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Celanese completes divestiture of Micromax business to Element solutions

Celanese Corp. (Dallas, Tex.) announced that it has completed the divestiture of the Micromax® business to Element Solutions Inc. Celanese received approximately $500 million in cash from the transaction, and the proceeds will be deployed to support the Company’s deleveraging…

Chiyoda awarded EPC contract for Idemitsu Kosan’s solid-electrolyte plant

Chiyoda Corp. (Yokohama, Japan) has been awarded an Engineering, Procurement and Construction (EPC) contract by Idemitsu Kosan Co., Ltd. (Idemitsu) for a large solid electrolyte pilot plant, aimed at the practical application of All-Solid-State lithium-ion batteries. A strategic partnership has…

Covestro completes major debottlenecking project at TDI plant in Shanghai

Covestro AG (Leverkusen, Germany) has successfully completed a major debottlenecking project at its TDI (toluene diisocyanate) production facility in Shanghai, China. The company has increased the annual production capacity from 310,000 to 370,000 metric tons, representing a 20 percent expansion…

This unidirectional tape helps support all-thermoplastic hydrogen pressure vessels

This company is launching a new high-performance thermoplastic unidirectional (UD) tape for high-pressure all-thermoplastic hydrogen pressure vessels. With UDea® EcoPaXX®Q20HTC60, the manufacturer of high-performance plastics is offering a continuous fiber-reinforced tape, which can be used to wrap and mechanically reinforce…

CarbonStorage launches CCS intelligence platform for tracking low-C infrastructure projects

CarbonStorage.io (Houston, Tex.; www.carbonstorage.io) today announced the public launch of its carbon capture and storage (CCS) intelligence platform, providing real-time global tracking of low-carbon infrastructure projects, including CCS, direct air capture (DAC), hydrogen, e-fuels, and CO₂ pipeline networks. The platform…

Nouryon launches bio-based, biodegradable alternative for laundry detergent formulations

Global specialty chemicals leader Nouryon Ltd. (Amsterdam, the Netherlands; www.nouryon.com) today announced the launch of FinnFix® PB MAX, the cleaning industry’s first carboxymethylcellulose (CMC) with a 100% renewable carbon index score, enabling laundry detergent consumer brands to significantly reduce the carbon…

Cabot completes acquisition of Mexico Carbon Manufacturing S.A. from Bridgestone

Cabot Corporation (Boston, Mass.; www.cabotcorp.com) today announced that it has successfully completed its acquisition of Mexico Carbon Manufacturing S.A. de C.V. (MXCB) from Bridgestone Corporation (Tokyo, Japan; www.bridgestone.com). The transaction follows the announcement of a definitive agreement in August and…

Technimont and Baker Hughes to collaborate on LNG initiatives

MAIRE (Milan, Italy; www.groupmaire.com) announced today that TECNIMONT (Integrated E&C Solutions) and Baker Hughes (Houston, Tex.; www.bakerhughes.com), an energy technology company, have signed a non-exclusive memorandum of understanding (MoU) to explore cooperation opportunities on prospective modularized, scalable liquefied natural gas…

High-capacity pastillation system for fertilizer solidification and more

The latest addition to the Rotoform flagship chemical-solidification technology range is the Rotoform XG, a high-capacity pastillation system for fertilizer finishing. Designed for applications such as sulfur bentonite and urea mixes, as well as NPK (nitrogen, phosphorus and potassium) and…

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Business News: February 2026

Plant Watch Solstice announces manufacturing expansions in Germany and the U.S. January 15, 2026 — Solstice Advanced Materials (Morris Plains, N.J.; www.solstice.com) has completed two significant manufacturing expansions: a recently completed €5.5-million expansion of its stannous fluoride manufacturing facility in…