Eni Industrial Evolution and FIB (Seri Industrial Group) have reached an agreement for the joint development of an integrated industrial supply chain in the lithium iron phosphate battery sector. Following the agreements reached, in execution of the framework agreement of…
International Flavors & Fragrances Inc. (IFF; New York City) announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that…
Toray Industries, Inc. (Tokyo) has decided to divest its equity interest in Soda Aromatic Co., Ltd., by transferring its shares to Samyang Corp. Japan, Inc. Soda Aromatic, which manufactures and sells flavors, fragrances and related products, is currently held 66%…
Rio Tinto plc (London) has successfully started commissioning its US$1.5 billion AP60 smelter expansion at Complexe Arvida in Quebec, marking a major milestone for the deployment of its state-of-the-art, low-carbon aluminum smelting technology. The start-up, which began in March, is…
Saint-Gobain S.A. (Courbevoie, France) has completed the sale of HKO in Germany and its arm in France Deltec – its business manufacturing technical textile components for high-temperature insulation mainly for automotive and industrial applications – to a fund managed by…
Sandvik AB (Stockholm, Sweden) has signed an agreement to divest its business unit Additive Manufacturing to Mimir, a global investment firm based in Sweden. Additive Manufacturing, which is reported in business area Machining, manufactures metal powders used in areas such…
KBR, Inc. (Houston) announced that NorSAF, one of the leading sustainable aviation fuel (SAF) producers in the Baltics, has selected KBR’s proprietary PureSAF® technology for what is set to become the largest SAF and e-SAF production plant in Northern Europe.…
Repsol S.A. (Madrid, Spain) announced the launch of its second 100% renewable fuel plant on the Iberian peninsula, located at its Puertollano industrial complex (Ciudad Real). The facility has the capacity to produce 200,000 tons per year, in addition to…
SkyNRG (Amsterdam, the Netherlands; www.skynrg.com) and KLM Dutch Royal Airlines (Amstelveen, the Netherlands; www.klm.com) celebrated the official start of construction of DSL-01, the Netherlands’ first facility fully dedicated to the production of sustainable aviation fuel (SAF). Located in Delfzijl, the…
Lummus Technology (Houston, Tex.; www.lummustechnology.com), a global leader in process technologies and value-driven energy solutions, announced the commercial launch of Thermacrack™ C5. The new technology will help producers increase production efficiency and reduce capital investment for specialty chemicals. This launch…