Thermo Fisher Scientific Inc. (Waltham, Mass.) will invest an additional $2 billion in the United States over the next four years, strengthening American innovation, manufacturing and economic competitiveness across the life sciences sector. As one of the largest manufacturers of…
Exxon Mobil Corp. (Houston) announced an agreement with Calpine Corp. (Houston), the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per year (m.t./yr) of CO2 from Calpine’s Baytown Energy…
Saipem S.p.A. (San Donato Milanese, Italy) has been awarded a contract by Eni S.p.A. (Rome, Italy) in the U.K. for the Liverpool Bay CCS (carbon capture and sequestration) project. The value of the contract is estimated approximately 520 million euros…
Borouge Plc announced a series of significant, strategic asset expansion projects to accelerate its growth, contributing annually between $165 million and $200 million in EBITDA. The company has awarded two major contracts aimed at boosting the nameplate capacity of its…
Merck KGaA, Darmstadt, Germany and SpringWorks Therapeutics, Inc. (Stamford, Conn.), a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, announced the companies have entered into a definitive agreement for Merck KGaA to acquire SpringWorks Therapeutics. The purchase price…
The following are recently published titles that may be relevant to the chemical process industries (CPI): Microbial Biotechnology: Integrated Microbial Engineering for B3—Bioenergy, Bioremediation and Bioproducts. Edited by Maulin Shah and Kiran Bala, Elsevier Press, 2025, 400 pages, $195.50. …
Yokogawa Electric Corporation (Tokyo, Japan; www.yokogawa.com) announces that it has finalized an agreement to acquire Singapore-based Web Synergies (www.websynergies.com), a leading provider of IT and integrated IT and operational technology (OT) solutions. For more than a decade, the two companies…
Lhyfe (Nantes, France; www.lhyfe.com), a world pioneer in the production of green and renewable hydrogen for mobility and industry, announces that the French Prime Minister has officially confirmed, by signature, a €149 million grant for its future green hydrogen production…
KBR (Houston, Tex.; www.kbr.com) is proud to partner with Neptune Energy (London, U.K.; www.neptuneenergy.de) to produce battery-grade lithium carbonate (Li₂CO₃) from gas field brine at the Altmark site in Germany, utilizing KBR’s proprietary PureLi® refining and conversion technology. Li2CO3 is…
Syensqo, a leader in advanced materials and specialty chemicals, and China Petroleum & Chemical Corporation (Sinopec) have signed a Strategic Partnership Framework Agreement to foster collaboration in advanced materials and specialty chemicals. The partnership is set to explore business development opportunities and…