Trinseo (Berwyn, Pa.) and Ferroglobe PLC (London) announced the signing of a Memorandum of Understanding (MOU) to jointly develop high-silicon anode solutions for electric vehicle (EV) batteries. Rapid global growth of the EV market, the need for more sustainable and higher energy…
Lummus Technology (Houston) announced that Lihuayi Weiyuan Chemical Co., Ltd. selected its Novolen PP technology for a new unit in Shandong Province, China. Lummus' scope includes the technology license for the PP unit as well as basic design engineering, training…
Honeywell says that Biotrend Energy (Istanbul, Turkey) will apply Honeywell’s UpCycle process technology in Biotrend Energy’s planned plastics recycling factory in Turkey. The facility will convert mixed waste plastics into recycled polymer feedstock (RPF), enabling the development of a circular…
Plug Power Inc. (Latham, N.Y.) and Lhyfe announced the world’s first production of hydrogen at sea on a floating platform with a Plug state-of the-art 1-megawatt electrolyzer on an offshore green hydrogen production site in Saint-Nazaire, France. Plug’s electrolyzer will…
Fragrance manufacturer Givaudan and LanzaTech NZ Inc. (Skokie, Ill.) have announced a collaboration for the development of sustainable fragrance ingredients from renewable carbon. Renewable carbon is carbon that avoids or substitutes the use of additional fossil carbon. Examples include carbon…
Arkema S.A. (Colombes, France) is boosting its previously announced global Pebax elastomer capacity expansion at its Serquigny, France site from +25% to +40% in two separate phases, firstly in Q1 2023 by raising global capacity by 15%, the additional 25%…
Borealis Group (Vienna, Austria) and YILDIRIM Group’s YILFERT Holding signed a binding agreement for the acquisition of Borealis’ shares in fertilizer business Rosier SA. The offer values the business (enterprise value) at €35 million, resulting in a valuation of roughly…
Saint-Gobain (Courbevoie, France) has now obtained approvals from all relevant competition authorities for its acquisition of GCP Applied Technologies Inc., a major global player in construction chemicals, announced on December 6, 2021. The acquisition will close on September 27, 2022.…
The ORLEN Unipetrol Group (Prague, Czech Republic) announced it expansion into the segment of mechanical recycling by acquiring REMAQ, a leading player in the region of Central and Eastern Europe, in its group. An Italian-Czech company, REMAQ, s.r.o. was established…
Technip Energies (Paris) has reached an agreement with INEOS Acetyls as their sole supplier of early engineering services in support of the deployment and application of INEOS Acetyls CATIVA technology. This agreement continues Technip Energies long lasting involvement in supporting…