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Business News: February 2026

Plant Watch Solstice announces manufacturing expansions in Germany and the U.S. January 15, 2026 — Solstice Advanced Materials (Morris Plains, N.J.; www.solstice.com) has completed two significant manufacturing expansions: a recently completed €5.5-million expansion of its stannous fluoride manufacturing facility in…

Dow announces cost-structure plan to utilize AI and automation; cut jobs

Dow Chemical Co. (Midland, Mich.; www.dow.com) announced a comprehensive plan to simplify how it operates and streamline its end-to-end processes. The Company will also reset its cost structure and modernize how it serves customers. Transform to Outperform targets the addition…

MOL Group enters strategic partnership with Libya’s National Oil Corporation

MOL Group (Budapest, Hungary; www.molgroup.info) has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC; Tripoli, Libya; www.noclibya.com.ly). The Memorandum of Understanding sets the foundation for cooperation in hydrocarbons exploration, technological innovation and crude trading.  The memorandum…

Aduro Clean Technologies to build Hydrochemolytic Technology demonstration plant in the Netherlands

Aduro Clean Technologies Inc. (London, Ont., Canada; www.adurocleantech.com) today announced it has selected Chemelot Industrial Park in Sittard-Geleen, Netherlands, located within the Chemelot chemical site, as the location for its planned industrial scale-up facility. The facility will host a First-of-a-Kind…

AkzoNobel to launch a new aerospace-coatings facility in Dubai

AkzoNobel Aerospace Coatings (Amsterdam, the Netherlands; www.akzonobel.com), the manufacturer of high-performance aerospace coatings solutions for aircraft worldwide, is preparing to launch a new color blending and distribution facility in Dubai, United Arab Emirates. The strategic location of the new site…

Biotalys and 21st.BIO enter into strategic partnership for agricultural bio control products

Biotalys (Ghent, Belgium; www.biotalys.com) and 21st.BIO (Søborg, Denmark; 21st.bio), a leading Danish precision fermentation technology company, have entered into a strategic partnership to accelerate the production of Biotalys’ protein-based biocontrol solutions. This collaboration will leverage 21st.BIO’s proprietary fermentation platform to…

Econotherm awarded contract for heat-pipe heat exchangers at Netherlands refinery

Econotherm (Bridgend, U.K.; www.econotherm.co.uk) has been awarded a contract exceeding €3 million for the supply of three fired heater air pre-heaters in a Rotterdam-based refinery. The project, which is being undertaken by the refiner as part of its overall greenhouse-gas…

Tools for the Smart Plant

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Technip Energies awarded two contracts for petrochemical projects in India

Technip Energies (Paris, France; www.ten.com) has been awarded two large [1]  contracts by Bharat Petroleum Corporation Limited (BPCL; Mumbai, India; www.bharatpetroleum.in) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India. The first contract…

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Business News: January 2026

Plant Watch Aster invests in expansion projects at Bukom petroleum refinery December 11, 2025 — Aster Chemicals and Energy Ltd. (Singapore; www.aster.com.sg) announced a significant investment program at its Bukom petroleum refining facility in Singapore. The project includes a $75-million…