Croda International Plc (Snaith, U.K.) has agreed to acquire Avanti Polar Lipids, Inc., a leader in lipid-based drug-delivery technologies for next-generation pharmaceuticals. Croda has acquired Avanti for an initial consideration of $185 million on a debt and cash-free basis, with…
Air Products (Lehigh Valley, Pa), in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5-billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be equally owned by the…
Dow Inc. (Midland, Mich.) announced that it has signed a definitive agreement to sell its rail infrastructure assets and related equipment at six major North American sites to Watco Companies (Watco), a Pittsburg, Kansas-based transportation company providing transportation, terminal and…
Solenis (Wilmington, Del) is participating in the Piloting Alternatives for Plastics project, a global initiative to help develop the next generation of fiber-based materials to replace plastics used in food packaging, filters, hygiene products and other goods. Solenis is joining…
Air Products (Lehigh Valley, Pa.) and thyssenkrupp Uhde Chlorine Engineers GmbH (Dortmund, Germany) today announced the signing of a Strategic Cooperation Agreement (SCA). The two companies will collaborate exclusively in key regions, using their complementary technology, engineering and project execution…
ExxonMobil Corp. (Irving, Tex.) and Princeton University’s Andlinger Center for Energy and the Environment have renewed their collaboration to research lower-emission technologies and energy solutions. The new, five-year agreement builds on ExxonMobil’s participation in Princeton’s E-filliates Partnership, which began in…
Saipem S.p.A. (San Donato Milanese, Italy), in a 50% joint venture with Clough, has been selected as the exclusive EPC contractor for the development of Perdaman Industries’ urea plant on the Burrup Peninsula, approximately 20 km northwest of Karratha, on…
LISTICLE — Key expectations your measurement provider should meet The chemical industry is changing. You know there is plenty of new opportunity out there, but you are facing more strain with fewer resources and greater challenges than ever before. The…
Anellotech, Inc. (Pearl, River, N.Y.) has announced that R Plus Japan Ltd., a new joint venture company, will invest in the development of Anellotech’s Plas-TCat technology for recycling used plastics. R Plus Japan was established by 12 cross-industry partners within…
Equinor ASA (Stavanger, Norway) is leading a project to develop one of the U.K.’s – and the world’s – first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage (CCS). The project, called Hydrogen…