Chemical Engineering
Emvolon and Freepoint Commodities announce partnership to scale biomethanol production from waste gases globally
Emvolon, Inc. (Woburn, Massachusetts), an MIT spinout commercializing technology that converts methane-rich waste gases into high-value liquid fuels, and Freepoint Commodities LLC (Stamford, Connecticut), a leading global physical commodity merchant, have announced the execution of two definitive commercial agreements. The…
Solstice Advanced Materials and Element Solutions mutually terminate merger agreement
Solstice Advanced Materials Inc. (Morris Plains, N.J.), a global leader in high-performance specialty materials, and Element Solutions Inc. (Fort Lauderdale, Fla.) have entered into an agreement to terminate their previously announced agreement for Solstice to acquire Element in a cash-and-stock…
Cyclic Materials to expand rare-earth recycling infrastructure in South Carolina and Arizona
Cyclic Materials Inc. (Kingston, Ontario, Canada), a company building rare earth production infrastructure through circular supply chains, has announced the completion of a US$75 million strategic financing round, reflecting expanded commitments from existing investors and bringing total equity funding to…
Evonik to build new drug-product manufacturing facility in Vancouver
Evonik Industries AG (Essen, Germany) is investing in a new GMP drug product manufacturing facility for lipid-based drug delivery in Vancouver, Canada. The facility will increase Evonik's development and manufacturing capacity, helping pharmaceutical and biotech customers bring lipid-based pharmaceutical products…
Blue Point One JV breaks ground on world’s largest low-carbon ammonia plant
Blue Point One, a joint venture between CF Industries Holdings, Inc. (Northbrook, Illinois), the world's largest producer of ammonia; JERA Co., Inc. (Tokyo, Japan), Japan's largest energy company; and Mitsui & Co., Ltd. (Tokyo, Japan), a leading global investment and…
Alleima to expand advanced tubing production at Mehsana, India facility
Alleima AB (Sandviken, Sweden) is increasing its capacity and capabilities for advanced tubing products through an investment of approximately SEK 220 million at its existing facility in Mehsana, India. Building on the expansion finalized in 2023, the next phase will…
Resonac Holdings resolves to spin off petrochemical subsidiary Crasus Chemical
Resonac Holdings Corp. (Tokyo, Japan) has resolved at a meeting of its Board of Directors to execute a partial spin-off (the "Spin-off") of its wholly owned subsidiary, Crasus Chemical Inc., which operates the petrochemical business, effective October 1, 2026. The…
Avanti secures up to $10 million from RiverFort for helium production
Avanti Helium Corp. (Calgary, Alberta) has entered into a definitive investment agreement with RiverFort Global Opportunities PCC Ltd. (Gibraltar) for a secured convertible credit facility with an aggregate face value of up to $10 million (the "Facility"), subject to acceptance…
Asahi Kasei opens battery-separator coating line in North Carolina
Asahi Kasei Corp. (Tokyo, Japan) held a grand opening ceremony on August 20 for its new Hipore™ wet-process lithium-ion battery separator coating line in Charlotte, North Carolina, marking a significant milestone in the execution of the company's North American battery…
MAIRE wins approximately €50 million in new awards in Asia, Europe and North America
MAIRE S.p.A. (Milan, Italy) announced new awards in its Sustainable Technology Solutions (STS) business unit for a total amount of approximately €50 million, with projects located across Asia, Europe, and North America. Stamicarbon B.V. (Sittard, the Netherlands), Nextchem's nitrogen technology…