Flocean AS (Oslo, Norway) has been selected as a winner of the World Economic Forum’s (WEF) prestigious Water Resilience Challenge. Amidst a record number of applications, Flocean was selected by UpLink, the global change platform of WEF that seeks to…
Lummus Technology (Houston) announced a strategic investment in InnoVent Renewables to accelerate deployment of its proprietary tire recycling technology. “Investing in InnoVent reinforces our commitment to advancing sustainable, circular technologies that solve real environmental challenges,” said Leon de Bruyn, President…
Zeeco, Inc. (Tulsa, Okla.) announced the acquisition of Devco Process Heaters, a Tulsa-based fired-heater design and technology company. The move strengthens Zeeco's position in the United States midstream oil and gas market. Through its newly expanded capabilities, Zeeco will be…
Borealis Group (Vienna, Austria) announces a €49 million strategic investment to scale up production of Borstar® Nextension polypropylene (PP) at its manufacturing site in Burghausen, Germany. This will expand commercial production of next-generation single-site polypropylene (ssPP) grades that deliver enhanced…
VARO Energy (Zug, Switzerland) has completed the Preem AB acquisition, marking the successful delivery of VARO Energy’s 2022 ONE VARO Transformation strategy. Following regulatory approvals, the formation of VAROPreem creates a new leading force in energy built on scale, capability…
Merck KGaA, Darmstadt, Germany and ChemLex, a Singapore-headquartered innovation company pioneering AI-driven automated chemical synthesis, announced the signing of a Memorandum of Understanding (MOU) to explore a strategic collaboration in evolving R&D paradigms. The MOU reflects a shared commitment to…
Henkel AG (Düsseldorf, Germany) signed an agreement to acquire Swiss-based ATP Adhesive Systems from Arsenal Capital Partners. ATP Adhesive Systems is a leading expert in high-performance water-based specialty tapes for a wide variety of end-markets, including automotive, electronics, medical, building…
Covestro AG (Leverkusen, Germany) and Rondo Energy, Inc. (Oakland, Calif.) celebrated the groundbreaking for an innovative heat battery at Covestro's Brunsbüttel site. The Rondo Heat Battery charges when there is a surplus of low-price renewable energy in the grid, stores…
A robot named Roberta is now an integral part of operations at the Equinor-operated Northern Lights Carbon Capture and Storage (CCS) facility in Øygarden, on Norway's west coast. The robot equips Equinor's team with autonomous inspection capabilities, allowing for continuous…
The Chemours Co. (Wilmington, Del.) signed a set of definitive agreements to sell the remaining land at its former titanium dioxide manufacturing location in Kuan Yin, Taiwan to an ownership group including Century Wind Power Co., Ltd., Century Iron &…