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Latest News: Business

Moeve and Zaffra exploring development of e-SAF facilities in Spain

Moeve (formerly Cepsa; Madrid, Spain) and Zaffra, a joint venture between Sasol and Topsoe, announce the signing of a Memorandum of Understanding (MoU) that will see the Spanish energy firm and the Amsterdam based e-SAF developer take a step forward…

Mosaic opens new fertilizer facility in Brazil

The Mosaic Co. (Tampa, Fla.) announced that its new fertilizer blending, storage and distribution plant in Palmeirante, Tocantins, Brazil, will begin operations this month.  The plant increases blending capacity and expands Mosaic's presence in the fast-growing northern region of Brazil.…

Wacker commissions new ultra-pure polysilicon plant in Burghausen, Germany

Wacker Chemie AG (Munich, Germany) commissioned its new production line for the manufacture of ultra-pure semiconductor-grade polysilicon at its Burghausen production site in Germany. Accompanied by customers, suppliers and project partners, high-profile figures including Bavaria’s Minister-President Markus Söder and Gitta…

Baker Hughes and Petronas enter partnership to advance supply chain and technology solutions in Asia

Baker Hughes, Inc. (Houston) and Petroliam Nasional Berhad of Malaysia (Petronas), announced that they have entered a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy…

Thermo Fisher Scientific to acquire Sanofi manufacturing plant in Ridgefield, N.J.

Thermo Fisher Scientific Inc. (Waltham, Mass.) announced an expansion of their strategic partnership with Sanofi S.A. (Paris, France) to enable additional U.S. drug product manufacturing. The terms of the deal were not disclosed. Under the agreement, Thermo Fisher will acquire…

Air Liquide to build new gas production plant for semiconductor manufacturer in southeastern U.S.

Air Liquide S.A. (Paris) has announced an investment exceeding $50 million to build an additional gas production plant at the site of one of the world’s leading semiconductor manufacturers in the Southeastern U.S.. This strategic investment underscores Air Liquide's long-term…

Fujifilm develops novel PFAS-free resist material for semiconductor manufacturing

Fujifilm Corp. (Tokyo) announced that it has developed a PFAS-free negative-type ArF immersion resist for use in advanced semiconductor manufacturing processes. The new PFAS-free ArF immersion resist is a photoresist (Material used to coat wafer substrate when circuit patterns are…

Merck KGaA initiates semiconductor industry coalition in Germany

Merck KGaA, Darmstadt, Germany recently invited leading representatives from the semiconductor industry to Darmstadt to come together and discuss the role of Germany and Europe in this global industry. With world-leading technologies and solutions in materials, lasers, optics, electronics, chip…

Qore starts up large-scale bio-based butanediol plant in Iowa

Qore, a joint venture of  Cargill, Inc. (Minneapolis, Minn.) and HELM AG (Hamburg, Germany), is officially starting production of QIRA, the world’s first large-scale 1,4-butanediol (BDO) made from locally grown dent corn. QIRA is derived from annually renewable crops and…

Independence Hydrogen scores strategic investment from Sumitomo

Sumitomo Corp. (Tokyo), through its U.S. subsidiary Sumitomo Corporation of Americas, announced a strategic investment in Independence Hydrogen to develop additional decentralized hydrogen production and distribution projects in the United States. Independence Hydrogen, Inc. is a privately held company that…