Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico) has signed an agreement to acquire Oman-based OCTAL Holding SAOC. This acquisition forward-integrates Alpek into the high-value polyethylene terephthalate (PET) sheet business segment, closes the gap towards achieving its ESG goals,…
Hexion Holdings Corp. (Columbus, Ohio) announced that it has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines for approximately $1.2 billion to Westlake Chemical…
TotalEnergies and Veolia (both Paris, France) have signed an agreement to produce biomethane from Veolia waste and water treatment facilities operating in more than 15 countries. The partners will develop and co-invest in a portfolio of international projects, with the…
Technip Energies, together with BTG Bioliquids, completed a Fast Pyrolysis Bio-oil (FPBO) project for Pyrocell AB in Gävle, Sweden, which successfully started up in September. Pyrocell is a company jointly owned by Setra AB, one of Sweden’s largest wood producers,…
ExxonMobil Corp. (Houston) announced that it is streamlining its business structure by combining chemical and downstream companies and centralizing technology and engineering, and other support services, to better support customers, enhance performance and grow value. “Our transformed business structure enables…
Industrial services provider Bilfinger SE (Mannheim, Germany) and clean-tech company Rock Tech Lithium Inc. (Vancouver, B.C., Canada) have signed a letter of intent for an EPCM (engineering, procurement, construction and management) partnership. The agreement relates to the construction of Europe’s…
Chemieanlagenbau Chemnitz GmbH (CAC; Germany) is building a chlor-alkali electrolysis plant for KEM ONE (Lyon, France), Europe's second largest manufacturer of polyvinylchloride (PVC). The €57-million contract is said to be the largest order of this kind in the history of…
Nouryon (Amsterdam, the Netherlands) announced the completion of its latest production facility to meet increasing global demand for innovative and sustainable chelates for the rapidly growing consumer cleaning industry. The startup of the new site in Herkenbosch, Netherlands is expected…
Elkem (Oslo, Norway) announced that it has secured 100% ownership of the Elkem Salten energy recovery plant, after acquiring the remaining 50% stake from Kvitebjørn Energi. The transaction is attractive to Elkem and provides increased strategic flexibility. On 15 November,…
Solvay S.A. (Brussels, Belgium) announced that it is expanding its production capacity of high-performance polymer Solef polyvinylidene fluoride (PVDF) at its site in Tavaux, France. Building on its previously announced PVDF capacity increase at its site in Changshu, China, this new project…