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Ineos Styolution sells stake in Indian business entity

INEOS Styrolution (Frankfurt, Germany) has entered into an agreement for the sale of its entire shareholding interest in INEOS Styrolution India to Shiva Performance Materials. Shiva Performance Materials Private Limited is part of the Shiva Group, which has businesses in specialty…

Hexagon Whitepaper

In today’s fast-paced healthcare environment, perioperative leaders face numerous challenges, including increased patient volumes, complex scheduling, and limited resources. To overcome these obstacles and provide exceptional patient care, it is crucial to quickly identify opportunities in order to streamline the…

Knight Material Technologies acquires Electro Chemical

Knight Material Technologies (KMT; Canton, Ohio) has acquired Electro Chemical Engineering and Manufacturing Co. (EC) located in Emmaus, PA. KMT is a leading service provider and manufacturer in the corrosion-resistant materials industry, and EC is a leader in high-performance fluoropolymer-lined…

Cepsa and Ohmium announce agreement for advanced green hydrogen technology

Cepsa Quimica (Madrid, Spain) and Ohmium International (Bangalore, India), a company specialized in the design, manufacture, and deployment of PEM electrolyzers, have announced an agreement to develop highly efficient green hydrogen projects in the Iberian Peninsula. The companies will collaborate to…

Aramco to acquire Valvoline’s Global Products business for $2.65 billion

 Valvoline Inc. (Lexington, Ky.) has reached a definitive agreement with The Saudi Arabian Oil Company (Aramco; Dhahran)  for the sale of Valvoline's Global Products business for $2.65 billion in cash. Valvoline Global Products is a leading worldwide independent producer and…

BP investing $60 million to build battery technology center in the U.K.

Bp plc (London) unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art electric vehicle (EV) battery testing center and analytical laboratory in the UK. bp has previously announced its intention to invest up to…

Mitsubishi Chemical to expand EVOH production capacity in the U.K.

The Mitsubishi Chemical Group(MCG)has decided to increase its annual production capacity of SoarnoL ethylene vinyl alcohol copolymer (EVOH) resin by 21,000 metric tons per year (m.t./yr) in the U.K. at MCG’s site in Saltend. Once construction begins in April 2023,…

NextChem awarded FEED contract for plastics-recycling plant in Europe

Maire Tecnimont S.p.A. (Milan, Italy) announced that its subsidiary NextChem has been awarded a Front-End Engineering Design (FEED) contract by a market leader in plastics and chemicals for an advanced mechanical recycling plant of municipal plastic waste in Europe.  The aim of the project…

Indorama and Capchem considering new plant for LIB solvents in the U.S.

Indorama Ventures Ltd. (IVL; Bangkok, Thailand) has entered into a non-binding agreement with Capchem Technology USA Inc. (Capchem USA) to study the opportunity to build and operate a world-class lithium-ion battery (LIB) solvents plant at one of IVL's petrochemical facilities…

Kensing to acquire surfactants and specialty esters business from Evonik

Kensing, LLC (Kankakee, Ill.; www.kensingsolutions.com), a leading manufacturer of natural vitamin E, plant sterols, specialty esters and high-purity anionic surfactants, and a portfolio company of One Rock Capital Partners, LLC, today announced that it has entered into a definitive agreement…