Encina Development Group, LLC (Encina), a manufacturer of ISCC PLUS certified circular chemicals announced the execution of a strategic Collaboration Agreement with BASF SE (Ludwigshafen, Germany) supporting the development of Encina’s planned U.S. Gulf Coast circular chemicals manufacturing facility. The…
UBE MAXELL CO., LTD., a joint venture of UBE Corp. (Tokyo) and Maxell, Ltd. (President: Keiji Nakamura), announced the company has decided to construct a new production facility for lithium-ion battery (LiB) separator base film at its Sakai Works to…
Air Liquide S.A. (Paris) has signed a major long-term contract with SK hynix, a global leader in memory semiconductors. The Group will bring its pioneering solutions to SK hynix’s massive industrial project dedicated to advanced packaging of HBM (High-Bandwidth Memory),…
Elementis plc (London) has completed the sale of its pharmaceutical manufacturing business to Associated British Foods (ABF). Under the terms of the Transaction, the business was sold for an enterprise value of €34.3 million (equivalent to around $39.8 million), with…
Solvay S.A. (Brussels, Belgium) announced it has entered into a Letter of Intent (LOI) with Viridis Mining and Minerals to secure a strategic supply of rare earth materials by 2028, reinforcing the resilience and diversification of critical materials supply chains.…
Nissan Chemical Corp. (Tokyo) has decided to establish a new manufacturing facility for the company's new herbicide Ryzonic® (iptriazopyrid) at its consolidated subsidiary in India, Nissan Bharat Rasayan Pvt. Ltd. (NBR). NBR was established in 2020 as a joint venture…
Hexcel Corp. (Stamford, Conn.) announced the groundbreaking of the Hexcel Applications Center at Wichita State University’s National Institute for Aviation Research (NIAR). The new center marks a significant expansion of Hexcel’s long‑standing collaboration with NIAR and reflects a shared commitment…
International Flavors & Fragrances Inc. (IFF; New York City) announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that…
Toray Industries, Inc. (Tokyo) has decided to divest its equity interest in Soda Aromatic Co., Ltd., by transferring its shares to Samyang Corp. Japan, Inc. Soda Aromatic, which manufactures and sells flavors, fragrances and related products, is currently held 66%…
Rio Tinto plc (London) has successfully started commissioning its US$1.5 billion AP60 smelter expansion at Complexe Arvida in Quebec, marking a major milestone for the deployment of its state-of-the-art, low-carbon aluminum smelting technology. The start-up, which began in March, is…