The value of the 2023 Chemical Engineering Plant Cost Index® (CEPCI) decreased compared to the previous year’s value, but remains substantially above the levels observed prior to the COVID-19 pandemic. The annual CEPCI value is calculated as an average of…
A reference guide full of insights and experiences to assist you in evaluating all the major considerations that should be reviewed when selecting and purchasing a CEMS solution. When evaluating a CEMS solutions, your tendency might be to focus on…
Johnson Matthey Plc (JM; London) announced that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free…
Lonza AG (Basel, Switzerland) announced it has signed an agreement to acquire the Genentech large-scale biologics manufacturing site in Vacaville, Calif. from Roche (Basel, Switzerland) for $1.2 billion. The acquisition will significantly increase Lonza’s large-scale biologics manufacturing capacity to meet…
BASF SE (Ludwigshafen, Germany) held a groundbreaking ceremony in Ludwigshafen for its new fermentation plant for crop protection products. The plant is expected to go into operation in the second half of 2025 and will manufacture biological fungicides and biological…
Clariant AG (Muttenz, Switzerland) and its process partner Lummus Technology (Houston) have been selected by Huizhou Boeko Materials Co. Ltd., to provide their CATOFIN catalyst and process technology for the dehydrogenation of isobutane at the new plant in Huizhou City,…
Australian clean-energy company ABEL Energy Ltd. has selected thyssenkrupp nucera as the preferred supplier of the 260MW of electrolyzers required for our flagship project in Bell Bay, Tasmania, Australia. thyssenkrupp nucera is a global leader in electrolysis technology, offering highly…
The Chemours Company (Wilmington, Del.) announced that the U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected two of its applications for grants totaling $60 million. These grants will be used by Chemours and its partners for the…
International Flavors & Fragrances Inc. (IFF; New York City) announced that it has entered into a definitive agreement to sell its Pharma Solutions business unit to French leader of plant-based ingredients Roquette (Lestrem, France) for an enterprise value of up…
Novoloop (Menlo Park, Calif.; www.novoloop.com), a leading plastic circular economy technology company, selects Worley Consulting to conduct a Front-End Loading (FEL-2) preliminary engineering study for the company’s breakthrough Lifecycling process. The purpose of the study is to assess commercial project…