Elkem ASA (Oslo, Norway) has entered into an agreement to acquire KeyVest Belgium S.A, a specialist company in the sourcing of materials and production of metal powders to the refractory industry and other segments including advanced ceramics. This will expand…
LG Chem Ltd. (Seoul, South Korea) announced a plan to establish a plant in Daesan, Korea, with the capacity to produce 50,000 tons of hydrogen annually by the second quarter in 2024. This plant will be the first LG Chem…
Toray Industries, Inc. (Tokyo) announced the establishment of a joint venture (JV) with LG Chem, LG Chem Ltd. (Seoul, South Korea), in which Toray and LG Chem each hold a 50% interest, following the announcement on October 27, 2021 that…
Shell Chemicals and Dow have started up an experimental unit to electrically heat steam cracker furnaces at the Energy Transition Campus Amsterdam, The Netherlands. This represents a key milestone in the companies’ joint technology program to electrify steam cracking furnaces,…
bp plc (London) agreed to acquire a 40.5% equity stake in and to become operator of the Asian Renewable Energy Hub (AREH), which has the potential to be one of the largest renewables and green hydrogen hubs in the world.…
The Lenzing Group (Lenzing, Austria), a provider of wood-based specialty fibers for the global textile and nonwoven industries, has joined the chemical industry’s sustainable supply chain initiative, Together for Sustainability (TfS). Together with Lenzing, numerous internationally active chemical companies have…
HH2E AG (Hamburg, Germany) and the MET Group (Zug, Switzerland) have announced a partnership to develop one of the largest green hydrogen production plants in Europe to date in Lubmin/Mecklenburg-Vorpommern on the German Baltic coast. The project aims to construct…
Saint-Gobain Life Sciences announced the addition of their Suwa, Japan manufacturing facility for the production of C-Flex TPE tubing for use in bioprocessing. The capacity addition in Suwa is part of Saint-Gobain Life Sciences ongoing investment plan to globally expand…
Wood plc (Aberdeen, Scotland), has entered into a 10-year global master services agreement for engineering and project related services with Chevron Corp. (San Ramon, Calif.). The agreement can be used by all of Chevron’s business units and covers both offshore…
Origin Materials, Inc. (West Sacramento, Calif.) and Kuraray Co. (Tokyo) announced a strategic partnership to commercialize advanced carbon-negative materials for diverse polymer applications. As part of the strategic partnership, Kuraray signed a capacity reservation agreement with Origin Materials to purchase…