Givaudan (Zurich, Switzerland) announced a significant strategic investment to build a new fragrances manufacturing facility in Pedro Escobedo, Mexico, further strengthening its industrial footprint in Latin America and supporting its growth ambitions. This investment is in line with Givaudan’s 2030…
ExxonMobil Corp. (Houston, Tex.) announced that it third advanced recycling unit at the copmany's complex in Baytown, Texas, is now operational, a milestone that demonstrates our focus on addressing plastic waste and fostering a more circular economy. With this addition,…
Celanese Corp. (Dallas, Tex.) announced that it has completed the divestiture of the Micromax® business to Element Solutions Inc. Celanese received approximately $500 million in cash from the transaction, and the proceeds will be deployed to support the Company’s deleveraging…
Chiyoda Corp. (Yokohama, Japan) has been awarded an Engineering, Procurement and Construction (EPC) contract by Idemitsu Kosan Co., Ltd. (Idemitsu) for a large solid electrolyte pilot plant, aimed at the practical application of All-Solid-State lithium-ion batteries. A strategic partnership has…
Covestro AG (Leverkusen, Germany) has successfully completed a major debottlenecking project at its TDI (toluene diisocyanate) production facility in Shanghai, China. The company has increased the annual production capacity from 310,000 to 370,000 metric tons, representing a 20 percent expansion…
This company is launching a new high-performance thermoplastic unidirectional (UD) tape for high-pressure all-thermoplastic hydrogen pressure vessels. With UDea® EcoPaXX®Q20HTC60, the manufacturer of high-performance plastics is offering a continuous fiber-reinforced tape, which can be used to wrap and mechanically reinforce…
CarbonStorage.io (Houston, Tex.; www.carbonstorage.io) today announced the public launch of its carbon capture and storage (CCS) intelligence platform, providing real-time global tracking of low-carbon infrastructure projects, including CCS, direct air capture (DAC), hydrogen, e-fuels, and CO₂ pipeline networks. The platform…
Global specialty chemicals leader Nouryon Ltd. (Amsterdam, the Netherlands; www.nouryon.com) today announced the launch of FinnFix® PB MAX, the cleaning industry’s first carboxymethylcellulose (CMC) with a 100% renewable carbon index score, enabling laundry detergent consumer brands to significantly reduce the carbon…
Cabot Corporation (Boston, Mass.; www.cabotcorp.com) today announced that it has successfully completed its acquisition of Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation (Tokyo, Japan; www.bridgestone.com). The transaction follows the announcement of a definitive agreement in August and…
MAIRE (Milan, Italy; www.groupmaire.com) announced today that TECNIMONT (Integrated E&C Solutions) and Baker Hughes (Houston, Tex.; www.bakerhughes.com), an energy technology company, have signed a non-exclusive memorandum of understanding (MoU) to explore cooperation opportunities on prospective modularized, scalable liquefied natural gas…