The International Renewable Energy Agency (IRENA) and the Ministry of Energy, Mines and Environment (MEME) of the Kingdom of Morocco have agreed to strengthen joint collaboration to advance knowledge in renewable energy and to accelerate the energy transition. Specifically, IRENA…
Clariant AG (Muttenz, Switzerland) announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group and SK Capital Partners at an Enterprise Value (EV) of CHF 805 million to CHF 855…
TCL Specialties LLC, a subsidiary of Thirumalai Chemicals Ltd. (Mumbai, India), has started implementation of its project to build a chemical facility in the northeastern United States. In Phase 1 of the project, TCL will manufacture Maleic Anhydride, Malic Acid…
GEA Group AG (Düsseldorf, Germany) will supply Advanced Metallurgical Group (AMG) Lithium GmbH not only with a pre-concentration plant but also with the key crystallization technology for the production of lithium hydroxide, one of the key raw materials for the…
Kuraray Co. (Tokyo) has announced plans to divest operations related to UV-based water treatment and ballast water treatment run by Calgon Carbon Corporation, a wholly owned subsidiary based in the United States. The divested operations will be transferred to De…
Genomatica (San Diego, Calif.) has licensed its GENO BDO biomanufacturing process technology to Cargill, Inc. (Minneapolis, Minn.), which is using it in its newly-announced joint venture with HELM, Qore, to produce renewable 1,4-butanediol (BDO). The technology for the BDO production…
Equinor Energy AS (Stavanger, Norway) has entered into an agreement with the Klesch Group for the sale of its petroleum refining business in Denmark. The agreement covers the Equinor Refining Denmark A/S (ERD) company consisting of the Kalundborg refinery and…
OMV AG (Vienna, Austria) and MOL Group (Budapest, Hungary) announced an agreement for MOL Group to acquire OMV Slovenia. The agreement encompasses 120 filling stations, as well as OMV’s wholesale business in Slovenia. The transaction is subject to required regulatory…
LyondellBasell (Rotterdam, the Netherlands) announced the successful startup of Ulsan PP Co., Ltd.’s polypropylene production facility. The facility, located in the southeastern port city of Ulsan, South Korea, is one of the largest of its kind in Asia, designed to…
Eastman Chemical Co. (Kingsport, Tenn.) announced it has entered into a definitive agreement with an affiliate of One Rock Capital Partners, LLC to sell the rubber additives (including Crystex insoluble sulfur and Santoflex antidegradants) and other product lines and related assets and technology of…