Thermo Fisher Scientific Inc. (Waltham, Mass.) announced that it has completed its acquisition of Olink Holding AB (Uppsala, Sweden), a leading provider of next-generation proteomics solutions. The transaction values Olink at approximately $3.1 billion, net of $96 million of acquired…
Elementis plc (London) has announced a significant development to the coatings industry with the expansion of its NiSAT (Non-Ionic Synthetic Associative Thickeners) technology production in China. This strategic initiative is set to deliver performance and eco-friendly features to the Chinese…
Evonik Industries AG (Essen, Germany) has announced the expansion of its sodium methylate production capacity at its Rosario plant, located in the Sante Fé Province in Argentina. With this expansion, the company strengthens its position as a leader in the…
Honeywell (Charlotte, N.C.) and Air Products (Lehigh Valley, Pa.) jointly announced that Honeywell has agreed to acquire Air Products’ liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in an all-cash transaction. This represents approximately 13x estimated…
ENTEK (Lebanon, Ore.), a U.S.-based producer of ‘wet-process’ lithium-ion battery separator materials, announced that it has received a conditional commitment of up to $1.2 billion for a direct loan to ENTEK Lithium Separators LLC (ENTEK) from the U.S. Department of…
KBR, Inc. (Houston) is pleased to launch KCOTKlean, a suite of low and zero-carbon technologies aimed at decarbonizing the catalytic olefins process. This technology integrates KBR’s Catalytic Olefins technology, K-COT, with Korea Institute of Machinery and Materials’ (KIMM) CPOx technology. …
Kemira Oyj (Helsinki, Finland) has announced an investment in expanding its ferric chloride capacity in Tarragona, Spain, to enable production of specific biogas products BDP (Biogas Digestion Product). This investment will enable Kemira to respond to the growing market demand…
TotalEnergies S.A. (Paris) announced the acquisition of Tecoil, a Finnish company specialized in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market today. Tecoil currently operates a production facility of…
AkzoNobel N.V. (Amsterdam, the Netherlands) announced that a newly updated and automated production line is up and running at the company's Suzhou site in China, part of a €14-million investment designed to accelerate growth and double the plant’s capacity for…
Eramet Group (Paris, France) has inaugurated its direct lithium extraction (DLE) plant in Argentina, becoming what is said to be the first European company to produce battery-grade lithium carbonate at industrial scale. This announcement marks the start of commissioning of…