W. R. Grace & Co. (Columbia, Md.) announced the completion of its acquisition of the Fine Chemistry Services business (FCS) of Albemarle Corp. (Charlotte, N.C.) for approximately $570 million, including $300 million paid in cash and $270 million funded through…
Wacker Chemie AG (Munich, Germany) has started to build a liquid resins unit at its Nünchritz, Germany site. This unit will supply key upstream products for formulating silicone-based building-protection agents and binders for exterior paints and industrial coatings. At the…
Raízen Argentina, Shell licensee, has selected Axens (Rueil-Malmaison, France) for the modular supply of a fluid catalytic cracking (FCC) gasoline hydrodesulfurization unit Prime-G+ in its Buenos Aires refinery. Raízen Argentina is developing a modernization and expansion program for its existing…
Eni S.p.A. (Rome, Italy) and Progressive Energy Limited have announced the signing of a framework agreement to further accelerate carbon capture and storage (CCS) within the HyNet North West low carbon cluster project. Under the agreement, Eni will develop and…
Saint-Gobain (Courbevoie, France) announces the sale of Saint-Gobain Glassolutions Objekt-Center, which specializes in glass processing operations as part of the Glassolutions network in Germany, to the German privately-owned AEQUITA group based in Munich. This sale concerns twosites: Döring Berlin and…
BASF Japan and Mitsui Chemicals, Inc. (Tokyo) have started a collaborative study to promote chemical recycling in Japan. Through cooperation across the value chain, BASF and Mitsui Chemicals will evaluate collaborative business models and various options to commercialize chemical recycling…
Haldor Topsoe A/S (Lyngby, Denmark) announced that it has established a focused green hydrogen business to accelerate its electrolysis activities. The new green hydrogen organization is fully dedicated to accelerating all aspects of Topsoe’s business within electrolysis, including development of…
Lummus Technology (Houston) announced that its Green Circle business and Synthos S.A. (Oswiecim, Poland) have started collaborating to commercialize Synthos’ biobutadiene technology. The first step of the commercialization program includes the development of a feasibility study for a biobutadiene plant…
Mitsubishi Chemical Corp. (MCC; Tokyo) has acquired all the shares of Nakai Industrial Co., Ltd., (Kyoto, Japan), a film coating manufacturer, and converted the company into a consolidated subsidiary. Nakai Industrial is a comprehensive coating manufacturer that has built up…
Prime Polymer Co., Ltd., a joint venture between Mitsui Chemicals, Inc. (Tokyo) and Idemitsu Kosan Co.,Ltd. (Tokyo), announced the decision to construct a new polypropylene manufacturing facility as part of its plans for a scrap-and-build-style restructuring of its production system.…