Siemens AG (Munich, Germany; www.siemens.com) and Chromalloy Gas Turbine Corporation celebrated the grand opening of their new joint venture, Advanced Airfoil Components, in Hillsborough County, Florida. This partnership represents a capital investment of $139 million and will add 350 jobs…
Umicore N.V. (Brussels, Belgium; www.umicore.com) and automobile manufacturer Audi have successfully completed phase one of their strategic research cooperation for battery recycling. The two partners are developing a closed-loop process for components of high-voltage batteries that can be used again…
Solvay S.A. (Brussels, Belgium; www.solvay.com) is set to increase the company’s fluoroelastomer (FKM) production to support global customers’ continuing strong demand for high performance sealing applications. End-use applications in hybrid and low emission internal combustion engines (ICE) and in the…
Lanxess AG (Cologne, Germany; www.lanxess.com) continues to optimize its global production network for the manufacture of iron oxide pigments. Through targeted debottlenecking at the Krefeld-Uerdingen site, the specialty chemicals company has increased the product availability of its Bayferrox and Colortherm…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Sinopec Corp. (Beijing, China; www.sinopecgroup.com) have signed a memorandum of understanding (MoU) in Beijing to further strengthen their partnership in upstream and downstream chemical production in China. The partners intend to build an additional…
Evonik Industries AG (Essen, Germany; www.evonik.com) has invested in the biotechnology start-up In Ovo through its venture capital unit and now holds a minority stake in the company, based in Leiden, the Netherlands. Co-leading this Series A investment is Singapore-based…
The Lubrizol Corp. (Wickliffe, Ohio) will invest more than $25 million in its Calvert City, Kentucky manufacturing facility, allowing the company to meet increasing customer demand. This investment follows a recent $10 million expansion at the site to further improve…
Air Liquide Canada, a subsidiary of the Air Liquide Group (Paris; www.airliquide.com) officially celebrated the opening of its brand-new carbon dioxide (CO2) recovery plant, located in Aylmer, Ontario, Canada. Following the inauguration of another CO2 recovery plant in Johnstown, Ontario…
Tata Chemicals Ltd. (TCL; Mumbai, India; www.tatachemicals.com) signed a memorandum of understanding (MoU) with CSIR-CECRI (Central Electrochemical Research Institute), Karaikudi, to explore collaborative technology for scaling up the manufacture of cathode materials for lithium-ion batter (LIB) cells. Under this MOU,…
Vertellus LLC (Indianapolis, Ind.; www.vertellus.com) announced that John Van Hulle is assuming the role of Chief Executive Officer (CEO) effective immediately. Mr. Van Hulle brings to Vertellus more than three decades of leadership experience in the specialty chemical and plastics…