Clariant AG (Muttenz, Switzerland) announced a supply agreement with SYPOX to manufacture and deliver catalysts for what will be the world’s largest electric steam methane reformer (e-SMR). This groundbreaking project combines SYPOX’s cutting-edge electrical reformer technology with Clariant’s expertise to…
Metso Corp. (Espoo, Finland) has inaugurated its Circored pre-reduction pilot plant in Frankfurt, Germany. The investment reflects Metso’s commitment to advancing low-carbon technologies and supporting the global transition to fossil-free steelmaking. The Circored pilot plant, which is based on Metso’s…
BASF SE (Ludwigshafen, Germany), AkzoNobel N.V. (Amsterdam, the Netherlands) and Arkema S.A. (Colombes, France) have announced a new partnership designed to drive lower carbon emissions in the paint and coatings industry. As a result of the ongoing value-chain partnership with…
Technip Energies (Paris) has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. (Malvern, Pa.) for a purchase price of US$556 million, representing an EBITDA multiple of ~9.8. This strategic transaction strengthens Technip…
OMP N.V. (Antwerp, Belgium) and Evonik Oxeno announced the successful launch of a significant digital transformation milestone: the move of OMP’s Unison Planning to the cloud across Evonik Oxeno’s production sites in Marl and Antwerp. With this project going live,…
International Flavors & Fragrances Inc. (IFF; New York City) inaugurated its expanded LMR Naturals site in Grasse following a €10 million investment. The expansion increases the facility’s footprint by 75 percent to 4,687 square meters and includes a state-of-the-art pilot…
The Global Impact Coalition (GIC) announced the launch of a dedicated spin-off structure to advance its Sustainable Olefins project. Starting with a feasibility study, this marks the first step toward exploring a new methanol-based route to electro-Sustainable Aviation Fuel (e-SAF) and…
Emvolon Inc. (Woburn, Mass.) and Freepoint Commodities LLC (Stamford, Conn.), a leading global commodities merchant, announced their intention to enter into a long-term a strategic collaboration to accelerate the production and distribution of renewable methanol. By combining Emvolon’s proprietary technology…
Lubricants and specialty blending company America Clean Fuel Corp. (ACFC; Houston) announced that its state-of-the-art blending facility in New Caney, Texas, will officially come online in one month. With a capacity of 1,000 barrels per day, the plant is purpose-built…
Saint-Gobain S.A. (Courbevoie, France) is reorganizing its construction chemicals footprint in Germany in order to accelerate growth and synergies: • Transfer of Saint-Gobain Weber GmbH dry mortars to the long-existing joint venture “Franken Maxit Mauermörtel GmbH & Co. KG” (Franken…