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Synthomer to divest inorganic chemistry business
Synthomer Plc (London, U.K.) announced an agreement to divest William Blythe Ltd., its inorganic chemistry business, to its management team alongside H2 Equity Partners, for consideration of £30 million. Founded in 1845, William Blythe has pioneered the development and use…
Celanese to divest Micromax ink and paste business
Celanese Corp. (Dallas, Tex.) announced its intent to divest its Micromax portfolio of products. The Company’s Board and management are confident in the significant value created by a divestment while advancing Celanese’s strategic priority of cash generation and deleveraging. “Our…
Masdar and OMV join forces for green hydrogen production
Abu Dhabi Future Energy Company PJSC – Masdar and OMV AG (Vienna, Austria) have signed an agreement to partner in the production of green hydrogen, synthetic sustainable aviation fuel (eSAF), and other sustainable products. Representatives for Masdar and OMV signed…
KBR selected as commercialization partner for Samsara Eco’s first-of-its-kind enzymatic recycling plant
KBR, Inc. (Houston) announced that it will support biotech innovator, Samsara Eco (Sydney, Australia), to design its first-of-a-kind plastics and textile enzymatic recycling plant, due for completion in early 2028. Samsara Eco’s enzymatic recycling technology aims to create a continuous…
INEOS and Covestro announce 8-Year LNG gas supply agreement
INEOS Enterprises Ltd. (London) and Covestro AG (Leverkusen, Germany) have announced a significant long-term agreement for the supply of natural gas for up to eight years, starting 2027. The agreement builds on INEOS' newly established LNG supply chain, and both…
Arkema, AkzoNobel and Omya design lower-carbon footprint paints
Arkema S.A. (Colombes, France), AkzoNobel N.V. (Amsterdam, the Netherlands) and Omya have collaborated to develop a range of low-carbon options for more sustainable decorative paints with a 30% or more reduced carbon footprint (1) for mass market adoption while maintaining…
Dow finalizes sale of soil fumigation product line
Dow (Midland, Mich.) announced the completion of the sale of Telone, a soil fumigation product to TriCal Soil Solutions, Inc., a leading distributor and applicator of soil fumigation products. This transaction is consistent with Dow's best-owner mindset strategy of focusing…
Roquette completes acquisition of IFF Pharma Solutions
Roquette (Lestrem, France) announced the successful completion of its acquisition of IFF Pharma Solutions from International Flavors & Fragrances Inc. (IFF; New York City). This strategic milestone marks a significant step forward in its ambition to become a leader in…
Linde to expand supply of industrial gases to Samsung in South Korea
Linde plc (Guildford, U.K.) announced that it will increase its supply of ultra-high-purity atmospheric, process and specialty gases to Samsung’s world-scale semiconductor manufacturing complex in Pyeongtaek, South Korea. In 2024, Linde also announced its intent to expand gas supply to…
Vioneo selects Wood to design world’s first industrial scale methanol-to-plastics facility
Vioneo (Antwerp, Belgium) has awarded Wood plc (Aberdeen, Scotland) a multi-million dollar contract to deliver the front-end engineering design (FEED) for its revolutionary plant which will produce fossil-free plastics using green methanol. Based in Antwerp, Belgium, the renewably powered and…