Versalis, Eni’s chemical company, announces that, as of 1 July 2025, it will transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions S.r.l. The operation aims to consolidate Versalis’ position in the oilfield services sector by…
Akzo Nobel N.V. (Amsterdam, the Netherlands) has signed an agreement to sell its shareholding in Akzo Nobel India Limited (ANIL) to the JSW Group, one of India’s leading diversified conglomerates. The transaction is based on a total enterprise value of…
Sulzer Ltd. (Winterthur, Switzerland) is proud to announce the launch of its licensed EcoStyrene polystyrene recycling technology, a groundbreaking solution for the chemical recycling of contaminated polystyrene materials. The EcoStyrene process addresses one of the chemical recycling industry's most significant…
Axens, IFP Energies nouvelles (IFPEN; both Rueil-Malmaison, France) and SMS group, have successfully homologated the Carboverseo™ technology. This innovative reverse water-gas shift process, which converts CO2 into CO, is now live and ready to revolutionize the e-fuel industry by providing…
Sekisui Chemical Co. Ltd. (Tokyo, Japan) has decided to establish sixth injection-molding plant in India for Sekisui DLJM Molding Pvt. Ltd., which manufactures and sells injection molded products for automobiles in Pune, Maharashtra in western India. The investment for establishing…
Baker Hughes (Houston) has been awarded a contract by Saipem S.p.A. (San Donato Milanese, Italy) to supply carbon dioxide (CO2) compression technology for Eni S.p.A.'s (Rome, Italy) Liverpool Bay Carbon Capture and Storage (CCS) Project in the UK. The order was…
Kuraray Co. (Tokyo) announced plans to expand production facilities for optical-use poval film, a base material for polarizing films used in liquid crystal displays (LCDs), at its Saijo Plant located in Saijo City, Ehime Prefecture, Japan. With this expansion, the…
Hindalco Industries Ltd. the metals flagship of the Aditya Birla Group (Mumbai, India; www.adityabirla.com), has announced the acquisition of a 100% equity stake in US-based AluChem Companies, Inc., a prominent manufacturer of Specialty Alumina, for an enterprise value of $125…
Syensqo S.A. (Brussels, Belgium) and Microsoft Corp. (Redmond, Wash.) have signed a Memorandum of Understanding (MOU) to explore a strategic collaboration aimed at accelerating digital innovation and sustainable materials development. By combining Syensqo’s deep scientific expertise with Microsoft’s leadership in…
Sika AG (Baar, Switzerland) has acquired Gulf Additive Factory LLC in the State of Qatar. The company manufactures a wide range of construction chemical products and has a strong standing in the fast-growing Qatar construction market. The acquisition strengthens Sika’s…