The Chemours Co. (Wilmington, Del.; www.chemours.com) announced a strategic partnership with UniEnergy Technology LLC (UET), a redox flow battery (RFB) manufacturer headquartered in Mukilteo, Washington. With their long run time, maintaining full storage capacity over 20 years, scalability and improved…
BASF SE (Ludwigshafen, Germany; www.basf.com) has announced that BASF Venture Capital is joining a group of prominent investors in the Series A investment round of Zapata Computing, Inc. Headquartered in Cambridge, Massachusetts, Zapata is developing both a powerful software platform as…
Emerson (St. Louis, Mo.; www.emerson.com) has acquired Bioproduction Group (Bio-G), a leader in simulation, modeling, and scheduling software for biomanufacturing. Bio-G’s scheduling and modeling systems combined with Emerson’s extensive life sciences technology and expertise portfolio will help companies bring therapies…
Sandvik Group (Stockholm, Sweden; www.home.sandvik.com) has acquired privately-owned Newtrax, a supplier of leading technology in wireless connectivity to monitor and provide insights on underground operations, including people, machines and the environment. “By including Newtrax into the Sandvik family we further…
Nouryon (formerly AkzoNobel Specialty Chemicals; www.nouryon.com) has completed a €4-million expansion at Mahad, India which will increase organic peroxides production capacity at the site by 80%. The increased capacity will support growing customer demand in India and the Middle East…
Sumitomo Chemical Co. (Tokyo, Japan; www.sumitomo-chem.co.jp) and Zymergen (Emeryville, Calif.; www.zymergen.com) announced that they have signed a multi-year partnership to bring new specialty materials to the market. This collaboration between the two companies will enable the development of new materials…
Toyo Engineering Corp. (Tokyo; www.toyo-eng.com), together with Toyo Engineering Corporation (China) (Toyo-China, President Benli Dong), have concluded a comprehensive engineering partnership agreement with BASF SE (Ludwigshafen, German; www.basf.com) in Asia Pacific for the term of 5 years. The agreement covers…
Celanese Corp. (Dallas, Tex.; www.celanese.com) has announced plans to significantly expand methanol production capacity at the company’s Clear Lake acetyl intermediates manufacturing facility located in Pasadena, Texas. Celanese has recently been granted approvals from the Fairway Methanol LLC board of…
The Board of Directors of ABB (Zurich, Switzerland; www.abb.com) announced that its CEO Ulrich Spiesshofer will step down from his role, which he has held since 2013. The Chairman of the Board, Peter Voser, will become interim CEO in addition…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that PetroChina will use the LyondellBasell Hostalen “Advanced Cascade Process” (Hostalen ACP) technology to produce 1,100,000 metric tons per year (m.t./yr) of high-density polyethylene (HDPE) capacity. Licensor selection has been done by China HuanQiu…