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Asahi Kasei divests Daramic, a lead battery separator business, to Kingswood Capital

Asahi Kasei (Tokyo, Japan; www.asahi-kasei.com) a diversified global manufacturer in the Healthcare, Homes, and Material sectors, announces its strategic divestiture of Daramic, a lead battery separator business, to Kingswood Capital Management, LP. The Daramic business transfer closed on December 1,…

CPI Business News: December 2025

Plant Watch Mitsubishi Gas Chemical builds new electronic materials plant in Thailand November 11, 2025 — Mitsubishi Gas Chemical Co. (MGC; Tokyo; www.mgc.co.jp) completed construction of a new plant expansion at MGC Electrotechno (Thailand) Co. (ETT), a subsidiary dedicated to…

Taking stock; looking ahead

Year’s end is, of course, the default juncture at which current situations are assessed and forecasts for the future are posited. As this year nears its end, indications are that 2026 will likely be a tough year for much of…

The Critical Role of Cost Estimation in Successful Project Execution

The ability to forecast costs, align budgets and maintain control throughout the lifecycle of a project can mean the difference between delivering value and facing costly overruns In asset-intensive industries, such as energy, chemicals, power and infrastructure, the balance between…

Strategic Cost Engineering for Chemical Manufacturers

When paired with deep process expertise, cost estimation becomes a powerful tool for mitigating risk and guiding investment for large capital projects Chemical manufacturing is one of the most complex and capital-intensive industries in the world. From specialty chemicals to…

Nikkiso partnering with Matheson Tri-Gas to build ASU in Nevada

Nikkiso Clean Energy & Industrial Gases Group (Temecula, Calif.; www.nikkisoceig.com) announced today that it has been awarded a significant contract by Matheson Tri-Gas, Inc. (Irving, Tex.; www.mathesongas.com), a wholly owned subsidiary of Nippon Sanso Holdings Corporation) to build an air…

Clariant catalysts and technologies garner awards at Gulf Energy Information gala event

Clariant (Muttenz, Switzerland; www.clariant.com), a sustainability-focused specialty chemical company, today announced that it received two awards at the 2025 Gulf Energy Information Excellence Awards. The company won “Best Catalyst Technology” for its chromium-free HySat catalyst platform for hydrogenation processes and…

INEOS launches investment to modernize cracker at petrochemical facility in France

INEOS (London, U.K.; www.ineos.com) has today announced a €250m investment program to regenerate and modernize its cracker at Lavera as part of a bold move to secure the future of one of France’s most important industrial sites and safeguard thousands…

GEA and RebelDot announce JV for accelerating digital innovation in the process industry

GEA (Düsseldorf, Germany; www.gea.com)  and RebelDot (Cluj, Romania; www.rebeldot.com), a leading Romanian technology company, are forming a strategic joint venture to accelerate digital transformation in the global process industry. The joint venture – named “RebelDot Process Industries” will be headquartered…

P2 Science and Algenesis partner on algae-derived chemicals and bio-based polyurethanes

P2 Science, Inc. (Woodbridge, Conn.; www.p2science.com) a pioneer in green chemistry and sustainable materials, and Algenesis Corporation (San Diego, Calif.; www.algenesislabs.com), a leader in bio-based and biodegradable polyurethanes, today announced a strategic collaboration to create and commercialize the raw materials…