Merck KGaA, Darmstadt, Germany and SpringWorks Therapeutics, Inc. (Stamford, Conn.), a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, announced the companies have entered into a definitive agreement for Merck KGaA to acquire SpringWorks Therapeutics. The purchase price…
The following are recently published titles that may be relevant to the chemical process industries (CPI): Microbial Biotechnology: Integrated Microbial Engineering for B3—Bioenergy, Bioremediation and Bioproducts. Edited by Maulin Shah and Kiran Bala, Elsevier Press, 2025, 400 pages, $195.50. …
Yokogawa Electric Corporation (Tokyo, Japan; www.yokogawa.com) announces that it has finalized an agreement to acquire Singapore-based Web Synergies (www.websynergies.com), a leading provider of IT and integrated IT and operational technology (OT) solutions. For more than a decade, the two companies…
Lhyfe (Nantes, France; www.lhyfe.com), a world pioneer in the production of green and renewable hydrogen for mobility and industry, announces that the French Prime Minister has officially confirmed, by signature, a €149 million grant for its future green hydrogen production…
KBR (Houston, Tex.; www.kbr.com) is proud to partner with Neptune Energy (London, U.K.; www.neptuneenergy.de) to produce battery-grade lithium carbonate (Li₂CO₃) from gas field brine at the Altmark site in Germany, utilizing KBR’s proprietary PureLi® refining and conversion technology. Li2CO3 is…
Syensqo, a leader in advanced materials and specialty chemicals, and China Petroleum & Chemical Corporation (Sinopec) have signed a Strategic Partnership Framework Agreement to foster collaboration in advanced materials and specialty chemicals. The partnership is set to explore business development opportunities and…
Asahi Kasei Corp. (Tokyo) has started a joint demonstration with Nobian, Furuya Metal, and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda. Through…
Cyclic Materials Inc. (Toronto, Ont., Canada) announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global REE recycling operation focused on the separation of…
Lummus Technology (Houston) and Neste Corp. (Espoo, Finland) announced the companies have signed an agreement in which Lummus Technology will acquire the intellectual property and certain assets of NAPCON, Neste’s proprietary digital technology solutions provider. The agreement also includes the…
The preliminary value for the CE Plant Cost Index (CEPCI) for February 2025 (most recent available) fell by a small margin compared to the previous month’s value. The final value for January 2025 was downwardly revised, partially because of some…