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Latest News: Business

Mosaic to sell potash mining assets in Rosário do Catete, Brazil

The Mosaic Co. (Tampa, Fla.) announced that it has entered into an agreement to sell Mosaic Potassio Mineração Ltda (MPM), the entity that operates the Taquari-Vassouras potash mine located in Rosário do Catete, Sergipe, Brazil, to VL Mineração Ltda. Upon…

Eastman and Huafon Chemical to establish cellulose-acetate yarn manufacturing plant in China

Eastman Chemical Co. (Kingsport, Tenn.)  announced a formal strategic partnership with Huafon Chemical to establish a joint facility to produce cellulose-acetate yarn. The facility will be dedicated to localized production and product innovation of Eastman Naia cellulose acetate filament yarns…

Sartorius Stedim Biotech invests in Nanotein Technologies to help scale up cell therapy solutions

Sartorius Stedim Biotech (Aubagne, France) and Nanotein Technologies, a developer of next-generation immune cell activation reagents, have entered into a partnership. As part of the collaboration, Sartorius will invest up to $3 million in a minority shareholding in Nanotein Technologies…

Wacker and Gearbox Biosciences collaborating to advance plasmid DNA manufacturing technologies

  Wacker Chemie AG (Munich, Germany)’s has combined expertise in GMP manufacturing of biologics, including pDNA, with Gearbox Bioscience’s innovative solutions for antibiotic-free plasmid proliferation to address the challenges associated with the scalability, efficiency, and cost-effectiveness of manufacturing pDNA for…

Emvolon and Montauk Renewables’ new joint venture will produce green methanol from biogas

Emvolon (Woburn, Mass.; www.emvolon.com) and Montauk Renewables, Inc. (Pittsburgh, Pa.; www.montaukrenewables.com) announced a joint venture (JV) to develop multiple biogas-to-green methanol projects. Following a successful field demonstration project, Emvolon and Montauk plan to deploy a portfolio of biogas-based sites with…

Bionova Scientific opens new plasmid DNA production facility in Texas

Bionova Scientific, an Asahi Kasei Corp. (Tokyo) company and commercial-scale biologics contract development and manufacturing organization (CDMO), has announced the opening of a 10,000 square-foot state-of-the-art plasmid DNA (pDNA) development and production facility in The Woodlands, Texas. Located less than…

Chevron Phillips Chemical completes LV PAO expansion in Belgium

Chevron Phillips Chemical L.P. (CPChem; The Woodlands, Tex.) has successfully completed the expansion of its low-viscosity polyalphaolefins (LV PAO) production unit in Beringen, Belgium, significantly boosting its manufacturing capacity in Europe. The project has doubled the site’s LV PAO production…

Clariant expands production of its stabilizer product portfolio

In a strategic move to address escalating global demand, Clariant AG (Muttenz, Switzerland) has unveiled significant advancements in its stabilizer portfolio, combining expanded production capacity in China with innovative applications that enhance performance in artificial turf applications and medical sectors.…

Imperial Oil completes construction of renewable diesel plant in Canada

Imperial Oil Ltd., a majority-owned affiliate of ExxonMobil Corp. (Irving, Tex.) has completed construction of a renewable diesel facility at its Strathcona refinery near Edmonton, Canada, a milestone for Canadian operations. At full capacity, the facility is expected to be…

VINCI awarded contract for Spain’s largest 2G biofuels plant

Moeve (formerly Cepsa; Madrid, Spain) and Apical have awarded Grupo Cobra and Masa - both subsidiaries of Cobra IS, a VINCI Group business – the electrical, piping and industrial mechanical works of the largest second-generation (2G) biofuel plant in Spain.…