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Latest News: Business

Lummus and InnoVent Renewables join forces to promote tire recycling technology

Lummus Technology (Houston) and InnoVent Renewables announced the signing of a Memorandum of Understanding (MoU) to work toward licensing and deploying InnoVent's continuous tire pyrolysis technology globally. "This is another significant step in expanding and strengthening our portfolio for the…

Ineratec begins production at Europe’s largest e-fuels plant

Ineratec GmbH (Karlsruhe, Germany)  inaugurated ERA ONE, a Power-to-Liquid plant for the production of e-Fuels and e-Chemicals that will usher in a new era of sustainable mobility. The plant in Frankfurt-Höchst is the largest of its kind in Europe and…

Air Liquide to supply ultra-high-purity gases for VisionPower semiconductor manufacturing in Singapore

Air Liquide S.A. (Paris) will build, own and operate, through a significant investment of around €70 million, a new industrial gas production facility in Singapore. In the framework of the long-term agreement, large volumes of ultra-high-purity nitrogen, oxygen, argon and…

BASF starts commercial-scale Black Mass plant at Schwarzheide battery-recycling site

BASF SE (Ludwigshafen, Germany) has successfully started the commercial operation of its Black Mass plant in Schwarzheide, Germany. This state-of-the-art facility represents a significant milestone for BASF’s battery recycling business. It is one of the biggest commercial Black Mass plants…

Sika and Sulzer to establish plastics recycling JV for the construction sector

Sika AG (Baar, Switzerland) and Sulzer Ltd. (Winterthur, Switzerland) have signed a memorandum of understanding to establish a joint venture (JV) to advance plastics recycling in the construction industry. The aim is to combine the strengths of both companies: Sika's…

Fujifilm rebrands Life Sciences companies

Fujifilm Corp. (Tokyo) announced that its Life Sciences Group companies will be adopting new names and identities as part of a strategic positioning effort. The Group Companies’ new names, collaborative strategic focus, and structural alignment reflects Fujifilm’s commitment to Life…

Sanofi acquires U.S. biopharmaceutical firm Blueprint Medicines for $9.1 billion

Sanofi S.A. (Paris, France) and Blueprint Medicines Corp. (Blueprint), a U.S.-based, publicly traded biopharmaceutical company specializing in systemic mastocytosis (SM), a rare immunological disease, and other KIT-driven diseases, have entered into an agreement under which Sanofi will acquire Blueprint. The…

Amyris expands fermentation capabilities in Brazil with new production line and acquisition

Amyris, Inc. (Emeryville, Calif.) announced that it has acquired Ingredion's 31% stake in the RealSweet Joint Venture to take full ownership of the industrial precision fermentation plant in Barra Bonita, Brazil. This follows an agreement with Ingredion to wind down their…

Premix Group opens plastics manufacturing plant in North Carolina

Premix Group, a global leader in electrically conductive plastics, announced the opening of its state-of-the-art US manufacturing facility in Apple Creek, North Carolina. With a $79 Million investment from the Department of Defense (DoD) and Health and Human Services (HHS),…

Saint-Gobain Glass and VEKA Recycling forge partnership to improve glass recycling

Saint-Gobain Glass has forged a new partnership with VEKA Recycling that represents a major advancement in sustainable construction and post-consumer glass recycling in the U.K. fenestration industry. Saint-Gobain has also been bolstering its glass-recycling capabilities in the U.S. with projects…