Wacker Chemie AG (Munich, Germany) is responding to rising demand for high-quality specialty silicones in China by expanding its production capacities at its Zhangjiagang site. The Group held a ceremony to celebrate the mechanical completion of the facilities. Going forward,…
INEOS Ltd. (London, U.K.) announced the sale of its INEOS Hygienics business to SKG Capital Partners, a Middle Eastern based family office. As part of the transaction, the INEOS Hygienics business and team will transfer to SKG Capital Partners, marking…
Honeywell International, Inc. (Charlotte, N.C.) announced that it has agreed to acquire Johnson Matthey's Catalyst Technologies business segment for £1.8 billion in an all-cash transaction, representing approximately 11x estimated 2025 EBITDA, inclusive of tax benefits and run-rate cost synergies. The…
Reju, the progressive textile-to-textile regeneration company, announced that it had selected the Chemelot Industrial Park for its first industrial scale regeneration center. Located in Sittard, Netherlands, Chemelot is a leading European industrial park and innovation hub. This follows the successful…
Henkel AG (Düsseldorf, Germany) and Sasol Ltd. (Johannesburg, South Africa) have announced a strategic partnership focused on reducing the environmental impact of hot melt adhesives. Through the integration of Sasol’s newly developed SASOLWAX LC product range into Henkel’s TECHNOMELT portfolio…
Air Liquide S.A. (Paris, France) has entered into an agreement with Manildra Group to build a new food-and-beverage-grade carbon dioxide (CO₂) plant in Bomaderry, New South Wales. This facility will capture and purify the biogenic CO₂ produced naturally by Shoalhaven Starches…
ABB, Inc. (Zurich, Switzerland) announced the launch of its new Battery Energy Storage Systems-as-a-Service (BESS-as-a-Service) – a flexible, zero-CapEx solution designed to accelerate the shift to clean, resilient and affordable energy. BESS-as-a-Service is the first in a range of next-generation…
The preliminary value for the CE Plant Cost Index (CEPCI) for March 2025 (most recent available) was higher than the previous month’s value. The current value returned to near its value from the start of the year, after a small…
The preliminary value for the CE Plant Cost Index (CEPCI) for March 2025 (most recent available) was higher than the previous month’s value. The current value returned to near its value from the start of the year, after a small…
Occidental (Oxy; Houston, Tex.; www.oxy.com) and its subsidiary 1PointFive today announced an agreement with XRG, ADNOC’s (Abu Dhabi, United Arab Emirates; www.adnoc.com) investment company, to evaluate a potential joint venture to develop a direct air capture (DAC) facility in South…