annually between $165 million and $200 million in EBITDA. The company has awarded two major contracts aimed at boosting the nameplate capacity of its…
Merck KGaA, Darmstadt, Germany and SpringWorks Therapeutics, Inc. (Stamford, Conn.), a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, announced the companies have entered into a definitive agreement for Merck KGaA to acquire SpringWorks Therapeutics. The purchase price…
Asahi Kasei Corp. (Tokyo) has started a joint demonstration with Nobian, Furuya Metal, and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda. Through…
Lummus Technology (Houston) and Neste Corp. (Espoo, Finland) announced the companies have signed an agreement in which Lummus Technology will acquire the intellectual property and certain assets of NAPCON, Neste’s proprietary digital technology solutions provider. The agreement also includes the…
Evogene Ltd. a leading computational biology company, announced the signing of a definitive agreement under which ICL Ltd. (Tel Aviv, Israel) will acquire the majority of activity of Evogene's subsidiary, Lavie Bio Ltd. As part of the agreement, ICL will…
Clariant AG (Muttenz, Switzerland) announced that it has renewed its successful partnership with Midrex Technologies, Inc. and will intensify collaboration in direct reduced iron (DRI) technology for steel production. A low-carbon alternative to conventional coal-based ironmaking, natural gas-based DRI converts…
BASF SE (Ludwigshafen, Germany) has divested its shares in the joint venture (JV) companies, BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China, to Verde Chemical Singapore Pte. Ltd. Following approval by…
According to reports from the Singapore Economic Development Board (EDB), Milliken & Company (Spartanburg, S.C.) announced the opening of its new manufacturing facility in Singapore. This strategic capacity expansion is Milliken’s first chemical plant in Asia and grows the company’s…
CleanTech Lithium, a sustainable lithium developer in Chile, is collaborating with DuPont Water Solutions, a business unit of DuPont (Wilmington, Del.), to test lithium processing technology. DuPont has developed a new nanofiltration (NF) membrane technology for high lithium recovery. This…
Bayer AG (Leverkusen, Germany) announced the grand opening of its new 70,000 square foot expansion at its Myerstown, Pennsylvania, facility, following a $44 million investment in 2022. This state-of-the-art facility is a testament to Bayer’s commitment to providing self-care solutions…