Alfa Laval AB (Lund, Sweden) has signed a binding put-option agreement to acquire the Fives Cryogenics business unit, part of Fives Group (Paris, France), for a total fixed purchase price of EUR 800 million on a cash and debt-free basis.…
Aquafil S.p.A. (Arco, Italy) announced that it has launched, in Slovenia, the first demonstration plant for the chemical separation of elastic fiber from nylon, an innovative technology that opens new potential in the textile fiber sector, allowing the company to…
Aramco (Dhahran, Saudi Arabia) and Air Products Qudra (APQ) announced that Aramco has completed the acquisition of a 50% equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG). The agreement brings together experts in their respective fields with…
Thyssenkrupp Uhde GmbH (Dortmund, Germany) announced that BioTfueL technology has been selected for the BioTJet project by Elyse Energy and its partners (Axens, Avril, IFPEN). This project will produce sustainable aviation fuel (SAF) from end-of-life wood waste & local forestry…
Ecovyst Inc. (Malvern, Pa.), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services, announced that it has reached an agreement to acquire the sulfuric acid production assets of Cornerstone…
BASF SE (Ludwigshafen, Germany) announced that its Coatings division has successfully expanded its production capacity for polyester and polyurethane resin at its Caojing plant in Shanghai, China. Originally established in 2015 with an annual capacity of 8,000 metric tons of…
Caremag SAS, a subsidiary of Carester SAS (Lyon, France), has secured €216 million to build its new rare earth recycling and refining industrial facility in Lacq, in the south of France. Expected to begin operations by late 2026, this project…
Mitsubishi Gas Chemical Co. (MGC; Tokyo) announced it has commenced construction of a methanol production demonstration facility within its Mizushima Plant. The facility will utilize diverse gases, including CO2 and industrial by-product gases as raw materials. The construction of the…
Thyssenkrupp Uhde GmbH (Dortmund, Germany) has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) for the construction of a Weak Nitric Acid (WNA - III) Plant in Bharuch, Gujarat, India. The scope of work includes…
Wison Engineering Ltd. (Shanghai, China) announced the signing of a front-end engineering design (FEED) contract for the ITC-WasteFuel Ankara Green Methanol Project in Turkey. The ITC-WasteFuel project plans to utilize biogas generated from the waste treatment facilities of ITC in…