Neste Corp. (Espoo, Finland) is aiming to establish an algae pilot production facility in Spain to further strengthen the growth of its global raw material pool. With this pilot, Neste strives to develop and demonstrate algae cultivation and processing. The…
Celanese Corp. (Dallas, Tex.) announced the completion of an ultra-low capital project to repurpose existing manufacturing and infrastructure assets to unlock additional ethylene vinyl acetate (EVA) capacity at its Edmonton, Alberta facility. The expansion supports significant growth in the Acetyl…
Fluor Corp. (Irving, Tex.) announced that its Advanced Technologies & Life Sciences business was selected by Agilent Technologies, Inc., to expand its oligonucleotide therapeutics manufacturing facility in Frederick, Colorado, just north of Denver. Fluor is supporting engineering and procurement as…
Asahi Kasei Corp. (Tokyo) has completed the construction of its second plant for Ceolus microcrystalline cellulose (MCC) at its Mizushima Works in Kurashiki, Okayama, Japan, in January 2023. With the new facility, the company underlines its commitment to meet the…
Evonik Industries AG (Essen, Germany) has modernized and expanded probiotics production at its site in León, Spain, laying the foundations for further growth in the Gut Health Solutions business. The capacity for producing Ecobiol, Fecinor and GutCare has been more…
Digital quantum-computing company SEEQC (Elfsford, N.Y.) and BASF SE (Ludwigshafen, Germany) announced a partnership to explore the application of quantum computing in chemical reactions. This research will specifically explore the potential of quantum in dissolved catalysts, otherwise known as homogeneous…
3 Rivers Capital (Pitt has acquired Magnum Systems (Lenexa, Kan.) marking the Pittsburgh-based private equity firm’s first investment in the Industrial Automation industry. “Our acquisition of Magnum Systems reflects 3 Rivers Capital’s thesis-driven investment strategy focused on the Industrial Automation…
Arlanxeo (Maastricht, the Netherlands) announced the opening of a new polybutadiene (BR) production line in Brazil. The new production line supplements Arlanxeo’s existing production capacity in Brazil with an additional 65,000 metric tons per year (m.t./yr), and reinforces the company’s…
INEOS Olefins Belgium has announced it has raised €3.5 billion to support the construction and operation of what is said to be the most environmentally sustainable cracker in Europe, Project ONE. This is the largest investment in the European chemical…
Umicore N.V. (Brussels, Belgium) is starting the industrialization of its leading manganese-rich HLM (high lithium, manganese) cathode active materials (CAM) technology and targets commercial production and use in electric vehicles (EVs) in 2026. This major milestone introduces a distinctly competitive…