SUEZ Group (Paris) announced its acquisition of stakes in the innovative North American companies Airex Energy and Subeca, amounting to 8 million euros. These two investments in support of climate change adaptation and mitigation reinforce SUEZ’ innovation dynamic. They fall…
Ohmium International, a green-hydrogen company that designs, manufactures and deploys advanced Proton Exchange Membrane (PEM) electrolyzers, was selected to equip the first green hydrogen project in Croatia. Ohmium was selected to serve as the PEM electrolyzer supplier for IVICOM, a…
Air Products Membrane Solution (Lehigh Valley, Pa.) announced it will invest more than $70 million to significantly expand its manufacturing and logistics center in Maryland Heights, near St. Louis, Missouri. The investment, which is Air Products Membrane Solutions’ largest ever,…
Neste Corp. (Espoo, Finland), Marubeni Corp. and Resonac Corp. (Tokyo) have entered into a cooperative agreement to enable the production of renewable olefins and derivatives. The cooperation involves Neste RE™, a Neste-produced renewable raw material, being used to manufacture products…
Asahi Kasei Corp. (Tokyo) announced that Asahi Kasei Medical has completed the construction of its third assembly plant for Planova virus-removal filters in Nobeoka, Miyazaki, Japan, and held its completion ceremony on May 24, 2024. The bioprocess business of Asahi…
Mitsui Chemicals, Inc. (Tokyo) announced plans to set up production facilities at its Iwakuni-Ohtake Works for carbon nanotube (CNT) pellicles suited to use in next-generation high-output EUV lithography systems, which will be indispensable in further reducing the size and increasing…
Toray Group (Tokyo) plans to invest 500 billion won in the Gumi National Industrial Complex in South Korea by 2025 to expand its business for sustainable growth. Toray and Toray Advanced Materials Korea (TAK) signed an investment memorandum of understanding…
Merck KGaA, Darmstadt, Germany has signed a definitive agreement to acquire life science company Mirus Bio for $600 million (around €550 million). Based in Madison, Wisconsin, Mirus Bio is a specialist in the development and commercialization of transfection reagents. Transfection…
DuPont (Wilmington, Del.) announced a plan to separate into three distinct, publicly traded companies. Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders with New DuPont continuing…
BASF India Ltd. will increase the production capacity of its Ultramid polyamide (PA) and Ultradur polybutylene terephthalate (PBT) compounding plant in Panoli, Gujarat and Thane, Maharashtra. Its Polyurethane Technical Development Center India, to be inaugurated on 28 May in Mumbai,…