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Sika acquires mortar manufacturer in Brazil

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…

Agilyx and Nextchem enter partnership to deploy chemical recycling projects

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…

DSM sells Advanced Solar backsheets business

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 plans $600-million bioprocessing expansion

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 Enters into Agreement to Acquire Seequent

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 and India Glycols form JV for renewable ethylene oxide derivatives

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…

Hexion to expand Portland manufacturing plant

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 concludes sale of Flender GmbH to Carlyle Group

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…

BASF partners with bio-surfactant specialists in Japan and the U.K.

BASF SE (Ludwigshafen, Germany) has recently signed two distinct partnerships agreements to expand its global leading position in the bio-based surfactants and actives market. A strategic alliance with Japan-based Allied Carbon Solutions Co.,Ltd (ACS) includes an equity stake and makes…

Alterra Energy receives ISCC certification for advanced plastics-recycling facility in Akron

Alterra Energy (Akron, Ohio;www.alterraenergy.com) announced that its Akron, Ohio, advanced recycling facility has earned the International Sustainability and Carbon Certification PLUS (ISCC PLUS) certificate as a pyrolysis plant and collection point for mixed plastic waste. Alterra Energy has developed and…