Saint-Gobain S.A. (Courbevoie, France) has signed a binding agreement for the sale of COVIPOR, its glass processing business in Portugal, to PNI Portugal & Permanente SA. COVIPOR generated sales of around €20 million in 2022, with two industrial locations in…
Technip Energies (Paris) announces the acquisition of Processium, an expert company in process development, equipped with laboratory and piloting facilities located in Lyon, France. Processium is an industrial development partner designing and developing next-generation processes to support the energy transition…
Albemarle Lithium Pty Ltd has awarded Metso Corp. (Helsinki, Finland) an order for ancillary equipment for their calcining and acid roasting facilities at the Kemerton Lithium Hydroxide Processing Plant in Western Australia. This contract is an addendum to the two…
Evonik Industries AG (Essen, Germany) announced that its chemical site in Lülsdorf near Cologne now officially belongs to the International Chemical Investors Group (ICIG). The sale of the site, which was announced at the beginning of April, was completed June…
Borealis Group (Vienna, Austria) has signed an agreement to acquire Rialti S.p.A., an Italian polypropylene compounder and recycler. Closing of this transaction is subject to customary regulatory approvals. Based in the area of Varese, Italy, Rialti is one of the…
Bunge Ltd. and Chevron’s Renewable Energy Group Inc., a subsidiary of Chevron Corp., acquired Chacraservicios S.r.l., based in Argentina, from the Italian-based Adamant Group. This latest investment in novel seeds adds a new oil source in Bunge and Chevron’s global…
LyondellBasell (Rotterdam, the Netherlands) has completed the acquisition of Mepol Group, a manufacturer of recycled, high-performing technical compounds located in Italy and Poland. Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o, will be subsidiaries in…
TotalEnergies SE (Paris) and INEOS Ltd. (London) have signed agreements to realign their respective stakes in their production assets and logistics infrastructure to better reflect the balance between their production and internal use of ethylene in eastern France. For TotalEnergies,…
Corbion (Amsterdam, the Netherlands) has announced that a new production line at the existing site in Spain will triple the company's capacity for producing acid powder ingredients and support the creation and growth of next-generation confectionery and other food products…
Evonik Industries AG (Essen, Germany) has acquired Novachem, an Argentinian sustainable cosmetic actives innovator. Novachem offers a strong, innovative portfolio of biotechnological, natural and sustainable cosmetic active ingredients with scientifically proven claims that will boost Evonik’s portfolio of System Solutions.…