Air Products (Lehigh Valley, Pa.) announced its newest air separation unit (ASU) in Chandler, Arizona is onstream and under long-term contract supplying key electronics and other customers. The ASU is capable of producing over two million standard cubic feet per…
Salzgitter AG, Avacon and Linde have taken an important step on the path to decarbonizing the steel industry. With the commissioning of “Wind Hydrogen Salzgitter – WindH2”, Germany’s only cross-sector project, green hydrogen will be produced in future with electricity…
Sika AG (Baar, Switzerland) has agreed to acquire Supermassa do Brasil Ltda, a mortar manufacturer which operates under the brand BR Massa in the Brazilian market. The acquisition will enhance Sika’s position in the region of Minas Gerais, one of…
Maire Tecnimont S.p.A. (Rome, Italy) announced that its subsidiary NextChem, and Agilyx Corp. (Tigard, Ore.), a wholly owned subsidiary of Agilyx AS have entered into an agreement to support the development of advanced chemical recycling facilities globally. This agreement combines Agilyx’ s leading pyrolysis…
Royal DSM N.V. (Herleen, the Netherlands) has reached an agreement to sell its Advanced Solar business in backsheet products to Worthen Industries, Inc., a company specializing in polymer technologies for multiple end-markets. In September 2020, DSM announced it had reached…
Thermo Fisher Scientific Inc. (Waltham, Mass.) announced plans to invest more than $600 million in capital investments to expand its bioprocessing production capabilities through 2022. These investments are expected to more than double the company's current manufacturing capacity and support…
Bentley Systems, Inc. (Exton, Pa.) has entered into a definitive agreement with investors led by Accel-KKR to acquire Seequent Ltd. (Christchurch, New Zealand) — a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata…
Clariant AG (Muttenz, Switzerland; www.clariant.com) and India Glycols Limited (IGL), a leading company in the manufacturing of green technology-based chemicals, announced a strategic partnership to establish a 51-49% joint venture in renewable ethylene oxide (EO) derivatives. By combining production and…
As part of its broader investment plan to drive innovation and growth in its specialty product lines, Hexion Inc. (Columbus, Ohio) intends to expand its Portland, Oregon, manufacturing site. The company is beginning the permitting stages of a second automated…
Siemens AG (Munich, Germany) has successfully closed the sale of Flender GmbH to The Carlyle Group for €2.025 billion (enterprise value). In October 2020, Siemens announced its plans to sell the specialized supplier of mechanical and electrical drive systems to…