Samsung SDI (Seoul, South Korea) announced that the company has completed and signed an agreement with General Motors (GM) to establish a joint venture to supply electric vehicle (EV) batteries in the United States. The ceremony was held at Samsung…
Bridgestone EMEA (Bridgestone), Grupo BB&G (BB&G) and Versalis (Eni) announced the signing of an agreement aimed at establishing a closed-loop ecosystem to transform end-of-life tires into new tires. The agreement will bring together the innovation, experience and technological skills of…
Prayon S.A. (Engis, Belgium) has acquired the U.S.-based company Natural Enrichment Industries (NEI), a producer of calcium phosphate salts (TCP). This strategic move marks a significant milestone in the Group expansion in the US and further solidifies its global position…
Exxon Mobil Corp. (Houston) announced the signing of an agreement that ADNOC (Abu Dhabi National Oil. Corp.) will acquire a 35% equity stake in ExxonMobil's proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. The agreement represents a significant…
Indorama Ventures Ltd. (IVL; Bangkok, Thailand), through its direct subsidiary - IVL Dhunseri Petrochem Industries Limited - and Dhunseri Ventures Limited have formed a joint venture with Varun Beverages Limited, PepsiCo's second-largest bottling company globally outside the US, to establish…
AGC, Inc. (Tokyo) has announced the opening of the AGC Chemicals Technical Center in Hsinchu, Taiwan, in October 2024. This center will provide technical services for chemical products focused on semiconductor and electronic materials. Taiwan plays a crucial role as…
Evonik Industries AG (Essen, Germany; www.evonik.com) has officially inaugurated its new production plant for cosmetic emollients at its site in Steinau, Germany. These esters are manufactured using an enzymatic process. The double-digit million-euro plant will significantly increase Evonik’s production capacity…
Eni S.p.A. (Rome, Italy; www.eni.com) and Snam S.p.A. (Milan, Italy; www.snam.it), within the framework of the equal Joint Venture set up for the purpose, announced the commencement of CO2 injection activities in the reservoir for Phase 1 of Ravenna CCS.…
LanzaTech Global, Inc. (Chicago, Ill.; www.lanzatech.com), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, has signed a Master License Agreement with Sekisui Chemical Co. Ltd. (Tokyo, Japan; www.sekisuichemical.com) to deploy, at commercial scale, a jointly…
Specialty chemical maker Evonik Industries AG (Essen, Germany; www.evonik.com) has upgraded the production of the high-performance foam ROHACELL® at its main site in Darmstadt, Germany, to use only electricity from renewable energy sources. As a result, Evonik’s High Performance Polymers…