Scientists from ExxonMobil Corp. (Irving, Tex.), the Georgia Institute of Technology and Imperial College of London have published joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil.…
Celanese Corp. (Dallas, Tex.) announced it has reached a definitive agreement to sell its 45% equity investment in the Polyplastics joint venture (JV) to Daicel Corporation for $1.575 billion. Following the completion of the transaction, Daicel will own 100% of…
Aker Solutions is launching a series of structural and strategic changes to transform the company and enhance shareholder value by spinning off the wind and carbon capture businesses to shareholders and merging Aker Solutions ASA with Kværner ASA to create…
Arkema S.A. (Colombes, France) announced the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. This acquisition will enable Bostik to strengthen its global offering of hotmelt adhesive solutions for niche industrial applications in the construction, technical…
Evonik Industries AG (Essen, Germany) is further expanding its business in the area of additive manufacturing. The specialty chemicals company has opened a new technology center for 3D printing in Austin, Texas. The U.S. site will play a key role…
Air Liquide (Paris, France) and NLMK, a leading steel producer in Russia, have entered into a new long-term partnership. Under the agreement, Air Liquide will invest around 100 million euros in the flagship site of NLMK in Lipetsk, a combination…
Stepan Co. (Northfield, Ill.), through subsidiaries in Mexico, it has entered into an agreement with Clariant (Mexico) S.A. de C.V. to acquire Clariant's anionic surfactant business and associated sulfation equipment located in Santa Clara, Mexico. Financial terms of the transaction…
Solenis LLC (Wilmington, Del.) completed the acquisition of 100% of the outstanding shares of Poliquímicos, S.A. de C.V. (Poliquímicos). Headquartered in Mexico City, Mexico, Poliquímicos is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the…
Evonik Industries AG (Essen, Germany) announced that its new multi-purpose silicones manufacturing facility in Geesthacht, Germany is now fully operational after completing final commissioning tests and gaining the necessary authority approvals. Engineers carried out small batch runs, and the essential…
Chevron Corp. (San Ramon, Calif.; www.chevron.com) announced today that it has entered into a definitive agreement with Noble Energy, Inc. (www.nblenergy.com) to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or…