Sustainability-focused strategy consulting firm Hinicio (Brussels, Belgium) and entrepreneur Hans Kulenkampff announced their decision to join forces to accelerate development in Chile and enhance Hinicio’s market presence, with a particular focus on hydrogen. Globally, many organizations are developing sustainability and…
Lenzing AG (Lenzing, Austria) and Palmers Textil AG have founded a new joint entity — Hygiene Austria LP GmbH — in which Lenzing AG holds 50.1% and Palmers Textil AG 49.9%. The newly founded company will start producing and selling…
Avantium N.V. (Amsterdam. The Netherlands) announced that the Netherlands Enterprise Agency (Rijksdienst voor Ondernemend Nederland) has awarded the company €0.5 million for its participation in the CHAPLIN XL project. The CHAPLIN XL project is a collaboration between multiple industrial and…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) has reconfigured manufacturing operations in Louisiana to produce medical-grade hand sanitizer for donation to COVID-19 response efforts in Louisiana, New Jersey, New Mexico, New York, Pennsylvania and Texas. This follows the company’s announcements that it…
Merck KGaA (Darmstadt, Germany; www.merck.com) announced that it acquired the organic light-emitting diode (OLED) patent portfolio for display applications from Konica Minolta Inc. Merck offers many advanced display chemistries, including OLED and quantum dot (QLED) technologies. The acquired portfolio comprises…
Wison Engineering Services Co. Ltd. (Shanghai; www.wison-engineering.com) has announced that the first phase of Connell Chemical Industry Ltd.'s new plant has successfully started up and produced on-spec ethylene and propylene. This plant was built by Wison Engineering through an engineering,…
BP plc (London; www.bp.com) has signed a strategic cooperation agreement with one of China’s leading producers of PET (polyethylene terephthalate) plastic, China Resources Chemical Innovative Materials Holdings Limited (CRC). CRC is already an important customer for BP’s production of PTA…
Messer Group GmbH (Bad Soden, Germany; www.messergroup.com) announced that Paragon Partners, one of the leading, independent private equity firms in Europe, has acquired all shares in Castolin Eutectic (www.castolin.com), Messer’s wholly owned business focused on wear protection and repair solutions…
Linde (Guildford, U.K.; www.linde.com) announced that it has leveraged its extensive technology portfolio to sign a new contract with Indian Oil Corporation Limited (IOCL), the largest refiner in India. Praxair India Private Limited, a wholly owned subsidiary of Linde, will…
Sekisui Chemical Co. (Osaka, Japan; www.sekisuichemical.com) and INCJ, Ltd. have established a joint venture (JV) called Sekisui Bio Refinery Co. Ltd. with the aim of verification and commercialization of the technology converting combustible waste into ethanol using the microbial catalyst…