INEOS Enterprises Ltd. (London) has announced the acquisition of Eramet Titanium & Iron (ETI) from Eramet Group (Paris, France) for $245 million. The deal which takes immediate effect, was completed today following the satisfaction of regulatory approvals. ETI consists of…
Bioplastics developer Danimer Scientific, Inc. (Bainbridge, Ga.) announced it is expanding its collaboration with Chevron Phillips Chemical (CPChem; The Woodlands, Tex.) to explore development and commercialization of cast extrusion films, blown extrusion films, injection molded parts and rotational molded parts…
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has announced that Takasago Hydrogen Park, the world's first integrated hydrogen validation facility, has entered full-scale operation. The park is located at MHI's Takasago Machinery Works in Hyogo…
Greenfield Global Inc. (Toronto, Ont., Canada), a world-renowned manufacturer and distributor of specialty alcohols, solvents, and custom solutions, has successfully completed its 30 million gallon alcohol upgrade at its Johnstown distillery inOntario, increasing the company’s overall production of high-purity alcohol…
Dow (Midland, Mich.) announced the startup of a new MDI (diphenylmethane diisocyanate) distillation and prepolymers facility at its world-scale manufacturing site in Freeport, Texas. This investment optimizes Dow’s existing asset infrastructure and advances Dow’s leading positions in attractive applications in…
Metso (Espoo, Finland) has extended its manufacturing capacity of mobile track-mounted crushing and screening equipment in Alwar, India, by opening new manufacturing facilities. After the extension is complete, the total size of the Alwar factory is approximately 340,000 square meters,…
ExxonMobil Corp. (Spring, Tex.) announced the startup of two new chemical production units at its Baytown, Texas, manufacturing facility. The $2-billion expansion is part of ExxonMobil’s long-term growth plans to deliver higher-value products from its U.S. Gulf Coast refining and…
Borealis Group (Vienna, Austria) has announced that Project STOP and Banyuwangi Regent, Ipuk Fiestiandani, inaugurated one of Indonesia’s largest Material Recovery Facilities (MRF) in Songgon Municipality. Built in collaboration with the regional government of Banyuwangi, the facility is a significant…
The preliminary value for the CE Plant Cost Index (CEPCI) for July 2023 (most recent available) fell compared to the previous month’s value, the second straight monthly decline. To arrive at the decline in the overall CEPCI for July, decreases…
CF Industries Holdings, Inc. (Deerfield, Ill.) and POSCO Holdings Inc., South Korea’s largest steelmaker, as well as a leader in energy trading and power generation, announced that the companies are evaluating a joint venture to construct a low-carbon clean ammonia…