Siemens AG (Munich, Germany) and Capgemini SE (Paris, France) are expanding their strategic partnership to co-develop AI-native digital solutions for product engineering, manufacturing and operations. Such solutions fundamentally embed artificial intelligence at their core from inception, rather than merely adding…
Syensqo S.A. (Brussels, Belgium) announced that it has entered into an agreement to divest its Oil & Gas Business Unit to SNF Group (Andrézieux-Bouthéon, France), a specialty chemical company headquartered in France and a global leader in polyacrylamide production, for…
BASF (Ludwigshafen, Germany; www.basf.com) today announces the construction of a state-of-the-art electronic-grade ammonium hydroxide (NH4OH EG) plant in Ludwigshafen, Germany, in support of wafer cleaning, etching and other precision processes in semiconductor manufacturing. This critical ultra-pure chemical will support the…
Albemarle Corp. (Charlotte, N.C.) announced it has entered into a definitive agreement to sell a controlling stake in Ketjen Corp.'s refining catalyst solutions business to KPS Capital Partners, LP (KPS). Albemarle and KPS, through affiliates, will own approximately 49% and…
Samsung E&A (Seoul, South Korea) announced its intention to collaborate with Honeywell International, Inc. (Charlotte, N.C.) to explore opportunities to drive technology advancement, boost energy efficiency and expand collaborative efforts in the global energy sector. Under the Memorandum of Understanding…
Solstice Advanced Materials, a leading pure-play specialty materials company, announced its first day as an independent, publicly traded company following the completion of its spin-off from Honeywell. Shares of Solstice will begin trading on the Nasdaq Stock Market under the…
Samsung E&A (Seoul, South Korea) announced that its U.S. office, Samsung E&A America, has signed an EPF (Engineering, Procurement, and Fabrication) contract for the‘USA Wabash Low-Carbon Ammonia Project from Wabash Valley Resources. This contract marks Samsung E&A America's first low-carbon…
AGC, Inc. (Tokyo) has initiated a collaboration with NPC Inc. to promote the recycling of solar-panel cover glass. Aiming to recycle several thousand tons of solar panels annually by 2030, AGC is partnering with various companies to establish a collection…
Vattenfall AB and SSAB (both Stockholm, Sweden) have signed a new agreement for the delivery of 120 tons of fossil-free steel for what will be the world's first fossil-free dam gate. The dam gate will be the largest steel component…
Yokogawa Electric Corporation (Tokyo, Japan; www.yokogawa.com) announced it has achieved a historic milestone in the deployment of industrial artificial intelligence (AI) solutions with Aramco (Dhahran, Saudi Arabia; www.aramco.com). Multiple autonomous control AI agents have been successfully implemented by Yokogawa at…