Flocean AS (Oslo, Norway) has been selected as a winner of the World Economic Forum’s (WEF) prestigious Water Resilience Challenge. Amidst a record number of applications, Flocean was selected by UpLink, the global change platform of WEF that seeks to…
Lummus Technology (Houston) announced a strategic investment in InnoVent Renewables to accelerate deployment of its proprietary tire recycling technology. “Investing in InnoVent reinforces our commitment to advancing sustainable, circular technologies that solve real environmental challenges,” said Leon de Bruyn, President…
Zeeco, Inc. (Tulsa, Okla.) announced the acquisition of Devco Process Heaters, a Tulsa-based fired-heater design and technology company. The move strengthens Zeeco's position in the United States midstream oil and gas market. Through its newly expanded capabilities, Zeeco will be…
Borealis Group (Vienna, Austria) announces a €49 million strategic investment to scale up production of Borstar® Nextension polypropylene (PP) at its manufacturing site in Burghausen, Germany. This will expand commercial production of next-generation single-site polypropylene (ssPP) grades that deliver enhanced…
VARO Energy (Zug, Switzerland) has completed the Preem AB acquisition, marking the successful delivery of VARO Energy’s 2022 ONE VARO Transformation strategy. Following regulatory approvals, the formation of VAROPreem creates a new leading force in energy built on scale, capability…
Nuada (Newtownabbey, Northern Ireland) and MLC have signed an agreement to deploy Nuada’s demonstration carbon-capture unit at MLC’s Singleton Birch site in Melton Ross, North Lincolnshire. The project will evaluate how next-generation carbon-capture technology can address the unavoidable process emissions…
Textile recycling firm Reju announced it has selected the site for its first U.S.-based industrial facility marking a significant milestone in its efforts to scale globally. This future Regeneration Hub will be in Rochester, New York, reinforcing Reju’s commitment to…
Merck KGaA, Darmstadt, Germany and ChemLex, a Singapore-headquartered innovation company pioneering AI-driven automated chemical synthesis, announced the signing of a Memorandum of Understanding (MOU) to explore a strategic collaboration in evolving R&D paradigms. The MOU reflects a shared commitment to…
Henkel AG (Düsseldorf, Germany) signed an agreement to acquire Swiss-based ATP Adhesive Systems from Arsenal Capital Partners. ATP Adhesive Systems is a leading expert in high-performance water-based specialty tapes for a wide variety of end-markets, including automotive, electronics, medical, building…
Covestro AG (Leverkusen, Germany) and Rondo Energy, Inc. (Oakland, Calif.) celebrated the groundbreaking for an innovative heat battery at Covestro's Brunsbüttel site. The Rondo Heat Battery charges when there is a surplus of low-price renewable energy in the grid, stores…