H2BE and INEOS Ltd. (London) announced that they have agreed preliminary commercial terms for the offtake of low-carbon hydrogen from H2BE, with an aim of supporting Ineos Project ONE's ambition to become the first zero carbon steam cracker in Europe.…
Eni S.p.A. (Rome, Italy) has signed an agreement to acquire a 25% stake in Energy Exploration Technologies, Inc.'s (EnergyX; Austin, Tex.) Chilean subsidiary company Black Giant SpA, developing a lithium project located in northern Chile, near the Salar de Punta…
Givaudan (Zurich, Switzerland) celebrated the grand opening of its new, state-of-the-art production facility in Cikarang, Indonesia. By expanding manufacturing capacity and accelerating innovation, the new facility will strengthen the Company’s ability to meet rising consumer demand for memorable food experiences…
Sumitomo Chemical Co. (Tokyo, Japan) announced that its wholly owned Korean subsidiary, Dongwoo Fine-Chem Co., Ltd. (Dongwoo Fine-Chem), has signed a joint venture (JV) agreement with Samsung Electro-Mechanics Co., Ltd. (Suwon, South Korea) to establish a joint venture company that…
Solstice Advanced Materials (Morris Plains, N.J.; formerly part of Honeywell) and Element Solutions Inc. (Fort Lauderdale, Fla.) announced that they have entered into a definitive agreement for Solstice to acquire Element in a cash-and-stock transaction valued at approximately $14.5 billion,…
As part of a long-term contract, Air Liquide S.A. (Paris) will build, own and operate two new production units in Indiana to deliver ultra-pure gases to the first U.S. semiconductor fab of SK hynix, a South Korean global leader in…
Yara International ASA (Oslo, Norway) announced that its U.S. subsidiary, Yara North America, Inc., has reached an agreement to acquire Gulf Coast Ammonia’s (GCA) ammonia production facility in Texas City, Texas from GCA Holdings LLC, affiliated with Lotus Infrastructure Partners and…
Axens (Rueil-Malmaison, France) announced that it has signed an agreement with Air Liquide S.A. (Paris) to acquire its Methanol-to-Olefins (MTO) technology portfolio, including the Lurgi Methanol-to-Propylene™ technology. This addition expands Axens’ SAF portfolio through Axens’ Jetanol® process chain, offering its…
Covestro AG (Leverkusen, Germany) completed the acquisition of two former Vencorex production sites for hexamethylene diisocyanate (HDI). derivatives in Rayong, Thailand, and Freeport, Texas, USA. With the acquisition, Covestro expands its production footprint for HDI derivatives and reaffirms its commitment…
Messer Group GmbH (Bad Soden, Germany) announced the completion of the acquisition of 100% of the shares in WKS Group (Singapore and Malaysia), in Wipco (Malaysia) and the signing of an agreement to acquire 100% of the shares in Kobewel…