DuPont (Wilmington, Del.) announced that it has entered into a definitive agreement with Advent International, one of the world’s largest private equity firms, to acquire Laird Performance Materials for $2.3 billion, which will be paid from existing cash balances. The…
Neo Performance Materials (Toronto, Ontario, Canada) and Energy Fuels Inc. (Lakewood, Colo.) announced a new rare-earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a…
The Chemours Company (Wilmington, Del.) announced the implementation of an improvement project to significantly reduce emissions of HFC-23 at its Louisville, Kentucky manufacturing site. The project includes the design, custom-build and installation of proprietary technology to capture at least 99%…
Metso Outotec Corp. (Helsinki, Finland) has been awarded a contract for the engineering and delivery two 170 ton/h Bayer process flash evaporation plants to National Aluminium Company’s (NALCO) Damanjodi Alumina Refinery in Odisha, India. The value of the order is approximately…
Dow, Inc. (Midland, Mich.) signed a Memorandum of Understanding (MoU) with the Zhanjiang Economic and Technological Development Zone Administrative Committee (Zhanjiang EDZ) to build the Dow South China Specialties Hub, a multi-year project providing customers local access to Dow’s portfolio…
Casale SA (Lugano, Switzerland) has announced that its technology will be used to boost capacity at one of IFFCO’s (Indian Farmers Fertiliser Cooperative Ltd.) fertilizer complexes. The site in Kandla, Gujarat produces phosphates and nitrogen, phosphorus, and potassium (NPK) fertilizer.…
Corbion (Amsterdam, the Netherlands) is launching a multi-faceted initiative to substantially increase its capacity for producing lactic acid and lactic-acid derivatives ahead of its previously announced major expansion in Thailand scheduled for 2023. The global initiative, involving capital expenditures at four existing Corbion facilities to maximize efficiencies and leverage synergies, is expected to produce a combined additional output roughly equivalent…
North American composites supplier Composites One (Schaumburg, Ill.) has completed its purchase of the Process Materials business from Solvay S.A.’s (Brussels, Belgium) Composites Materials Global Business. The acquisition is a unique opportunity for the company to add international manufacturing and…
Air Liquide S.A. (Paris, France) increased its presence in Kazakhstan through its 75% owned joint venture Air Liquide Munay Tech Gases (ALMTG). The joint venture will invest up to €86 million to acquire hydrogen and nitrogen production units from Atyrau…
Nouryon (Amsterdam, the Netherlands) signed an agreement to divest its Salt Specialties business, including brands such as JOZO, NEZO, Suprasel, Sanal, and KNZ to the Salins Group, an international salt company headquartered in France. The closing of this transaction is…