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Latest News: Business

Heraeus acquires Umicore’s platinum API business

Heraeus Precious Metals announced that it has acquired Umicore’s Platinum Active Pharmaceutical Ingredient (API) business outside of South America. This transaction is a unique opportunity for Heraeus to strengthen its position and product portfolio. Through the integration, the company ensures…

Black & Veatch selected by AWWA to develop guidance for PFAS pilot testing

Black & Veatch (Overland Park, Kan.) has been selected by the American Water Works Association (AWWA) to develop nationwide guidance for pilot testing treatment for per- and polyfluoroalkyl substances (PFAS), also known as “forever chemicals.” The resulting PFAS Piloting Guidance…

Maire awarded a contract for a hydrogen production unit in Pengerang biorefinery

MAIRE S.p.A. (Milan) announced that KT -Kinetics Technology supported by the technological know-how of NEXTCHEM, has been awarded by Pengerang Biorefinery Sdn. Bhd (a Joint Venture comprising PETRONAS Mobility Lestari Sdn. Bhd., Enilive S.p.A., and Euglena Co., Ltd.), licensing, as…

Genesis Fertilizers and Stamicarbon partner to advance sustainable urea production

Genesis Fertilizers has signed Process Design Package (PDP) and License agreements with Stamicarbon, the nitrogen technology licensor of NEXTCHEM (MAIRE Group), to advance its proposed low-carbon nitrogen fertilizer facility in Belle Plaine, Saskatchewan. This partnership aims to integrate Stamicarbon's proprietary…

Pure Lithium and Saint-Gobain Ceramics to accelerate production of lithium-selective membranes

Pure Lithium Corp. (Boston, Mass.) has announced a joint development agreement with Saint-Gobain Ceramics, a global leader in specialty ceramic materials. The joint development agreement will accelerate the production of Pure Lithium’s patent pending lithium selective, water-blocking membranes for lithium…

Mosaic to sell phosphate mining unit in Brazil to Fosfatados Centro

The Mosaic Co. (Tampa, Fla.) and Fosfatados Centro SPE Ltda announced that they have entered into an agreement for the sale of a phosphate asset owned by Mosaic located in Patos de Minas, Brazil. Upon the closing of the transaction,…

Mitsui Chemicals to expand production capacity for thiourethane-based lens materials

Mitsui Chemicals, Inc. (Tokyo) announced plans to boost production capacity for its MR series of high refractive-index lens material. MR is a thiourethane-based high refractive-index lens material that offers a high Abbe value (minimizing chromatic aberration) and high refractive index…

Messer to construct $70-million air-separation unit in Arkansas

Messer Group GmbH (Bad Soden, Germany) has announced a strategic investment of over $70 million to construct a state-of-the-art air separation unit (ASU) in Berryville, Arkansas. The new facility will address the growing demand for industrial gases in the southern…

Bayer acquires biofuel feedstock assets from Canadian firm

Bayer AG (Leverkusen, Germany) announced a deal with Canada-based Smart Earth Camelina Corp., whereby Bayer has acquired their camelina germplasm, intellectual property, and materials to expand its global leadership position in biomass-based feedstock markets. This acquisition underlines Bayer’s goal to…

AGC invests in a new glass production line in Lodelinsart, Belgium

AGC Glass Europe, the European branch of  AGC Inc. (Tokyo), announces a major investment in a new insulating vacuum glass production line at its Lodelinsart site in Belgium. This ambitious initiative represents a consequent capital investment, underlining AGC's ongoing commitment…