Phillips 66 (Houston, Tex.; www.phillips66.com) announced today that it has entered into a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP from subsidiaries of Cenovus Energy Inc. (Dublin, Ohio; www.cenovus.com) for total cash consideration…
International Flavors & Fragrances Inc. (IFF; New York City) inaugurated its expanded LMR Naturals site in Grasse following a €10 million investment. The expansion increases the facility’s footprint by 75 percent to 4,687 square meters and includes a state-of-the-art pilot…
The Global Impact Coalition (GIC) announced the launch of a dedicated spin-off structure to advance its Sustainable Olefins project. Starting with a feasibility study, this marks the first step toward exploring a new methanol-based route to electro-Sustainable Aviation Fuel (e-SAF) and…
Emvolon Inc. (Woburn, Mass.) and Freepoint Commodities LLC (Stamford, Conn.), a leading global commodities merchant, announced their intention to enter into a long-term a strategic collaboration to accelerate the production and distribution of renewable methanol. By combining Emvolon’s proprietary technology…
Lubricants and specialty blending company America Clean Fuel Corp. (ACFC; Houston) announced that its state-of-the-art blending facility in New Caney, Texas, will officially come online in one month. With a capacity of 1,000 barrels per day, the plant is purpose-built…
Saint-Gobain S.A. (Courbevoie, France) is reorganizing its construction chemicals footprint in Germany in order to accelerate growth and synergies: • Transfer of Saint-Gobain Weber GmbH dry mortars to the long-existing joint venture “Franken Maxit Mauermörtel GmbH & Co. KG” (Franken…
E-Fuels company HIF Global (Houston) announced that it plans to locate the HIF Tasmania e-Fuels Facility at the former Burnie Paper Mill site in South Burnie. The move will bring new life to one of the region’s most significant industrial…
U.S. chemical production fell by 0.4% in July, continuing a downward trend seen in five of the past seven months, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). “The industry is losing momentum,” said David Lan, ACC’s Director…
Symrise AG (Holzminden, Germany) announced the opening of a new production unit at its facility in Granada, Spain. The plant is dedicated to Hydrolite 5 green, the high-quality, biobased pentylene glycol from its Cosmetic Ingredients division. Symrise is providing European…
Versalis S.p.A., Eni’s chemical company, and Veritas, one of Italy’s largest multi-utilities operating in the Metropolitan City of Venice and in parts of the Province of Treviso, signed an agreement to promote the circular economy, with a particular focus on…