Metsä Fibre, part of Metsä Group, and Linde plc (Guildford, U.K.) have signed a preliminary agreement of an on-site oxygen supply to Metsä Fibre’s new bioproduct mill in Kemi. The preliminary agreement includes construction of an on-site oxygen plant based…
AGC Biologics, a U.S.-based CDMO subsidiary of AGC Inc. (Tokyo, Japan), announced that it will increase the production capacity of its Copenhagen facility. AGC Biologics will construct a new building on land adjacent to its current Copenhagen site, adding production…
Linde plc (Guildford, UK) announced that it has signed a memorandum of understanding (MoU) with Snam S.p.A. (Milan, Italy) to jointly develop clean hydrogen projects and related infrastructure in Europe. Snam, a world leading energy infrastructure company, owns and operates…
Equinor ASA (Stavanger, Norway)announced that it has joined Europe’s biggest green hydrogen project, the NortH2-project. The project aims to produce green hydrogen using renewable electricity from offshore wind off the coast of Netherlands of about 4 gigawatts by 2030, and…
KBR, Inc. (Houston) announced the successful startup of Sinochem Quanzhou Petrochemical Co., Ltd.'s (Sinochem Quanzhou) 1,000,000 metric tons per year (m.t./yr) ethylene plant in Quanzhou, Fujian Province, China. The ethylene plant is part of Sinochem Quanzhou's grassroots integrated refining and…
Braskem S.A. (Philadelphia, Pa.) announced its collaboration with Encina Development Group, a leading provider of solutions to produce renewable chemicals, to develop a long-term relationship enabling the production of circular, recycled polypropylene (PP). Encina's technology is able to produce renewable…
Evonik Industries AG (Essen, Germany) has signed an agreement to acquire the LACTEL business of biodegradable polymers from DURECT Corporation for $15 million. The transaction is expected to close by Q1 2021 pending the satisfaction of certain customary closing conditions.…
Huntsman Corp. (The Woodlands, Tex.) announced its agreement to acquire Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from funds owned by Audax Private…
LyondellBasell (Rotterdam, the Netherlands) and SUEZ (Paris, France) jointly announced the acquisition of TIVACO, a plastics recycling company located in Blandain, Belgium. The company will become part of Quality Circular Polymers (QCP), the companies' existing 50/50 plastics recycling joint venture.…
Honeywell announced Türkiye Petrol Rafinerileri A.Ş. is improving the performance of its existing Honeywell UOP enhanced two-stage Unicracking process with the addition of an external heavy polynuclear aromatics (HPNA) stripper at its Izmit refinery. The HPNA stripper will enable Tüpraş…