LyondellBasell Industries N.V. (LYB; Rotterdam, the Netherlands) announced the establishment of a new distribution hub in Hungary for its polyolefins grades. This distribution hub in Hungary is an important addition to the LyondellBasell global footprint. In addition to existing distribution…
Shin-Etsu Chemical Co. (Tokyo) announced plans to establish a new company, Shin-Etsu Silicone (Pinghu) Co., Ltd., in Zhejiang Province, China, and construct a new silicone products plant to expand its silicone business. Shin-Etsu Chemical established Zhejiang Shin-Etsu High-Tech Chemical Co.,…
Johnson Matthey plc (JM; London) has been selected by HIF Global (Houston), the world’s leading eFuels company, as the methanol licensor for HIF Global’s Paysandú eFuels project in Uruguay. The facility would be the largest e-methanol plant in South America…
MAIRE S.p.A. (Milan) announced that its Sustainable Technology Solutions business, Nextchem, has finalized the acquisition of 100% of GasConTec GmbH (GCT), an innovative company specialized in technology development and process engineering. Founded in 2017, GCT is located in Bad Homburg,…
MOL Group (Budapest, Hungary) announced the inauguration of its €1.3-billion polyol complex in Tiszaújváros, Hungary. The new facility has a production capacity of around 200,000 metric tons per year (m.t./yr) of polyol per year. The ceremony, addressed by Prime Minister…
Biosolutions specialist Cemvita (Houston) announced a significant breakthrough enabling the company to produce substantial quantities of its Sustainable Oil from waste carbon sources. This landmark achievement marks a pivotal step forward in the production of low-carbon intensity feedstocks for HEFA…
BlueAlp, a leading advanced recycling technology company, has signed an agreement with Recupero Etico Sostenibile S.p.A (RES), a waste management pioneer from Italy. BlueAlp will supply a technology license and will engineer, procure and fabricate the unit in its workshop…
Hysata Pty. Ltd. (Wollongong, Australia) has closed what is said to be the largest Series B finding ever in Australia's clean tech industries, announcing a $111-million USD investment round with strong backing from existing major strategic and financial global investors.…
Thermon Group Holdings, Inc. (Austin, Tex.), a global leader in industrial process heating, announced that it is bolstering its customer response times and capabilities with the completion of its recently modernized and expanded manufacturing facilities in Orillia and Oakville, Ontario.…
Axalta Coating Systems (Philadelphia, Pa.) announced that it has entered into a definitive agreement to acquire The CoverFlexx Group (Brighton, Mich.) from Transtar Holding Company for initial cash consideration of $285 million, plus an additional $10 million earnout based on…